Guangzhou-Hong Kong centre launched to help firms go global
SingTao · 2 SOURCESabout 3 hours ago2 MIN
Summary
The Guangzhou-Hong Kong New Quality Productive Forces Empowerment Centre was officially unveiled on August 19 as a joint initiative of the Hong Kong Productivity Council and the Guangzhou Municipal Development and Reform Commission. The platform is intended to move cooperation beyond one-off projects into a regular mechanism for industrial and innovation collaboration, while helping Guangzhou companies expand overseas through Hong Kong.
Key Points
- The launch ceremony brought together officials and business representatives, including Secretary for Innovation, Technology and Industry Sun Dong, Guangzhou development officials and HKPC chairman Chan Cho-hang
- Sun Dong said the centre should connect the innovation chain, speed up commercialisation, provide technology consulting and talent training, and support companies going global.
- Guangzhou official Wu Sa said the centre marks a new stage of platform-based, institutionalised and regular cooperation in technology and industrial innovation between the two cities.
- HKPC chairman Chan Cho-hang said a strategic cooperation memorandum was signed in March, and both sides had achieved phased results in several frontier fields within five months
- The centre will focus on full-chain innovation collaboration, future industries and outbound business support, including life and health technology, artificial intelligence and future manufacturing.
Why It Matters
For Hong Kong, the centre creates another channel to turn the city’s research, professional services and international standards into concrete business opportunities with manufacturers and technology firms from Guangzhou. It also strengthens Hong Kong’s role as a gateway for Greater Bay Area companies seeking overseas markets, financing support and international testing or certification services