Hong Kong talent schemes could add 1.2% to GDP annually: John Lee

Talent attracted to Hong Kong under various admission schemes could add about 1.2 per cent to the city’s gross domestic product (GDP) each year, the city leader has said, adding that more than half of those reaching the three-year mark are willing to stay. Chief Executive John Lee Ka-chiu said on Friday the government had attracted more than 300,000 people through its talent measures, with about 20 per cent from places outside mainland China. “These talent will create an extra GDP of probably...