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Disclaimer
All the information contained in this report is obtained through proprietary technology aggregation algorithms, human experts, network of domain experts, discussions with industry leaders, public and confidential information sources believed to be reliable. Talent Neuron makes no representations or warranties regarding the errors, omissions or completeness of any information contained herein and shall have no liability for the same. The report is provided solely for informational and marketing purposes and opinions must not be construed as advice, recommendations or endorsements. The reader of the report is advised to conduct an independent evaluation and form conclusions with respect to the information provided.
Talent Neuron can help in selecting the right location by providing data, analytics and insights on Locations, Talent, Cost, Peer Group Footprint & Trends
Location Analysis
Understand the capability of each potential location and make data driven decisions on setup and expansion
Understand the capability of each potential location and make data driven decisions on setup and expansion
Ecosystem Analysis
Understand the capability of each potential location and make data driven decisions on setup and expansion
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CAPABILITIES Talent Neuron has assisted over 100 companies in their global location analysis and site selection process
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* Details not disclosed by the company Source: Source: Talent Talent Neuron Neuron Website Research and Analysis
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Talent Neuron has two module Talent Intelligence and Talent Analytics. Our data spectrum covers 500 cities, 9 Domains and 400+ skill sets
520+ Cities
Location Profiles Talent Pool (Installed and Fresh) Salary and Cost University Peer Companies Monitor Role Views Job Engine Top Brains Public People Profiles
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Company Career Sites
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Correlated data on Talent, Cost, Peer companies Data on City level suitability & Ecosystem Data from Local Recruitment Companies
Chengdu
Parameters
City Population (2011) MSA* Population Area Official Language
Chengdu
7,123,697 14,040,000 12,132 sq. km Mandarin
Suzhou
6,376,600 11,800,000 8,488 sq. km Mandarin
China's state council has designated Chengdu as the country's western center of logistics, commerce, finance, science and technology, transportation and communication SUZHOU Suzhou has second largest economy in the Yangtze River Delta after Shanghai. It contributes 2.3% to countrys GDP
Literacy Rate
Unemployment Rate Population Growth Rate Legally Employable Population Key Industries
93.7%
3% 0.48% 11,230,000 Pharmaceuticals, ICT, Automotive, Aerospace
93%
4.3% 2.44% 8,662,000 ICT, Electronics, Textiles, Chemical, Mech. components
As one of the Satellite cities of Shanghai, its infrastructure is as good as any other Tier I city
With stable society, convenient transportation, beautiful environment, efficient government and considerate service, Suzhou is most suitable to make an investment Suzhou was ranked 5th on the Forbes list of Best Cities for Business in Mainland China in 2010 Suzhou is considered as one of the worlds top manufacturing location of laptops and digital cameras
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Note: *MSA Metropolitan Statistical Area Source: Doing Business in Chengdu; Invest in Chengdu government website; Government of Chengdu. 2011-05-13. Retrieved 2012-03-16; Government of Suzhou. 2011-03-18. Retrieved 2012-03-18; Doing business in Suzhou
GDP, 2010
$160 USD Billion $120 $80 $40 $0 GDP Suzhou $82 $143
$12,211 $7,200
Suzhou was one of the first Chinese cities to cross the US $10,000 GDP per capita level in 2007 Chengdus GDP per capita has been increasing steadily from US $2,300 in 2001 to US $7,200 in 2010. GDP of Chengdu showed a growth of 15% in 2010
$6
$4 $2 $0
Industry, 2010
12%
Primary Secondary Tertiary (Service)
2% 41%
48% 40%
57%
Chengdu
Suzhou
Primary industry refers to agriculture, forestry, animal husbandry, fishery Secondary industry refers to mining, manufacturing, electricity, water, gas production In Suzhou, services industry makes up 38% of the total industries, in comparison with Shanghai and Beijing, where services industry make up to 57% and 75% respectively Chengdus service sector already accounts for 48% of the economy and is predicted to grow to 60% within the next 10 years
Note: Source: Doing Business in Chengdu; Invest in Chengdu government website; Government of Chengdu. 2011-05-13. Retrieved 2012-03-16; Government of Suzhou. 2011-03-18. Retrieved 2012-03-18; Doing business in Suzhou , Suzhou Statistical Report, 2011
Zinnov
Chengdu
Suzhou
