People

The Hong Kong Productivity Council said on Monday technology companies are eager to manufacture more of their products in the SAR, but they need support to help nurture talent.

We study the global diffusion of culture through multinationals, focusing on gender norms. Using data on manufacturing firms in China from 2004 to 2007, we find that foreign affiliates from countries with a more gender-equal culture tend to employ proportionally more women and appoint more female managers. They also generate cultural spillovers, as we find that domestic firms' female labor share increases with the prevalence of foreign affiliates in the same industry or city. Based on a multi-sector model that accounts for firm heterogeneity in productivity, gender bias, and learning, we perform counterfactual exercises. By hypothetically eliminating firms' gender biases, we observe a 5% increase in China's aggregate total factor productivity, 19% of which is due to spillovers from foreign affiliates.

The making of the Northern Metropolis heralds a reshuffling of Hong Kong’s landscape and economy in the coming years — an ambitious and timely visionary move to optimize the city’s unbalanced economic structure and integrate it into the robust development of the Guangdong-Hong Kong-Macao Greater Bay Area, pundits said. In the last Policy Address of her administration’s current tenure, delivered on Oct 6, Chief Executive Carrie Lam Cheng Yuet-ngor unveiled a blueprint to develop the northern part of Hong Kong into a metropolitan area.

大灣區概念為香港帶來與內地廣東省9市和澳門合作發展的機會，各界認為未來機遇與挑戰並存。機遇方面，貿發局研究總監關家明表示，中國現時經濟發展重點已由量轉質，企業能力和競爭力不斷提升，除了催谷「內循環」，亦要對外接軌，而本港的市場化、國際化和法制優勢，將是協助內地連接及拓展「外循環」的重要環節。

貿發局研究總監關家明出席《信報》主辦的「2021粵港澳大灣區高峰論壇」時表示，中國內地現時經濟發展重點已由量轉質，企業能力和競爭力亦正上升，除催谷內循環外，亦要對外接軌。他認為，本港的市場化、國際化和法制法優勢，將是協助內地連接及拓展外循環的重要環節。

中央最近發表了兩份關於香港及澳門的發展方案，當中提到澳門與橫琴、香港與前海的優勢互補，究竟本港應如何把握機遇？節目請來港大經濟學教授談談。

香港總排名較今年3月上升一位至全球第三位。有經濟專家在接受中新社記者採訪時表示，伴隨香港國安法的落地實施，社會恢復安定，在各項國家政策的支持下，憑藉傳統優勢的鞏固及新優勢的發展，相信香港國際金融中心的地位將進一步穩固。

香港三大支柱行業僱員流失的比率，並未由香港作為先進經濟體所應致力發展的高科技知識密集行業補上，反而像眾多西方國家一樣，落入收入較低的服務業之中，尤其是零售和個人服務。

政府自2016年開始推出多項措施，投資過百億元，協助傳統行業以科技升級改造，以及發展高產值行業。5年後的今天，無論製造業佔本地生產總值或工人佔本地總就業人口依然不變，其實政府一直提倡的「再工業化」 概念，究竟為香港工業帶甚麼改變？香港企業在回應工業4.0的大勢時，又面對甚麼問題呢？