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Anhui: Leveraging funds to support talent development

Pub Date:2023-08-07 15:33 Source:english.anhuinews.com

In recent years, the Anhui Provincial Department of Finance has increased its financial investment and provided full support for the construction of talent centers and innovation hubs. The investment in talent has shown a continuous growth trend. In 2022, the financial investment in talent funds in the whole province increased by 38.7% compared to the previous year, with a 76.4% increase at the provincial level. As of the present time in 2023, the financial investment in talent funds in the province has increased by 25% compared to the previous year.

The Anhui Provincial Department of Finance has focused on "highly skilled and scarce" talents and try to attract and make good use of them. They have conducted in-depth research on employment units such as Chery Automobile, NIO, and the Advanced Technology Research Institute of USTC. This has resulted in a series of achievements, including the research on "Optimizing the Mechanism for Talent Investment Guarantee" and the topic report on "Precisely Applying Policy Tools to Incentivize Talent in Serving the Real Economy." These efforts have contributed to the optimization and improvement of talent policies.

Relevant policies have been continuously improved. Benchmarking against Shanghai, Jiangsu, and Zhejiang, as well as the Greater Bay Area, the province has developed the Talent Policy 4.0 (The Project of Revitalizing Anhui through Talents), which comprehensively upgrades the existing talent policies, including many breakthrough and pioneering measures. For example,  the comprehensive upgrade of the existing post-doctoral policy standards, and the provision of one-time settlement subsidies to highly skilled and scarce talents who meet the criteria. These measures have promoted the high-quality development of talent work in the province.

Furthermore, the Anhui Provincial Department of Finance has refined and implemented responsibilities. Based on the content of the Talent Policy 4.0 related to financial matters, they have studied and formulated the division of responsibilities, clarifying the main responsibilities and implementing key talent work. They have improved the tracking, evaluation, and accountability mechanisms for the use of talent funds. They have also organized timely evaluations of the performance of talent development funds and strengthened the application of evaluation results.

Reported by Zhu Zhuo

Translated by Zheng Chen

Editor:Zheng Chen

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