BEIJING :China is becoming attractive to global talent on an unprecedented level because of the nation’s economic size and vibrancy, according to a report of US business magazine Forbes published in China Daily on Monday. The 2018 Global Talent Mobility and Wealth Management Report predicts the country will be a major exchange hub for global talent flow by 2022. “By that time, China will be not only the largest export country of students studying abroad, but also a major destination for global talent to settle down,” said Russell Flannery, Shanghai bureau chief of Forbes China. No country in history has met both criteria, he said, adding that although India used to have the largest number of students overseas, it has not been attractive enough to global talent, such as people from the United States. “China’s role as a hub in global talent mobility will further consolidate, and it will help the country to integrate its educational resources globally. Meanwhile, it will provide more competitive job opportunities for overseas talent,” Flannery said. It is the third year in a row the report has been jointly released by Forbes and Wailian Overseas Consulting Group, a Shanghai-based investment and immigration company. Kenneth Jarrett, president of the American Chamber of Commerce in Shanghai, said he has witnessed a growing number of US workers coming to China over the past few years, as well as more Chinese students returning to China to set up their own businesses. To him, this is an indicator of China’s increasing participation in the global economy.
Originally published by APP