Hong Kong has long been a service-based economy reliant on finance, tourism, trade logistics and professional services. But as the Chinese economy shifts towards domestic consumption, Hong Kong must change too, to maintain healthy economic and job growth.
A decade ago, Asia’s millennials were optimistic the region would set aside conflicts and become more united to meet global challenges such as climate change. Today’s Generation Z, who grew up amid rising geopolitical tensions and major economic disruptions, are no longer so hopeful.
As Asian economies face recession worries, many are putting climate action on the back burner – but climate resilience goes hand in hand with economic stability. Setting ambitious energy and sustainability targets supports green growth.
As Asian economies face recession worries, many are putting climate action on the back burner – but climate resilience goes hand in hand with economic stability.
Women are indispensable to Hong Kong’s future growth; closing the wage gap, while providing more support at home, can pave their re-entry to the workforce.
After its mishandling of Omicron, Hong Kong needs a program of damage control to regain investor confidence and bring stability back to residents’ lives. That means building economic resilience, strengthening networks for trade and talent, and putting substance behind claims of being a world city.
The interconnectedness that global cities once prized risks being eroded and dismantled as Covid-19 lingers and new variants emerge. Success will depend on cities’ ability to balance openness with health protection, growth with better livelihoods, and diversity with local character that fosters a sense of belonging.
Hong Kong has managed the logistics of holding a major international art fair, book fair and industry conferences during the pandemic without seeing outbreaks. Holding one or two premier events with visitors from low-risk locations will boost confidence and cement Hong Kong’s status as a hub for safe meetings.
Hong Kong has managed the logistics of holding a major international art fair, book fair and industry conferences during the pandemic without seeing outbreaks. Holding one or two premier events with visitors from low-risk locations will boost confidence and cement Hong Kong’s status as a hub for safe meetings.
Battling urban heat is becoming an increasingly urgent challenge, threatening those living in densely populated cities around Asia who suffer the effects of rising temperatures. By Program Director Janet Pau.
