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Chaoyang charts long-term talent strategy

Beijing's Chaoyang district is expected to become a top destination of global talent, according to its recently released long-term talent development plan.

By 2020, Chaoyang aims to achieve a talent-driven growth model by establishing a talent pool with a sufficient supply of world-class professionals, a better structure and a growing capacity for innovation, according to the plan.

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Long-term Planning

Long-term talent strategy

One aspect of globalization is that it allows the district to attract more talented people from around the globe. On the other hand, local talent will be trained with the international insights and skills needed to do business globally.

A special fund for talent development will be established with an annual budget of no less than 200 million yuan.

In addition, the government will also use favorable policies to help talented professionals commercialize their science and technology achievements.

Creating a better living environment for talented people - including better residential, transportation, shopping, education, healthcare and recreation facilities - also tops the agenda of the district government.

Meanwhile, more businesses are encouraged to offer talent-oriented services, such as venture capital for new startups, intermediary organizations for training and job-hunting, insurance, and legal services.

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