Number of overseas Chinese returnees hits record high in 2013, says official

China has seen double-digit growth in number of overseas Chinese returning to China over the past two years, with the number reaching a record high of 353,500 in 2013, Qiu Yuanping, director of the Overseas Chinese Affairs Office of the State Council, said in a March 5 online interview held by the Press Center of the Second Session of the 12th National People's Congress.

Qiu said that in order to attract overseas Chinese students to come back to their home country, the related departments, including the Organization Department of the Communist Party of China Central Committee, the Ministry of Human Resources and Social Security and the Ministry of Education, have released a number of documents, according to which overseas Chinese students and elites are encouraged to start a business or work in China where they can enjoy many preferential policies related to financial subsidy for scientific research, facilitation of resettlement and exit and entry, children's education and social insurance.

"Despite the fact that more and more Chinese people are leaving China, the fact should not be ignored that China has seen double-digit growth in number of overseas Chinese returning to China in recent years, especially in 2013 when as many as 353,500 overseas Chinese returned to China, a record high since the start of reform and opening up (in 1978)," said Qiu, who attributed it to China's increasing economic power.

Qiu promised a bright future for the highly educated and skilled overseas Chinese, who want to return to China, where the tight labor market is suffering from a structural problem, saying these overseas Chinese talents are urgently needed in some sectors.

(The article is translated and edited by Ding Yi)

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