174,000 expats calling Shanghai home
September 15, 2014 Category Expat corner, Weekly
Shanghai has been at the forefront in attracting professionals from abroad with more than 174,000 expatriates making the city their home – 19,000 more than two years ago, according to the Shanghai Foreign Experts Affairs Administration. Among them, about 88,000 are foreign experts who have lived in the city for at least one year, up 3% compared to two years ago. The other 86,000 worked for Chinese and foreign enterprises or joint ventures. Deputy Director Huang Weimao said the city government had spent over CNY10 million on funding 160 initiatives in 2013 to lure professionals to Shanghai. Six year ago, the central government launched a recruitment program for global experts, also known as the “Thousand Talents program,” which aimed to recruit about 1,000 top-level professionals from abroad to come and work in China. So far, 21 foreign experts working in Shanghai are under the central government’s program. Each receives a CNY1 million subsidy from the central government, in addition to other subsidies provided by the local government.
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