Ｃｈｉｎａ　Ａｂｓｏｒｂｓ　Ｏｖｅｒｓｅａｓ　Ｔａｌｅｎｔ.docVIP

Ｃｈｉｎａ　Ａｂｓｏｒｂｓ　Ｏｖｅｒｓｅａｓ　Ｔａｌｅｎｔ 　　As the storm of the financial crisis gathers strength, China’s market has shown its governance superior to the chaotic forces at work. The momentum of its 　　economic development has been maintained throughout, and that success was bound to create a need for more human resources. So it is no surprise that Chinese enterprises are increasing their recruitment abroad, an effort focused on high-level overseas Chinese and foreign talent. The call is being answered ?C by more and more returnees and foreigners seeking to make China a career milestone. 　　 　　 　　Technical and management functions in the financial industry are the hottest areas currently, and those we’d describe as 　　innovators are 　　being sought for many fields. 　　 　　CHINA’S appetite for resources has extended to people, creating quite a buzz in global human capital circles. At the end of December 2008, 27 Shanghai-based financial institutions conducted a recruitment trip to London, Chicago and New York, putting 170 mid- or high-level positions on the block. During the 10-day trip, they interviewed about 4,000 applicants on site, and some 800 were later sporting their memoranda of agreement with the firms. It all comes as something of a surprise to the talent search agencies. 　　 　　Wanted: Overseas Innovators 　　 　　Perks and benefits are the name of the game. Shanghai now offers favorable treatment to overseas financial professionals, including benefits like medical care, housing, and school admittance and enrollment assistance, assures Ji Wenguan, secretary of the CPC Shanghai Financial Work Committee. Their last recruitment trip netted two overseas recruits, now contracted to financial institutions in Shanghai. Meanwhile over 50 others had reached initial agreements with local employers. 　　 　　That is just the tip of the proverbial iceberg. 　　The Chinese government itself launched an initiative to hire 1,000 top-notch overseas professionals in the final months of