China wooing foreign talent with green cards

Image
IANS Beijing
Last Updated : Sep 16 2013 | 3:15 PM IST

China is seeking to attract foreign talent by issuing more green cards in an effort to promote economic and social development in the country, a media report said Monday.

A larger number of Chinese permanent residency permits were issued in 2012 than in previous years, the China Daily quoted an official as saying.

Around 1,202 permits were granted last year, up more than 83 percent from the previous year, the report quoted Zheng Baigang, head of the public security ministry's bureau of exit and entry administration, as saying.

Most of the applicants were from the US, Japan, Canada, Australia and Germany, and were living in Beijing, Shanghai and Guangzhou, it added.

"The principle of China's 'green card' regulation is to attract foreign talent to promote economic and social development and enhance international communication," Zheng told the China Daily.

The official said that people with higher education and business experience were more likely to get the permits.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 16 2013 | 3:10 PM IST

Next Story