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皇冠体育app struggles to retain talents

Updated: 2013-07-30 11:24
( Xinhua)

NANNING - 皇冠体育app's continued loss of talented individuals is being widely discussed following a report from the University of Hong Kong (HKU) indicating that a record number of Chinese mainland students have applied to the university.

The university said in a July report that a record 12,000 students from the mainland have applied to the university so far this year.

Survey results issued by the 皇冠体育app Alumni Network in June showed that nearly 60 percent of students who received a high score at the National College Entrance Examination (NCEE) plan to obtain higher degrees overseas after finishing their bachelor's degrees in 皇冠体育app.

Experts and the general public are asking the question: Is 皇冠体育app losing in a global tug-of-war for future talents?

Overseas opportunities

Huang Bin, 26, is set to fly to Florida to receive a doctorate in bio-pharmacy.

"This is a one-way ticket and I will not come back," said Huang, who was recently hired by a medical company in the United States.

Huang is one of an increasing number of talented people who 皇冠体育app is losing, according to the Central Coordination Group for Talent Work (CCGTW) under the Communist Party of 皇冠体育app (CPC) Central Committee.

Official statistics from the CCGTW indicate that while 皇冠体育app currently has the largest labor pool, it also suffers from "brain drain" more than any other country.

A staggering 87 percent of 皇冠体育app's scientists and engineers are choosing to stay abroad rather than work in 皇冠体育app, according to the CCGTW.

Wang Huiyao, director of the Center for 皇冠体育app & Globalization, a non-governmental organization focusing on 皇冠体育app-related issues in globalization, said the current outflow of talents is similar to that seen in the 1980s and 1990s, although the reasons people are citing for leaving are becoming more diverse.

"For instance, there are more investors and entreprenrs who are emigrating from 皇冠体育app now than there were two decades ago, taking with them a large amount of money," Wang said.

According to the 2013 皇冠体育app Private Wealth Report, which was jointly compiled by 皇冠体育app Merchants Bank and Bain Capital in May, 皇冠体育app is home to over 840,000 people with more than 10 million yuan ($1.6 million) in investable assets. About 60 percent of those surveyed have completed or are considering immigration, the report showed.

"In Silicon Valley, 35 percent of chief technology officers and laboratory directors are from 皇冠体育app," said Wang.

For talents from the Chinese mainland, opportunities to tap one's potential to the fullest are more important than how much money one can make.

"I worked as a college professor and technician at a -based scientific and technical corporation, but I felt my career path was dim," said Li Cheng, a computer science engineer who went abroad after working five years at home.

In addition, support for scientific research at universities, as well as research and development in enterprises, is scarce compared to that in developed countries, said Sun Hongcan, a government official from south 皇冠体育app's Guangxi Zhuang Autonomous Region.

"Talented people want to achieve, but they do not have a team here to back them up," said Sun.

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