- 36% of Hong Kong CFOs say the Belt and Road initiative will increase business investment
- 35% believe it will create more job opportunities for financial professionals
- 32% predict it will enhance Hong Kong’s financial connectivity
China’s Belt and Road Initiative is expected to have an immensely positive impact on businesses and the finance industry in Hong Kong, according to new research commissioned by Robert Half.
According to a survey of 150 CFOs, the top five impacts of the Chinese government’s Belt and Road Initiative will be: an increase in business investment (36%), an increase in job opportunities for financial professionals (35%), enhancement of Hong Kong’s financial connectivity (32%), business growth and expansion (25%), and an increase in salaries for finance professionals (24%). Just 5% of respondents say the Belt and Road initiative will not have an impact on businesses in Hong Kong.
Adam Johnston, Managing Director, Robert Half Hong Kong commented, “The Belt and Road Initiative will undoubtedly be a driver for Hong Kong’s economic development and will further promote the city as a globally recognised financial hub. The initiative is expected to have a direct and positive impact on the local finance employment market as new infrastructure projects drive up demand for those with the necessary financial expertise to manage the implications of these initiatives.”