ABSTRACT

To understand the current challenges and future prospects of HRM in Hong Kong, we take a historical perspective in this chapter and review Hong Kong’s wider cultural, social and economic context since the 1970s. We will recount the unfolding of HR practices as the city evolved from an entrepôt, to an enclave economy to a metropolitan business and financial center. In the latest words of officials of the Hong Kong government, the vision of Hong Kong is to reposition itself as the world’s most service-oriented knowledge economy that capitalizes on its strength in value-added producer services in order to complement the growth of the Chinese economy in the future.