China’s New Talent Strategy: Impact on China’s Development and Its Global Exchanges

SAIS Review of International Affairs, Vol. 31, 2011

16 Pages Posted: 25 Dec 2011

See all articles by Huiyao Wang

Huiyao Wang

Harvard Kennedy School; Center for China & Globalization

Date Written: December 24, 2011

Abstract

China has undergone enormous economic changes in the past 30 some years and now faces important decisions as it considers how best to sustain this unprecedented level of growth. China’s population is aging rapidly and the 225 million migrant workers who have fueled China’s economic miracle for the past three decades are now demanding better payment for their work. Further complicating the situation are the growing numbers of younger generation of college graduates entering the job market: according to the Chinese government, China will have 195 million college-educated people by 2020. Most of this new generation of college graduates will come from a middle class single-child family.

In response to these and other policy and demographic challenges, the Chinese leadership recently launched a major national talent development plan intended to cultivate, attract, and retain highly skilled individuals from the world. This new strategy has far-reaching implications for China’s efforts to build an innovation-driven economy by 2020 and offers valuable insights for the global academic, business, and policy communities.

What has been done so far by China on the talent policy front of this new strategy, and how will this new talent generation impact China and even the U.S. in the future? What will this mean for China if China has global talents, and what will this mean for the future Sino-American relations? Indeed, the new generation of returned and well educated global talents in China and China’s increasing talent exchanges with the United States will play vital roles in China and America’s development in the coming decade.

Keywords: China, Talent, Returnees, Sino-US Talent Exchanges

Suggested Citation

Wang, Huiyao, China’s New Talent Strategy: Impact on China’s Development and Its Global Exchanges (December 24, 2011). SAIS Review of International Affairs, Vol. 31, 2011 , Available at SSRN: https://ssrn.com/abstract=1976775

Huiyao Wang (Contact Author)

Harvard Kennedy School ( email )

79 John F. Kennedy Street
Cambridge, MA 02138
United States

HOME PAGE: http://ash.harvard.edu/Home/About/Fellows-Scholars/Rajawali/Wang-Huiyao

Center for China & Globalization ( email )

Suite 12B10, Hanwei Plaza
No. 7 Guanghua Rd, Chaoyang Dist.
Beijing, 100004
China
86-10-65611038 (Phone)

HOME PAGE: http://www.ccg.org.cn

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