Hong Kong lays out three major development directions for AI. Secretary for Commerce and Economic Development, Edward Yau Tang-wah, says they will provide patient and in-depth capital support for cutting-edge technology and innovation applications.

date
18:41 13/04/2026
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GMT Eight
The Financial Secretary of Hong Kong, Paul Chan Mo-po, proposed three major directions during his speech at the Asia-Pacific Summit of the World Internet Conference: "AI +", "Finance +", and the construction of a "Data and Innovation Application Hub".
Paul Chan Mo-po, financial secretary of Hong Kong, proposed three major directions in his speech at the Asia-Pacific Summit of the World Internet Conference: "AI+," "Finance+," and the establishment of a "hub for data and innovation applications." In terms of the "Finance+" strategy, Hong Kong will leverage its status as an international financial center with a comprehensive range of financing products to provide patient and in-depth capital support for cutting-edge technology and innovation applications, assisting technology companies in seizing the window of opportunity for digital transformation. The construction of the "hub for data and innovation applications" will harness Hong Kong's unique role as a convergence point for "data, talent, and capital" between the mainland and the international community, promoting new applications targeting local, mainland, and global markets. Paul Chan Mo-po stated that in the "AI+" aspect, efforts will be made to promote the widespread application of artificial intelligence in both the public and private sectors. The government has established the "Artificial Intelligence Industry Development Strategy Committee," chaired by Chan Mo-po, to bring together industry, academia, and research forces, and implement a "nationwide AI training" program while attracting international talent. In the "digital intelligence era," Chan Mo-po emphasized the need for enhanced exchange, sharing of experiences, establishment of good practices, and expansion of pragmatic cooperation among all parties to ensure that technological progress advances on a sustainable, responsible, and inclusive path. Hong Kong is willing to deepen cooperation with regional and international partners to seize this historic opportunity together.