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Hong Kong to offer more help to young people seeking to do internships, business on mainland, but city shouldn’t fear marginalisation, local No 2 says

  • Chief Secretary Matthew Cheung says working in Greater Bay Area could be a springboard for young people’s careers
  • He also insists city has no need to fear being marginalised or ‘mainlandised’ by its neighbours across the border

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Chief Secretary Matthew Cheung suggests working in Shenzhen or elsewhere on the mainland can boost young Hongkongers’ careers. Photo: Martin Chan

Hong Kong authorities will step up the amount of help offered to local young people looking to take up internships or set up businesses in mainland China, the city’s deputy leader has said, noting that local youth have certain comparative advantages over their counterparts over the border.

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Chief Secretary Matthew Cheung Kin-chung, writing on his official blog on Sunday, also dismissed suggestions Hong Kong would be marginalised or “mainlandised” by its Chinese neighbours, such as the tech hub Shenzhen, which was recently described by President Xi Jinping as “an important engine” in the Greater Bay Area plan. The project seeks to integrate Hong Kong, Macau and nine mainland cities into an economic powerhouse.

Cheung argued that Hong Kong continued to have an important role to play and could complement its mainland neighbours in the national development blueprint.

Office workers in the Hong Kong’s financial district of Central. Photo: Winson Wong
Office workers in the Hong Kong’s financial district of Central. Photo: Winson Wong

“Hong Kong has always been Shenzhen’s biggest source of foreign investment, with some 80 per cent of Shenzhen’s foreign investment coming through Hong Kong,” he wrote.

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“The economic cooperation of the two places will be an important driving force for prosperity … Hong Kong and Shenzhen should aim at achieving a win-win cooperation, deepening their cooperation and making Hong Kong and Shenzhen a dual engine for growth in the Greater Bay Area.”

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