'HK Should Both Attract Talent And Nurture Locals'

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

"); });
2022-10-15 HKT 12:11
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.
HKMA Pushes Project Ensemble, Banks To Adopt Tokenised Deposits
The Hong Kong Monetary Authority (HKMA) will advance Project Ensemble and encourage commercial banks in the city to int... Read more
Singapore And Hong Kong Regulators Deepen Cooperation On Bank Oversight
The Monetary Authority of Singapore (MAS) and the Hong Kong Monetary Authority (HKMA) have signed a Memorandum of Under... Read more
XTransfer, SPD Bank Shanghai Partner To Boost Cross-Border Trade For SMEs
XTransfer has entered into a strategic partnership with SPD Bank’s Shanghai Branch, announced at the “XTransfer Tra... Read more
PayPay To Be Accepted At Over 2 Million Merchants In South Korea Via Alipay+
From late September 2025, Japan’s largest cashless payment service, PayPay, will be accepted at more than two million... Read more
Lenovo Hong Kong And Cyberport Partner To Support Startups
Lenovo Hong Kong has announced the signing of a MoU with Cyberport, aimed at supporting Hong Kong’s innovation and te... Read more
PAObank Partners With CPAIHK To Integrate Banking And Insurance Services
PAObank, in which Ping An Insurance holds a stake, is marking its fifth anniversary with a new strategic partnership wi... Read more