'HK Should Both Attract Talent And Nurture Locals'

"); jQuery("#212 h3").html("

Related News Programmes

"); });

2022-10-15 HKT 12:11

Share this story

facebook

  • Paul Yip believes nurturing local talent is as important as attracting people to come from elsewhere. Photo: RTHK

    Paul Yip believes nurturing local talent is as important as attracting people to come from elsewhere. Photo: RTHK

A social sciences scholar from the University of Hong Kong, Paul Yip, said on Saturday that nurturing local talent is just as important as attracting it from elsewhere.

The Chief Executive, John Lee, has indicated that bringing international talent here will be a keystone of his maiden Policy Address next week.

Yip said that while attracting outside talent is important, Hong Kong's own young people provide a solid and reliable talent pool, especially as they see Hong Kong as their home.

"Please try to reserve sufficient resources to develop our local talent as well. I mean, five of the Hong Kong universities are ranked among the [world's] top 100 universities," he told RTHK after attending a radio programme.

"So each year, there are more than 10,000 graduates also looking for opportunities."

The associate dean of HKU's social sciences faculty added that if resources are concentrated on importing foreign talent, that may widen the city's wealth gap further.

He noted that nearly two-thirds of grassroots workers said their incomes had shrunk during the pandemic as they struggle to make ends meet.

Yip said society should reflect on whether low-income earners are being neglected, and argued that resources should be shared among different groups.

RECENT NEWS

HashKey Lists On Hong Kong Exchange

HashKey listed on the Main Board of The Stock Exchange of Hong Kong Limited, becoming the first digital asset company t... Read more

North Korea Linked To Over Half Of 2025 Crypto Heist Losses

TRM has published new research showing that North Korea-linked actors were responsible for more than half of the US$2.7... Read more

South Korea Forms Task Force After Coupang Data Breach

The South Korean government announced on Thursday (19 December) that it will establish an interagency task force to add... Read more

Is Hong Kongs Default Life Insurance Choice A Wealth Drain?

Hong Kong is a city that takes financial security seriously, boasting one of the highest insurance penetration rates in... Read more

RedotPay Secures $107M Series B, Total Funding Hits $194M

RedotPay, a global stablecoin-based payment fintech, has closed a US$107 million Series B round, bringing its total cap... Read more

91% Of Hong Kong Merchants Lose Revenue To Payment Friction

Aspire has released its Hong Kong Ecommerce Pulse Check 2025, highlighting that while mid-sized ecommerce merchants rem... Read more