The program was initiated by the Shanghai human resources and social security bureau and the Shanghai science and technology commission in 2005 to attract talents who have studied abroad to work, perform research or start businesses in the city.
The project is a beneficiary of China's policies to boost effective investment, which plays a key role in maintaining the country's steady economic growth in 2019.
The program was launched on Sunday at a press conference. "Seeds for the Future" is designed to cultivate more ICT Talents in Bangladesh and provide an opportunity for the students to learn ICT Technologies, said the company.
The president aims to speed up economic development with the appointment of young entrepreneur Nadiem Makarim, founder of Gojek, as culture and education minister and Wishnutama Kusubandio, co-founder of NET TV, as minister of tourism and creative economy.
The program also allows a family with floor space per person below the city's average to get payments, even if they have more than two houses, said Li Hongbing, deputy director of the bureau. According to the Beijing Statistical Yearbook 2018, the city's average per capita floor space was 34.2 square meters in 2017.
The president's words, which are stronger than those made 10 days ago, showed the central government's resolve to end the unrest that has continued for more than five months, they said.
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The program allows students to live like locals and gain an in-depth learning experience. It aligns with the EF's mission to open up the world through education. Through its program, it hopes to mold students into better global citizens, said Chiu.
The premier said that the two countries should continue to work together to follow the consensus reached between the leaders of the two countries, and foster the Sino-US relationship based on the keynotes of coordination, cooperation and stability.
The president said the social security reform will be an important ending for a series of reforms his government has launched, and will help curb unemployment and increase government investments.
The program started on Wednesday and will last for two years.