Hong Kong takes steps to solve talent dearth

Hong Kong has an urgent demand for more talented individuals and business professionals.

Hong Lijuan, an international education consultant from the EIC Group, said the city has a pressing need for talented individuals, especially in finance, banking, logistics and tourism sectors.

Hong noted that Hong Kong has created policies that lure talented people, such as allowing graduates without local residence registration permits to live and work in the region for at least one year.

The mainland is also helping out. In June, China announced a package of policies to boost economic and cultural relations between Hong Kong and the mainland.

Exchanges between students and faculty from Hong Kong and mainland universities will be expanded. Hong Kong colleges will be encouraged to establish educational institutions in neighboring Guangdong Province.