Chinese city seeks young blood: how ageing Nanjing lures new talent

The next 15 megacities #12: The ancient capital of China is pulling out all the stops in a bid to defuse its ticking demographic timebomb

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Tan Jingquan is exactly the kind of person the ancient Chinese city of Nanjing wants to attract. The 38-year-old had been searching rival cities for possible sites for his biotech startup for years – until the Nanjing government finally made him an offer he couldn’t refuse.

“I visited and explored opportunities in nearly a dozen cities,” recalls Tan, a native of Wuhan in central China. “It turned out Nanjing has the best combination of policy incentives and market potential for small startups.”

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from World news | The Guardian http://bit.ly/2Rpqaem