A view of the Lujiazui area in Shanghai. [Photo/WeChat account: pdnews]

Shanghai's first white paper on talent development in the financial leasing industry was launched at the 2023 Shanghai financial leasing industry talent development conference on Aug 25. 

As of the end of March, the total assets of financial leasing companies in Shanghai accounted for about 40 percent of China's total, while the number of employees in this industry made up more than half of the nation's.

Financial leasing enterprises in Shanghai were the main sample for the white paper.

Statistical analysis revealed that the talent pool within Shanghai's financial leasing industry is made up of mostly youthful, high-quality professionals.

Middle-aged and young employees aged 26-40 make up 69.1 percent of the workforce, and the educational entry threshold is high — those with a bachelor's degree or postgraduate degree make up 92.3 percent of the total.

Notably, the talent turnover within the industry is currently high. In terms of talent scarcity, the demand for talent is highest in the transportation logistics and energy-chemical industries.

The white paper proposes a series of measures for attracting, cultivating, and developing talents. These measures include increasing the traction of public policies regarding the construction of talent highlands, accelerating the establishment of industry self-regulation and risk management mechanisms, encouraging all enterprise entities to amplify their talent cultivation and corporate culture building, and prioritizing digital transformation.