New favorable policy for talents in Nansha

Guangzhou’s Nansha district rolled out eight measures helping qualified personnel resume work on March 17 in response to the COVID-19 epidemic.

The measures aim to further introduce and stabilize basic education talents as well as professional, technical and high-skilled talents to stimulate the district’s vitality of innovation and entrepreneurship.

Compared with the situation in 2017, the district stepped up efforts to provide preferential housing.

The new provisions include reducing the ceiling for talented apartment rents from 70 to 50 percent of the commercial housing market standard, raising the incentive standard from 3,000 yuan ($422.83) and 5,000 yuan to 10,000 yuan and 20,000 yuan and rewarding 10,000 yuan to senior technicians and 20,000 yuan to technicians to optimize the talent structure in the district.

The policy will also benefit more people as the age limit for newly introduced talents was relaxed by five years. 

Bachelors under the age of 35 and with assistant or senior technician titles will enjoy a 20,000 yuan prize, masters under 40 years old and with intermediate or technicians titles will be given 40,000 yuan and doctors under 45 years old and with associate seniors and above titles will receive 60,000 yuan.

Payment of the rewards is expected to be greatly accelerated and issued in advance of the talents’ beginning work.

The district will also provide direct support for scientific and technological emergency projects, lower the time limit for continuous payment of social security or individual taxes from one year to three months and cancel the working time limit for talents to purchase joint property residences. What’s more, external social system reviews are also admissible to identifying senior titles.

In addition, the newly-settled talents will enjoy higher quality services.

Nansha will support commercial banks in launching talent-only financial services, rely on various platforms for free customization of recruitment programs for talent companies, optimize talent business processing procedures and set up special service channels and flow paths.

Notably, qualified personnel can enjoy the measures with other preferential national, provincial and municipal policies.