Opinion | World beyond Greater Bay Area also holds promise for Hong Kong youth
- While the Greater Bay Area is an important part of Hong Kong’s future, it is not necessarily right for every young person in the city
- There are also opportunities to be had in major mainland cities like Beijing and Shanghai, rising inland provinces, Southeast Asia and the wider world
Don’t get me wrong, I am not a sceptic. As a pillar of Hong Kong’s economic trajectory, it is vital that the city’s leadership ensures our financial and legal industries not only complement the 86 million-strong megalopolis of which we are a part, but also help to steer it. The Greater Bay Area offers Hong Kong firms and investors a substantial market and stimuli that ought to compel our domestic re-industrialisation.
Finally, a healthy dose of realism is needed. While the Greater Bay Area might be suited to the cream of the crop among our tech, start-up and entrepreneurial talent, the relatively low wages in other sectors render it a tough sell for young people seeking to balance career development on the mainland with working towards buying property here.