Cities offer housing subsidy for talents - Chinadaily.com.cn: The city competition for talents in China heats up, as an increasing number of cities offer favorable housing policies to attract residents.
Ningbo in East China's Zhejiang province is one of the most recent entrants to join in. Last Sunday, the city published its latest policy interpretation for talent attraction.
Fresh undergraduates and postgraduates moving to Ningbo for employment are given a one-off living subsidy of 10,000 yuan ($1,490) and 30,000 yuan, respectively. The city also offers a 200,000 to 600,000 yuan home purchase subsidy and a maximum of 8 million yuan in household settlement subsidies for eligible high-end talents.