Chen Maobo: Hong Kong is gradually developing into an international innovation hub that combines the advantages of finance, technology, and intellectual property.

date
01/09/2025
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GMT Eight
This development model with clear orientation, concentrated resources, and converging policies has achieved remarkable results in the past few years, and gradually evolved into an international innovation hub that combines advantages in finance, technology, and intellectual property rights.
On August 31st, Hong Kong Financial Secretary Paul Chan Mo-po published a blog post stating that the SAR government has placed the development of innovation and technology at the strategic core position for many years, and has consistently promoted the construction of the software and hardware of innovative technology through the four driving forces of education, technology, talent, and investment. This clear direction, focused resources, and policy convergence development model has achieved significant results in the past few years, gradually developing into an international innovation hub that combines the advantages of finance, innovation and intellectual property. It can be said that after years of effort, Hong Kong has not only become a hub for the output and accelerated growth of innovative technology, but also provides efficient value creation for global innovation resources, making technology transformable, innovation tradable, and investment protected. In fact, intellectual property is gradually developing into a high-value industry globally. In addition to protecting research and development investment and value creation of inventors and technology companies through patent applications, intellectual property can also be traded through professional valuation or used as collateral for fundraising. Intellectual property, as a promising emerging industry, also demonstrates the efficient development supported and promoted by the integration of innovation and finance. Paul Chan Mo-po continued to say that looking ahead, Hong Kong will further leverage the unique advantages of "one country, two systems", deepen cooperation with sister cities in the Guangdong-Hong Kong-Macau Greater Bay Area, enhance its function as an international innovation hub, and play a key role in the global innovation chain to make a greater contribution to building a strong country in science and technology. In short, the SAR government has placed a strategic focus on the development of innovation and technology, using the four driving forces of "education, technology, talent, and investment" to systematically promote the construction of the hardware and software of innovative technology. This clear direction, focused resources, and policy convergence development model has achieved significant results in recent years, gradually developing into an international innovation hub that combines the advantages of finance, innovation, and intellectual property.