This The Economist article describes efforts by Chinese government and universities to recruit and retain top notched nationals and foreigners into their talent pool as well as develop incentives and infrastructure (like this building at Tsinghua University). For economic development simple and straightforward. Impressive how this country identifies key challenges and addresses them.
Together with a group of colleagues/experts, I in some way have been contributing to this transformation the last 4 years through workshops and seminars on engineering curriculum innovation at Tsinghua University with deans, rectors and faculty from over 100 colleges of engineering. For more information on what we do, please go to www.innovahied.com or drop me an email (firstname.lastname@example.org)