Beijing plays residency card in bid to fulfil its cyber-city ambitions
Beijing, the spider at the centre of the mainland's bureaucratic web, wants to be a cyber city, too.
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.
Soon, it will take just 10 days to process an application.