Guangzhou launches recruitment drive in US

A recruitment fair based in the southern Chinese city of Guangzhou has launched a campaign in the United States to attract innovative companies or individuals to start up their business in China, organizers said last week.

The Convention on Exchange of Overseas Talents and Guangzhou Convention of Overseas Chinese Scholars in Science and Technology, a high-level official recruitment fair, has launched the 2018 Talents Make Future Overseas Innovation and Entrepreneurship Competition.

Registration for the event will last through Aug 31. The organizers said it is an innovative competition that aims to attract some 100 high-tech companies to develop their business in China this year.

Regional contests will be held in the US cities of Boston and Seattle, British capital London and Japan through November, to select 55 winners in the preliminary race for the final competition scheduled for December 2018.

Candidates include firms, individuals, patent owners or holders, initiators of projects with technologies that fit the key needs of economic and social development of Guangzhou.

Developers of core technologies that have full intellectual property rights without dispute can apply for a place in the competition, the organizers said.

The final winners will be offered opportunities to meet business partners and investors, field trips to incubator parks and roadshows, access to financial credit and project or policy support, and, most importantly, a startup fund of 2 million yuan (about $295,330).

The competition is the largest and most influential overseas talent exchange event in China, which is dedicated to providing a solid platform to attract overseas innovative professionals and promote entrepreneurship, and incubation and commercialization of technological achievements.

To date, 56 overseas companies have returned to China via the platform, according to the organizers.