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Opinion | Hong Kong needs its own version of Japan’s ‘womenomics’

  • The city can learn from Shinzo Abe’s initiative to boost the number of working women in Japan, given its ageing population
  • Improving child care support and challenging traditional gender norms would encourage more women to bring their skills to the workforce

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People head to work in Central on March 30. Cultures have different ideas about women’s role in the family and society. Photo: Felix Wong

During his tenure as prime minister of Japan, the late Shinzo Abe’s government implemented a set of gender-friendly policies, dubbed “womenomics”, to encourage women to work. To be sure, not every proposal was met with approval. For example, a scheme to give 300,000 yen (US$2,500), to small companies that promoted women to management positions was shot down.

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Womenomics was needed as part of structural reforms to boost Japan’s economy. By 2060, the country’s population is predicted to decline by some 40 million, and the number of elderly is expected to double. In Japan’s traditional society, increasing the labour force through immigration and reintegrating retirees into the workplace is seen as a last resort.
Hong Kong, similarly, is experiencing a demographic shift and could use some of Abe’s tools. Last year, the population declined by 121,500 people, or 1.6 per cent. The government has predicted that the number of people living on Hong Kong Island will drop to 1.13 million by 2029. At the same time, the elderly population is growing – it stood at 1.38 million in 2020, and is now 1.5 million.

Moreover, although Hong Kong is very open to importing labour, it is time to tap into an enormous, underutilised pool. The city achieved gender equality in postsecondary education a long time ago, exemplified by the number of female students enrolling in University Grants Committee programmes at various degree levels, which exceeds the number of male students enrolling.

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But after gaining a degree, many women choose not to work, for a number of reasons. The current labour participation rate for women is around 54.2 per cent, compared to 73 per cent in Japan. That figure remains little changed from three decades ago, when 47.9 per cent of women worked.

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According to the government’s “Men and Women in Hong Kong” survey, published in July, women also hold 55 per cent of part-time jobs.
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