China in bid to lure overseas experts

Chinese government published a new program to hire 1,000 overseas specialists, the central government will offer each 1 million yuan ($146,000) in subsidies.
If employed, they will also be able to enjoy fundamental social security policies including medical care and pensions.

The official said the general principles of the program were as follows:

An eligible candidate, regardless of his or her nationality, should be aged 55 or younger, should stay in China for six months or longer every year, have an academic title equivalent to professor, or currently work as a senior managing staff with a well-known international company or banking institution.

Candidates also include those who have developed technologies or patents and those who have set up their own businesses abroad and are familiar with international rules in a certain industry.

Please find articles below:
http://www.chinadaily.com.cn/bizchina/2009-03/20/content_7602641.htm


This may be good news from China technology development point of view, however this can be potential issue in export control technology transfer, from a point of view in country which offer human expert. If a person has sensitive technology regulated by export control regulation, the review will be required. Don't forget about it.