Several decades ago, the returning Chinese students from overseas studies were mostly out of patriotism to revive the homeland, now they are back for opportunities to fully develop their potential.
The reasons behind the backflow vary. But they all derive from one simple fact: an ever-stronger China, both economically and culturally, is becoming increasingly charming.
'Let's go back to China!'
“I took only 3 minutes to make my final decision,” said Zhang Ji, a Chinese returnee from Canada, while recalling the life-changing moment when he made up his mind to return to China to start up his own business.
Zhang returned to China in 2009, bringing back a world-leading heart valve implantation system.
After a 30-minute presentation, Zhang received an investment of 10 million yuan from domestic entrepreneurs, strong policy support of the local government as well as the green light from the authorities.
But opportunities always coexist with challenges. The road to success back in the homeland is not all rosy.
Dedicating himself to medical device innovation, research and development in China, Zhang found it hard to update his medical license in Canada in a timely manner, which means he has to give up his well-paid job there.
In Canada, he could earn in five days what he gets paid in China in a month. Some of Zhang's friends didn't understand why he chose to return to China, saying he made a “silly” choice. But Zhang thought otherwise.
“Yes, I quit an 'iron rice bowl' job, but I get an opportunity to fulfill my dreams, to start up my own business,” Zhang said.
Confident about the potential clinical and market value to be generated by his advanced technology, Zhang believes his business has a “boundless prospect.”
In contrast with Zhang's highly efficient “3-minute” decision-making, Li Peixiang took quite some time to make up his mind to go back to China.
After all, Li had already made his mark in Canada's biological material industry after over 20 years of endeavor. His ABM company has been identified by the Canadian government as one of the five most promising companies in Vancouver.
With a mindset of having a try, Li participated in the Nanjing “321 Talents Program” in late 2012. After being successfully recruited, Li soon received the investment and subsidies from the local government, and the expertise and insights in biological materials of many local officials and investors also impressed him much.
After making the first step, Li started to build a bigger ambition for the years to come. He set up another new company in Zhenjiang, a city in the eastern Jiangsu province.
“I hope the company's sales achievement could reach 100 million yuan and be listed on the stock market in five years,” Li said.
'I have to be grateful!'