ZHIWU CHEN, PROFESSOR OF FINANCE, UNIVERSITY OF HONG KONG - "One significant change is to de-emphasise economic development and economic reform. From the 14th to the 19th Party Congress, economic development was, each time, explicitly stated as the central mission for the Party, whereas this time there is no such mention; instead, the emphasis is on 'complete' and 'all-rounded' development. That is, it is not just economic development but also political, social, environmental, and cultural development that the Party will devote efforts to."
16 Oct 2022
Global war for talent: Hong Kong to refund extra taxes for foreign property owners taking up residency and launch new schemes to entice top-notch overseas graduates
Professor Heiwai Tang, of the University of Hong Kong, urged authorities to take a cautious stance toward offering tax incentives to non-locals, as it could exacerbate inequalities in the city.
14 Oct 2022
Can Hong Kong win the talent race with Singapore? Cut red tape, improve schemes, set up an official agency, experts say
Hong Kong needs an official agency to identify talent to woo with lucrative packages, analysts have said, after the city was overtaken by Singapore in a recent global competitiveness ranking.
8 Oct 2022
“The 60 reforms would have largely expanded the role of consumption and private initiatives,” says Chen Zhiwu, a professor in Chinese finance and economy at the University of Hong Kong. “However, the market-oriented reform agenda has been largely sidelined . . . resulting in a larger role for the state and a shrunken role for the private sector.”
5 Oct 2022