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Overseas experts flock to city
7/1/2005 17:29

Wendy Zhang/ Shanghai Daily news

The number of expatriates studying or working in Shanghai is increasing by more than 10 percent every year, so that now there are more than 50,000 in the city, nearly one-third of all the expats in China.
Shanghai has brought in nearly 250,000 overseas experts for the ten local construction projects such as the Meglev Train, the Shanghai International Automobile City, the Deep-water Port and the Shanghai Science and Technology Museum.
Among the overseas Chinese students who plan to return to their homeland, 80 percent consider Shanghai their top destination for work.
Since the city conducted a program to return 10,000 overseas Chinese students more than one year ago, nearly 5,000 of these students have come to Shanghai. Moreover, only 12 percent were directly introduced by the government, and most found jobs via the labor market.
After completing a successful program to bring in 1,000 specialists from Hong Kong, Shanghai has established a long-term mechanism for human resources exchanges with this Special Administrative Region.
Moreover, in a bid to improve the competitiveness of local talent in the global market, Shanghai has developed a series of training programs together with overseas government departments, universities, research institutes and multinationals.
More than 3,000 locals were sent abroad for training last year.