At this year’s HKMA’s Annual Conference: Sustaining Growth in a Dynamic World, various business professionals shared their thoughts on Hong Kong’s position on the world stage.
One thing that they were agreed on was that Hong Kong’s most valuable commodity is its talent: a highly educated, hardworking, loyal and internationally-exposed group. Some, however, conceded that there is still some way to go to bring Hong Kong’s locally university-educated youths onto the same page as young talent receiving a more rounded educational experience in other nations, currently they are at a slight disadvantage.
James Thompson, Chairman, Crown Worldwide Holdings said Hong Kong was a great place to do business for a multitude of reasons: there is more money left over to reinvest after taxes than in most other nations, no corruption, very little bureaucracy and simple employment laws. Globally, laws are becoming more conducive to global business but companies in Hong Kong have had a headstart. Michael Gazeley, Managing Director, Network Box also rated Hong Kong’s business environment highly by virtue of its melting pot of international talent including those educated abroad. One problem he pointed out is that Hong Kong doesn't advertise itself very well. He advised, “Hong Kong must tell the rest of the world how good it is, what it can produce and what it can make happen.”
Paul Arkwright
Publisher
