China's scientific and technological personnel battle wage level catch up with the United States in Silicon Valley

in #utopian-io7 years ago

The media reported January 28 British media said China has become a global science and technology center, China's Internet giant now total market value of more than trillion US dollars, the top salaries and technical personnel in Silicon Valley out of salary almost the same.
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According to Reuters, January 25, Thomas Liang, who currently trades a block of AI-focused funds, said: "There is plenty of money in the business and there is only a thirst for talent." He added that startups in such hot areas as AI Companies from the molding enterprises to dig, often give a raise of 50% -100% of the conditions.

Reported that China has become a global technology center, China's Internet giants now total market value of more than trillion US dollars, which created a hiring boom and salary growth, began to make the top salary and Silicon Valley out of salary almost the same.

Reported that science and technology is a major driver of economic growth in China. Statistics from China's National Bureau of Statistics show that in the fourth quarter of 2014, the output of IT and software industries in China rose by 33.8% over the same period of last year, up from 29% in the third quarter.

According to the website of a technology industry recruitment website, the annual salary of top school graduates who work in China's AI field can amount to 300,000-600,000 yuan. The annual salary of a team leader who has three to five years' experience can exceed 1.5 million yuan. Many of these jobs are in Beijing or Shenzhen.

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

Reported that for some Chinese software engineers in the United States, the return to become more attractive. Chinese technology companies said they are aggressively recruiting Chinese students from American universities, and many have set up offices in Silicon Valley to attract top talent.

AI industry job opportunities surge, prompting some Chinese engineers to learn additional charging.

Song, 26, an AI engineer, said: "My salary doubled after I switched to the AI ​​industry." He spent his free time studying AI courses and currently earns about $ 55,000 (about 350,000 yuan) a year.

George, another 26-year-old AI engineer, earns about $ 60,000 (380,000 yuan) a year, but George said he might quit if better conditions emerge.

Reported that the funds are still rolling away. According to Prechin, venture capital (VC) in Greater China last year exceeded US $ 65 billion (US $ 415.3 billion) in venture capital, up 35% from the previous year and hit historically high levels, second only to North America's 770 Billion U.S. dollars (about 492 billion yuan).

Reported that China will promote the integration of the Internet, big data and artificial intelligence and the traditional economy. Special emphasis was given to areas such as information technology, robotics and energy-saving vehicles, demonstrating the government's efforts to actively promote China's economic value chain.

Reported that this round of technology boom has spread to inland cities, Apple and Qualcomm and other US technology giants have also invested heavily in Guizhou Province in the southwest.

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