Culture change needed to counter brain drain

By Cong Cao. The threat of a ‘brain drain’ has long lingered over China's ambitions to transform its economy from one reliant on low-cost manufacturing to one powered by home-grown innovation. Alert to the danger, Beijing has acted swiftly to counter the departure of its scientific and entrepreneurial talent overseas. Back in 2008, the Chinese Communist Party turned headhunter when it launched its ‘Thousand Talents’ scheme to tempt the brightest and best Chinese back to their homeland after periods studying and working abroad. Read more...