Hong Kong's Chief Executive John Lee said in his inaugural policy address on Wednesday that he wanted to bolster the city's competitiveness and attract more overseas talent, including graduates from top global universities.
Lee, a former career policeman with limited financial expertise, also stressed in his speech that further safeguarding the city's national security would remain a priority, with more national security laws currently being explored.
He became the city's leader in July and faces multiple challenges restoring its fortunes as a financial hub after several years of upheaval that resulted in it losing ground against regional rivals like Singapore.
"Apart from actively nurturing and retaining local talents, the government will proactively trawl the world for talents," Lee said in his speech to local lawmakers. Two year visas will be made available to individuals earning salaries of HK$2.5 million or more during the past year, and graduates from the world's top 100 universities with at least three years of work experience, he said.Reporting by James Pomfret, Clare Jim and Donny Kwok; Writing by James Pomfret; Editing by Simon Cameron-Moore
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