Nurturing and Attracting Talent
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| 34.
Hong Kong has good
human resources, but we still need to train and attract more talent.
That is the second challenge we have to overcome.
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| 35.
We are now taking
action on two fronts. The
first is to improve the quality of our basic education, enhance higher
education and promote lifelong learning in the community.
We need more talented individuals who are biliterate and
trilingual, innovative, adaptable and have the ability to think critically
and communicate. Indeed, most
people in Hong Kong strive to improve themselves and enhance their
personal worth. The
Government will continue to invest heavily in education and training and
help those in financial difficulties to pursue further studies through
subsidies and loans. Nevertheless, it is also reasonable for those who can afford
it, to pay their own expenses in the pursuit of lifelong learning.
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| 36.
The second important
task is to attract to Hong Kong individuals with the right knowledge and
skills or who have entrepreneurial spirit.
Some believe that the admission of outside talent would deprive
local people of employment. The
reality is quite the opposite. Outside
talent gives impetus to our economic development and this in turn creates
more jobs. The keen
competition among the developed economies in America and Europe for talent
from all over the world is a testament to this.
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| 37.
Whether such talent is
prepared to come to Hong Kong depends on many factors, including the
living environment, town planning, potential for self-fulfillment and
cultural diversity. But the
crucial element is the Government's admissions policy.
Last October, the Chief Executive announced in his Policy Address
that the Government was reviewing its immigration policy with a view to
relaxing restrictions on the entry of overseas investors. He has recently suggested the need to conduct a comprehensive
study of Hong Kong's admissions policy.
These initiatives are intended to facilitate the steady economic
restructuring of Hong Kong.
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