Dec. 27, 2011 (China Knowledge) - Beijing Economic-Technological Development Area (BDA), a triple A-rated industrial park in China among eleven in this highest ranked category, recently received approval from Organization Department of the Communist Party of China Central Committee to build a national innovation and entrepreneurship base catering to overseas talents.

The 'innovation and entrepreneurship base for overseas talents" program, one of the major platforms of the "The 1,000th Plans", is to be set up by qualified enterprises administered by the central government, colleges and universities, scientific research institutions, and national-level hi-tech development areas. Under the program, dozens of such innovation and entrepreneurship bases are expected to establish across the country within five years.

Over the past years, BDA attached great importance to talents it placed priority on the introduction and cultivation of overseas high-level talents to promote the development of its high-end industries. To accelerate the gathering of overseas high-level talents, the area released more than 20 favorable policies and established a comprehensive talent development system and a multi-level talent service system. The development area has already set up more than ten post-doctoral workstations and four business incubators for returned students.

With excellent environment for innovation and business startup and its drive for innovation, BDA has attracted a workforce of over 200,000, including students from the Chinese Academy of Sciences and Chinese Academy of Engineering, numerous experts and scholars from both local and abroad. Of the total, more than 300 have senior professional titles and nearly 100,000 have college education.

The development area has seen a steady growth of overseas high-level talents and recognized 168 universities' talents, of which 27 have been listed in the "The 1,000 Plans", 37 selected from the Beijing's overseas talent cluster project and 10 had obtained financial assistance from the municipal government to venture into businesses.