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Innovative Shenzhen firms magnet for talents: paper

2019-April-16       Source: Szdaily.com

Local high-quality companies have gradually become the ideal workplaces for talents due to their increasing competitiveness and their ability to provide more space for career development, the Shenzhen Special Zone Daily reported yesterday.

Local high-quality companies have gradually become the ideal workplaces for talents due to their increasing competitiveness and their ability to provide more space for career development, the Shenzhen Special Zone Daily reported yesterday.

At the 17th Conference on International Exchange of Professionals, which was held from Sunday to yesterday, the reporter from the Daily found that local innovative enterprises were much favored by Chinese professionals.

According to a list released by business networking platform LinkedIn early this month, 25 Chinese and foreign companies have been rated as the most desirable enterprises for Chinese workers.

Alibaba, Baidu and Bytedance rank as the top three. Shenzhen enterprises Huawei and Tencent also entered the list, joining other well-known companies such as Amazon, Tesla, Apple and Oracle.

Lu Jian, president of LinkedIn China, said the fact that 15 Chinese enterprises are on the list indicates that multinational companies are no longer the only career choice for talents.

According to Lu, the ever-increasing attractiveness of innovative Chinese firms comes from the rapid development of China’s economy, as well as the government’s supportive policies that advocate entrepreneurship and innovation.

Innovative Chinese companies are also drawing a growing number of overseas talents while embracing rapid growth. In 2018, Shenzhen introduced more than 17,000 overseas returnees, bringing the city’s total number of overseas returnees to more than 120,000.

Chen Yubo, vice president of Tsinghua University’s school of economics and management, said Shenzhen has the highest inflow to outflow ratio of international talents in the Guangdong-Hong Kong-Macao Greater Bay Area.

Shenzhen’s inflow to outflow ratio of high-level talents and digital talents are 1.65 and 1.68, respectively, giving the city the leading place in the Greater Bay Area in both the attraction and retention rate of global talents, the Daily report said.

Chen believes that Shenzhen’s talent policy values talents and possesses foresight, which provides important support for the city’s development.

Editor: Will

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