More overseas Chinese students and scholars are expected to seek jobs in their homeland as the global financial crisis intensifies, a press conference was told on Sunday in Shanghai.

"The unemployment problem caused by the crisis will prompt overseas students in the United States to come back for jobs," said You Weishun, director of the North America Chinese Scholars International Exchange Center, also organizer of the annual job fair for overseas Chinese in America.

As the crisis spreads more to economic entities, Chinese students and scholars in the Unite States, and some Chinese Americans working in the Wall Street are showing more intentions of coming back, You said.

The center, which has been organizing job fairs almost every year for overseas Chinese students and scholars since 2000, will hold another job fair in Washington from May 8 to 10.

"This year's fair is expected to attract a record 3,000 applicants," You said. Government agencies, corporations and research institutes from major Chinese cities, such as Beijing, Shanghai, Tianjin and Chongqing, will attend the fair.

Shanghai, China's financial hub, is in dire need of high-end personnel in the fields of finance, information technology, biological medicine and equipment manufacture, said Huang Weimao, an official of the Shanghai human resources and social security bureau, at the press conference.

(Xinhua News Agency January 12, 2009)