'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

Ant International And Bank Of China Partner To Enhance Cross-Border Payment Connectivity

Ant International and Bank of China (Hong Kong) (“BOCHK”) announced a partnership which leverages BOCHK’s banking... Read more

BitGo Korea Gets Green Light For Virtual Asset Custody, Backed By SK Telecom

BitGo Holdings, Inc. (BitGo) announced that its subsidiary, BitGo Korea, Inc. (BitGo Korea), received its Virtual Asset... Read more

Webinar: When Account Takeover Moves Past Onboarding

Account takeover shows why fraud risk cannot be treated as an onboarding problem. Fraudsters are using stolen credentia... Read more

JCB To Trial Stablecoin Payments In Japan With Digital Garage And Lawson

JCB Co., Ltd. (JCB), Digital Garage, Inc. (Digital Garage), and Lawson, Inc. (Lawson) announced that they have jointly ... Read more

Bonnie Chan To Lead HKEX Until Feb 2030 After Securing Second Term

The HKEX Board of Directors has approved the renewal of the employment contract of Hong Kong Exchanges and Clearing Lim... Read more

Ripple Signs Its First Korean Regional Bank In Cross-Border Remittance Deal

Ripple, a blockchain-based enterprise solutions provider for traditional and digital finance, announced a partnership w... Read more