Caixin
May 16, 2023 05:40 PM
CHINA

In Depth: Hong Kong Targets Young Talent, Tech Sector in Post-Covid Push

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To draw back talent, the government has rolled out a special visa program, hooking tens of thousands of applicants. Photo: VCG
To draw back talent, the government has rolled out a special visa program, hooking tens of thousands of applicants. Photo: VCG

In the wake of Covid isolation, Hong Kong is taking a targeted approach to reviving its position as a global business hub — an image that waned during the pandemic as expats left in droves amid ever tougher restrictions.

To draw back talent, the government has rolled out a special visa program, which has hooked tens of thousands of applicants, while pitching the industry hard as a sandbox for innovation, particularly with tech and phenomena like the metaverse and web3, where it is taking a comparatively lighter regulatory touch.

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