Wednesday, August 29, 2007

Localizing the workforce starts right at the top

China is widely expected to become the world's largest employment market in the future.
Yet although China's working population looks set to grow through 2020, 72 percent of workers are currently employed in the agricultural sector. More critically, only 4 percent of the current working population holds a university qualification.………The good news is that there are 65 million overseas Chinese worldwide. Their roots lie in the mainland and they are keen to bring their own ideas, capital and skills physically into the country. This will alleviate China's executive talent shortage issue to a certain degree.

Chinese mainland returnees: born and raised in China, studied or worked in the US or Europe and then returned to China. They offer international experience, plus language and cultural skills but are in short supply. [View Full Article]

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