Vancouver, BC – November 23, 2011 – The Asia Pacific Foundation of Canada today signed a Memorandum of Understanding (MOU) with three China-based think tanks, the Chinese Academy of Personnel Science (CAPS), the Center for China & Globalization (CCG), and the China Society for Research on Exchanges and Development of International Professionals (CSREDIP), to formalize a collaborative research partnership on Canada-China human capital flows. The Canada-China Human Capital Dialogue was launched at the China-Canada Talent Flows and Development Cooperation Conference in Beijing, China.
“China and Canada share a long and important history of people-to-people ties, but we’ve yet to fully understand the trends and patterns of highly-skilled workers flowing between both countries,” said Mr. Yuen Pau Woo, President and CEO of the Asia Pacific Foundation of Canada. “As the global talent market becomes more competitive, this research provides an important step to understand the ways in which both countries can attract and share global talent.”
This two-year research project aims to better understand the key factors contributing to human capital exchange in both countries in the context of globalization, as well as develop and share policy recommendations to improve the management of human capital flows between both countries. The first phase of the project will focus on examining the state of human capital and emerging trends in Canada and China. The second phase of the project will focus on Canadian and Chinese industries driving the demand for highly-skilled workers, as well as the role of government, business and civil society in managing human exchange flows.
Emerging economies, such as China, are becoming important magnets of highly skilled workers and now attract a larger percentage of the international talent flow. The Chinese government recently initiated the Thousand Talents Program with the aim of attracting 2,000 overseas talents in the next five to ten years to create a highly-skilled national workforce by 2020. Already, the number of highly-skilled foreign workers, including many Canadians, working and living in China is growing. On the other hand, Canada’s economy and its international competitiveness relies on the country’s capacity for innovation and as developed countries no longer receive the biggest proportion of global highly skilled workers, it is encountering increased competitiveness to attract the world’s top talent.
About APF Canada
The Asia Pacific Foundation is an independent resource for Canadians on contemporary Asia and Canada-Asia relations. As a national not-for-profit organization established by an Act of the Federal Parliament in 1984, the Foundation brings together people and knowledge to provide the most current and comprehensive research, analysis and information on Asia and on Canada's transpacific relations. It promotes dialogue on economic, security, political and social issues, helping to inform public policy, the Canadian public and Canada’s Asia practitioners. The Foundation is funded principally through an endowment from the Government of Canada and by corporate and individual donors.
About the Chinese Academy of Personnel Science
CAPS is a public institution, under the Ministry of Human Resources and Social Security of the People’s Republic of China. It conducts research on human resource management and public administration.
About the Centre for China & Globalization
CCG is a think tank that aims to connect Chinese and international scholars, experts and business leaders to conduct research and give advice on China’s development.
About the China Society for Research on Exchanges and Development of International Professionals
CSREDIP, under the State Administration of Foreign Experts Affairs of China, is a national organization that is devoted to the research of theory and practice of human capital exchange and development.
For additional information, please contact:
Asia Pacific Foundation of Canada