Today, increasingly Chinese overseas students are returning to a China, a move that is considered more reasonable and attractive than ever.
In recent years China has redoubled its efforts in attracting return of talents from oversees. According to the latest data from the Ministry of Education, 4 million Chinese people studied abroad from 1978 to 2015, of which 2.2 million have returned. in 2015, the number of overseas students returned to China recorded 44,300, a big increase by 12.14 percent.
Returning of talents from overseas has improved China’s competitiveness. Statistics show that over 70 percent of the R&D projects at national level are headed by overseas returnees. According to the Ministry of Science and Technology, China ranked second in the world for the publication of scientific papers, and China ‘ share in the contribution to scientific advancements worldwide was accounted for 56.2 percent.
So far, there are over 300 pilot R&D parks created for returnees, which generated revenue of 280 billion RMB in 2015, as a total of 67,000 returned talents have started their business in these parks.
Experts predict that in the next five years, China will reach a turning point as it will transform from the biggest source of outbound talents in the world into a major destination for international talents.