HK to reveal measures to attract talents and investment in upcoming policy address

Hong Kong is planning to unveil practical measures to attract talents and investment to the city in the upcoming policy address, according to the city’s financial chief Paul Chan and some of the lawmakers.

Chan said after the latest round of informal exchanges between officials and lawmakers that he is confident that the two-day banking summit would be held successfully in November this year. He also revealed that the upcoming policy address will disclose measures in luring foreign investment and talents to Hong Kong.

DAB lawmaker Elizebeth Quat pointed out at the meeting that Hong Kong must be more proactive and attract ASEAN enterprises, overseas state-owned enterprises and private enterprises to seek financing and listing in Hong Kong, as well as recruiting talents, so as to consolidate Hong Kong's status as an international financial centre.

Back in August this year, Hong Kong’s leader John Lee has promised to attract global talents by strengthening the city’s abilities in innovation and technology. He said he will reveal his thoughts and proposals in the coming Policy Address in October. 

During the Global Innovation and Technology Summit held on 11 August, the Hong Kong chief said participants from recent virtual consultation sessions had called upon the government to help in developing the city’s innovation and technology undertakings, as well as attracting the world’s top talents.

“Bringing together Hong Kong, we need to ‘snatch’ talents. I agree with these views very much, and I will also put forward my ideas and measures in the coming Policy Address in October. I also hope that the academicians and scientific research talents of the two academies participating in today's summit will actively share their insights and help us build a better and more dynamic society for the next generation, and tell the story of Hong Kong and the Greater Bay Area with us,” Lee said.

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