Second- and third-tier cities compete to attract talents

Job seekers look through information at a job fair in Hangzhou, Zhejiang province, on Feb 4, 2017. [Photo/VCG]

Hangzhou: Lump-sum graduate subsidy

In May, Hangzhou, the capital of East China's Zhejiang province and host city of the 2016 G20 summit, issued a new subsidy policy to attract fresh graduates with master's and doctoral degrees.

According to the policy, master's and doctoral graduates can get a lump-sum subsidy of 20,000 yuan and 30,000 yuan respectively, if they work or start up in Hangzhou within a year after graduation.