China News Agency, Hong Kong, July 16th: “Talent grabbing” has achieved remarkable results, and Hong Kong’s competitiveness remains
China News Agency reporter Xiang Luping
The Chief Executive of the Hong Kong Special Administrative Region, Lee Ka-chao, said recently that the various talent input plans have received enthusiastic responses. As of the end of June 2023, the SAR government has received more than 100,000 applications in half a year, which is about three times the target number of Hong Kong’s annual introduction of 35,000 talents. .
In the past four years, Hong Kong has experienced the “storm of amendments” and the new crown epidemic, which has stagnated the economy and caused the loss and shortage of human resources. Questions about “Hong Kong’s advantages and attractiveness are no longer” have emerged from time to time. However, judging from the popularity of various talent introduction programs, Hong Kong’s advantages and competitiveness still exist.
In recent years, the central government has repeatedly emphasized that “one country, two systems” is to maintain Hong Kong’s unique status and advantages, and maintain Hong Kong’s long-term prosperity and stability. Hong Kong’s unique status and advantages are irreplaceable by any city in the Mainland.
The “grabbing talents” has achieved remarkable results, highlighting Hong Kong’s incomparable advantages. According to the latest Global Financial Centers Index report for March 2023, Hong Kong ranks fourth, after New York, London and Singapore. Funds can freely enter and exit Hong Kong without restriction. At the same time, Hong Kong has a financial regulatory environment with strict regulations and international standards, which is sufficient to ensure the safety of funds.
On the other hand, Hong Kong is backed by Mainland China, the world’s second largest economy. A large number of mainland companies go to Hong Kong for financing and listing. Hong Kong’s IPO fundraising has maintained a global leadership for many years, establishing the core position of the world’s leading financial center. This is unmatched by financial centers such as Singapore.
Hong Kong has a judicial system that is in line with the West. It is the only jurisdiction in the world with an English-Chinese bilingual common law system and the only common law jurisdiction in China. The protection of the rule of law is Hong Kong’s most prominent comparative advantage and an important manifestation of Hong Kong’s soft power.
Hong Kong’s leading education level and diversified choices in Asia are also important reasons why high-quality talents choose to settle down. Recurrent expenditure on education has always been one of the SAR government’s policy priorities and one of the largest areas of expenditure. In 2017, the SAR government extended the 12-year free education to 15 years, highlighting the SAR government’s long-term commitment to investing in education. According to the latest QS World University Rankings released in June 2023, Hong Kong, a city with a population of 7 million, has five universities among the top 100 in the world, fully demonstrating the international competitiveness of Hong Kong’s higher education.
As the country embarks on a new journey for the second century, Hong Kong has achieved a transition from chaos to governance, and its economic development has also entered a new stage from governance to prosperity. In the process of further integrating into the overall development of the country, in line with the national “One Belt, One Road” initiative, the “14th Five-Year Plan” and the construction of the Guangdong-Hong Kong-Macao Greater Bay Area, the country’s role and functional positioning of Hong Kong, in the traditional “international financial center, international Shipping Center, International Trade Center, Asia-Pacific International Legal and Dispute Resolution Service Center”, adding four emerging centers to upgrade, build and develop, namely “International Aviation Hub, International Innovation and Technology Center, Regional Intellectual Property Trade Center, Chinese and Foreign Cultural Center Art Exchange Center”. This will attract more diverse talents from around the world.
To this end, the SAR government also substantially expanded the “Talent List” from 13 majors to 51 majors in May this year, covering 9 industry fields, in order to attract more high-quality talents through a number of talent import programs to meet the needs of Hong Kong’s development. need.
Facing a complex international environment, Hong Kong will certainly face many challenges in its future development. However, Hong Kong’s attractiveness is rooted in its own unique advantages, and even more rooted in the state support behind it. What talents value most are opportunities and stages. As Li Jiachao said, “100,000 applications in half a year” reflects Hong Kong’s advantages of “relying on the motherland and connecting the world”. As a free economy, these advantages can only be found in Hong Kong and are irreplaceable. It also shows that Hong Kong’s international competitiveness is still solid.
Article source: China News Agency
Editor in charge: Yao Sihan
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2023-07-17 01:00:30
