BY SILVI WRITER and CHINA DAILY
Hong Kong’s talents and professionals, especially the youths, are urged to “change their mindset” to embrace opportunities brought by the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) for better prospects.
“We are competing with talents from the whole country. We should reflect on what competitive edge we still have,” said Chuk-kin Lau, Publisher of Recruit, Hong Kong’s leading recruitment magazine, on Friday.
Lau noted that Hong Kong cannot rest on its laurels due to shortages in technology talents. The city should formulate and execute strategies on how to attract global technology professionals amid the fierce competition.
Lau made the remarks at a ceremony for the 30th Recruit Roundtable and luncheon for Changes for Talents and Bay Area Opportunities.
Hosted by Recruit, also an all-rounded recruitment services media, and co-organized by Hong Kong Management Association and China Daily Hong Kong Edition, the event drew nearly 100 academics, consultants, officials and employers to discuss how the city’s talents should prepare for opportunities brought by the GBA.
Hong Kong Chief Secretary for Administration Matthew Cheung Kin-chung said the government will ride on its internationalization to connect with mainland’s innovation and technology resources to cement the GBA as a global innovation and technology hub.
The GBA refers to the central government’s scheme to link the Hong Kong and Macao special administrative regions with Guangzhou, Shenzhen, Zhuhai, Foshan, Zhongshan, Dongguan, Huizhou, Jiangmen and Zhaoqing into an integrated world-class cluster. The combined gross domestic product of the 11 cities currently reach US$1.5 trillion, or 12 percent of the national economy, even though it is home to only 5 percent of the country’s population.
Leveraging on Hong Kong’s world-class universities, strength in research and development, robust judicial and intellectual property protection mechanisms, sound business environment and the reputation of a safe and secure city, Hong Kong is pooling innovative resources from the city, the mainland and other parts of the world together, the chief secretary said.
The SAR will broaden channels not only for international innovative businesses to enter the mainland, but also for mainland startups to go global, he said.
Hong Kong now comprises the ingredients of a global financial center like “Nylonkong”.
“If she can have the potential of being ‘the Silicon Valley in China’, the city will have greater development prospects,” Cheung said.
The government is working to facilitate local industries, the medical care and education in particular, to seize opportunities in the GBA, to solve the city’s problem of labor shortage.
Moreover, interconnectivity with other cities in the GBA will be strengthened via policy adjustments and breakthroughs.
“The SAR government will seize the opportunities offered by the GBA and seek breakthroughs in operational mechanisms to enhance interconnection with other cities and facilitate the easy flow of productive elements,” Cheung said.
Time to give up ‘Superiority Complex’
During the luncheon, Bosco Law Ching-kit, chief executive officer at Lawsgroup, a family-controlled group whose economic interests range from apparel manufacturing to retail to property urged Hong Kong’s youths to give up their “superiority complex”, which has turned to be their “worse side”.
“(Hong Kong’s) young people should change their mindset,” he said, adding the employees of his group are willing to work on the mainland.
Wilson Chan Fung-cheung, associate director at MBA City University of Hong Kong and founder of Belt and Road Pioneer, also encouraged the city’s youths to be brave amid uncertainties so that they can grasp opportunities ahead.
Dennis Chow Chi-yin, southern region managing partner at Deloitte China, said, “If Hong Kong can integrate with the development of the GBA, then the city will endow more career development opportunities to the city’s youth.”