Hong Kong Economic & Trade Office

No 1 / 2022 Issue

March 2022

Dear friends,

Here is the latest issue of Hong Kong Files, a newsletter published by the Hong Kong Economic and Trade Office that contains major news on Hong Kong and our office.

You are welcome to share the information with colleagues and interested parties.

Latest Developments and updates

Budget 2022-2023

Our Financial Secretary, Mr Paul Chan, delivered the latest annual 2022-23 Budget on 23 February 2022. This is a timely and appropriate Budget that focuses on supporting an all-out effort to win the fight against the epidemic and supporting the economy and fostering a post-epidemic revival.

Hong Kong will make good use of national policies and exploring the vast Mainland market and participating in the domestic circulation of the national economy. At the same time, our city will play a bridging and platform role at the intersection of domestic and international circulations well, connecting domestic and foreign markets and investors, and assisting Mainland enterprises to explore the international market.

Read the highlights of the budget in a letter from our Director-General and the links below:

The 2022 - 23 Budget

Guangdong-Hong Kong-Macao Greater Bay Area

Hong Kong’s financial services

Hong Kong’s innovation and technology

Expanding out on talent attraction

With an abundance of opportunities, Hong Kong is keen to share the benefits with talents around the world. Announced in the Budget 2022-23, our Government will further expand our flagship talent attraction programme - the Quality Migrant Admission Scheme - by including new categories on asset management compliance and financial professionals in Environmental, Social and Governance (ESG), so as to attract more targeted talents to Hong Kong.

Read more about the scheme here.

Chinese New year message

Director-General of the Hong Kong Economic and Trade Office, Mr Law Kin-wai, shared a Chinese New Year Message to celebrate the Year of the Tiger. Mr Law reviewed the very close ties between Hong Kong and ASEAN countries, and highlighted how Hong Kong and the ASEAN can further cooperate to tap into the vast opportunities in Mainland China through Hong Kong.

Aspire to Achieve More @Hong Kong: Explore the Opportunities in Asia’s Leading Innovation and Technology Hub

Are you an innovation and technology (I&T) aspirant interested to start a life fulfilling career in Asia’s World City – Hong Kong? This webinar is right for you. Over the past three years or so, the HKSAR Government has devoted bountiful of resources and efforts on I&T development in Hong Kong, which included expanding I&T talent pool through a variety of funding schemes as well as enhancing the talent admission regime and support for startups. Migration schemes targeting I&T or talented individuals and professionals were also launched to attract and facilitate the relocation of non-local talents to work in Hong Kong.

Watch our webinar to find out more about Hong Kong’s latest I&T landscape and get useful tips from our experienced speakers to start your new journey in Asia’s leading I&T hub.

Where to Find a World of Green Business Opportunities

Where to Find a World of Green Business Opportunities A compact metropolis with a hunger for green and sustainable living, Hong Kong provides fertile ground for green entrepreneurs to devise, develop and finance environment-friendly innovations. Vicky Chan, a local architect with an international project portfolio, explains why in a video.

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