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Business

How China's answer to Silicon Valley attracts young talent

Big paychecks, free dinners, affordable mortgages await Tencent staff in Shenzhen

Generous incentives are key to Tencent bringing in top talent.

GUANGZHOU -- Having well and truly established itself as China's answer to Silicon Valley, Shenzhen is not only home to many of the country's biggest companies, but also the best and brightest of its young engineers.

What draws ambitious young Chinese to the city is simple enough: pay that rewards high performance, hefty bonuses, stock options and a range of other goodies.

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