Page 88 - 2024 Special Report on the State of Business in South China
P. 88
Regulatory Commission (CSRC) and the Securities Technology innovation is the driving force of
and Futures Commission of Hong Kong (SFC) growth in the digital economy. There is an urgency
entered into a Memorandum of Understanding, for highly qualified talent for core technology
which clarifies the arrangements and procedures development. In 2021, the Guangdong Province
for share issuance and listing, cross-boundary released a list system of urgently needed talent
enforcement, supervision of intermediaries, in the GBA, which shows that the demand for
and exchange of information between the CSRC highly educated and innovations and technology
and the SFC. The CSRC and SFC will carry out talent to be consistently rising. The demand for
their respective supervisory duties, join hands product developers and software engineers
in combating cross-boundary misconduct and ranked the highest15. Hong Kong’s Talent List
offences, safeguard the legitimate interests of released in Q1 2023 also recommends bringing
investors and ensure the steady and healthy in talent in the technology field, such as artificial
development of both markets. intelligence (AI) specialists and data scientists16.
These types of talent are critical to Information
With supervision by the CSRC, the Shenzhen and Communications Technology (ICT), advanced
Office of the CSRC will engage in talent training manufacturing and sectors that have strategic
and exchange with the SFC. Cooperation in respect impact in the sustainable development of the
to cross-boundary regulatory oversight will also digital economy.
be enhanced by way of the CSRC’s investigation
division, which will assist the investigation of • On the supply end: Consistent efforts in
matters for which the SFC has requested attention. attracting talent, with differences in the strengths
of talent between Shenzhen and Hong Kong
Specialized talents cultivation
supporting financial development As the demand for talent rises, identifying and
in the GBA securing talent supply has become a critical issue.
The growth rate in the talent supply of the GBA
In the five years since the promulgation of the has been increasing for three consecutive years17,
Outline Development Plan for the Guangdong- with efforts to attract talent enhanced. There is a
Hong Kong-Macao Greater Bay Area in 2019, positive trend of talent-led industrial development
cities within the GBA have all implemented talent and talent aggregation in industrial clusters. For
support policies that draw upon the strengths and example, Shenzhen has a robust talent pool in
unique features of the respective cities. The cross- ICT and manufacturing while Hong Kong is a
boundary talent flow has returned to normal since prime market for finance professionals. There are
boundary crossing resumed after the pandemic. As significant differences in the strengths of the two
Shenzhen and Hong Kong both lie at the forefront talent markets, and their respective comparative
of the nation’s “dual circulation” economic advantages can complement each other in an
strategy, there has been increasing collaboration integrated approach.
in various aspects of talent market development.
The pace of integration of their talent markets • Talent trends
has accelerated. Effective allocation of human
resources is key in the high-quality development Continuous development in technology and
of the GBA. industry restructuring will drive the demand for
talent in emerging technologies, data compliance
Current trends and challenges in the GBA and strategic emerging industries.
talent market
15 《2020年粤港澳大湾区（内地）急需紧缺人才目
• On the demand end: Strong demand for 录》，广东省人力资源和社会保障厅，http://hrss.gd.gov.cn/
highly educated talent, with the highest demand gkmlpt/content/3/3490/mpost_3490754.html#1274 ；香港
for technology research and development 统计局，https://www.dsec.gov.mo/zh-CN/Statistic?id=302 ；
professionals 澳门统计局
16 “人才清单创新科技”，香港特区政府官
网，https://www.talentlist.gov.hk/sc/iso7.html, 2023年
17 《2022年粤港澳大湾区人才发展报告》，2022年，猎聘
88
and Futures Commission of Hong Kong (SFC) growth in the digital economy. There is an urgency
entered into a Memorandum of Understanding, for highly qualified talent for core technology
which clarifies the arrangements and procedures development. In 2021, the Guangdong Province
for share issuance and listing, cross-boundary released a list system of urgently needed talent
enforcement, supervision of intermediaries, in the GBA, which shows that the demand for
and exchange of information between the CSRC highly educated and innovations and technology
and the SFC. The CSRC and SFC will carry out talent to be consistently rising. The demand for
their respective supervisory duties, join hands product developers and software engineers
in combating cross-boundary misconduct and ranked the highest15. Hong Kong’s Talent List
offences, safeguard the legitimate interests of released in Q1 2023 also recommends bringing
investors and ensure the steady and healthy in talent in the technology field, such as artificial
development of both markets. intelligence (AI) specialists and data scientists16.
These types of talent are critical to Information
With supervision by the CSRC, the Shenzhen and Communications Technology (ICT), advanced
Office of the CSRC will engage in talent training manufacturing and sectors that have strategic
and exchange with the SFC. Cooperation in respect impact in the sustainable development of the
to cross-boundary regulatory oversight will also digital economy.
be enhanced by way of the CSRC’s investigation
division, which will assist the investigation of • On the supply end: Consistent efforts in
matters for which the SFC has requested attention. attracting talent, with differences in the strengths
of talent between Shenzhen and Hong Kong
Specialized talents cultivation
supporting financial development As the demand for talent rises, identifying and
in the GBA securing talent supply has become a critical issue.
The growth rate in the talent supply of the GBA
In the five years since the promulgation of the has been increasing for three consecutive years17,
Outline Development Plan for the Guangdong- with efforts to attract talent enhanced. There is a
Hong Kong-Macao Greater Bay Area in 2019, positive trend of talent-led industrial development
cities within the GBA have all implemented talent and talent aggregation in industrial clusters. For
support policies that draw upon the strengths and example, Shenzhen has a robust talent pool in
unique features of the respective cities. The cross- ICT and manufacturing while Hong Kong is a
boundary talent flow has returned to normal since prime market for finance professionals. There are
boundary crossing resumed after the pandemic. As significant differences in the strengths of the two
Shenzhen and Hong Kong both lie at the forefront talent markets, and their respective comparative
of the nation’s “dual circulation” economic advantages can complement each other in an
strategy, there has been increasing collaboration integrated approach.
in various aspects of talent market development.
The pace of integration of their talent markets • Talent trends
has accelerated. Effective allocation of human
resources is key in the high-quality development Continuous development in technology and
of the GBA. industry restructuring will drive the demand for
talent in emerging technologies, data compliance
Current trends and challenges in the GBA and strategic emerging industries.
talent market
15 《2020年粤港澳大湾区（内地）急需紧缺人才目
• On the demand end: Strong demand for 录》，广东省人力资源和社会保障厅，http://hrss.gd.gov.cn/
highly educated talent, with the highest demand gkmlpt/content/3/3490/mpost_3490754.html#1274 ；香港
for technology research and development 统计局，https://www.dsec.gov.mo/zh-CN/Statistic?id=302 ；
professionals 澳门统计局
16 “人才清单创新科技”，香港特区政府官
网，https://www.talentlist.gov.hk/sc/iso7.html, 2023年
17 《2022年粤港澳大湾区人才发展报告》，2022年，猎聘
88
