Shanghai issues employment and business startup guiding document
Shanghai Municipal Government recently issued the employment and business startup guiding document requiring increasing the intensity of entrepreneurial talent introduction, directly endowing residence permit credit standard values to market recognized entrepreneurial talents and their core teams, and shortening the time limit of converting the residence permit to registered permanent residence to 3-5 years from 7 years.
Domestic internet talents with the master’s degree and above take up nearly 50%
The professional social application website LinkedIn recently issued the “Chinese Internet Talent Pool Report” showing that among graduates engaged in the internet industry in 2014, the internet practitioners with the master’s degree and above take up 47.1% and those with MBA and the doctor’s degree account for 6% and 2.9% respectively. Moreover, those with the overseas education background occupy 43.5%.