CHENGDU, Aug. 14 (NBD)-- The Center for China & Globalization, together with the job-hunting website Zhaopin.com released the "Report on Chinese Returnees Employment in 2017". The Report analyzes the employment situation of returned Chinese studying abroad, and sheds light on the new trends that those Chinese returnees born in the 1980s and 1990s have shown in employment.

The Report indicates that with China's rapid economic and social development, the "talent magnet" effect exerting increasing influences, whereas growing number of overseas returnees poses bigger employment pressures.

Southwest China's Chengdu ranks 3th, following Beijing and Shanghai, on the list of Chinese overseas returnee entrepreneurs' first choice of Chinese cities, according to the Report.

A city's soft power draws attentions from returnee entrepreneurs

The Report says that when overseas returnees choose a city to start a business, what they value most are economic development, personal connections, comfortable environment, cultural inclusiveness and resource concentration in sequence.

A total of 49.3% returnee entrepreneurs choose Beijing (24.3%), Shanghai (8.1%), Chengdu (6.6%), Guangzhou (5.9%) and Wuhan (4.4%) to find an undertaking, which is characterized by "dominant role of first-tier cities and rapid rise of new first-tier cities". Chengdu, Wuhan and other new first-tier cities have become increasingly attractive for overseas returnees.

About 40% of the overseas returnees move into management

Email: gaohan@nbd.com.cn