Hong Kong’s GreenTech Hub Celebrates First Anniversary, Promoting Sustainable Innovation and Growth.

Speech by SITI at Green is Action: GreenTech Hub 1st Anniversary

Following is the speech by the Secretary for Innovation, Technology and Industry, Professor Sun Dong, on the Green is Action: GreenTech Hub 1st Anniversary right this moment (March 24):

Sunny (Chairman of the Hong Kong Science and Technology Parks Corporation, Dr Sunny Chai), Terry (Chief Executive Officer of the Hong Kong Science and Technology Parks Corporation, Mr Terry Wong), GreenTech Hub companions and tech ventures, distinguished company, women and gents,

Good afternoon. It is my honour to hitch you right this moment and witness the primary anniversary of the GreenTech Hub at InnoCentre.

The National fifteenth Five-Year Plan indicated clear help for Hong Kong to become a global I&T centre. Indeed, with our strong primary analysis capabilities and the rising consciousness of a extra inexperienced and sustainable future, Hong Kong possesses distinctive benefits in fostering the event of inexperienced expertise. As a 2025-26 Budget initiative, the Hong Kong Science and Technology Parks Corporation (HKSTPC) has developed the InnoCentre right into a GreenTech Hub. There are over 230 inexperienced tech start-ups within the HKSTPC’s ecosystem at current, with some geared up with globally aggressive applied sciences and which have efficiently tapped into Mainland and abroad markets. Over the previous 12 months, there have been additionally loads of enterprise matching, networking actions and visits organised to facilitate inexperienced expertise commercialisation and exchanges of ideas.

I want to take this chance to precise my gratitude to the HKSTPC and our educational, company and trade companions to your help of the GreenTech Hub, making it an efficient platform to advance regional and world collaboration on inexperienced expertise. With the joint efforts by all of us, I imagine the GreenTech Hub will proceed to help inexperienced tech enterprises and speed up the switch of progressive R&D breakthroughs into impactful options, thereby driving us in direction of a extra sustainable future.

Being one of many I&T flagships in Hong Kong, the HKSTPC has lengthy been offering complete help for start-ups. Through the Incubation Programme, the HKSTPC gives every I&T start-up, together with these within the inexperienced expertise sector, with as much as $1.29 million in funding. Apart from monetary subsidy, the Programme additionally gives a spread of sensible help which is important to the expansion of start-ups, reminiscent of R&D steerage, mentorship, and investor matching providers. Through constructing a vibrant ecosystem for inexperienced tech, we not solely handle environmental challenges but in addition create new job alternatives and drive financial development.

Ladies and gents, the anniversary of the GreenTech Hub right this moment is just the start. In collaboration with our three main I&T parks, the Government will proceed to put money into I&T infrastructure and foster the event of strategic industries, with a view to enhancing the general I&T ecosystem and selling interactive growth of the upstream, midstream and downstream sectors

Green is motion. Together, allow us to propel Hong Kong right into a greener, extra sustainable future. Thank you.

SJ leads authorized sector delegation to Shanghai to advertise HK-Shanghai co-operation in authorized occupation

The Secretary for Justice, Mr Paul Lam, SC, led a delegation comprising about 40 representatives from the Law Society of Hong Kong, the Hong Kong Bar Association, and native and worldwide legislation corporations to go to Shanghai for 2 consecutive days. The delegation attended a roundtable assembly to advertise Hong Kong skilled authorized providers, and met with leaders of Shanghai to facilitate exchanges and co-operation between the 2 locations.

Mr Lam started his go to programme in Shanghai yesterday (March 23). Together with the delegation, he visited the headquarters of an Internet and expertise firm in East China to study in regards to the growth and enterprise wants of Mainland enterprises.

Mr Lam then visited the Shanghai Municipal Bureau of Justice to satisfy with the Secretary of the CPC and Director-General of the Shanghai Municipal Bureau of Justice, Mr Gu Quan. They exchanged views on strengthening skilled co-operation with the authorized, arbitration and mediation sectors, and on coaching of foreign-related authorized professionals.

In the afternoon, Mr Lam and his delegation attended a roundtable assembly and networking dinner for Shanghai and Hong Kong attorneys and enterprises to advertise how Hong Kong, as a global monetary centre and worldwide authorized hub, could make use of its benefits within the frequent legislation system and authorized and dispute decision providers to help Mainland enterprises in going world. The individuals mentioned subjects together with the pattern of Mainland enterprises increasing abroad, authorized points in utilizing Hong Kong as a fundraising platform, regulation of authorized dangers in cross-boundary transactions and investments, and the dealing with of foreign-related industrial disputes.

Mr Lam mentioned that Hong Kong’s frequent legislation system is intently aligned with worldwide industrial guidelines and brings collectively a big pool of authorized and different professionals who’re aware of worldwide guidelines. Coupled with its environment friendly and honest dispute decision providers, Hong Kong can present complete skilled help to Mainland enterprises for increasing abroad, making it a really perfect springboard for Mainland corporations to go world. He expressed the hope that Hong Kong’s authorized sector will work intently with its Mainland counterparts to determine joint ventures or strategic partnerships to assist Mainland enterprises safe regular and long-term success in abroad markets.

In the morning right this moment (March 24), Mr Lam and his delegation met with Vice President of the Shanghai High People’s Court Mr Wang Guangxian to change experiences on judicial apply and strengthening expertise coaching.

Mr Lam then met with Vice Mayor of Shanghai Mr Lu Shan to study in regards to the newest developments of Shanghai and to focus on Hong Kong’s distinctive benefits of its strong common-law system and being related to the Mainland and the world underneath the “one country, two systems” precept, which might present help in authorized and different skilled service areas for Shanghai enterprises in furthering their abroad growth.

In the afternoon, Mr Lam arrived in Hangzhou and met with Vice Governor of Zhejiang Province Mr Yang Qingjiu to debate methods to strengthen co-operation and exchanges between Zhejiang and Hong Kong. The delegation will proceed its go to to Hangzhou tomorrow (March 25).