Chief Executive Carrie Lam Cheng Yuet-ngor speaks at a youth forum on the development of the Guangdong-Hong Kong-Macao Greater Bay Area on May 6, 2021. (PHOTO/ HKSAR GOVERNMENT)

HONG KONG – Chief Executive of the Hong Kong Special Administrative Region Carrie Lam Cheng Yuet-ngor said on Thursday that the Greater Bay Area Youth Employment Scheme has shown better-than-expected results with more jobs provided to the city's graduates.

Speakiung at a youth forum, Lam said that as of April 30, a total of 2,394 jobs had been provided by 321 enterprises, which was higher than the original expectation of 2,000. Among these jobs, 1,267 were related to innovative and technology, nearly double the original estimate.

Lam said that Hong Kong has seen rapid development in fintech in recent years and young people can find plenty of opportunities in this area by relying on the mainland and combining advantages with Guangdong-Hong Kong-Macao Greater Bay Area.

As of April 30, there were 2,394 jobs provided by 321 enterprises, which was higher than the original expectation of 2,000

Lam said that the Greater Bay Area Youth Employment Scheme launched by the HKSAR government earlier this year encourages enterprises with operations in Hong Kong and mainland cities in the Greater Bay Area to recruit university graduates from Hong Kong.

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Lam said that with the implementation of the Law of the People's Republic of China on Safeguarding National Security in the HKSAR and the improvement of the HKSAR's electoral system, Hong Kong will once again enter a period of stable development and accelerate its integration into the overall development of the country, which is beneficial to the development of all walks of life.

Moreover, she said, with the development of science and technology and the acceleration of the pace of digitization in various industries, the potential for future development of fintech will be even higher.

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