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Hong Kong economy
Hong KongHong Kong Economy

Hong Kong signs deal with Greater Bay Area cities to boost services for incoming talent

  • Chief Secretary Eric Chan, city’s No 2 official, hails memorandum of understanding signed with Macau and nine mainland cities, stressing importance of synergy
  • ‘Each of the cities in the Greater Bay Area boasts different edges and is positioned differently. There’s a wide spectrum of possibilities for collaboration,’ he says

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Hong Kong is facing a competitive race to recruit talent to support its economy. Photo: May Tse
Ambrose Li
Hong Kong has signed a memorandum of understanding with the other 10 Greater Bay Area cities in an effort to create a more welcoming local environment for professional workers, as its labour chief touted the success of policies aimed at bringing in more talent.

The memorandum of understanding to promote cooperation in talent services was signed at the second edition of the Guangdong-Hong Kong-Macau Greater Bay Area High-quality Talent Development Conference, part of the two-day Global Talent Summit that wrapped up on Wednesday.

Highlighting the importance of synergy, Chief Secretary Eric Chan Kwok-ki, Hong Kong’s No 2 official, said: “To further attract and retain talent, cities in the Greater Bay Area are signing a memorandum of understanding today to strengthen services provided by the area to talent to create a more favourable environment for them to put down roots.”

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“Each of the cities in the Greater Bay Area boasts different edges and is positioned differently. There’s a wide spectrum of possibilities for collaboration.”

The bay area refers to Beijing’s ambitious plan to transform Hong Kong, Macau and nine mainland Chinese cities into an integrated hi-tech, economic powerhouse by 2035.

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Secretary for Labour and Welfare Chris Sun Yuk-han also spoke at the conference, stressing the need for Hong Kong to engage in “more innovative and bolder approaches” to tackle obstacles facing the recruitment of talent.

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