The number of Chinese students returning from abroad has grown greatly due to better job prospects(前景) at home and tightening work and migration policies overseas.
In 2017, 608,400 students from China went abroad while 480,900 returned. Nearly 80 percent of students chose to return to China after completing overseas studies last year, up from 30 percent in 2007 and about 5 percent in 1987.
Forty percent of respondents(被访问者) chose to return because of more job opportunities in China, while 27 percent feared that employment and migration regulations abroad may hinder their career development. Overseas-educated Chinese still prefer to work in China's first-tier cities after returning home. About 20 percent of respondents returning from overseas chose to work in Beijing, followed by Guangdong Province (including Guangzhou and Shenzhen) and Shanghai, at 14.6 percent and 11.4 percent, respectively.
Favorable policies for overseas-educated students played a big part in the taking-in of foreign-educated graduates to first-tier cities. Benefits include special project incubators(孵化基地), funds, tax cuts and easier access to permanent residence.
The report found that although 40 percent of foreign-educated students found their first job within one month and nearly 95 percent within half a year, 80 percent earned less than they expected.
There is a large gap between their comparatively low salaries and their expectation, which was often caused by their overconfidence and lack of knowledge about the best channels to find work and skills employers were looking for. When they come back to start their job hunts, they find themselves competing with those who already have some work experience. “You can't weigh the pros and cons in direct financial terms because overseas graduates have other advantages such as enhanced personal development and a broader vision.”
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