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BEIJING, June 21 (Xinhua) -- Chen Ning was pleasantly surprised when it took just four hours for his business license to be approved by Shenzhen city government in south China. In the past, the process could last months.
"I was astonished," said Chen, who graduated from Georgia Institute of Technology, the United States, with a PhD in engineering, decided to return to China two years ago to start a human intelligence device company.
A year later, his firm released a human face recognition system, which cut the time it took to identify a person from a facial database from several weeks to a few seconds.
Recently, the police used the system to identify a suspect from a video clip, it took just five seconds. The system will be used at this year's G20 summit in Hangzhou, China.
Chen is one of millions of Chinese overseas graduates who aspire to bring their knowledge and intelligence back home.
The central government has been promoting entrepreneurship and innovation as a key driver of the nation's economic transition.
This drive is called "shuangchuang," a national plan to boost innovative activities as a way to ride out the major economic transition and maintain sustained growth.
The government has made market entry easier, cut red tape and rolled out tax breaks for startups. Overseas returnees, as well as college students and migrant workers, are emerging as major forces in entrepreneurship.
Data released by the Ministry of Human Resources and Social Security showed the number of overseas returnees in 2015 was 12.1 percent from that recorded in 2014.
LinkedIn observed in its latest survey that in the past five years, more and more overseas Chinese graduates had returned to China, with more than half from the United States and Britain.
The survey also showed that returnees were encouraged by the good momentum of Chinese economy and the country's talent policy.
China at present has 321 industrial parks, housing 24,000 enterprises, where returned overseas students can start their own businesses. Last year, returnees participated in 19,000 research and development projects.
"The wave is likely to continue in the coming years as there is still ample room for improvement," said Zhou Shiping, an official with the State Administration for Industry and Commerce.
He explained that there were 16 companies for every 1,000 people in China, much lower than 44 in Germany, 43 in Japan and 26 in the United States.
Tang Tao, vice minister of the Ministry of Human Resources and Social Security, said earlier this year that the government will improve measures to persuade Chinese students to return home, including better public services and projects such as the "Thousand Talents" recruitment program for global experts launched in 2008.
