BEIJING - A committee has been launched to offer various forms of business start-up assistance to turn qualified Chinese scientists returning from overseas into entrepreneurs.
The committee was led jointly by China's Ministry of Human Resources and Social Security and the Beijing-based Western Returned Scholars Association, according to a notice sent to Xinhua Monday.
The notice specified that eligible candidates include those who had been selected for previous key programs and those with the recommendations of local authorities or business incubators.
The program will offer training, consultation and guidance in starting businesses as well as in-depth cooperation and promotion for existing corporations, it added.
The notice also names the first 25 CEOs and professionals to join the committee's panel.
Previous official statistics show that about 1.9 million Chinese studied overseas from 1978 to 2010 and, as of last year, 33 percent of them had returned to China.
The Chinese government has launched several major global expert recruitment programs since 2008, offering favorable policies and incentives including taxation, housing and research projects as well as government awards.
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