Hong Kong enjoys ‘competitive advantages’ over Singapore in global talent race: Paul Chan
- Finance chief Paul Chan says Hong Kong can offer attractive career development opportunities and a good place to settle down, among other perks
Hong Kong has “competitive advantages” over regional rival Singapore in the global talent race, the finance chief has said, adding such professionals will help give the property market a much-needed boost.
Despite their strong overall performance among the 67 ranked economies, Hong Kong and Singapore were among the weakest in the “prices” category, coming in at 65th and 62nd, respectively.
But Chan told the Post that Hong Kong had more to offer global talent than its regional rival.
“Given that Hong Kong is an international city, we have to acknowledge what our competitive advantages are … we have our own attractions for international talent,” he said.
The finance chief said the city offered very desirable career development opportunities for mainland Chinese talent arriving from across the border and overseas, especially as professionals in certain fields came under pressure amid recent geopolitical tensions.
