An overwhelming majority of Hong Kong university graduates are willing to work in China, citing more job opportunities there and a healthier economic outlook.
A survey of 624 graduates by the Hong Kong United Youth Association Student Exchange Network has found that more than seven in 10 of them would work in the mainland.
SkyPost is reporting that more than half of the respondents plan to build their careers in China for one to three years after graduation.
Nine in 10 are optimistic about China’s economic growth while nearly half of the respondents think Hong Kong’s economy is so-so.
Graduates face more challenges because of globalization, says Tang Wing-sze, vice chairman of the student exchange group.
Also, they lack confidence in Hong Kong’s job market.
Alexa Chow, managing director of AMAC Human Resources Consultants, says graduates nowadays demand higher salaries, reducing their employment prospects.
She says Hong Kong-invested firms in the mainland pay HK$10,000 a month, less than the average offer in Hong Kong, but give increases of 5-8 percent compared with 4.2 percent in Hong Kong.
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