China is set to launch its new K-visa scheme on October 1, targeting young foreign professionals in science, technology, engineering, and mathematics (STEM) fields. This initiative comes at a time when global competition for skilled workers is intensifying, particularly as the United States imposes a hefty $100,000 fee on new H-1B visa applications, the primary route for skilled foreign workers to enter the U.S. job market. The K-visa, introduced as part of China’s revised visa rules on August 14, brings the total number of visa categories to 13. It is specifically designed for individuals aged 18 to 25 with a bachelor’s degree or higher from reputable universities or research institutions, particularly in STEM or related fields. The visa is expected to attract specialists in artificial intelligence, quantum communication, and life sciences. Unlike traditional visa schemes, the K-visa does not require applicants to secure a job offer or sponsorship from a Chinese employer. Additionally, it allows holders to bring their spouses and minor children to China and offers flexible terms regarding the number of entries, validity period, and length of stay. Once in China, K-visa holders can engage in various activities, including education, scientific research, entrepreneurship, and business. Liu Shaoshan, director of the Center for Embodied AI at the Shenzhen Institute of Artificial Intelligence and Robotics for Society, highlighted that the K-visa significantly lowers barriers for foreign talent to work and innovate in China. The move contrasts sharply with the U.S. H-1B visa program, which has faced criticism for its high costs and restrictive policies. China’s approach aims to foster global collaboration and innovation, positioning itself as a hub for technological advancement. However, concerns about national security and espionage may pose challenges for some foreign professionals considering the K-visa.