China to attract more talents than it exports: report

Students pose for a group photo during a 2013 graduation ceremony at Fudan University in Shanghai.Photo: Zuma Press

China will embrace a historical turning point as it will see a larger inflow of talents than outflow in the next five years with the rapid increase of overall national strength, the state-owned People’s Daily said on Tuesday.

China is showing a strong “talent magnet” effect, and the country will gradually become one of the most important places in international talent competition, the newspaper said.

According to China’s Ministry of Education, the number of Chinese students studying overseas during 1978 and 2015 was more than 4 million, among which more than 2.2 million students came back to China upon graduation, amounting to 80% of the students who have finished their overseas studies.

Meanwhile, over 410,000 students who studied overseas returned to China in 2015, increasing by 12% compared with that of 2014, a report on Chinese overseas study in 2016 shows.

Around a decade ago, only one among three who studied abroad would come back to China, while the ratio between the number of students studying abroad and those coming back was 3.15:1 in 2006, and 1.28:1 in 2015, People’s Daily reported.

The report attributes the return of high degree talents in recent years to the “continuously increasing international impact of China,” and said the country is now seeing the “largest scale of talent return since the founding of new China” in 1949.

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