China hemorrhaging top talents

China is hemorrhaging top talents despite the nation now boasting the world’s largest team of human resources, xinhuanet.com reported on Monday.

China is losing the largest number of top talents in the world, and fails to retain an average of 87 percent of top talents in scientific and engineering fields because of growing international competition, according to the central personnel coordination office.

China has an edge in retaining top talents in physics, mathematics and computer science. Out of the world’s 1,907 most innovative talents, China retains the ninth-largest number of talents in physics and mathematics, and eighth-largest number of talents in computer science, according to the Chinese Academy of Sciences.

Statistics show that China had a human resources team of 120 million people at the end of 2010, and about 12.5 percent of the major labor force received higher education.