In his fourth Policy Address, Chief Executive John Lee stated that the government attaches great importance to youth development.
"We will enhance the talent policy to attract technical professionals with specified skills to Hong Kong, promote the flow of talents between the industry and academic sectors, and strengthen the HKTE's efforts in talent attraction and support. This will help build Hong Kong into an international hub for high-calibre talents," John Lee said.
In addition, he announced that the talent policy achieves substantial results, driving sustained economic growth:
- Over 230,000 talents have come to Hong Kong for work and development.
- The renewal rate for the Top Talent Pass Scheme applications stands at 55%.
- 95% of high talents earn monthly incomes exceeding the median salary of over HK$20,000, with 50% earning nearly double that amount.
- This influx contributes approximately HK$34 billion to the economy each year, equivalent to about 1.2% of GDP.
- 70% of talents coming to Hong Kong are under the age of 40.
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Tag:·Policy Address· Chief Executive John Lee·talent policy
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