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Shanghai builds its talent bank

SHANGHAI is using a database of Chinese students at the world's top 100 universities to attract top-level professionals to work in the city.

Huang Weimao, deputy director of Shanghai Foreign Experts Bureau, said the database, set up two years ago, was based on the city's needs for certain types of specialists.

Those included in the database are regularly informed of what kind of expertise the city is looking for and new incentives offered for their return. The database currently has profiles of 270 students and 30 more will be added this year, Huang said.

Yesterday, Chinese students from four British universities -- Cambridge, Oxford, Imperial College London and the London School of Economics and Political Science -- took part in a job fair organized by the bureau. Huang said it was an effective way to help local enterprises and research institutes to find high-quality employees.

More than 85,000 overseas students have been hired by companies in Shanghai or have started their own businesses here. Huang said more than 4,200 companies in Shanghai were set up by people who had studied abroad.

A government fund created six years ago has helped more than 1,000 overseas students to start their own enterprises by providing 250 million yuan (US$36.79 million) in start-up capitals, Huang said.


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