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Hong Kong political veteran calls for city to build designated rental homes for global talent
- Tam Yiu-chung, formerly the city’s sole member of Beijing’s top legislative body, suggests local reforms based on China’s third plenum resolution
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Hong Kong authorities should build designated rental homes for international talent that would broaden their choices and help them to navigate the city’s high rents, a political heavyweight has said.
Tam Yiu-chung, formerly the city’s sole representative on the nation’s top legislative body, said on Tuesday that Hong Kong needed reforms to improve its standing as an international finance, maritime and trade hub in the country, as specified in a resolution at the Chinese Communist Party’s third plenum in July.
“Hong Kong also needs [reforms], not just mainland China. This is because we need to consider many issues by now – what we can improve, what suits our developmental needs and citizens’ expectations, as well as our efficiency,” Tam said on a radio programme.
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Tam, who was the sole Hong Kong member of the National People’s Congress (NPC) Standing Committee until he stepped down in 2023, spoke a day after senior Beijing officials arrived in the city to hold a briefing on the spirit of the third plenum, which cited the city’s “irreplaceable” role in furthering national reforms and opening up the country.
The resolution also listed a wide range of measures to strengthen the country’s economic resilience, deepen the tech talent pool and narrow the rural-urban gap as part of efforts to find new growth engines and address demographic challenges.
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Commerce minister Wang Wentao told an audience of hundreds of officials, lawmakers and businesspeople on Monday that Hong Kong should strengthen its unique status and advantages while aligning with national strategies and improving connectivity with the mainland.
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