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SB holds youth leadership forum

The annual review of the Security Bureau Youth Uniformed Group Leaders Forum was held today, with Acting Chief Executive Chan Kwok-ki giving a speech.   Mr Chan reported that the forum had organised nearly 20 activities over the past year, including courses and training camps run by the bureau’s disciplined services and auxiliary services, and seminars on the country’s Constitution, the Basic Law and the Hong Kong National Security Law. It also organised visits to Beijing, Shaanxi and Greater Bay Area cities, allowing participants to learn more about national affairs and broaden their horizons.   He said he was pleased to note that the bureau plans to strengthen co-operation between the Leaders Forum and Shenzhen University to enhance exchanges between youths in Hong Kong and Shenzhen, deepening their understanding of the development opportunities in the bay area and increasing Hong Kong’s integration into national development.   Noting that members had undergone significant grow
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Alfred Sit highlights I&T opportunities

Secretary for Innovation & Technology Alfred Sit today updated the business community in Korea on Hong Kong's latest developments and opportunities in innovation and technology (I&T) during a webinar.   Mr Sit highlighted the vast opportunities brought about by the National 14th Five-Year Plan and the Guangdong-Hong Kong-Macao Greater Bay Area, and the support Hong Kong provides for technology startups.   He gave a brief account of Hong Kong's vibrant I&T developments, saying that the Government has invested over US$14 billion in the city's I&T along eight major areas in the past four years to enhance its ecosystem.   The Government's efforts have received high acclaim internationally, he added.   Citing Hong Kong as one of the most dynamic startup ecosystems in Asia, Mr Sit said that in six years' time, the number of startups in the city has tripled to around 3,400 in 2020 with 11 unicorns having emerged and a quarter of the startup founders having their country of origin outside Hong Kong.   “This international profile tells that Hong Kong not only provides prospects but also welcomes tech startups irrespective of their country of origin to develop and flourish in Hong Kong,” he noted.   The I&T chief also outlined the opportunities brought about by the Greater Bay Area.   As one of the most open and economically vibrant regions in China, the bay area plays a strategic role in supporting Hong Kong's integration into the overall development of the country.   In addition, the National 14th Five-Year Plan reaffirmed the central government's unwavering support for Hong Kong to consolidate and enhance its competitive advantages in developing into an international I&T hub.   The Government is pressing ahead with the development of the Hong Kong-Shenzhen I&T Park in the Lok Ma Chau Loop, which will be the largest-ever I&T platform in Hong Kong.   It is also working with Shenzhen to develop the Shenzhen-Hong Kong I&T Co-operation Zone with a view to establishing "one zone, two parks" at "one river, two banks" under the auspices of "one country, two systems".   Mr Sit said: “Coupled with the rule of law, Hong Kong's market-oriented economy, comprehensive intellectual property rights protection and a business-friendly environment for startups, this will certainly achieve the synergy effect.”   On attracting global I&T talent, he said the Government has rolled out schemes such as the Global STEM Professorship Scheme to attract internationally renowned scholars and tech talent and contribute to the I&T advancement in Hong Kong and the bay area.   Mr Sit noted that Hong Kong remains a place filled with abundant and exciting opportunities and will continue to prosper as an international I&T hub with a significant degree of influence in the world.   He also welcomed technology companies in Korea to set up a presence in Hong Kong to tap the opportunities.
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