Greater Bay clarion call to science talents

Top News | Sophie Hui 21 Apr 2021

Hong Kong is focusing on attracting Chinese scientific talents from overseas to settle in the Greater Bay Area, Chief Executive Carrie Lam Cheng Yuet-ngor said yesterday at the Boao Forum.

"Hong Kong and Shenzhen are working together on a 'package policy' to attract talents from overseas, especially since we know that some Western countries are not so friendly to Chinese people in the last two years," Lam said.

"So we are putting focus on attracting those scientific talents, who have a good development overseas, to return to Hong Kong and settle down in Greater Bay."

Lam said Greater Bay is a unique place compared to other bay areas in China and the world - it has one country, two systems, three jurisdictions and three different currencies.

Greater Bay comprises Hong Kong, Macau and nine Guangdong municipalities - Guangzhou, Shenzhen, Zhuhai, Foshan, Huizhou, Dongguan, Zhongshan, Jiangmen and Zhaoqing.

Although Hong Kong has a good capabilities in scientific research, those studies could only stay on paper in universities or for teaching purposes as the city lacks a huge market and manufacturing ability, Lam said.

But Greater Bay can make up for such deficiencies, she said, as it has a complete industry chain and can mobilize people, capital and data.

Hong Kong as an international financial center does a great job in financing new technologies, including biotech companies to list on Hong Kong's stock market, while scientific research companies could seek local financing, she said.

The "quite chaotic" Hong Kong in the past couple of years is not in chaos now, while the stock market also has developed well, ranking second globally in initial public offering fundraising amount last year, Lam said.

Lam earlier told state broadcaster CCTV that the worst time in Hong Kong has passed and she expects a 3 to 5 percent economic growth this year.

She also slammed foreign countries for intervening in China's internal affairs just because they "feel uncomfortable" with the rise of the mainland.

She said the Hong Kong government has issued a lot of statements to refute the allegations by foreign countries but it was difficult to change their views as they have "fundamental biases and other purposes."

Lam added: "It's clear now that their other purpose is to besiege China."

Meanwhile, secretary of the Communist Party of China Hainan Provincial Committee, Shen Xiaoming, said he welcomed Hong Kong youngsters to study and work in the province following a meeting with Lam.

He also looked forward to enhancing cooperation with Hong Kong in areas like professional services, aviation and medicine.

sophie.hui@singtaonewscorp.com



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