Beijing's several measures supporting innovation and entrepreneurship of returnees

To accelerate the construction of the Beijing International Science and Technology Innovation Center and a high-level talent hub, implement the Guidelines on Further Improving Services for Returned Overseas Talents, and support returned overseas talents in innovation and entrepreneurship to contribute to the capital's high-quality development and self-reliance in science and technology, the following measures are formulated.

1.Strengthening Development Platforms for Returnees. Pilot the establishment of "Internship and Training Bases for Overseas Talents," creating platforms for innovation and entrepreneurship matchmaking, providing internship opportunities, and ensuring support in residency permits, work permits, and training subsidies. Support the development of high-quality overseas talent startup incubators with dedicated funding and work permit quotas.

2.Enhancing Training and Support for Returnees. Increase funding support for high-level overseas returnees and startup initiatives, with a focus on emerging industries such as artificial intelligence, healthcare, and integrated circuits. Organize advanced training programs like the "Senior Entrepreneurship Training Program for Returned Overseas Talents" and "Growth Camp for Returned Talents," improving curriculum design, mentorship, and skills training.

3.Expanding Talent Recruitment Efforts. Prioritize residency permits for full-time returned overseas talents in Beijing who hold master's degrees or higher in STEM or medical fields from top-ranked global universities, have studied abroad for at least one year, and returned within the past three years. For key industries, university ranking requirements may be relaxed. Those with domestic PhDs who conducted postdoctoral research or academic visits abroad in STEM/medical fields for over a year and returned within three years are also eligible. Spouses and minor children may apply for concurrent residency.

4.Supporting Employment of Returnees. Integrate returnees into Beijing's employment promotion system, granting access to recruitment subsidies, skills training, internships, and entrepreneurship incentives. Establish a dedicated job-matching platform under the "Contact Beijing ? Global Innovation Service Network," regularly posting job openings and hosting recruitment fairs. Expand events like "Overseas Talent Beijing Tour" to facilitate career development.

5.Fostering Innovation Among Returnees. Select a group of high-level returnees annually for financial support. Encourage enterprises to recruit and cultivate overseas returnees through programs like the "Young Sci-Tech Leadership Training Initiative," offering combined funding and talent services.

6.Providing Entrepreneurship Support for Returnees. Annually select outstanding enterprises established by overseas returnees for financial grants. Encourage participation in events like the "HICOOL Global Entrepreneur Summit and Competition," with prize money and project development support for winners.

7.Strengthening Financing Services. Offer interest subsidies for qualified startups that obtain intellectual property (IP)-backed loans, covering a percentage of actual interest rates. Reimburse a portion of IP valuation, guarantee fees, and other financing costs. Support applications for startup guarantee loans, waiving collateral requirements for small loans.

8.Facilitating Career Development. Expand the Beijing International Professional Qualifications Recognition Directory to include more overseas certifications, aligning them with domestic professional titles and benefits.

9.Providing Innovation Spaces. Encourage postdoctoral research stations to recruit foreign returnees, recommending them for the "International Postdoctoral" program with funding support. Leverage startup hubs, incubators, and university tech parks to offer low-cost, high-quality workspaces with free desks and reduced management fees.

10.Improving Housing Support. Provide short-term free transitional housing for returnees in eligible districts. Offer rental/purchase subsidies, talent apartments or affordable housing to qualified individuals.

11.Streamlining Residency and Archival Services. Returnees without title seeded property in Beijing may register at district-level collective residency addresses. Personnel files can be stored at employers' or designated archives.

12.Optimizing Visa Convenience. Foreign returnees with valid visas may apply for multiple-entry permits for legitimate reasons.

13.Recognizing Outstanding Contributions. Include returnees in the "Capital Talent Awards," honoring those with significant contributions to Beijing's development.