Opinion | How to ensure Hong Kong’s youth capture Qianhai’s opportunities
- The Hong Kong government needs a concrete plan to capitalise on the expanded zone in Shenzhen
- Qianhai could offer young Hongkongers the jobs they crave, along with the bustle of city life, green space and a chance to own a home
Economic development policies are, in essence, policies for youth. With their energy and positive outlook, young people often have ambitious goals and are eager to make their mark on society. Hence, they are more likely to take up the key role of driving the economy while also becoming one of the greatest beneficiaries of that economic growth.
This new market will be a platform for innovation and experiments in reforms for growth sectors including modern services, international trade, high-end technology, artificial intelligence, maritime services, green finance, health care, creative culture, and legal and dispute resolution services.
The plan guides local governments in establishing the necessary conditions and enhancing the operating environment for Qianhai to attract more private-sector participation and private investment. It also offers tangible support in proposing to increase the size of the Qianhai cooperation zone from 14.92 sq km to 120.56 sq km.
All this is highly relevant to the youth of Hong Kong. It is important to connect the dots between the opportunities in Qianhai and the expectations of young people because local governments need to formulate measures to attract more young people to join and engage in this critical mission of economic development. At the moment, this topic is not widely discussed among Hong Kong youth.