Bowing to the urban demand for quality
Four decades of reform and opening-up, and the resultant rapid economic development have given rise to a fierce competition for talents in China. Although China remains the world's biggest talent exporting country, it is now seeing talented Chinese individuals returning home.
At the beginning of the 21st century, only 17 of the 100 students studying abroad returned to China after completing their education. By the end of 2017, the figure had risen to 79 out of 100. This trend indicates China has become a great power, where talents have become more and more important to the domestic human resources market.
Talent has become the most crucial but scarce factor for a city's high-quality development. The competition for talents in many cities has much to do with the central government's policy to attract talents. It is also closely related to the ever-increasing economic and innovative competition among cities because of high-tech development and upgrading of the economic structure.