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PressRelease.gif (2138 bytes)

May 18, 2001

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HKGCC SUPPORTS DETAILS OF IMPORTATION OF
MAINLAND IT AND FINANCIAL PROFESSIONALS

The Hong Kong General Chamber of Commerce (HKGCC) strongly supports the SAR Government's details on the importation of qualified Mainland professionals to Hong Kong in the information technology (IT) and financial services sectors.

The Chairman of HKGCC, Mr Christopher Cheng, said, "We strongly support the Government's plan of admitting Mainland professionals to work in the SAR, in particular for the information technology and financial services fields. Instead of taking away jobs from Hong Kong people, these people fill a critical gap, and their contribution will have the effect of creating more jobs for Hong Kong.

"We are pleased to see there is no quota or ceiling in the scheme. A knowledge-based economy competes using manpower, and Hong Kong needs all the critical human resources it can get." Mr Cheng added.

HKGCC believes that it is inappropriate to adopt a minimum wage policy for a world class city like Hong Kong that is so market-economy driven. Instead, the relative wages for comparable professionals around other competitive regions and within our own city should be a companys reference when determining the wage level.

HKGCC in fact holds the position that in the future, this liberalization of mainland professionals should extend to other fields beyond IT and financial services to any sector where there is a shortage.


For further information, contact Dr Eden Woon on 2823-1211.

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