The Chief Executive, Mr John Lee, used his maiden Policy Address today (October 19), to outline the Government's strategies to compete for enterprises and talents to strengthen the city’s competitiveness.
Mr Lee's initiatives include setting up an Office for Attracting Strategic Enterprises (OASES) and a Top Talent Pass Scheme as well as enhancing existing talent admission schemes.
"Hong Kong has advanced infrastructure in both hardware and software, a sound legal system and top-notch talents from all over the world," Mr Lee said.
"An open and diversified metropolis where old and new styles meet, Hong Kong is also an appealing city embracing both Chinese and Western cultures."