Developing | Hong Kong shoots up global talent ranking to No 4: John Lee Hong Kong has secured the fourth spot globally for talent, catapulting five places to achieve its highest position ever in an international ranking. In a report released by the International Institute for Management Development on Tuesday, Hong Kong also ranked first in Asia, buoyed by improvements across the ranking’s three talent competitiveness factors. The city’s ranking rose by eight places to 20th in “appeal”, and by one spot for both “readiness”, and “investment and development.” Among the indicators, Hong Kong took the top spot for graduates in the sciences. It was also ranked third in the availability of financial skills and fifth in both remuneration of management and effectiveness of management education. Chief Executive John Lee Ka-chiu revealed the latest ranking at the Post’s Hong Kong-Asean Summit on Tuesday. The city has climbed the ranking for three consecutive years, coming in 16th in 2023. “Indeed, our ranking rose 12 places over the past two years, a clear testament to the [Hong Kong] government’s enhanced efforts in education and talent development,” Lee said In 2022, Lee’s administration launched a series of measures to attract talent and counter an emigration wave triggered by the 2019 social unrest and Covid-19 pandemic. They included the Top Talent Pass Scheme, launched in December 2022, which is open to candidates who earned more than HK$2.5 million (US$318,500) over the preceding 12 months and graduates of the world’s top 100 universities. New arrivals under various schemes have been attributed to helping stabilise the residential property market by filling in vacancies, as well as offsetting the city’s population decline. But the effort has drawn some criticism, including from former chief executive Leung Chun-ying, amid allegations about possible abuse and concerns over its alignment with the city’s long-term local workforce demands. Recently, the government tightened the rules to require young dependants to study in Hong Kong for at least two years to enjoy the benefits of local students, including applying for subsidised undergraduate places. https://www.scmp.com/news/hong-kong/article/3324813/hong-kong-shoots-global-talent-ranking-no-4-john-lee (ICE HONG KONG)

Fonte notizia: South China Morning Post