Eric Ma : Hong Kong's economic growth comes from trade, finance, and innovation, with a focus on developing emerging fields such as AI, data science, and biotechnology.

Hong Kong Financial Secretary Paul Chan Mo-po said in his speech at the ASIA FINANCIAL forum that Hong Kong's three main economic growth drivers come from trade, finance, and innovation. The city is focusing on developing emerging fields such as artificial intelligence, data science, and biotechnology, believing that Hong Kong already has a strong foundation and competitive advantage. Paul Chan Mo-po stated that the development of the Northern Metropolis Area will help promote the integration of innovation technology and industrial development. The Hong Kong government has prepared a series of policy incentives to attract companies to set up in the North Metropolis, including tax incentives and discounted land prices, all of which are negotiable. The special arrangements will take into account the cutting-edge technology that companies possess, the amount of investment they bring, and the jobs they can create to strengthen Hong Kong's innovation ecosystem. He mentioned that in the past few years, over 100 companies have set up their offices in Hong Kong, bringing in investments exceeding HK$60 billion and creating over 22,000 job positions. These companies have also brought value chains that help strengthen Hong Kong's innovation ecosystem. He emphasized that Hong Kong provides comprehensive financing options to support business development, and the Hong Kong Investment Management Corporation has been established to provide patient capital for companies. He believes that Hong Kong is not only a platform for connecting capital markets but also a connector for talent and opportunities, making it a strategic partner for businesses to grow and expand internationally.