Director-General, Hong Kong Economic and Trade Office, London 03/01/2018 Working in Hong Kong 18 January 2017 Ms Priscilla To Director-General, Hong Kong Economic and Trade Office, London

Why Hong Kong? Fundamental Strengths as Asia’s World City 03/01/2018 Fundamental Strengths as Asia’s World City Career Opportunities Abound A Dynamic and Cosmopolitan City, Vibrant and Exciting Social Life 2

Core Strengths of Hong Kong 03/01/2018 Highly open economy Rule of law underpinned by judicial independence Stable and predictable business environment Safe multicultural and multilingual environment One Country, Two Systems Simple and low taxes “Super-connector” between China and rest of the world free flow of capital and information 3

Hong Kong’s competitiveness in figures 03/01/2018 Hong Kong’s competitiveness in figures 2016 - a record of 7,986 overseas and Mainland companies set up regional headquarter/ regional offices in Hong Kong World Investment Report 2016 : Hong Kong was 2nd largest foreign direct investment recipient in the world in 2015. Heritage Foundation : Hong Kong ranked the world's freest economy (22nd consecutive year) IMD World Competitiveness Yearbook 2016: Hong Kong is the most competitive economy

Hong Kong in Brief GDP growth: 1.5% in 2016 (estimated) 03/01/2018 Hong Kong in Brief GDP growth: 1.5% in 2016 (estimated) Low unemployment rate: 3.3% at end November 2016, near full employment Low inflation: 3.0% in 2015, 2.9% for first eight months 2016 Low overall crime rate: 935 per 100,000 population 5 5

Career Opportunities Abound 03/01/2018 Career Opportunities Abound Hong Kong is the best place in the world for expats to advance their careers (according to a private survey conducted by HSBC) Around 34 400 professionals came to work in 2015

Financial Services Sector 03/01/2018 Financial Services Sector A survey conducted by Financial Services Development Council (FSDC) in January 2015 - obvious talent shortage nearly across all sectors and functions all interviewees or survey respondents indicated problems in finding the right talent

Financial Services Sector (con’t) 03/01/2018 Financial Services Sector (con’t)

Financial Services Sector (con’t) 03/01/2018 Financial Services Sector (con’t) Opportunities in the financial services industry Renminbi business Shanghai-Hong Kong Stock Connect/ Shenzhen-Hong Kong Stock Connect Mutual recognition of funds between Mainland China and Hong Kong

Business and Professional Services Sector 03/01/2018 Business and Professional Services Sector The Hong Kong Institute of Human Resource Management's (HKIHRM) survey (February 2016) The top 5 business sectors that faced talent shortage: logistics/transport/transport services IT Business and professional services wholesale/import & export/trading/distribution restaurant/catering 10 10

03/01/2018 Start-up Sector San Francisco-based research firm Compass: Hong Kong - the top five fastest growing start-up ecosystem in the world 2016: number of start-ups increased by 24% from a year ago to 1 926, involving some 2 039 entrepreneurs (35% of entrepreneurs are non-Hong Kong origin) number of incubation and co-working spaces over 40, and most of them are privately run, including a few from Silicon Valley Startmeup protal: http://www.startmeup.hk/

Quality Migrant Admission Scheme (QMAS) 03/01/2018 Quality Migrant Admission Scheme (QMAS) Prerequisites aged 18 or above; no adverse record; proficient in Chinese or English; good education background Assessment under: General Points Test (for highly skilled or talented persons); or Achievement-based Points Test (for talent with outstanding achievements) Job offer not required

Quality Migrant Admission Scheme (con’t) 03/01/2018 Quality Migrant Admission Scheme (con’t) Enhancements rolled out in May 2015 1. Adjust the Point-scoring Scheme under the General Points Test (GPT) Additional points awarded for applicants with outstanding academic background or international work experience [Graduates of University of Helsinki: already passed the basic requirements for further consideration] 2. Relax Stay Arrangements (e.g. Permission for a 2-year stay on the first occasion) http://www.news.gov.hk/en/categories/school_work/html/2015/02/20150205_140325.shtml

Stories Success Stories Hong Kong － a city where every second counts "From providing business solutions to improving human life, the 21st century is all about information technology. Hong Kong is an energetic city offering a plethora of opportunities across multiple sectors. I know my knowledge in information technology products and solutions will help the city stay on top of the market in the modern epoch." Hong Kong － a city of rule of law "Hong Kong enjoys a high degree of autonomy and independent judicial power. With my legal training in the Mainland and my knowledge of the laws of Hong Kong, I am confident that I can provide bilateral legal services to my clients in both the Mainland and Hong Kong." Constantin Stahlknecht Information Technology Business Group Lead, from Germany General Employment Policy Sun Yan Legal Counsel, from Mainland China Admission Scheme for Mainland Talents and Professionals Hong Kong － an international financial centre "With conclusion of the Mainland and Hong Kong Closer Economic Partnership Arrangement (CEPA), economic connection between Hong Kong and Mainland China has never been closer. My knowledge of Mainland markets and familiarity with the financial behaviour of the Chinese enable me to pursue my future in Hong Kong." Yang Yi Investment Banking Professional, from Mainland China Admission Scheme for Mainland Talents and Professionals

Further Enquiries Websites of the Hong Kong Immigration Department Introduction of Admission Schemes for Talent, Professionals and Entrepreneurs: www.immd.gov.hk/eng/useful_information/admission-schemes-talents-professionals-entrepreneurs.html Quality Migrant Admission Scheme : www.immd.gov.hk/eng/services/visas/quality_migrant_admission_scheme.html Enquiries – Hong Kong Immigration Department Hotline : (852) 2824 6111 Fax : (852) 2877 7711 Email : enquiry@immd.gov.hk Additional information on working, investing or living in Hong Kong Invest Hong Kong : www.investhk.gov.hk

Hong Kong – a livable city full of diversity 03/01/2018 Hong Kong – a livable city full of diversity Extraordinary Cuisine Exciting Formula E Lively Nightlife Convivial Hong Kong Sevens World-Class Theme Parks Scenic countryside and sandy beaches Well-connected transport

Hong Kong Welcomes You!

Thank you Hong Kong Economic and Trade Office, London Websites: 03/01/2018 Thank you Hong Kong Economic and Trade Office, London Websites: www.hketolondon.gov.hk Follow us on: Facebook: facebook.com/hketolondonuk Twitter twitter.com/HKinLondon