Chinese K-Visa plans to raise fears of the flood of talent

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Under the new rules, young graduates – in the fields of science, technology, engineering, mathematics or STEM – He no longer needs support from a local employer It can enjoy more flexibility in terms of the frequency of entry and the duration of the residence.

The keynote “K-VISA”-as the new visa category in China-was called among the best searches on the social networking site Weibo for several days, before the gossip pushed it around traffic jams on the national day of the plans as millions of roads hit a week vacation.

Chinese social media users argue that the new visa tends the stadium towards foreign graduates at the expense of those who have been educated in China. Others in Weibo warned that without the care of the employer, the program can invite fraudulent requests and open the door to an increase in expatriates from developing countries, which accumulates on the already tense labor market.

“It is already difficult to check the local grades. Now the K-Visa will quickly create a cottage of agencies that help foreigners to secure entry,” one of the users, with the name of the handle “Momo has a new life,” wrote on the platform.

The reverse reaction pushed unusually sharply answer From the government media, this criticism was rejected as “misleading” and “narrow horizon.” Daily, the People of Tahrir, have argued that China still lacks high -level talents needed to sharpen the technological edge, and clean fears of excessive migration.

Hu XIJIN, chief editor -in -chief in Tabloid Global Times, described the reverse reaction “Correspondence problem”, adding that expatriates represent only 0.1 % to 0.2 % of China’s population, compared to 15 % in the United States

Beijing’s focus on flirting with foreign talents with Washington, which has recently provided visa restrictions, makes it difficult for professionals abroad to work in the United States in China who fails the United States in some major fields such as semiconductors and biotechnology, and they were eager to draw their foreign talents to help them.

China is expected to keep China that China from the K-Visa version “will be a” test “of Begin to manage the program amid strong general opposition.

The discussion comes at a time when the labor market in China is deteriorating, with the urban unemployment rate in August It has risen to its highest level since February.

The addition to the incompatibility between an abundant supply of educated workers and the lack of white collar openings is an ice collapse 12.2 million university graduates – A high standard – entering the labor market this year.

Official youth unemployment rate It rose in August to 18.9 %And the highest number since the new system entered the saving records in 2023, with the exception of students.

However, fears of expatriates overwhelming the local labor market seem to be the new policy, led by the state -backed capital, will target “higher talents” with a limited impact on the broader labor market.

While Beijing has No specific details were issued About who will be eligible for the program or whether they will be allowed to take an official work in the country, the gesture alone indicates that China has become more open to the world.

Meanwhile, the United States appears to be closing itself as President Trump imposed a $ 100,000 fee for H-1B visa applicants, making the most important American companies to bring skilled foreign workers.

The sectors associated with strategic competition with the United States – from semiconductors and clean energy to advanced manufacturing, artificial intelligence and biotechnology – most traction under the new China visa as it seeks to build its ecosystem of advanced technology.

“Winning more American engineers is essential, it is an opportunity for Beijing to display the superiority of its regime,” Wang said, adding that while India has a large group of engineers, political and cultural sensitivities can limit approvals.

An old biotechnology warrior who spent nearly 20 years in international pharmaceutical companies and now admitted a research center in Shanghai that K-Visa could attract more Chinese Americans to China, who faced the “bamboo ceiling” that still limits job progress in American companies.

Although indicating an increase in openness to global talents, policy is not a comprehensive liberation of the immigration policy in China. China has historically maintained strict immigration policies, and to restrict a tightly low -skilled workers with limited paths of permanent residence for foreigners.

China wants to use K-Visa to bring more talents, but the ultimate goal still depends on China’s ability to build future technology.

“Don’t make a mistake: this is a very calculated step by China, not an open invitation,” said Alfredo Montfafe Hilo, Managing Director of Green Point in Beijing. “The goal is not a collective employment (but) the strategic acquisition of exceptional individuals who can sharpen the competitive advantage of China.”

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Industrial profits have risen in China. The improved profitability came when Beijing intensified efforts to form excess supply and aggressive prices that affected the final result of companies. Economists believe that a Restructuring the symbolic issue of China He is already in movement and is likely to be a permanent subject in the fifty -five -year plan.

Improved manufacturing activity In September. China’s official scale showed manufacturing activity Small shrinkage than expected in September With Beijing intensifying its efforts to reduce the excessive industrial capacity amid slow domestic demand and global commercial turmoil.