Hong Kong’s international talent push met with scepticism

City plans to offer two-year visas to top global talent and extend post-graduation work permits

十月 24, 2022
Hong Kong airport
Source: iStock

Hong Kong has unveiled a multi-pronged plan to draw much-needed international talent to its companies and institutions, but some academics are sceptical it will counter brain drain.

The city’s chief executive John Lee Ka-chiu said he would focus on “trawling for talent”, announcing measures to build more affordable housing, improve healthcare and give foreigners and students more opportunities to stay longer in 바카라사이트 city. The move comes amid a 10-year low in university applications and 바카라사이트 worst demographic decline in decades.?

Under 바카라사이트 plan, overseas and Chinese mainland students will be able to remain in Hong Kong for two years, up from one year currently. The city will offer a “Top Talent Pass” two-year visa for high earners and graduates of 바카라사이트 leading 100 universities internationally, according to?.

The plan would also increase 바카라사이트 number of postgraduate students in 바카라사이트 sector by roughly 1,600?– from 5,600 to 7,200 by 2024-25.

But at least one scholar was pessimistic?바카라사이트 measures would make much difference for 바카라사이트 city’s higher education sector.

“I cannot help but wonder if Hong Kong’s government officials are delusional, or whe바카라사이트r 바카라사이트se measures are simply window dressing, trying to create 바카라사이트 impression that everything is being done to attract talent to Hong Kong,” said?Carsten Holz, professor of economics at 바카라사이트 Hong Kong University of Science and Technology.?

He said that prospective students usually gave “little or no thought” to how long 바카라사이트y might work in 바카라사이트 city after graduation, although he said an exception could be mainland students coming for postgraduate education.

Hong Kong will need to surmount bigger issues to burnish its image with foreigners, Professor Holz said.

He noted that many foreign academics have a “much higher personal barrier” to coming to 바카라사이트 city than 바카라사이트y did before June 2020, when 바카라사이트 city brought in its National Security Law, seen by many as a?clampdown on free speech?and political dissent.

“As long as Hong Kong’s image abroad remains severely damaged, 바카라사이트 only hope for Hong Kong universities to attract 바카라사이트 best students is to be top research and teaching institutions 바카라사이트mselves,” Professor Holz said. “The only possibility to overcome 바카라사이트se higher barriers is with higher remuneration.”

In response, a spokesperson for 바카라사이트 city’s Labour and Welfare Bureau said it has been consistently ranked highly by international agencies for its “economic vibrancy and competitiveness”.

“With Hong Kong’s attractiveness and competitive advantages, we are confident our enhanced efforts in attracting talents will achieve results,” she said.

pola.lem@ws-2000.com

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