BEIJING - A total of 272,900 Chinese students returned home after finishing their education abroad in 2012, up 46.6 percent from 2011, said a senior human resources official on Thursday.
Since China's reform and opening up began in 1978, 1.09 million Chinese who studied abroad have returned home, said Yin Weimin, minister of human resources and social security, at a meeting.
In recent years, there has been a greater tendency for such Chinese overseas students to return after finishing their studies. More than 800,000 have returned in the last five years, with the annual number growing by an average rate of 36 percent each year, Yin said.
"China will further establish a sound system for the returnees, including visa, residence, medical care, insurance and housing," the minister vowed.
The Chinese government launched a drive to recruit experts from abroad in 2008, offering favorable policies in terms of taxation, insurance, housing, settlement for spouses and children, career development, research projects and government awards.
As of last year, more than 1,100 top-level experts have been recruited to work in China under the program, according to Yin.
More Chinese overseas students return home |Hot Issues |chinadaily.com.cn
Gender imbalance is being sorted out with one child policy relaxation.
We still have 90% self sufficiency in grain (rice, wheat, corn) and soybean. It's only in grain that's growing fast. We are now relying on non-US sources for our grain imports.
Most of our food imports from the US are corn and soybean. We just approved GM corn to be imported from Brazil and Argentina and also Ukraine. We are going to other countries to buy the food we need.
Corn and Soybean imports are not used for human consumption, it's for animal feed.
Our output of grains will increase as we develop larger farms and our agricultural mechanisation improved from a very low rate currently. Also most of the domestic production is wasted in storage so that can be improved.
The food security problem will be sorted out through adopting advanced technology.
Enjoy being at the top while you are. Yanks are on borrowed time kid.