Hefty bonus to attract top talent

Jiading District will offer up to 5 million yuan (US$781,000) in bonus money to lure overseas talent to the area, according to authorities in the district.

This is so far the largest such bonus offered by a district to top foreign professionals.

Four Nobel Prize winners have established research projects in Jiading since 2015. Aaron Ciechanover, the Noble Prize winner in chemistry in 2004, has set up a cell therapy center in the district to look for affordable cancer treatment.

Apart from attracting foreign talent, Jiading has launched a five-year plan to cultivate 20 young talent and projects every year. People and projects that show potential will be awarded a 100,000 yuan bonus.

Jiading will step up communication with professionals in Kunshan and Taicang, in Jiangsu Province, to promote development of the Yangtze Delta area.