Talent is being highly sought after as Chinese cities seek further development, reports People's Daily.

In the latest move to secure talent, authorities in Shanghai have released a series of new policies to attract top overseas talent as the city strives to build itself into a global innovation center for science and technology.

More than 20 other Chinese cities, including Beijing, Hangzhou and Nanjing, have also released new policies to attract top talent.

Favorable policies include simplified procedures to get residency permits, rental discounts and house purchasing subsidies.

Innovative personnel in the field of science and technology are the main focus. Shanghai has been able to snap-up some 75,000 such high-quality Chinese professionals over the past two years. Beijing has listed science and technology as one of the seven fields which the city urgently needs to upgrade its talent base.

International talents are also being sought after amid the competition.

According to a CGTN report, new measures issued by Beijing's government will make it easier for overseas talent to obtain visas, work permits and long-term residential visas.

Measures to snap-up foreign talent in Hangzhou include favorable entry-exit policies, funding for startups, as well as direct employment and subsidies for foreign graduates.

Jiangsu's capital, Nanjing, is offering foreign graduates who want to start a business residency permits which will be valid for 2 to 5 years.

In this year's national government work report, Chinese Premier Li Keqiang stressed that the country will broaden its channels for foreign talent to come to China, while encouraging overseas Chinese students to return to start businesses.

Observers say the thirst for overseas talent reflects Chinese cities' desire to increase their global recognition.

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