Talents with professional skills in information and communications technology (ICT) have become the key driving force in the booming development of the digital economy in China.
Shenzhen is ranked third among the top 10 most attractive Chinese cities to digital talents, according to a report on China’s current transformation towards a digital economy, which was jointly conducted by Tsinghua SEM Center for Internet Development and Governance (CIDG) and the workplace social media platform LinkedIn.
The report, released Wednesday, analyzed 720,000 registered users who were digital talents working in China over the past three years based on the talents’ work experience, professional skills, signs of mobility and some other information.
The report shows that the distribution of digital talents has a significant positive correlation with the digitalization of a city’s economy. Shanghai, Shenzhen and Hangzhou are the three cities that have introduced the largest number of digital talents over the past three years.
Specifically, the roles of digital talents in China fit into six main categories, namely digital strategy management, in-depth analysis, product development, advanced manufacturing, digital operations and digital marketing.
Around 50 percent of digital talents are working in basic ICT industries, such as Internet and telecommunications companies, while the remaining talents are working in traditional industries like manufacturing, finance and consumer goods.
The report lists the 10 Chinese cities best at attracting such talents: Shanghai, Beijing, Shenzhen, Guangzhou, Hangzhou, Chengdu, Suzhou, Nanjing, Wuhan and Xi’an. These cities also lead China in digital economy because they attract digital talents with a variety of advantages due to each city’s unique development focus.
For instance, Beijing and Hangzhou have more digital talents with advantages in big data analysis, while the digital talents in Shanghai and Shenzhen mainly work in the manufacturing industry. Additionally, the consumer goods and finance industries in Shenzhen and Guangzhou possess more digital talents than other cities.
In a broader perspective, the report points out that the country’s economic digitalization has entered a new stage where the development focus has shifted from consumption to the supply-side industries, which depends more on “talents bonus” rather than “population bonus.”
Chen Yubo, director of CIDG, said the report could help government devise more accurate policies based on the distribution of digital talents in the country, as well as each city, thereby attracting and keeping these talents.