95. Social progress depends on the presence of talent. We have been investing heavily in education to nurture local talent and to give everyone the opportunity to pursue excellence. At the same time, like other world cities, Hong Kong must attract talent from around the world. In a knowledge-based economy, knowledge is more important than capital. Capital follows talent. The larger the pool of talent, the easier it is for a place to attract investment, thereby promoting economic development and increasing employment. Major cities in the Mainland and elsewhere are doing their utmost to attract talented people. We must do the same. We are therefore working on a strategy to attract talented people from the Mainland and overseas to develop their careers in Hong Kong. We will take forward this plan this year.