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Hong Kong to welcome unlimited talent via pass schemes amid global competition

Hong Kong's government has decided not to impose a cap on its talent attraction schemes, aiming to attract as many skilled individuals as possible in a competitive global market. The Labour and Welfare Secretary, Chris Sun, stated that the focus is on ensuring these new arrivals contribute meaningfully to the economy through employment or business establishment, as evidenced by the high approval rate of applications. Since 2023, over 126,000 applications have been approved, with the vast majority originating from mainland China, despite some expert concerns about the city's capacity to integrate such a large influx of non-local talent. AI

RANK_REASON Government policy announcement regarding talent attraction and immigration. [lever_c_demoted from significant: ic=1 ai=0.1]

Read on SCMP — Tech →

AI-generated summary · Google Gemini · from 1 sources. How we write summaries →

Hong Kong to welcome unlimited talent via pass schemes amid global competition

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Government policy announcement regarding talent attraction and immigration. [lever_c_demoted from significant: ic=1 ai=0.1]
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COVERAGE [1]

  1. SCMP — Tech TIER_1 English(EN) · Kristen Cheung ·

    ‘The more, the better’: Hong Kong won’t cap talent scheme passes, labour chief says

    The Hong Kong government will not cap the number of admissions under its talent schemes, with the labour minister saying “the more, the better” amid a global race for skilled workers, despite rising concerns over whether the city can absorb the influx. Wrapping up a five-day visi…