"Advice on Further Strengthening the Talent Management in Binhai New Area" Introduced in Binhai

ĦĦĦĦBohai Morning Post (by Zhang Yongzhi) - Recently, the Administrative Committee and the District Government have introduced the "Advice on Further Strengthening the Talent Management in Binhai New Area"(hereinafter referred to as the "Advice") has aroused wide concern, and it is named the "new talent policy" of Binhai. As is stipulated in the "Advice", for the coming 5 years, the annual talent fund should be no less than 2% of the general budget revenue;the investment of all organizations in Binhai New Area to the introduction,training and rewarding of talents plus the relevant operations should be no less than 1% of the year's general budget revenue.

ĦĦĦĦAccording to the introduction, Binhai New Area will apply talent policies that are more open, establish a global recruitment network, set up a system of hiring high-level talents from overseas as distinguished experts, accelerate the adjustment of census registration transfer policy, ease the terms for the family migration along with the high-level talents.Every year, 1,000 talents that have made outstanding contribution to the development and construction will get the census registration.Top talents in the fields of philosophy and social sciences are supported to develop in Binhai New Area, who will be subsidized for their research, and will be supported by preferential policies in census registration, housing and education of children. Pilot programs will be carried out for the permanent residence and skilled migration systems for overseas talents and the realization of visa on arrival and green card policies will be strive for.

ĦĦĦĦSpecial funds for the introduction of leading technological talents and innovative teams will be set up. A start-up capital of RMB3 million will be provided to the leading talents introduced; while for the startupteams that are of top level in China and around the world, the special working funds will as much as RMB20 to 1000 million.If a leading talent is to start a business, an office space of 100 to 500 m2 will be provided, with 3 years of rent exemption.

ĦĦĦĦThe housing project for talents will be implemented.The new leading talents who are buying houses in Binhai can get subsidies as high as RMB1 million. Within 5 years, more than 20,000 apartments for experts, white-collar workers and blue-collar workers will be built in Binhai, and 30% or so of the low-cost houses will be used as the apartments for talents every year.

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