Xin Lang Cai Jing·2025-07-12 08:28Core Insights - Xiaomi has launched its first batch of employee apartments in Beijing and Nanjing, with an average rent of 1999 yuan per month, aimed at young engineers [2][5] - The Nanjing Xiaomi Youth Apartment has 566 rooms, all of which were fully booked within three days, indicating strong demand for affordable housing among employees [2][5] - The establishment of Xiaomi's Nanjing office has led to a significant increase in employee numbers, with expectations to exceed 10,000 in the next five years [5][9] Group 1: Employee Housing Initiative - Xiaomi's employee apartment in Nanjing offers a monthly rent of 1699 yuan, significantly lower than the market rate of over 2500 yuan for similar accommodations [1][2] - The rapid booking of the apartments reflects the company's strategy to attract talent, especially fresh graduates, as it plans to hire around 5,000 this year [2][5] - The initiative is part of Xiaomi's long-term investment in Nanjing, enhancing its appeal as a tech hub [5][9] Group 2: Nanjing as a Tech Hub - Nanjing has become a key location for Xiaomi's operations, serving as its largest R&D center outside of Beijing, with over 5,000 employees currently [5][9] - The city is attracting other tech giants like Alibaba, which is also establishing a regional headquarters nearby, further enhancing the area's tech ecosystem [6][8] - The local government has initiated plans to develop the Hexi Central Innovation Zone, aiming to foster innovation and attract more tech companies [9][10]