"A White Paper on Overseas Studies and Employment of Domestic and International College Students," which analyzed income and employment rates of domestic and international college graduates, recently found that engineers earned the highest salaries and saw the best job market among recent graduates, according to the Qianjiang Evening News.
The white paper, issued by Zhejiang Foreign Service Corporation and released on Sunday, found that Chinese who recently graduated with degrees in engineering earned the highest starting salaries between 2008 to 2011. The paper also found that Internet software developers topped that group in in 2010 and 2011.
Young architects, financial analysts, and credit analysts are also earning more than their peers, according to the white paper.
The document revealed that in China, those who went into sales made up the largest group of employed recent graduates, while those with finance and insurance degrees took the largest share in the US.
The employment rate of recent medical school graduates as well as those holding degrees in agronomy saw dramatic increases between 2009 and 2011.
But not everyone was so lucky. The paper also listed several fields that saw low hiring rates and starting salaries, such as animation, law, biotechnology, applied mathematics, physical education, English language, international economics and trade.
On the other hand, geologic engineering, ocean engineering, mining engineering, and petroleum engineering have seen rising employment rates and decreasing unemployment rates.
More than 600,000 overseas students returned to China at the end of 2010, earning an average starting salary of 3,000 yuan ($476) per month.
The recently returned graduates have come back to China to work in finance (21 percent), culture and education (18 percent), and business services such as law (15 percent), telecommunications (9 percent) and manufacturing (5 percent).
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