Chengdu is more R&D oriented compared to other Tier - II cities Suzhou is a kind of satellite city around Shanghai, it is more of a traditional manufacturing hub and can be developed into a Global Delivery Center. Not many MNCs are present in Online Search Engines/Internet sector, so hiring has to be done majorly through the local companies In general, the Chinese R&D talent is skilled in Internet/mobile technology. Lack of discipline in structured code writing may be an issue
Zinnov Note: * PD Product Development Source: Government of Chengdu official website, Invest in Chengdu; Suzhou Statistical Yearbook 2011; Invest in Suzhou, Primary Interviews with various Stakeholders in China 10
10
0 to 3 Year
60%
40%
Suzhou
3 to 6 Years
80%
20%
40%
35%
60%
65%
6 to 10 Years
84%
16%
Over 10 Years
92%
8%
0% Male
50% Female
100%
Male Female
Chengdu
Zinnov
Note:Source: Invest in Chengdu; Suzhou Statistical Yearbook 2011; Talent Neuron Pool Modeler 2009, 2010, 2011, Primary Interviews with various Stakeholders in China
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Sample List
Domestic Companies
JinTian HuaCheng HiSoft Vanceinfo Neusoft Beyondsoft Elegon lanxum Weflexforce Chengdu Shuguang Optic Fiber Network Sichuan Xiyasheng Electronics Tech Co Chengdu Huari Com. Tech. Co Huawei China Telecom China Mobile ZTE SNDA Symbio Kingdee Digital China
Domestic Companies
Unitedinfo Worldwide Crop Nanjing Dema Technology Co Isoftstone Information Service Corporation Masson Tech Ltd Senso Software Company Anlysun Electronic R&D Co Shanghai WIK Network Tech Co.,Ltd
Panasonic
Samsung CommScope
Pixelworks
Cisco Yageo Qimonda Schott Fujitsu
NALCO
NSK Philips Seimens HP IBM iGate Patni
Note: Source: Invest in Chengdu; Chengdu Municipal Bureau of Commerce, Chengdu HiTech park official website; Suzhou Statistical Yearbook 2011; Invest in Suzhou
Zinnov
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Key Reasons
Unmet Job Role Expectations
16%
12%
8%
4% 0%
Senior Level
Lucrative Job Market
The attrition rates are lower in Tier II cities as there are difficulties in mobility. This is a great incentive for MNCs as they can get a good employer loyalty The attrition rate is also lower in organizations that provide comprehensive training and have a consistent corporate culture The workplace environment and supplementary benefits play an important role in facilitating retention efforts. Common benefits provided by companies include supplementary meals, medical insurance, loyalty bonuses, performance related income payments, off-days on special occasions and housing allowances A lot of foreign companies in Suzhou adopt these measures. Management positions appear to reap the highest rewards, with some companies paying out bonuses of more than three months salaries worth, subject to performance MNCs are also facing the consequences of market overheating. According to a recent study, local privately owned enterprises are growing at a rate of 42%
Note: Source: Primary Interviews with various Stakeholders in China , Press releases, Invest in Chengdu
Limited Autonomy in Team Management Fear of getting type-casted with a specific work profile
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Designation
Entry Level Engineering (Software Engineer 1) Developer 2 Senior Developer Principal Engineer Management Level
Management candidates are often readily available but only at higher salary levels, and their demands may not suitably fit with the internal payment structure of the whole company This latest trend of high demands from candidates directly drives up recruiting costs In addition, detailed screening and background checks more stringently needed in China add to time invested into the process Typical hires ramp up in about 30 days Staying rate of fresh graduates in Chengdu is around 60%
Career Expectations
Fast track career growth Attractive pay packages Challenging job profiles Company culture Professional training & development Good prospects for high future earnings
Note: Source: Employment and HR Trends in China, Primary Interviews with various Stakeholders in China
Zinnov
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Tier I cities like Beijing and Shanghai are high on innovation index.
Tier I cities
Tier I cities have skilled talent for niche segments like mobile technologies, data analytics, etc. Tier I cities have strong base for cutting edge technologies, which is absent in tier II cities
Tier II cities
Suzhou is low on innovation index, specifically in internet domain as it is dominated by the outsourcing industry. MNC presence in this domain is almost negligible.
Chengdu is strong on innovation index in electronics domain. It has a number of state owned companies.
Zinnov
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Note: Source: Interviews with globalization leaders from peer companies, Talent Neuron portfolio analysis framework, Talent Neuron R&D Council and Talent Neuron city analysis framework
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Role View
Talent Neuron
Monitor
For Detailed information on Location, Talent, Cost, Risks, University Information contact info@talentneuron.com
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