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        Chinese science and technology talent battle is in full swing


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Tens of thousands of people are employed to strengthen cybersecurity, help review the content on the Web, and try to make China a leader in artificial intelligence (AI) applications.

"There's plenty of money in the business and thirst for talent," said Thomas Liang, a former chief executive of Baidu (BIDU.O) and a fund chiefly based in the AI sector. He added that start-ups in hot areas such as AI are hiring horns from forming companies, often giving them a 50-100% pay rise.

China has become a global technology hub, with companies such as Alibaba and Tencent now totaling more than $ 1 trillion in market capitalization, creating a hiring boom and rising payroll, starting to bring top talent salaries to Silicon Valley ) Out of the salary is almost the same.

Although it should be fun for the Chinese government as it seeks to create high-paying jobs and boost its position in the value chain, China's income inequality will also deepen as wages for jobs in non-technology sectors fall behind and technology Field recruitment and revenue growth are often concentrated in big cities such as Beijing and Shenzhen.

Technology is indeed a major driver of China's economic growth. According to data from China's National Bureau of Statistics, the output of IT and software industries in the fourth quarter of this year rose 33.8% over the same period of last year, up from 29% in the third quarter.

According to 100offer.com, a technology recruitment website, the annual salary of top school graduates who work in the field of AI in China is as high as RMB 300,000-600,000 (US $ 47,066-94,132); the annual salary of a team manager with three to five years' experience Can exceed 1.5 million yuan (235,331 dollars). Many of these jobs are in Beijing or Shenzhen.

Liang estimates that the industry's salary level has basically doubled since 2014.

In contrast, according to job search site Indeed.com, San Francisco's AI researchers earn an average of $ 112,659 a year, while machine learning engineers earn an average of $ 150,815 a year.


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