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Encouragement of Talent Attraction and Retention in Zibo: The 50 Talent Policies

1Financial Support for Talents Coming to and Staying in Zibo

· Doctoral Graduates: Up to RMB 610,000 including a monthly allowance of RMB 4,000 for 5 years plus a one-time housing purchase subsidy of RMB 300,000.

· Master’s Graduates: Up to RMB 310,000 including a monthly allowance of RMB 2,000 for 5 years plus a one-time housing purchase subsidy of RMB 120,000.

· Bachelor’s Graduates: Up to RMB 210,000 including a monthly allowance of RMB 1,000 for 5 years plus a one-time housing purchase subsidy of RMB 80,000.

2Accelerating the Reserve of Master's and Doctoral Talents

· New doctoral graduates working full-time in enterprises, institutions, individual businesses, or new agricultural business entities in our city receive a monthly living allowance of RMB 4,000 for 5 years, plus a one-time housing purchase subsidy of RMB 300,000. For master’s graduates within five years of graduation, a monthly allowance of RMB 2,000 for 5 years plus a one-time housing purchase subsidy of RMB 120,000 is provided. Additionally, purchasing newly built commercial properties in designated areas qualifies for an extra RMB 10,000 subsidy.

3Action Plan for Gathering 200,000 College Students

· Newly introduced bachelor’s graduates within five years of graduation working full-time in enterprises, individual businesses, or new agricultural business entities receive a monthly allowance of RMB 1,000 for 5 years, plus a one-time housing purchase subsidy of RMB 80,000. Graduates from “Strong” industries with B+ disciplines receive an additional monthly allowance of RMB 1,000.

4Talent Housing Project

· Affordable ownership and rental talent apartments are being developed at 25% below market price for newly introduced undergraduate and higher-level talents in enterprises and institutions. Annual construction targets 10,000 units of talent apartments. High-level talents enjoy twice the upper limit of housing fund loan amount when purchasing their first home in the city.

5Attracting University Students from Outside Cities to Experience Zibo

· "Zibo University Student Card" e-passes are issued to university students nationwide, providing free access to some tourist attractions and public transportation. Non-local university students can enjoy discounted stays at youth hostels up to four times a year, each stay lasting up to five days. Participants in internship programs receive a daily living allowance of RMB 50 and a travel subsidy of RMB 500 for non-Zibo residents.

6Encouraging Family-Based Talent Introduction

· Families of Zibo-native graduates who return to work full-time or start businesses in Zibo within five years of graduation receive a reward of RMB 10,000.

7College Student Entrepreneurship Support

· Zibo Entrepreneurship Competition selects around 30 college student entrepreneurship enterprises and 10 projects, offering up to RMB 200,000 in funding support. Finalists receive RMB 10,000 in financial support. Three-year rent subsidies for workspace usage in entrepreneurial carriers are provided, along with 30 square meters of office space for teams of five or more members.

8Financial Support for Talent Entrepreneurship

· Eligible college students applying for entrepreneurial guarantee loans can receive up to RMB 300,000, fully subsidized for the first application and half-subsidized for subsequent applications. Enterprises founded by college students or skilled professionals can apply for loans up to RMB 3 million, with interest subsidies covering the difference between the loan rate and 1.5 percentage points below the market rate.