Mainland China’s tech sector is strengthening its ability to attract top talent from other countries, as well as a larger proportion of research and product development investment, according to recruiting experts Hays.
“IT business commentators claim investment levels in areas such as artificial intelligence in mainland China are now eclipsing other parts of the world,” says Simon Lance, Managing Director for Hays Greater China.
“We are seeing significant government and private investment in AI across natural language processing, computer vision, speech recognition and data science,” says Simon.
“As a result, employers in the artificial intelligence space are becoming particularly competitive in their efforts to attract top talent,” he says.
“We are starting to see those on the cutting edge of research as well as established leaders in their field moving to mainland China from the US and Europe - although the flow of talent is still in the early stages.”
“However, as mainland China wants to be a world leader in AI, the bar is being set very high when it comers to candidate selection so not surprisingly, we are seeing a shortage of talent right now,” he says.
“AI is only one of the many rapidly developing IT sectors in mainland China. Other areas where we are highly engaged in helping employers find the right candidates include gaming and mobile development including apps. These employers are hungry for talent that are not only technically proficient, but who have well developed soft skills too.”
An overview of what is occurring in the IT industry can be viewed below:
“AI employers in mainland China are increasingly able to lure top talent from both the US and Europe to work here. In some cases, mainland Chinese expats are being offered salary increases of up to 50 per cent to take up positions in mainland China.”
“AI candidates here and from overseas are receiving multiple offers and are negotiating for equity and more competitive bonuses too.”
“Candidates in AI are expected to have a very strong technical background gained working at a world-leading organisation, as well as top academic credentials including having material published in recognised journals, plus holding computer language expertise such as Java, C/C++, C# and or Python.”
“Mainland China’s gaming industry is on track to hit 600 million players this year driving demand for talent across a range of roles with developers top of the list.”
“Product and operation roles are very hot right now but experience is king. Those with a track record in a particular area such as gaming or mobile development are strongly preferred.”
“Successful product and operation candidates must possess excellent business skills including market business insights; strong problem-solving skills and a proven track record of using experiments and testing to find solutions and develop products.”
“High-level communication skills and the ability to multi-task and balance priorities effectively are also a must to secure a role in today’s IT sector.”
Hays, the world’s leading recruiting experts in qualified, professional and skilled people.
Hays plc (the "Group") is a leading global professional recruiting group. The Group is the expert at recruiting qualified, professional and skilled people worldwide, being the market leader in the UK and Asia Pacific and one of the market leaders in Continental Europe and Latin America. The Group operates across the private and public sectors, dealing in permanent positions, contract roles and temporary assignments. As at 31 December 2016 the Group employed 9,600 staff operating from 251 offices in 33 countries across 20 specialisms. For the year ended 30 June 2016:
– the Group reported net fees of £810.3 million and operating profit (pre-exceptional items) of £181 million;
– the Group placed around 67,000 candidates into permanent jobs and around 220,000 people into temporary assignments;
– 22% of Group net fees were generated in Asia Pacific, 45% in Continental Europe & RoW (CERoW) and 33% in the United Kingdom & Ireland;
– the temporary placement business represented 58% of net fees and the permanent placement business represented 42% of net fees;
– Hays operates in the following countries: Australia, Austria, Belgium, Brazil, Canada, Colombia, Chile, China, the Czech Republic, Denmark, France, Germany, Hong Kong, Hungary, India, Ireland, Italy, Japan, Luxembourg, Malaysia, Mexico, the Netherlands, New Zealand, Poland, Portugal, Russia, Singapore, Spain, Sweden, Switzerland, UAE, the UK and the USA