国产av不卡一区二区_欧美xxxx做受欧美_成年人看的毛片_亚洲第一天堂在线观看_亚洲午夜精品久久久中文影院av_8x8ⅹ国产精品一区二区二区_久久精品国产sm调教网站演员_亚洲av综合色区无码一二三区_成人免费激情视频_国产九九九视频

National

Regional

Taiwan, HK, Macao

Special Coverage

Focus

Society

Profiles

Shanghai hunts for overseas talent

(China Daily)
Updated: 2009-07-02 08:40

SHANGHAI: Business leaders and scientists are among a group of professionals who can extend their residency permits under a new policy designed to attract more talent to the nation's most populous city.

The policy, which took effect Wednesday, allows a greater number of overseas investors and professionals working in the city's Pudong district the opportunity to extend their residency permit to five years - the maximum term allowed in China with exception of the permanent residency pass.

The residency reform was approved by the Ministry of Public Security to help the city of nearly 20 million become more attractive to expatriates and help evolve the city into a larger financial hub by 2020.

Official statistics show more than 100,000 expatriates are currently working and living in Shanghai, the highest among all mainland Chinese cities. In Pudong alone, the number is over 48,000.

The group allowed under the new policy includes high-tech company executives, multinational leaders, scientists and professors employed by China's key institutions of higher learning, and those who have made "a great contribution" to the city, said the municipal public security bureau in a media briefing Wednesday.

Related readings:  Shanghai launch campaign to catch drunk drivers  Saving energy? It is a Shanghai tradition  Shanghai holds 9 linked with building collapse  Shanghai's 2010 Expo: the 'Economic Olympics'  Shanghai becomes China's "oldest" city with 21% aged above 60!

Executives from companies in Pudong with a registered capital volume over $3 million are eligible for the extension, down from the $30 million threshold under the previous policy.

The plan also applies to eligible applicants' spouses and children under 18.

"(The extension of residency permit) in the past was only enjoyed by people from big name multinational companies with their regional headquarters in Shanghai, but now those from private enterprises investing here can also do that," said Zhang Xinguang, spokesman from the Bureau of Exit-Entry Administration under the public security bureau.

Shanghai has seen an increasing inflow of foreigners coming to work here, said Sun Hande, director of the labor and employment center for foreigners under the municipal labor and social security bureau.

The number has grown by 13 times over the past 13 years, he said.

Myrthe Beulens, a woman in her 30s from Holland who came to the city two years ago with her husband, said the new rule is "very convenient" since they no longer have to renew them every year.

She and her husband, a manager at a foreign company in Shanghai, both received the extended residency permits Wednesday from one to three years.

"I enjoy living in China and especially in Shanghai, to work here and to develop our careers, so we are very happy with this opportunity (to stay longer).

"It's nice to think that the government here wants us to stay longer," she said.

Ge Hua, human resources manager from BASF Auxiliary Chemicals Co Ltd in Shanghai, told China Daily that the new rule could not only help the city attract more talent, but also reduce managing costs for companies.

But Sun said that Shanghai may have "a long way to go" before it lives up to the expectation of an international city, he was quoted as saying earlier last month by the Oriental Outlook.