tech · Bastillepost

John Lee Declares Innovation Tech Development a Must-Answer Question for Hong Kong

about 2 hours ago3 MIN
John Lee Declares Innovation Tech Development a Must-Answer Question for Hong Kong

Summary

Chief Executive John Lee Ka-chiu declared at a high-level forum on technology and new quality productive forces on October 13 that developing innovative technology to lead new quality productive forces is no longer a choice but a must-answer question for Hong Kong. He outlined three core directions for Hong Kong's development, emphasizing alignment with national strategies, building a comprehensive chain development pattern, and leveraging Hong Kong's unique advantages. The forum also heard from Zhang Yong, Deputy Director of the Central Liaison Office, who emphasized Hong Kong's critical role in shaping new economic drivers.

Key Points

  • Chief Executive John Lee stated that against the backdrop of accelerating global tech revolution and industrial transformation, Hong Kong must develop innovative technology to lead new quality productive forces
  • The government released Hong Kong's first Five-Year Plan last month, fully aligned with the nation's 15th Five-Year Plan, proposing to accelerate development of strategic emerging industries
  • Three core directions: first, fully align with national development strategy to serve the country's strength-building; second, build a full-chain development pattern through "government, industry, academia, research, investment" collaboration; third, leverage Hong Kong's unique advantages of being connected to both the mainland and the world
  • Hong Kong aims to become a breeding ground for global new technologies, products, and business models, while vigorously advancing new industrialization and promoting deep integration of digital and real economies
  • Key focus areas include artificial intelligence, life and health technology, and new energy, with emphasis on technological breakthroughs, industrial transformation, and high-level integration of data flows
  • Zhang Yong, Deputy Director of the Central Liaison Office, stated that Hong Kong's development of new advantages according to local conditions is crucial for shaping new economic drivers, and expressed confidence in Hong Kong's bright prospects

Why It Matters

The forum signals Hong Kong's commitment to positioning itself as a hub for new quality productive forces amid intensifying global technological competition. With the Northern Metropolis development and talent attraction policies as key enablers, Hong Kong's success in new quality productive forces will determine its future economic competitiveness and deeper integration with the nation's overall development trajectory .
The forum signals Hong Kong's commitment to positioning itself as a hub for new quality productive forces amid intensifying global technological competition. With the Northern Metropolis development and talent attraction policies as key enablers, Hong Kong's success in new quality productive forces will determine its future economic competitiveness and deeper integration with the nation's overall development trajectory .

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