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July 20, 2016

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Home » Business » Finance

Tap talent to turn city into global hub

SHANGHAI should tap its diverse talented professionals with overseas education background and business management skills to help the city become a global tech innovation center, said a report jointly released by LinkedIn and the local government.

Shanghai tops among all Chinese cities in a career development index due to its more than 1 million LinkedIn users and job opportunities.

More than 20.4 percent of the talents in Shanghai have overseas education experience, above the national average rate of 12.1 percent. Around 7.7 percent of the talents have MBA degrees, higher than the national average of 5.1 percent, according to the report released by LinkedIn and the Xuhui district government.

The majority of high-end talents work in multinational firms and top Chinese firms in Shanghai. This leaves local small and medium-sized firms difficulties in luring talents.

Cross-industry talents, like the fintech sector which is an integration between information technology and finance, are urgently needed in China, said speakers from Alibaba, Ctrip and Accenture at a conference.


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