{"id":3148,"date":"2020-12-30T14:08:39","date_gmt":"2020-12-30T06:08:39","guid":{"rendered":"https:\/\/www.hiredchina.com\/articles\/Working-In-Beijing"},"modified":"2024-07-27T13:00:58","modified_gmt":"2024-07-27T05:00:58","slug":"working-in-beijing","status":"publish","type":"post","link":"https:\/\/www.hiredchina.com\/articles\/working-in-beijing\/","title":{"rendered":"Working In Beijing"},"content":{"rendered":"

Taking up employment in Beijing means working in China\u2019s major post-industrial city. Nowadays, less than a third of the labor force working in Beijing<\/strong><\/a> is employed in industry, let alone agriculture. Over 73% of Beijing\u2019s considerable annual GDP (gross domestic product) comes from work in the tertiary sector. The industrial activity in China\u2019s capital is mainly limited to Beijing\u2019s future growth industries.<\/p>\n

\"working<\/p>\n

Scientific and Technological Research and Development for working in beijing<\/a><\/h2>\n

The Beijing Economic and Technological Development Area (BDA) is located in suburban Yizhuang. It attracts enterprises from the fields of materials engineering, mechanical and electronic products, and pharmaceuticals, such as the global healthcare corporation Sanofi-Aventis.<\/p>\n

A lot of IT whizzes work in Beijing\u2019s \u201cSilicon Valley\u201d, i.e. in Zh\u014dnggu\u0101nc\u016bn Science Park in the university district of Haidian. If you are interested in working in Beijing<\/strong>\u2019s branch of a high-tech or ICT company such as Google, Intel, or Microsoft, you are likely to end up in a Zh\u014dnggu\u0101nc\u016bn office, too.<\/p>\n

Officially founded in 1988 \u2013 though it existed unofficially as \u201cElectronics Avenue\u201d beforehand \u2013 and administrated by the Beijing Municipal Government, Zh\u014dnggu\u0101nc\u016bn Science Park is the biggest and most successful of China\u2019s around 100 science parks, of which 52 are national, i.e. recognized by the central government. It is not only interesting for people from the IT industry, but also for anyone focusing on intellectual property rights, venture capital, and start-up businesses.<\/p>\n

An increasing number of highly qualified employees working in Beijing<\/strong>\u2019s \u201cSilicon Valley\u201d, especially in the area of research and development, are supposed to boost China\u2019s competitiveness in patent affairs. Despite the many scientists in China\u2019s university cities, only an annual 10-11 successful patent applications were filed per 10,000 Chinese researchers in 2000. This was a low outcome in comparison with countries like Germany, Japan, and the US.<\/p>\n

However, since 2006, successful international patent applications from Chinese patent holders have been soaring in all areas of science, technology, and industry. This shows that the efforts of researchers working in Beijing<\/strong> and other science parks are bearing fruit. In 2011, Chinese R&D funding surpassed Japan\u2019s; in 2018, it is expected to spend more on R&D than Europe; and, in 2022, more than the USA. Patent applications have tripled in the last five years, and a greater proportion of world scientific literature is originating in China.<\/p>\n

All of these advances, combined with consistent growth and the expansion of infrastructure seem to indicate that China really has arrived on the world stage of innovation, and people working in Beijing<\/strong> are at the forefront.<\/p>\n

City of Finance<\/strong><\/p>\n

The combination of growing scientific and technological innovation and the financial importance of the capital create a good atmosphere for Chinese entrepreneurship and foreign investment. Finance is one of the most important employers for everyone working in Beijing<\/strong>\u2019s tertiary sector. Real estate, though, has lost some of its former significance since the biggest construction boom seems to be over for now. In fact, in 2014, the real estate industry in China has been undergoing a slump and correction of prices: From May to June alone, prices dropped 0.5% across the market<\/a>. In Beijing, the volume of new home purchases has dropped from the same time last year by almost 50%.<\/p>\n

Although the Chinese stock exchange is located in Shanghai and Shenzhen<\/a> rather than Beijing, Beijing Financial Street is nonetheless referred to as China\u2019s \u201cWall Street\u201d. It hosts the nation\u2019s three most important regulatory and supervisory institutions, the biggest Chinese commercial banks, as well as hundreds of domestic and foreign financial institutions<\/a>, such as Goldman Sachs and JP Morgan. No wonder that the city is home to 52 Fortune Global 500 companies, which employ a great number of people working in Beijing.<\/p>\n

\"working<\/p>\n

<\/span>Employment in Beijing<\/strong><\/span><\/h2>\n

Foreigners working in Beijing, whether for a Chinese company or any of the global companies in the city, need to prove they are foreign experts. With this system, China is attempting to attract the most qualified foreign talent and expats from all around the world to contribute to its development and international presence.<\/p>\n

Many a global company doing business in China has found a new home in Beijing, which is good for expats seeking employment, but the bureaucracy is still there. So, those who have found a job or are looking to work in Beijing must still get a visa and work permit for China.<\/p>\n","protected":false},"excerpt":{"rendered":"Taking up employment in Beijing means working in China\u2019s major post-industrial city. Nowadays, less than a third of the labor force working in Beijing is employed in industry, let alone …","protected":false},"author":1,"featured_media":13374,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[41,21,33],"tags":[866,60,306,29,1209,230],"class_list":["post-3148","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-china-jobs","category-hot-jobs","category-part-time-job","tag-beijing","tag-china","tag-hiredchina","tag-jobs","tag-market","tag-shenzhen"],"_links":{"self":[{"href":"https:\/\/www.hiredchina.com\/articles\/wp-json\/wp\/v2\/posts\/3148","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.hiredchina.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hiredchina.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hiredchina.com\/articles\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hiredchina.com\/articles\/wp-json\/wp\/v2\/comments?post=3148"}],"version-history":[{"count":1,"href":"https:\/\/www.hiredchina.com\/articles\/wp-json\/wp\/v2\/posts\/3148\/revisions"}],"predecessor-version":[{"id":13375,"href":"https:\/\/www.hiredchina.com\/articles\/wp-json\/wp\/v2\/posts\/3148\/revisions\/13375"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.hiredchina.com\/articles\/wp-json\/wp\/v2\/media\/13374"}],"wp:attachment":[{"href":"https:\/\/www.hiredchina.com\/articles\/wp-json\/wp\/v2\/media?parent=3148"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hiredchina.com\/articles\/wp-json\/wp\/v2\/categories?post=3148"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hiredchina.com\/articles\/wp-json\/wp\/v2\/tags?post=3148"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}