Chinese cities attract top professionals
As companies continue to expand into Asia and China, reshape their organizational structures, relocate their plants and enter new markets, they create cross-border opportunities for talented professionals.
Shanghai remains the most attractive destination in China but it is interesting to note that respondents are increasingly drawn to Beijing. Going forward, companies and professionals are more likely to recognize the benefits of being closer to the investment, political and State-owned enterprise decision-making centers there.
Furthermore, with the expansion of the Chinese domestic market, more companies, particularly banks, are establishing second hubs in Beijing to cover the North China region and more senior/regional roles are being created as a consequence.