Core Viewpoint - The Hong Kong Special Administrative Region government has appointed 34 members to the Chief Executive's Advisory Group, aiming to enhance the region's economic competitiveness and integration with national strategies from July 1, 2023, to June 30, 2027 [1] Group 1: Advisory Group Composition - Notable members include Wang Xingxing, founder of Yushutech, Han Bicheng, founder of Qiangnao Technology, and Zhu Min, a senior expert committee member of the China International Economic Exchange Center [1] - The advisory group serves as a high-level consultative organization providing strategic development advice for Hong Kong [1] Group 2: Strategic Focus Areas - The advisory group will focus on three main areas: high-quality and sustainable economic development, innovation and entrepreneurship, and regional and global collaboration [1] - The aim is to seize national and global development opportunities during Hong Kong's economic transformation [1]

Group 1 - Hong Kong's tourism sector is experiencing a significant increase in visitor numbers, with 16 million visitors recorded in the first four months of the year, a 10% year-on-year increase [1] - Mainland visitors accounted for 12 million, up 8% year-on-year, while non-mainland visitors reached 4 million, marking a 17% increase [1] - The recovery of Hong Kong's air capacity is expected to sustain growth in various inbound markets, with notable increases from Australia (over 30%), Taiwan, Japan, South Korea, the Philippines, and Indonesia (over 20%), and from the US, Canada, and Europe (over 10%) [1] Group 2 - The Hong Kong government aims to enhance tourism by establishing new hotspots through a cross-departmental approach, leveraging local resources and community engagement [2] - The government plans to cater to new traveler preferences by incorporating diverse tourism experiences, including eco-tourism, cultural tourism, and culinary experiences [2] - The integration of technology, such as AR and VR, into tourism experiences is expected to enhance consumer engagement and generate greater economic benefits [2] Group 3 - The Hong Kong government is focusing on the development of the Northern Metropolis, which includes creating high-end professional services, logistics hubs, and innovation technology zones [3] - Three pilot projects are being initiated to accelerate the development of the Northern Metropolis, utilizing private sector investment for efficient area development [3] - The government aims to facilitate cross-border collaboration in technology and innovation, addressing legal and regulatory challenges to enhance the flow of people, goods, and data [3]