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Beijing Woos Foreign Talent To Zhongguancun Tech Zone | The Nanfang

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Foreign Businesses in China

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Beijing Woos Foreign Talent To Zhongguancun Tech Zone

Preferential Visa policies to attract foreign experts

Charles Liu, January 15, 2016 11:20am (https://thenanfang.com/author/charlesliu/)

The Ministry of Public Security has announced a pilot project grantingpreferential

policies to attract high-end foreign talent to the nations capital. Beijing follows
Shanghai in becoming the second city to introduce such measures.

StartingMarch 1, the project strategically targets high-end foreign professionals,

including overseas Chinese who graduated from foreign universities and have started
businesses in Beijing, foreign exchange students, and foreigners who work for
entrepreneurial startups in the city.

One of the goals of the project is toprovide a steady stream of foreign talent for
scientific and technological innovation in Beijings newly re-tooled Zhongguancun
National Demonstration Zone, said the Ministrys Bureau of Exit and Entry
Administration.

As part of the new policy,overseas Chinese in possession ofa doctoral degree received
abroadwill be given permanent residency, no matter how long they stay in the
capital. Additionally, foreigners who have worked at Zhongguancun companies for
four years, staying at least six months per year, will be given the permit as well.

Other highlights of the program include allowing foreign students to have part-time
jobs while starting their own businesses in Zhongguancun, allowing overseas
university students to have short-term internships in Zhongguancun, and providing
easier access to permanent residency for foreigners with doctoral degrees.

Wang Huiyao, president of the South China Global Talent Institute, explainedthe
benefit of the policies: The threshold will be lowered for overseas Chinese and highend foreign talent, which is definitely a real benefit for them, said Wang.

Meanwhile, policies designed to mold Shanghai into a global technological innovation

center have resulted in the issuing of more visas and permits.

Since loosening visa policies in July of last year, 715 permanent resident permits have
been issued in Shanghai, which is up 60 from the same time the year before.

One of the benefits to lowering the entry requirements for foreign experts in

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1/21/2016

Beijing Woos Foreign Talent To Zhongguancun Tech Zone | The Nanfang

technology and innovation is that they will be eligible for permanent residency
permits that are valid for up to 10 years, compared to the five years that was issued
before.

High-level foreign talent with a permanent job in Shanghai can obtain a foreign expert
permit that is valid for between two and five years. The procedure for obtaining that
permit has been simplified, and the age restriction was lifted from 60 to 70 years.
Expats can also apply for permanent residency on the recommendation of their
companies after working in Shanghai for three years. Under the new policy, foreign
talent employed in technology and innovation will be eligible for permanent
residence permits valid for up to 10 years.

Source: China Daily (http://www.chinadaily.com.cn/china/201601/13/content_23058308.htm ), China Daily (http://www.chinadaily.com.cn/china/201601/13/content_23060495.htm)

Photos: China Daily (http://www.chinadaily.com.cn/china/201601/13/content_23058308.htm ), China Daily (http://www.chinadaily.com.cn/china/201601/13/content_23060495.htm)
Tags: Technology (https://thenanfang.com/tag/technology-2/), Expats
(https://thenanfang.com/tag/expats/), zhongguancun
(https://thenanfang.com/tag/zhongguancun/), permanent residence
(https://thenanfang.com/tag/permanent-residence/), foreign experts
(https://thenanfang.com/tag/foreign-experts/)

Charles Liu
(https://thenanfang.com/author/charlesliu/)
The Nanfang's Senior Editor
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Beijing Woos Foreign Talent To Zhongguancun Tech Zone | The Nanfang

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