Core Insights - The 28th Beijing-Hong Kong Cooperation Conference serves as a platform for the Huairou District delegation to showcase its "hard technology" capabilities and explore collaboration opportunities with Hong Kong's international advantages [1] Group 1: Collaboration Opportunities - The Huairou District delegation visited Hong Kong Cyberport, which hosts over 400 tech companies, including 10 newly listed firms this year, highlighting the potential for collaboration in the tech sector [3] - A significant opportunity was identified between Hong Kong Cyberport's AI supercomputing center and Huairou Science City’s large scientific facilities, indicating a natural complementarity in their capabilities [3] - Discussions included specific areas for collaboration such as joint research in key technologies and talent exchange programs [3] Group 2: Academic Partnerships - The delegation's visit to the Hong Kong University of Science and Technology (HKUST) revealed potential for collaboration in semiconductor and sensor research, leveraging Huairou's major national research facilities [4] - Initial cooperation discussions focused on research talent exchange and the use of large scientific instruments, aiming to establish a regular communication mechanism for future joint research [4] Group 3: Financial Support for Innovation - The delegation engaged with Far East Horizon, a comprehensive group spanning finance and industry, to explore solutions for financing challenges faced by tech startups in Huairou [4] - Far East Horizon's vice president indicated plans to discuss the establishment of a tech investment fund to support Huairou's industrial development in high-end instruments [4] - The essence of the exchange was captured in the statement that cooperation between Huairou and Hong Kong is not a "multiple-choice question," but rather an "addition question," emphasizing the mutual benefits of collaboration [4]

Group 1 - The Chief Executive of Hong Kong, John Lee, emphasized that the 2025 Policy Address focuses on improving people's livelihoods, covering nine key areas including housing, transportation, healthcare, and social welfare [1][8] - The government plans to increase public housing supply and land development to meet long-term economic needs and housing demands [1][8] - The government aims to promote the development of AI and data science industries, positioning Hong Kong as a global AI development hub [1][43] Group 2 - Hong Kong has established mature financing channels, including angel investment, venture capital, private equity, and IPOs, effectively connecting global capital with quality projects [2][45] - The Hong Kong Investment Management Company has invested in several AI enterprises and will continue to support the AI industry [2][45] - The government is promoting AI business applications, with initiatives like the AI sandbox program to enhance financial system security [2][48] Group 3 - The new capital investment scheme requires applicants to invest at least HKD 30 million, with adjustments to the property investment criteria to encourage more investments [3] - The government is implementing a stablecoin issuer system and developing a licensing framework for digital asset trading and custody services [3] Group 4 - The government will establish the "Northern Metropolis Development Committee" to accelerate the development of the Northern Metropolis, which is seen as a new economic engine for Hong Kong [27][28] - The government plans to simplify administrative procedures and introduce rapid approval systems to enhance construction efficiency in the Northern Metropolis [30] Group 5 - The government aims to attract high-value industries and enterprises to Hong Kong through flexible land allocation, tax incentives, and funding support [56][59] - The focus will be on promoting advanced manufacturing, life sciences, and AI industries to create quality job opportunities and enhance economic benefits [56][61]

Core Insights - Hong Kong is promoted as a key business hub and innovation center for AI and robotics, leveraging its unique advantages under the "One Country, Two Systems" framework [1][2] - The Hong Kong government is actively enhancing its AI ecosystem through various initiatives, including the establishment of research centers and funding policies [2] Group 1: Hong Kong's Business Advantages - Hong Kong is positioned as the most international city in the Greater Bay Area, serving as a "super connector" between mainland China and global markets [1] - It is recognized as the world's freest economy and Asia's leading international financial center, facilitating seamless connections between domestic and international capital markets [1] - The city offers world-class R&D facilities, a diverse talent pool, and strong government support for innovation and technology [1] Group 2: AI and Robotics Development Initiatives - Recent initiatives include the launch of an AI supercomputing center at Cyberport and the InnoHK innovation platform, which hosts 15 research centers focused on AI and robotics [2] - The government is establishing a generative AI research center aimed at developing open-source and self-training AI models [2] - Various funding and talent acquisition policies are in place to support innovation technology companies in Hong Kong [2]

