Hong Kong continues to woo foreign talent with first-ever global summit

Hong Kong News

Hong Kong continues to woo foreign talent with first-ever global summit
Foreign TalentChinaGreater Bay Area
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As of end-April, nearly 180,000 applications under the city’s various talent entry schemes had been approved since their launch in late 2022.

New: You can now listen to articles. HONG KONG : More than 3,000 participants attended Hong Kong ’s first-ever Global Talent Summit on Tuesday , as the city seeks to woo talent from Europe and Southeast Asia.

Hong Kong has fewer visa restrictions compared to other Asian economies. It has pushed out incentives like stamp duty waivers, and allowed talent to enter Hong Kong without having to secure a job first, in a bid to drum up its appeal. Despite a perception that Chinese living in the Guangdong-Hong Kong-Macao Greater Bay area may want to work in Hong Kong due to the proximity, those from the middle of China are also venturing out, said managing partner of recruitment services firm Leapin Gabriel Cheung.

It is a move that Hong Kong says reflects the advantage of its one country, two systems principle, and fosters greater exchanges.

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