This Place Was Just Named the Best for Expats in China
By Bridget O'Donnell
Yet another survey naming China's best places for expats is now available, and you'll never believe which one topped the list!
(Okay, maybe you will).
Shanghai
once again came in at number one on the list, which measures regional
competitiveness for attracting international talent, reports SHINE. The
ranking was compiled by the Center for China & Globalization and the
Institute of Development Studies of Southwestern University of Finance
and Economics, and measured the country's 31 provinces, autonomous
regions and municipalities. Competetiveness was measured according to
three main factors: the number of expatriates, career development and
living environment.
Beijing
placed second and "Guangdong province" (which includes the southern
cities of Guangzhou and Shenzhen) came in at number three.
Shanghai
earned top marks for career development of international talent thanks
in part to a number of new visa policies that were implemented last
year. Among the new policies included one which allowed graduates of
renowned institutions to earn a work permit without prior work
experience. Coverage was also expanded for the foreigner's permanent residence card (AKA the "green card") and some senior executives over the age of 60 were also granted work permits.
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Commending Shanghai's career development, the report noted:
“Shanghai was among the first batch of opening-up areas in China, and always had a good reputation among international talent. Last year Shanghai introduced 30 new rules on human resources, offering sound policy support for development of international talent. Further development and innovations made in the free trade zone will lift the city's attractiveness to international talent.”
In
terms of living environment, Shanghai didn't fare as well, placing
behind Guangdong, Beijing, Jiangsu and Shandong, respectively. Maybe
that's because the cost of living in the 'Hai is just so expensive.
Beijing,
meanwhile, ranked ahead of Shanghai in terms of the number of expats,
according to the report. It's unclear how this ranking was chosen,
though presumably the number was assigned by ratio rather than actual
size as the most recent census figures available (from 2010) indicate
that Shanghai actually had a population of over 100,000 more foreigners
than Beijing:
While
the new ranking is certainly good for Shanghai, the report overall was
much more grim for China's place in the global market. The report noted
that China is less competitive than other more developed countries when
it comes to attracting foreign talent, and has seen a significant
outflow of talent. The number of expats in China is also said to be
considerably smaller than that of other countries.
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