Yangtze River Delta, where Taizhou is located, has more than 300 higher education institutes. It is one of the regions with the most concentrated talent resources. Zhejiang province is home to 108 higher education institutes, 3 national key labs open both at home and abroad, 3 key specialized labs and a group of national industry research centers.
By the end of 2016, there are 10,636 regular full-time college students, 34,205 enrolled college students and 32,146 enrolled students in adult colleges in Taizhou.
- Talent Attraction and Training
Taizhou has taken the lead in talent attraction and training. In recent years, the city has established policies, such as the Method to Carry Out Remuneration for High-Level Talents in Taizhou (on trial), Taizhou 30 New Talent Policies to attract and train high-level talents to further improve the system based on the market-oriented talent introduction mechanism. Taizhou has laid out detailed and considerate arrangement for high-level talents in respects of favorable personal income tax, health care, recuperation, training subsidy, living subsidy, house accumulation fund, housing subsidy, immigration and residence administration, customs clearance, social insurance and children’s education and so on.
- Schedule of national standard work days and legal holidays implemented in Taizhou
• Normal work time is from Monday to Friday with 40 hours’ work time in total.
• Overtime is not forbidden by law, but employer and employee must reach agreement.
• According to stipulations of The National Annual Leave and Memorial Days Regulation, there are 11 days of legal holiday in China including the Spring Festival (3 days, the end of January or the beginning of February), National Day (3 days, the 1st – 3rd of October), etc.
• Regulation on Paid Annual Leave of the Employees stipulates that employees should at least enjoy 5 days of paid leave every year and the number of paid leave days should increase with the increase of working years.
- Employment
Enterprises can employ through many channels, e.g. career center in Taizhou, administrative department in industry park and media advertisement.
• Taizhou has many career centers, where job hunters can register and their information will be stored in the data base.
• Administrative department in industry parks can also assist investors to hire.
• Besides assistance from career center and industrial park, foreign-invested enterprises can also employ through other channels such media advertisement.
• Foreign-invested enterprises can hire employees from any place. Foreigners need to obtain work permit and residence permit before they can work in Taizhou.
- Human cost
Taizhou enjoys human cost advantage compared with other major cities in China. As disclosed by 2016, the average annual income of employees on the payroll in Taizhou is RMB 50,652, which shows that Taizhou’s distinct human cost advantage compared with other major cities in Yangtze River Delta.
