Latest news with #TechnologyandIndustry
RTHK
4 days ago
- Business
- RTHK
New scheme to accelerate bedding in of tech start-ups
New scheme to accelerate bedding in of tech start-ups Sun Dong said the I&T Accelerator Pilot Scheme aims to attract renowned domestic and international start-up service providers to establish a strong base in Hong Kong. Photo: RTHK Secretary for Innovation, Technology and Industry Sun Dong said a new accelerator initiative is intended to help start-ups grow by providing funding and support, thereby promoting the development of Hong Kong as an international innovation and technology centre. Speaking on RTHK's Overview Policy programme, Sun said the I&T Accelerator Pilot Scheme aims to attract renowned domestic and international start-up service providers to establish a strong base in Hong Kong. "Many companies entering Hong Kong face an unfamiliar operating environment and high costs," he said. "The accelerator platform provides services and shares resources to reduce their costs in Hong Kong while offering more support. "We think this is a great model that is worth exploring and hope to implement this plan quickly." Sun also said the government is committed to attracting global talent by creating a conducive environment for innovation and technology with a focus on research and development (R&D). "Last year, our statistics showed that the number of people of talent engaged in scientific research in Hong Kong had reached 55,000," he said. "According to the blueprint, we will reach 100,000 in the future. "I believe that as more science and technology enterprises establish themselves in Hong Kong and large companies set up R&D centres here, our demand for talent will significantly grow." Sun said Huawei's R&D centre in Hong Kong has grown from about 300 to 400 employees two or three years ago to nearly 700 last year and that it had a target of reaching 1,000 this year and expanding to several thousand in the coming years. Likewise, he said battery giant CATL received official approval for its R&D centre at Science Park last year. "There are many other large companies," Sun said. "I believe that with the completion of these R&D centres, the demand for talents will increase, and the entire Hong Kong ecosystem will get better and better. "As long as there is an opportunity, I believe that people of talent will come."
RTHK
11-06-2025
- Business
- RTHK
'HK in talks with mainland to expand data exchanges'
'HK in talks with mainland to expand data exchanges' Sun Dong said the government is committed to developing the SAR into a global data hub. Photo: RTHK Hong Kong is in talks with mainland authorities to push data exchanges and mutual recognition as the SAR aims to develop into a global data hub, Secretary for Innovation, Technology and Industry Sun Dong said. Speaking on RTHK's Overview Policy programme, Sun said data plays a crucial role in promoting the development of both artificial intelligence and the digital economy. "We are committed to building Hong Kong as an international data hub," Sun said. "We need to maintain an accommodative and free business environment so that overseas data will continue to enter the city in confidence. On the other hand, we also hope mainland data, especially sensitive data, could cross the border to Hong Kong." With the mainland's support, personal data from the Greater Bay Area can already come to the city, Sun said. He said Hong Kong is now in talks with the mainland for a new policy, allowing cross-boundary data flow from other parts of the mainland, such as Shanghai. Hong Kong and the mainland are also working on mutual recognition of data, he added. Sun also said the government aims to boost artificial intelligence development in Hong Kong. To achieve this goal, the government has proposed establishing a data centre at Sandy Ridge in North District which is expected to boost the city's computing power, he said.
