Eleven big financial enterprises in Beijing plan to recruit 142 high level talents from home and abroad, reported the Beijing Morning Post Tuesday.

The 11 financial institutions include China Life Insurance, Bank of China, Beijing Municipal Commercial Bank and Beijing Securities. The posts are for computer engineers, advanced accountants and professional salespersons.

The annual salary for some of the posts is ranging from 160,000yuan to 200,000 yuan (about 19,300 to 24,100 US dollars), said Cheng Yanhong, director of Beijing municipal financial office.

The applicants can also bargain with the employer for the payment, Cheng added.

Talents in the areas such as advanced financial planning, security analysis and investment analysis are needed urgently, the director said..

"Finance has become an important strategy to improve Beijing's economic development and talents will be the core of financial competition in the future," said Cheng.