1 min News: Employment & Job Market Updates (05 Mar, 2026)

Market Updates By Me2Works Published on 05/03/2026

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  • China’s 15th Five-Year Plan (2026-30): An official government report reviewed today in Beijing highlights China’s commitment to supporting Hong Kong’s integration into national development. For the first time, "exposure to mainland cities" is being described as baseline competitiveness for Hong Kong professionals.


  • DBS Hong Kong & AI Onboarding: DBS Bank (Hong Kong) announced a major collaboration today with Know Your Customer to automate SME onboarding using AI-powered business verification. This reflects a broader 2026 trend: AI is moving from "back-office tool" to "front-line customer experience".


  • Visa Renewal "90-Day Window" in Full Swing: Since the March 1 rollout, HR teams are actively utilizing the expanded 3-month renewal window for GEP, ASMTP, and IANG visas. This is significantly reducing "renewal anxiety" during the current peak business travel season.


  • Imported Worker Briefing: The Labour Department is holding a briefing session today for imported workers under the Enhanced Supplementary Labour Scheme.