GZ-HK Innovation Center Opens to Spur GBA Industrial Transformation, Says Tech Chief
Thestandard · 1 SOURCESabout 3 hours ago2 MIN
Summary
The Guangzhou-Hong Kong New Quality Productivity Empowerment Centre officially opened on Wednesday, establishing a new platform for cross-border innovation cooperation between the two cities. Secretary for Innovation, Technology and Industry Sun Dong highlighted Hong Kong's strengths in international connectivity, research capabilities and financing channels at the ceremony. The centre, jointly established by the Hong Kong Productivity Council and the Guangzhou Municipal Development and Reform Commission, aims to accelerate industrial transformation in the Greater Bay Area.
Key Points
- The centre was jointly established by the Hong Kong Productivity Council and the Guangzhou Municipal Development and Reform Commission to regularize cooperation in industry and innovation .
- Sun Dong emphasized that Hong Kong offers unique advantages in international connectivity, research capabilities and diverse financing channels for companies seeking global expansion .
- Guangzhou contributes a strong industrial base, comprehensive manufacturing system and wide range of application scenarios to support business development .
- The centre will focus on frontier sectors including life and health technology, artificial intelligence and future manufacturing for R&D commercialization .
- Hong Kong Productivity Council chairman Sunny Tan stated the centre will help tackle technical challenges and establish joint platforms for developing standards .
Why It Matters
The centre represents a significant step toward institutionalizing GBA cooperation, building on the long-standing partnership between Guangzhou and Hong Kong. By combining Hong Kong's financing channels with Guangzhou's manufacturing capabilities, it could accelerate the commercialization of research and help enterprises expand into overseas markets. This initiative is expected to inject fresh momentum into Greater Bay Area development.
The centre represents a significant step toward institutionalizing GBA cooperation, building on the long-standing partnership between Guangzhou and Hong Kong. By combining Hong Kong's financing channels with Guangzhou's manufacturing capabilities, it could accelerate the commercialization of research and help enterprises expand into overseas markets. This initiative is expected to inject fresh momentum into Greater Bay Area development.