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Doors Open to J/V Headhunting Agencies

Overseas and Chinese firms can now jointly set up job agencies in Beijing, marking the beginning of the city's conditional "open door" to overseas employment agencies, reported Xinhua News Agency.

A spokesman for the Personnel Bureau of Beijing Municipal Government said the city's provisional regulation on Sino-overseas Funded Employment Agencies, which took effect on July 20, indicated overseas "head hunters" could enter the job market, though conditionally.

The Beijing government regulation says that overseas firms cannot establish solely foreign-funded job agencies for the time being. A joint venture, it says, should have sufficient capital, a fixed location and facilities for running such a service. It also states that a joint-venture job agency must have at least five full-time qualified employees with professional training, and that the role of job agencies should embrace the collection, processing and publication of information on job-seeking and related consultations.

Yang Yonghe, director of Beijing Human Resources Market's managerial office, said a number of internationally known recruitment agencies had expressed interest in entering the market.