What can other cities learn from Hong Kong in training and education, where the city leads the world according to the IMD's 2024 global digital competitiveness ranking?
Hong Kong's top ranking in the IMD 2024 Global Digital Competitiveness Ranking highlights its exceptional focus on training and education in fostering a digitally competitive workforce. Other cities can draw valuable lessons from Hong Kong's strategies, including: 1. Emphasizing Lifelong Learning Hong Kong prioritizes continuous upskilling and reskilling programs for its workforce. Initiatives like the Reindustrialisation and Technology Training Programme (RTTP) provide subsidies for advanced technology training. Lesson: Cities should promote a culture of lifelong learning by incentivizing skill development for workers across all age groups. 2. Strong STEM Education Foundation Hong Kong integrates STEM (Science, Technology, Engineering, and Mathematics) into school curricula, ensuring students gain critical skills early. Public-private partnerships further support STEM initiatives. Lesson: Investing in early STEM education and partnering with the private sector can create a pi...