Transcript Job Hunting in China

Job Hunting in China
2010
INTERNATIONALISATION TASK GROUP
Today:
 Some Hot Sectors
 Where to work
 Types of employers
 How to find jobs
 Marketing yourself
 Top tips from Alumni
 Useful resources
What do you think are the growth sectors in
China?
Hot Sectors: FMCG
 Fast Moving Consumer Goods
 7TH largest consumer market in the
World
 45% of top retailers are
hypermarket or supermarkets.
 Dramatic increase in WhollyForeign-Owned retail companies
 Companies expanding into 2nd or
3rd tier urban and semi-rural areas.
 Tesco: China specific graduate
training scheme
Hot Sectors: IT Software
 Sector exports risen by 740% since
2001
 China’s software outsourcing companies
raised US$1.4bn in revenue in 2007 –
40% higher than previous year.
 Four million jobs are expected to be
generated in China by the IT services
outsourcing industry by 2015.
 Benefit from increased costs of software
development in India.
 However – increase in skilled workers
raises competition for jobs.
Hot Sectors: Environment
 There are significant opportunities in China for exporting and/or direct
investment in waste management, water and wastewater treatment, as
well as in low carbon energy generation capacity and renewable energy.
 China has become a global leader in renewable energy – both in terms
of investment and industry development. Investment in new renewables
capacity (excluding large hydropower) exceeded US$12 billion in 2007,
most of which was for wind, small hydro and solar hot water projects.
 Carbon finance is a key opportunity as China is the biggest player in the
world in Clean Development Mechanisms (CDMs), generating the
largest volume of carbon credits (CERs).
Source: Market opportunities in environmental goods and services, renewable energy, carbon
finance and CATs Country report: China October 2008
Graduate Entrepreneurship
 A range of schemes available from the Government to
encourage entrepreneurship.
 Schemes available in a number of regional cities
 Support services include:
Shanghai Overseas Talent Centre
Know about Business
China Britain Business Council
Considerations for Employment
 Major established centres (Shanghai, Beijing &
Guangzhou ) vs. growing cities (Shenzen, Dalian &
Chengdu)
 Differences in requirement of state, private and
multinational employers.
 Residency Permits
 Cost of living / salaries
Beijing
 Political & cultural capital
 16.8 billion direct investment and post Olympics 1.82
million new jobs
 The government predicts GDP will grow 9% until 2010
 Known for IT & Telecommunications: Motorola, Nokia,
Microsoft, Cisco & SAP headquarters
 18 Foreign Bank branches and home to China’s central
bank – The People’s Bank of China
Shanghai
 Commercial & financial centre of China
 Barclays, PWC, Nomura, McKinsey and KPMG all have
headquarters in Shanghai
 Key port of entry for MNCs to gain foothold in China –
Shanghai Expo 2010
 2006 Shanghai attracted $7 billion of foreign investment
 Shanghai has recorded a double-digit growth for 15
consecutive years since 1992. In 2008, Shanghai's
nominal GDP posted a 9.7% growth to 1.37 trillion yuan.
Guangzhou
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Benefited from proximity to Hong Kong
First to open economy to foreign investment
Export-focused manufacturing accounts for 74% of GDP
Since 2002 growth in SMEs
Key industries: IT, telecommunications, pharmaceuticals,
electronics, FMCGs and petrochemical
Growing Cities
 Government incentives ‘Go West’
 Preferential tax policies has opened up foreign
investment in Western China
Chengdu: Alcatel, Coca-Cola, Intel & Toyota
Dalian: Accenture, GE & Panasonic
Tianjin: Hyundai, Samsung & Yamaha
Nanjing: Ericsson, Fiat & Toshiba
Chingqing: Ford, Honda & Metro
Hangzhou: Bayer, IBM & Danone Electrolux
 Less competitive and lower cost of living
Employer Requirements
Privately owned companies
State companies
Attitude
Values
Job related degree
Paid Experience
Guanxi
Job related skills
MNCS
Transferable skills
Qualifications
English Language
Work experience
UK Experience
Foreign culture
Recruitment concerns of companies
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No idea about British universities or degrees
Job hopping
Chinese graduates not working in teams
English language skills lacking
Unrealistic expectation of salary
Reverse culture shock e.g. Hierarchical organisations
Where to find jobs
 International JobOnline
 China Job websites e.g.
www.careers.lon.ac.uk/ijo
www.51job.com
www.chinahr.com
www.zhaopin.com
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 UK companies in China
 Multinational companies online
 China specific recruitment schemes e.g. PWC, KPMG, ICI
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Trade press in UK
Local newspapers in China
UK Careers Fairs
Government agencies in China
Sector specific websites
Activity to Maintain Network
Cindy Liu is an economics master’s student considering a
career in banking. She has three month’s internship
experience with Bank of China. She went to university in
Shanghai for her undergraduate degree and was active
in her students’ union where she raised funds for several
events. She also used the Careers Service and became
an alumnus when she left.
How would you advise Cindy to maintain and
develop her contacts to ensure she achieves her
career goal?
Networking tools
In China
 Join UG university alumni
association
 Keep in touch through
friends, family, tutors etc
 Social networking and
information e.g. BBS
 Use vacations to network
In the UK
 Join British Council
Alumni Network
 Chinese alumni from
current university
 Business online
networking e.g. LinkedIn
 Join CSSA and university
societies
Advice from Alumni
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Indicate university rank
Realistic expectations (first job, salary and location)
Gain relevant experience (China & UK)
Taylor your CV and handwrite in Characters where
appropriate
Excellent English language skills
International outlook, awareness and acceptance of foreign
culture
Commercial awareness
Gain work experience
Team-working spirit
Maintain network