Former Executive Council convenor Bernard Charnwut Chan said on Thursday that Hong Kong’s talent acquisition has been disadvantaged by its Covid curbs, but it is not “the end for Hong Kong”. Speaking at an event today, Chan said Hong Kong’s economic development is currently at a bottleneck, in which the city should build a big enough talent pool and develop traditional and emerging industries. He said Hong Kong has been “too confident” in the past and turned a blind eye to the threats, but he believed this is not “the end for Hong Kong”. Hong Kong still has its perks in talent acquisition, including its simple, low-rate tax system and well-established health care and education system, Chan said, adding that the city still has abundant opportunities for economic development. Meanwhile, the former ExCo convenor said that with other places worldwide all stepping up efforts to draw global talent, Hong Kong should not fall behind and implement more aggressive measures to attract talent to drive economic development.

Source: The Standard October 27, 2022 20:58 UTC