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Beijing plays residency card in bid to fulfil its cyber-city ambitions

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Beijing, the spider at the centre of the mainland's bureaucratic web, wants to be a cyber city, too.

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Computer prodigies and fast-talking Nasdaq-smart venture capitalists and their money are being lured with Beijing residency cards.

For most of the past 50 years, Beijing's leaders were busy drawing up campaigns to exile western-educated intellectuals to labour camps and send 'educated youth' to learn from the peasants in the countryside.

This month, the city's Bureau of Personnel revealed the first group of non-Beijing hi-tech employees had been approved for a Beijing residence work permit.

New regulations were announced in June and six weeks later the invitations were in the post.

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Soon, it will take just 10 days to process an application.

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