Core Points - China Mobile International Limited (CMI) and Hong Kong Cyberport signed a memorandum of cooperation to promote the development of the artificial intelligence (AI) industry in Hong Kong and enhance industry collaboration, aiming to establish Hong Kong as an international innovation and technology center [1][2] Group 1 - The collaboration between CMI and Hong Kong Cyberport aims to create an efficient and collaborative computing power system to support more enterprises and align Chinese standards with global standards [2] - The partnership is seen as a significant step in the development of Hong Kong's science and technology ecosystem, leveraging the advantages of both parties in the AI field, including the computing resources of the AI supercomputing center at Hong Kong Cyberport [2] - The initiative is expected to create more development opportunities for startups and industry partners in Hong Kong, promoting the city as a hub for the digital Silk Road [2]

Group 1 - Hong Kong government positions AI as a key industry, leveraging its status as an international data hub to foster innovation and development in AI and data within the Greater Bay Area [1] - The collaboration between Hong Kong Cyberport, Guangzhou Data Exchange, and China Unicom International aims to promote cross-border data cooperation, focusing on sectors like financial risk control, healthcare, and cross-border trade [2] - The Hong Kong government has signed a memorandum with the National Internet Information Office to facilitate cross-border data flow in the Greater Bay Area, enhancing data security and compliance [2] Group 2 - The Hong Kong government plans to establish a research institute to guide AI innovation and application, aligning with the national "AI+" strategy [3] - An open data platform provides over 5,500 datasets from various government departments and agencies, promoting transparency and innovation in data usage [3] - The Cyberport will launch the largest AI supercomputing center in Hong Kong by the end of 2024, supporting startups from R&D to market promotion [3] Group 3 - The Hong Kong government has allocated HKD 3 billion for a three-year AI funding program, with approximately HKD 300 million already granted to projects in various fields, including large language models and synthetic biology [4] - As of June 2023, over 90% of the computing power from the approved projects has been utilized, indicating strong engagement with the AI supercomputing center [4]

Core Viewpoint - Artificial Intelligence (AI) is positioned as a key industry for Hong Kong, with the government aiming to leverage its status as an international data hub to foster AI innovation and development in the Greater Bay Area [1]. Group 1: Cross-Border Data Cooperation - On July 17, Hong Kong Cyberport signed a memorandum of cooperation with Guangzhou Data Exchange and China Unicom International to promote a collaboration model of "mainland incubation, Hong Kong implementation," bringing mature data application scenarios and enterprises from the mainland to Hong Kong [3]. - The cooperation covers areas such as financial risk control, healthcare, cross-border trade, and low-altitude economy, providing technical platforms and compliance support to help enterprises expand into local and overseas markets [3]. - The Hong Kong government has been actively promoting cross-border data flow security in the Greater Bay Area, signing a memorandum with the National Internet Information Office in 2023 to facilitate data movement [3]. Group 2: AI Industry Ecosystem Development - The Hong Kong government plans to establish a research and development institute in the 2025-2026 fiscal budget to guide and support AI innovation and application, promoting upstream R&D and downstream result transformation [5]. - The government has been enhancing data transparency and reliability, encouraging safe and efficient data usage to create value, and has made over 5,500 datasets available through an open data platform [5]. - The government released the "Data Governance Principles" last year to improve data quality and reliability, promote data sharing, and strengthen data protection [5]. Group 3: Digital Port and AI Support Initiatives - Cyberport, as Hong Kong's digital technology center and AI hub, will launch the largest AI supercomputing center in Hong Kong by the end of 2024, supporting startups from R&D to market promotion [6]. - The Hong Kong government allocated HKD 3 billion for a three-year "AI Funding Scheme," with approximately HKD 300 million already granted to about 10 projects covering areas like local large language models and synthetic biology [6]. - As of June 30 this year, over 90% of the computing power from the approved projects has been utilized, demonstrating the active engagement in AI development [6].