Malaysian Reserve
28-04-2025
- Business
- Malaysian Reserve
Register for Free at HK01 AI Transformation Solution Day
Empowering Enterprises to Accelerate Digital Transformation and Co-create a Smart Future HONG KONG, April 28, 2025 /PRNewswire/ — HK01 will host the first 'AI Transformation Solution Day' on May 7 (Wednesday) at the Hong Kong Convention and Exhibition Centre. Representatives from several international technology giants will attend, featuring over 20 seminars and special lectures, more than 30 companies and organizations exhibiting, and an 'AI Academy' offering expert guidance on applying ChatGPT and DeepSeek in the workplace to provide local businesses with practical AI application experiences, assisting in technology upgrade and transformation, seizing opportunities. The event will also showcase the latest AI technologies, including robots. Register now: With the wave of digitization driving AI applications across various industries, it not only enhances efficiency and reduces costs for businesses but also improves customer experiences to maintain competitiveness. Both large and small enterprises cannot overlook the opportunities brought by AI. However, due to the rapid development of AI, enterprises often encounter various challenges in application, such as low data quality, difficulty in effective integration, lack of talent for development and maintenance, and insufficient technological capabilities, hindering digital transformation. Recognizing this, HK01 is hosting the'AI Transformation Solution Day' (referred to as the 'Solution Day') for the first time, bringing together industry giants and elites to provide practical AI application solutions and strategies for local enterprises, aiding in achieving upgrade and transformation. The event has invited Professor Sun Dong, Secretary for Innovation, Technology and Industry of the Hong Kong Special Administrative Region Government, as the guest of honor, with support from nearly 30 government, institutions of higher education, and business associations, including the Innovation, Technology and Industry Bureau and the Digital Policy Office. Over 20 Seminars and Special Lectures with Renowned Guests Help Enterprises Seize Opportunities The 'Solution Day' will be hosted by the AI virtual host, engaging in real-time interaction with humans to kick off the event in a novel way. With over 20 keynote speeches, seminars, and special lectures, guest speakers include representatives from government, internationally renowned technology companies, and SMEs. Michael Yue, Managing Director and General Manager, Sales and Operations, Google Hong Kong, will share how AI seizes opportunities in the era of intelligence; Zeng Xudong, General Manager, Baidu AI Platform & Ecosystem for the Greater Bay Area, will discuss how AI technology accelerates industrial intelligence upgrading; Sophia Jin, Solution Architect, BytePlus, will provide AI application guidance through practical cases. Esteemed guests help enterprises understand the latest AI technology and trends Multiple seminars will explore the latest developments in AI technology and application trends from various perspectives, delving into how AI technology can help enterprises create more business opportunities, achieve business growth, and enhance operational efficiency. The seminars will focus on the following themes: Empowering Diverse Industries with Accelerated AI: Exploring Future Trends in Uncovering New Business Opportunities The Practice and Challenges of Transformation for SME Harnessing AI for SME: Optimizing Artificial Intelligence Strategies and Tools Bringing together industry giants, the event shares practical strategies and forward-looking perspectives with participants, including: Tony Wong, JP Commissioner for Digital Policy Digital Policy Office, Iris Feng General Manager Cisco Hong Kong, Macau, and Fan Ho, General Manager, Asia Pacific Solutions & Services Group, Lenovo, will discuss how AI helps various industries and creates future opportunities; Irina Fan Director of Research Hong Kong Trade Development Council (HKTDC), and Vincent Kan Deputy General Manager SHOPLINE Hong Kong, along with other industry elites, will help SMEs enhance competitiveness through digitization and AI technology to adapt to changing market competition; Peter Lee, Chief Technology Officer IBM China/ Hong Kong Limited, Dr Alan Cheung, Chief Director, Artificial Intelligence and Trust Technologies, ASTRI, will explore how different AI tools bring innovative development opportunities to enterprises, driving business breakthroughs and upgrades. There will also be various special lectures, analyzing real-life cases on how to undergo digital transformation in a rapidly changing business environment, and utilizing AI to enhance operational efficiency, helping enterprises optimize resource allocation, improve customer experience, and explore new business opportunities. Renowned AI experts will also teach office workers various skills in generative AI applications, demonstrating how to enhance workplace competitiveness by applying ChatGPT, DeepSeek, and other advanced techniques. A Gathering of over 30 Thematic Booths to Experience the Future of Artificial Intelligence Applications Multiple booths will be set up on-site to showcase participants the diverse application scenarios of AI technology. These booths cover various areas, including AI-driven automated dialogue marketing, cross-border e-commerce applications, and digital transformation