China's Skilled Migration Programme. Will it work?

[neddy]

There have been talk that in order for China to advance to the next phase of development, they need to produce runaway international success equivalent to today's Facebook, iPad. etc

Some even joke that if they can create a Silicon Valley in China which attract talents from all over the world, they will return the factories to USA to make the hardware cheap for them.

An impossible dream?



http://www.abc.net.au/news/2012-11-...n-home-to-prosperity/4375230?section=business

Professor Hugo predicts the coming decades will see the flow of migrants between Australia and China actually start to reverse.

"I think it's going to become much more complex," he said.

"In fact I've been invited by the Chinese Government to go to a meeting later this year where they're looking at the development of a skilled migration program of their own so that they can attract skilled migrants, not necessarily returning Chinese, but people from other countries to fill skill gaps in the Chinese economy."



But as China's next generation of leaders takes charge, some Chinese hope their homeland can learn from Australia's more relaxed approach to life.

"To be honest, I don't worry about who is the leader in China," Mr Yangang said.

"I just worry about who can keep the Chinese people living better and better. Not richer and richer, just better and better. You know, there's a difference."

 

[winnipegjets]

The Chinese don't care much about foreign expertise. They pick up a bit and then think that they know it all.

 

[Leongsam]

This has got to be the joke of the century.

 

[kingrant]

Oh please do it quickly and take all these riff-raffs from India to your shores!

Combine the fake degrees world factory with the fake-all global factory, and what do we have?

 

[neddy]

Another B.S. out of the :oIo: PRC 18th congress.

As far as I know, nothing will change. Guo jin min tui (国进民退)

Building an Innovation :oIo:Nation:oIo:
China wants to take the next step in its economic development, but as economist Wu Jinglian points out, this will require fundamental changes to how government and private business interact

Beijing – It has been five years since the central government announced its goal of creating an innovative society in China. The Communist Party's recently concluded 18th National Congress has reaffirmed the commitment, but many questions remain. Is this a turning point in China's economic reforms? What are the roles the government and businesses need to play in the great transformation? What is the future of small and medium-sized enterprises (SMEs)?

http://english.caixin.com/2012-11-19/100462664_1.html

 

[QXD]

I seem to recall many articles written by ST addressing similar issues like these in the early to mid 90s.

Total BS, what they say about a reversal in emigration trends for a few simple reasons.

1) The very people who migrate grow old, establish their lifestyles and become less mobile and less employable.
2) Employability of an individual lowers as one ages, unless via business

The chance of reversing an established migrants decision has therefore got to be very very attractive for him to return to what he wanted to get out of in the first place, i.e.- very low chance of returning.


As for the children of the migrants:

1) Youth being on their side can mean the ability for them to "tough it out" in most environments (pollution, language, culture).
2) Most would seek expat terms to maintain their first world earning power and would not accept local market terms and thus are well insulated from local market forces and economic constraints.

The main motivator for the young would then be the prospect of earning recognition, but as for them settling as true "locals" in a different country, this would not happen and in fact may bring on the very social tensions that SG is facing now with FTs. Reverse migration for this group is thus highly possible due to mobility but beyond them counted as a country's population, their effect on the culture to that country is at most neutral (insulated) to a slight negative (rise in resentment).

Then there is the third group, the rich with high liquidity. These are the people who are primarily seeking the highest returns for what they invest in and therefore sovereign factors weigh heavily on where they will reside in and invest. In fact where they reside and invest are mutually exclusive, their social impact on the country is thus a function of how much and where they invest their money in.

The last group is the noveau-riche, or the new money (upper middle class to 15th percentile high earners). This class of folks have mainly made it in their own country and have the cash to spend, expand their businesses or enjoy themselves. This group would very likely not leave the country as concerns regarding their replication of their business model in a new host country or concerns of losing their secret formula of success to competition. Very likely any business investments away from home would be "expeditions", small minor investments able to suffer losses for a reasonable period, but limited in scale, success or failure not important. This is the group More then likely to send their kid overseas to acquire a broader appreciation of the world around them, and thus closing the loop of what motivates a person to migrate.

 

[neddy]

These days, the mass China immigration group is study visa for North Koreans for cheap factory workers. Around 150,000 arriving in China.

also,
Seems like the Precious Leader cannot do anything to motivate disobedient rural citizens.
The consequences of the late Dear Leader saving Pyongyang and leaving the rural people to fend for themselves.

Singaporeans?