On the 25th, the Chief Executive of the Hong Kong Special Administrative Region, Li Ka chao, read out a new policy address in the Legislative Council, announcing multiple measures to attract and retain talent, including the establishment of a "Talent Service Office", the expansion of the "High end Talent Pass Program" university list, and the implementation of the "Capital Investor Entry Program". Li Jiachao stated that the investment and talent attraction measures launched by the SAR government last year have achieved good results. In terms of talent acquisition, as of the end of September, it has attracted about 160000 applications, of which over 100000 have been approved, and about 60000 people have arrived in Hong Kong. However, Li Jiachao emphasized that in the face of global competition, Hong Kong must continue to strengthen its competitiveness. On the same day, he announced multiple measures for talent acquisition and retention in his policy address, including the establishment of a "Talent Service Office" to provide support for talents coming to Hong Kong, and to follow up on the development and needs of talents after their entry. Next year, Hong Kong will hold the Global Talent Summit and the Guangdong Hong Kong Macao Greater Bay Area Talent High Quality Development Conference to promote regional talent exchange and cooperation. The SAR government will expand the list of universities under the "High end Talent Pass Program". Starting from November, the list of eligible universities will increase from 8 top mainland and overseas universities to 184. At the same time, the SAR government will also relax the visa policy for Vietnamese talents to come to Hong Kong for employment, and relax the application threshold for Vietnamese people to come to Hong Kong for business and tourism "one visa, multiple trips". The SAR government will also open up Laos and Nepal talents to come to Hong Kong for employment, training, and study in universities sponsored by the Higher Education Funding Committee. Li Jiachao stated that the SAR government will implement the "Capital Investor Entry Plan". Qualified investors who invest HKD 30 million or more in assets such as stocks, funds, and bonds (excluding real estate) in Hong Kong can apply to come to Hong Kong through the plan to enhance the development advantages of Hong Kong's asset and wealth management, finance, and related professional services sectors. Details will be announced within this year. In addition, Li Jiachao also mentioned that the Hong Kong SAR government will establish a dedicated office and expert committee within next year to promote the establishment of the Hong Kong International Legal Talent Training Institute. The Hong Kong Independent Commission Against Corruption (ICAC) will establish the "Hong Kong International Institute Against Corruption" in the first quarter of next year, providing professional training for anti-corruption personnel from around the world and local public and private sectors, promoting the exchange of anti-corruption experiences among experts and scholars at home and abroad, and consolidating Hong Kong's international position in anti-corruption construction. (Lai Xin She)