solutions. Participating companies will demonstrate how to utilize AI technology to enhance operational efficiency, optimize customer experience, and explore new business opportunities. Several robots will also make an appearance at the event, including the Lenovo Six-legged Robot designed specifically for high-load industrial tasks. It will showcase its flexible and stable performance, allowing attendees to learn how AI-driven functions can be applied in smart factories for tasks such as automated inspections and work in high-risk environments. Furthermore, the gamified emotional education application 'Mindful Planet,' launched by HK01 in collaboration with Re:learn Education, will also be showcased at the event. The game, with a light and cute style, aims to engage elementary and middle school students in mindfulness practices and help them understand various emotions. The game plans to introduce the 'AI Tree' feature next year, utilizing artificial intelligence to analyze students' mood logs, provide personalized responses, and offer emotional support and encouragement. Participants at the 'Solution Day' will have the opportunity to be the first to experience this new feature, personally feeling how AI technology can assist students in enhancing emotional management skills and cultivating positive values. Enterprise Matching Consultation – Driving Cross-Industry Collaboration To promote cross-industry collaboration and resource integration, on-site enterprise matching consultation services will be provided, allowing enterprises to engage in in-depth discussions with technology suppliers and professional technical consultants. Participants can utilize the matching consultation to find suitable collaboration partners, receive tailored advice, and explore the application and future development potential of artificial intelligence technology in enterprises. HK01 aims to foster industry interaction through the 'AI Transformation Solution Day,' further solidifying Hong Kong's position as a pivotal hub for international artificial intelligence and data industries. HK01 AI Transformation Solution Day Details: Date: May 7, 2025 (Wednesday)Time: 10:00 am – 5:00 pmLocation: Meeting Rooms S221-S230, Hong Kong Convention and Exhibition Centre (1 Expo Drive, Wan Chai, Hong Kong)Register now at '01 Space':
South China Morning Post
25-04-2025
- Business
- South China Morning Post
Hong Kong to launch local ChatGPT-style AI tool in second half of year
Hong Kong is set to launch a locally developed ChatGPT-style artificial intelligence (AI) tool powered by DeepSeek in the second half of the year, with the platform featuring elements of the city and being able to answer 'all kinds of questions', the innovation chief has said. Advertisement Secretary for Innovation, Technology and Industry Sun Dong gave an update on the launch timeline on Friday during a Beijing-organised media tour to promote the Greater Bay Area. The new tool, named 'HKGAI V1', was developed by the Hong Kong Generative AI Research and Development Centre (HKGAI) under the government's InnoHK innovation programme. The tool is capable of delivering instant responses to user queries through a chatbot interface. Users can input commands to access information or generate specific content such as travel itineraries, meeting notes, music and videos. 'The system can answer all kinds of questions,' Sun said, adding that it would feature local characteristics reflecting the values of Hong Kong, including the 'one country, two systems' governing principle. Advertisement He also expressed his hope that the tool could serve the Chinese community overseas. HKGAI V1 is the first in the world to be based on the DeepSeek full-parameter fine-tuning research model.
South China Morning Post
11-04-2025
- Business
- South China Morning Post
Hong Kong seeks to attract US-listed mainland firms amid trade war
Several US-listed mainland Chinese companies have reached out to the Hong Kong government amid the escalating trade war, the city's innovation minister has said, while calling for the financial hub to seize opportunities created by the crisis to showcase its international appeal. Advertisement Secretary for Innovation, Technology and Industry Sun Dong weighed in on the intensifying US-China tensions at the legislature on Friday, the same day Beijing increased tariffs on US imports to 125 per cent in retaliation for Washington's decision to raise duties on Chinese goods to 145 per cent. During a special Financial Committee meeting of the Legislative Council, lawmaker Elizabeth Quat Pei-fan asked the government to try to attract Chinese-American tech talent and US-listed Chinese firms that were seeking to leave the North American country amid the US-trade war. '[The government] could consider building a green lane to facilitate the listing of high-quality Chinese tech firms in Hong Kong. This can boost Hong Kong's stock market while advancing Hong Kong's tech development,' Quat said. US Treasury Secretary Scott Bessent reportedly declined to rule out the possibility that Washington might delist Chinese stocks from US exchanges. He also warned Beijing against trying to devalue its currency as a way to respond to the new tariffs. Advertisement In response to the lawmaker, Sun said: 'In reality, there are quite a few mainland companies listed on the Nasdaq that have recently reached out to us through different means. In this time, Hong Kong must leverage its unique advantages – freedom, openness and internationalism.'
