A high-level industry-talent symposium between Linyi, Shandong province, and the Yangtze River Delta was held in Shanghai on Aug 18, inviting investors and professionals to share in Linyi's development opportunities.

The event detailed solid talent policies backed by clear figures. Top-tier teams may receive up to 100 million yuan ($14.83 million) in comprehensive funding. Provincial-level leading talents are eligible for up to 5 million yuan, while 50 municipal-level talents receive up to 500,000 yuan each per year.

Entrepreneurs can apply for loans of up to 300,000 yuan, with small businesses eligible for up to 4 million yuan, both subsidized with interest.

Enterprises also benefit. Firms hiring talents earning over 600,000 yuan annually receive up to 200,000 yuan in one-time subsidies. Ten "talent-leading enterprises" are rewarded with 100,000 yuan each. Off-site R&D centers may obtain up to 1 million yuan, while new national and provincial key laboratories receive 2 million and 1 million yuan, respectively.

Retention measures are equally attractive. Linyi offers 10,000 rent-free talent apartments for three years to bachelor's degree holders and above. First-time homebuyers receive subsidies of 300,000 yuan for PhDs, 100,000 yuan for master's, and 50,000 yuan for bachelor's holders.

Beyond talent, Linyi's "worry-free service" brand ensures an efficient business environment with streamlined online policy access and clear government-business guidelines. The city's annual private economy commendation also honors outstanding entrepreneurs.

These concrete measures reflect Linyi's genuine commitment: welcoming talent and enterprises with real resources for shared prosperity.

Linyi, Shandong province, hosts a high-level symposium in Shanghai on Aug 18 to boost regional cooperation, with major project signings and talent partnerships. [Photo provided to chinadaily.com.cn]