Hong Kong targets young talent, tech sector in post-Covid push
IN THE wake of Covid-19 isolation, Hong Kong is taking a targeted approach to reviving its position as a global business hub – an image that waned during the pandemic as expats left in droves amid tough restrictions.
To draw back talent, the government has rolled out a special visa programme, which has hooked tens of thousands of applicants. It is also pitching the industry hard as a sandbox for innovation, particularly with tech and phenomena such as the metaverse and Web3, where it is taking a comparatively lighter regulatory touch.
In April alone, Hong Kong hosted more than a dozen exhibitions on technology, fashion, and a variety of trading sectors. These events attracted over 65,000 buyers from around 160 countries, according to the Hong Kong Trade Development Council.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Global
China rebound gets more lopsided as factories hum, shoppers lag
IMF knocks Biden’s China tariffs as risk to US, world growth
Top HSBC shareholder Ping An exploring ways to cut US$13 billion stake
Digitalisation of banking creates new risks, says global watchdog
More companies are selling shares to help cut debt
Red Sea disruptions are splitting global LNG trade into regions