Bernard Chan: Innovation and Technology is the ideal choice for young people to pursue success, and Hong Kong is the preferred destination to engage in innovation and technology.

date
18/07/2025
avatar
GMT Eight
The Financial Secretary of Hong Kong, Paul Chan, attended the Science Park event and stated in his speech that innovation and technology are areas full of business opportunities. They have now become one of the pathways for young people to pursue success, for example, DeepSeek, an outstanding entrepreneurial project initiated by young innovators.
Hong Kong Financial Secretary Paul Chan Mo-po attended the Tech Park event and stated in his speech that innovation and technology are fields full of business opportunities, and have become one of the pathways young people pursue for success. For example, DeepSeek, an outstanding entrepreneurship project initiated by young innovators. Hong Kong is the ideal choice for entering the innovation and technology field. Since the launch of the "talent grab" plan in December 2022, Hong Kong has received over 500,000 applications and welcomed over 220,000 talents. He pointed out that the Hong Kong government has made innovation and technology a policy focus, focusing on competitive advantages in areas such as artificial intelligence, biomedicine, financial technology, and new energy and materials. To accelerate the development of these areas, the Hong Kong government actively attracts world-class companies and top talents to Hong Kong, especially those involved in cutting-edge technology. The government is nurturing a vibrant startup ecosystem, providing capital support and guiding private funding support for startups through the establishment of Hong Kong Investment Companies. He also mentioned that Hong Kong, as an international financial center, provides funding support covering different stages of development, including angel investments, private equity, venture capital funds, and initial public offerings (IPOs). Besides finance, Hong Kong also has other unique advantages, such as world-class universities and research institutions, and a thriving startup ecosystem. Paul Chan Mo-po mentioned that the "Northern Metropolis" is being developed as an innovation and technology hub, with cross-border policies and convenience measures in place. The Northern Metropolis and sister cities in the Greater Bay Area, such as Shenzhen and Guangzhou, are rapidly developing into global hubs for research and development, technological innovation, commercialization, and advanced manufacturing.