Hong Kong Innovation and Technology Bureau: The $10 billion Hong Kong Innovation and Technology Industry Lead Fund will strive to commence operations within the year.

date
27/03/2026
On March 27, the Deputy Director of the Innovation and Technology Bureau of Hong Kong, Zhang Manli, introduced at the "Beijing-Hong Kong-Macao Science and Technology Innovation Forum" at the 2026 Zhongguancun Forum annual meeting that Hong Kong actively and systematically launched a package of policy measures to strengthen the industrial foundation and enhance innovation capabilities. Specifically, this includes four aspects: firstly, establishing an "Artificial Intelligence+" Industry Development Advisory Committee to coordinate the overall strategy for the transformation of the AI industry, focusing on areas such as smart intelligence and healthcare; secondly, strengthening computing power and research support, with the Hong Kong Artificial Intelligence Research Institute set to start operations within the year and accelerating the construction of the Sha Tin Data Park; thirdly, improving capital support, aiming to put the HK$100 billion Innovation and Technology Industry Guidance Fund into operation within the year to guide social capital investment in future industries such as artificial intelligence and robotics; fourthly, building a solid security foundation, promoting the construction of a safe and trustworthy AI ecosystem, and balancing innovation development with risk prevention and control.