Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : China Warehouse- More Than Crockery -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (2205)	12/22/2003 1:46:01 PM
From: RealMuLan	Read Replies (1) \| Respond to of 6370

Overseas-educated students see opportunities in China www.chinaview.cn 2003-12-22 09:11:36 SHANGHAI, Dec. 22 (Xinhuanet) -- A small office, a desk and 300,000 US dollars registered capital were everything Dr. Chang Zhaohua had five years ago when he started his business in Shanghai after returning from the United States. Today, Chang's company, Microport Medical (Shanghai), has more than 150 workers and is a star in Shanghai's Zhangjiang High-Tech Park with assets up to 150 million yuan (18 million US dollars). "We found home here," said Chang, 39, who had lived in the United States for more than 10 years. "China's rapid economic development offers us the best chances." Along with an increasing number of overseas-educated Chinese students who returned to China, Chang said China offers better job prospects than the United States and he did not have to face a glass ceiling in the motherland. The number of "sea turtles," the nickname for returnees to China, is growing rapidly in Shanghai, China's commercial and business hub. Statistics of the Shanghai Municipal Personnel Department show some 45,000 returnees now work in the city, serving as high-level managers, senior engineers or starting their own businesses. More than 90 percent of the returnees have gained a master's degrees or doctorate, according to the personnel department. All 23 national chief scientists in Shanghai are returnees with rich professional knowledge and expertise, and more importantly an international perspective. Shanghai is planning to provide 10,000 technical and managerial posts for returned students in the next two or three years, according to a "returned talent pooling" program launched in August. news.xinhuanet.com