In 2016，there was 432.5 thousand returned overseas Chinese students，demonstrating that China，as an emerging “talent magnet”，is playing a greater role in attracting international talents. At the same time，the rapid increase of returnees has also made returnees’ employment issues the focus of social attention. In 2017，the Center for China & Globalization （CCG） conducted a research on the development situation of returned overseas Chinese students. According to the research，more than 70% of the students studying abroad returned China after graduation for employment and entrepreneurship because of family reunion. After returning China，most of the returnees are employed in the IT/Communications/Electronic/Internet industry and the financial industry. Nearly 60% of the returnees got entry level positions for initial employment. As for the value of studying abroad，the returnees have a positive attitude，but many of them are not satisfied with their current career development situation and their state of life. For returned entrepreneurs，Beijing is still the most preferred city，second-line cities，like Chengdu and Wuhan，are gaining more attractiveness gradually. Among the factors influencing returnees’ choice of entrepreneurship city，quick economic development and personal connections are among the most important. Regarding the success rate of entrepreneurship，more than half of the returned entrepreneurs have failure experience，and the main cause of their failure is the lack of entrepreneurial experience.