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As technology advances at an unprecedented pace, Industry 4.0 is revolutionising the way industries operate and changing talent needs. Governments around the world are taking the initiative to formulate policies that accelerate economic transformation and boost competitiveness. Hong Kong is no exception – as evidenced by the Re-industrialisation Funding Scheme launched by the Government last year. However, in the face of an ever-changing future, investment into the “hardware” of industrial technology alone will not suffice, attention should also be given to developing the “software” of manpower and talents: Hong Kong’s workforce must upskill and reskill in order to support the city’s economic restructuring and keep up with the rapid digitalisation sweeping across the globe.

Hong kongResearch assistant at our hong kong foundationStatistics departmentWelfare bureauEducation commissionConstruction industry councilOur hong kong foundationEducation fundRe industrialisation funding schemeReform proposalsEducation systemHong kongContinuing education fundEmployees retraining boardBuilding information modellingCertification scheme