China Relaxes Work Rules for Foreign Students

China relaxes work rules for foreign students by racing ahead foreign students graduating from Chinese universities with a bachelor’s degree or above who aim to bring entrepreneurial skills to the city will get a two-year residence permit as well.BEIJING: Easing rules for foreign students to attract global talent, Chinese financial hub Shanghai  has approved the first work permit for an international student who has just graduated – doing away with mandatory two year experience.The new policy do away with the requirement of at least two years of work experience for foreign students who graduate from Shanghai universities with a master’s degree or above and seek a job in the Shanghai Pilot Free Trade Zone or the Zhangjiang National Innovation Demonstration Zone. This is a direct contrast to the archaic and mean-spirited rules now set forth in the UK which eliminate the opportunity for foreign students to work after graduating – they must now leave the country immediately.“Through my intern experience, in which I learned business practices in this international financial centre and the diligence and wisdom of the locals, I found that getting a job here would be a win-win option,” said Albert Saputra, 26, from Indonesia, who will receive his two-year permit.As China’s most cosmopolitan city and a magnet for domestic and international talent, Shanghai released a new talent policy on June 29.Foreign students graduating from Chinese universities with a bachelor’s degree or above who aim to bring entrepreneurial skills to the city will get a two-year residence permit as well, according to the new policy, state-run China Daily reported on Sunday.Saputra received a master’s degree in marketing from Shanghai Jiao Tong University.Click here to view the original web page at timesofindia.indiatimes.com