China faces AI talent shortage in an otherwise booming 'new economy' sector, report finds

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China faces AI talent shortage in an otherwise booming 'new economy' sector, report finds

China's AI industry is experiencing a significant talent shortage despite a surge in job openings. A report from Maimai indicates that 25% of new economy job listings are AI-related, highlighting roles like AI engineer and algorithm specialist. This shortage is particularly pronounced in cloud computing and search algorithms, where demand far exceeds supply.

The competition for AI talent has intensified among major Chinese tech firms, with some offering salaries as high as 5 million yuan for specialized roles. Companies like Alibaba and ByteDance are leading in job creation, reflecting the growing importance of AI in their operations. As these firms expand globally, they are also seeking to place top talent in overseas positions, further emphasizing the critical need for skilled professionals in the AI sector.

• 25% of new economy job openings in China are AI-related.

• Top Chinese firms are engaged in fierce competition for AI talent.

Key AI Terms Mentioned in this Article

AI Engineer

AI engineers are responsible for developing and implementing AI models and systems.

Algorithm Specialist

Algorithm specialists focus on creating algorithms that enhance AI functionalities.

Large Language Model (LLM)

LLMs are advanced AI models designed to understand and generate human-like text.

Companies Mentioned in this Article

Alibaba

Alibaba is a leading e-commerce giant that is heavily investing in AI technologies.

ByteDance

ByteDance, the owner of TikTok, is a major player in AI job creation in China.

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