Second-tier Cities Offer Free Rent, Hukous and Money to Graduates
Second-tier cities are fighting to attract graduates. Changsha offers an annual rental subsidy of 15,000, 10,000 and 6,000 yuan for graduate, masters and undergraduate degree holders. Graduate and masters students also receive 60,000 and 30,000 yuan subsidies for a home purchase. Fuzhou, Chengdu, Nanjing, Hangzhou and Wuxi are other cities offering benefits. The latter three have subsidies worth as much as 100 million yuan for companies.