Conferences to Help Attract Foreign Professionals to the City
In an effort to lure overseas talent for the city’s Peacock Plan, the Shenzhen Science and Technology Association is planning to have promotional conferences in the United States, in Silicon Valley and in Boston.
The conference is being organized by the association together with the Futian District government, Monte Jade Global Science and Technology Association and the Shenzhen Kuang-Chi Institute of Advanced Technology. The conference will be designed to attract business investment to the Shenzhen International Technology Innovation Park. The association said that the conference is not considered a job fair that is aimed to attract the talents needed to set up businesses in Shenzhen.
The past thirty years of achievements in Shenzhen can be attributed to the national talent pool, though as some inland cities offer policies that help retain professionals, Shenzhen has been forced to look for professionals overseas for the next couple of years.
The Peacock Plan was initiated in October of 2010, the government will spend 500 million yuan annually in the next five years just to attract overseas professionals to the city to the New Energy, Internet, industrial and Biotechnology sectors to help boost their competitive edge. Professionals that are eligible for the plan can get subsidies ranging from 800,000 up to 1.5 million yuan.
The city is hoping to attract around fifty teams together with 1,000 individuals into the plan, and aside from the overseas professionals, mainlanders returning from their studies overseas are also eligible for the plan.