Hong Kong innovation chief pledges to step up efforts to attract talent, capital to stop firms from leaving for ‘places with money’
- Secretary for Innovation, Technology and Industry Sun Dong also expresses optimism, pointing to city’s edge in bringing in top people despite current manpower shortage
- He says city needs to attract more foreign investment in pushing tech sector forward given that many companies lack resources to advance
Hong Kong’s innovation minister has acknowledged that the city lacks talent and investment in technological development, pledging to step up efforts to attract overseas professionals and private capital in a bid to prevent firms from leaving for “places with money”.
But Secretary for Innovation, Technology and Industry Sun Dong also expressed optimism about the industry advancing, pointing to the city’s edge in bringing in top people despite the current manpower shortage.
“When it comes to getting things done, there is not enough talent,” Sun told a radio show on Sunday.
“It is related to how Hong Kong developed the industry in the past. Traditionally, we do not have much of a technology industry or a lot of related industries.”
Sun said the situation had improved after the administration rolled out a series of measures, including the Top Talent Pass Scheme.
