Editorial | Time to take stock in Hong Kong’s talent programmes as they pass second year
While billions of dollars are added to the economy, there is a need to address concerns of those struggling to find work or to adapt to life in Hong Kong
The exodus following the prolonged coronavirus pandemic forced the Hong Kong government to jump on the global bandwagon in the hunt for talent under an array of admission schemes.
Two years have passed and it is time to take stock. The authorities must strive to improve the arrangements and ensure that the city genuinely benefits from the initiatives.
A new scheme targeting top-notch individuals in specific fields is under way as part of wider efforts to secure the best and the brightest from around the world.
The government is to shortlist a pool of undisclosed candidates and approach them privately.
“They do not take the initiative to apply for talent schemes as the whole world wants them … Of course, we cannot offer a mediocre arrangement. We shall offer a tailor-made arrangement according to their needs,” Secretary for Labour and Welfare Chris Sun Yuk-han said.
Proactive as it sounds, the scheme can only work when the candidates are convinced that the city can truly offer what others cannot.
This is not just about tax concessions or other tangible incentives. While our international links and access to the mainland market has an appeal for talent from overseas as well as the mainland, the quality of living is still perceived as inferior to some global cities.