China’s talent-strapped multinationals cast their line internationally to reel back overseas Chinese

“This is a big target for the agencies to look at,” Li said.

Economic development in China has outpaced growth of the educational system while turnover trends high, together causing a talent void. Hong Kong, Taiwan, Singapore and other parts of Asia are also coming up short of local talent, mostly due to ageing populations.

Chinese companies are searching for top talent in generative artificial intelligence (AI) as the country now lacks such workers compared with the United States during a race to develop ChatGPT-style services.

In smart manufacturing, job listings rose by about 54 per cent last year over 2021 on the Chinese recruitment platform Zhaopin.com. It says software engineering, electronics and automation experienced some of the worst shortages.

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