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The Hong Kong Productivity Council (HKPC) applauds the successful conclusion of the 2024 National People’s Congress (NPC) and its forward-looking developmental plans, aligning with the HKSAR Government’s policy agenda. With a focus on technological innovation and green initiatives, the council aims to drive sustainable growth and enhance competitiveness in the region.
Embracing the national strategy of modernising the industrial system and advancing new-quality productivity, HKPC is poised to bolster Hong Kong’s journey towards becoming a global innovation and technology hub.
Founded in 1967, HKPC stands as a statutory body aimed at spearheading productivity advancements through cutting-edge technology and pioneering services. Championing the realms of Industry 4.0 and Enterprise 4.0, HKPC is steadfast in propelling Hong Kong’s new industrial revolution and positioning it as a global innovation centre and smart metropolis.
Chairman of HKPC, Mr Joshua Chan, underscores the significance of new quality productivity in propelling national and regional development, emphasising Hong Kong’s pivotal role as a central city within the Greater Bay Area.
Mr Chan revealed that “new quality productivity” has emerged as a pivotal concept during the two sessions, driving rapid development in the country, the Guangdong-Hong Kong-Macao Greater Bay Area, and the HKSAR.
He underscored how the national strategy provides Hong Kong with continuous momentum for growth, urging the city to leverage its unique position. Hong Kong must fulfil its role as the central city of the Greater Bay Area, serving as a core engine for regional development, and becoming a crucial gateway for the country’s advancement in new quality productivity tailored to local circumstances.
Leveraging its unique position and strengths under the “One Country, Two Systems” principle, Hong Kong is poised to spearhead the development of new industrialisation, reducing dependency on external supply chains and fostering homegrown innovation. With a focus on emerging sectors like artificial intelligence and big data, HKPC aims to support mainland enterprises in their global expansion endeavours.
The essence of new quality productivity lies in innovation, high quality, and sustainability. Combining new technologies and processes, HKPC envisions a future where smart micro-factories play a central role in Hong Kong’s industrial landscape. These micro-factories, powered by advanced technologies such as Artificial Intelligence and the Internet of Things (IoT), enable highly flexible and efficient production methods while optimising space utilisation.
As the council continues to champion technological innovation and industrial development, it aims to position Hong Kong as a global leader in new quality productivity and new industrialisation.
Secretary for Productivity underscores the government’s commitment to driving technological innovation and enhancing productivity through new quality productivity initiatives. With a focus on intelligent production, the government has facilitated over 1,200 industrial intelligence projects in the Greater Bay Area, spanning various industries from advanced materials to traditional sectors like food.
Based on past experiences and technological advancements, HKPC is dedicated to supporting local industries in adopting smart production practices and fortifying their cybersecurity defences.
Looking ahead, HKPC is poised to deepen collaboration with government, industry, academia, and research institutes to foster innovation and talent development. By leveraging its networks and resources, the council aims to attract top-notch scientific research talent and facilitate technology exchanges to capitalise on emerging opportunities.
OpenGov Asia reported that the 2024-25 Budget was well received with its focus on advancing Hong Kong’s innovation and technology sector and support for I&T ventures, talent, and economic diversity. Agencies focussed on deploying tech to advance Hong Kong all align with government policies, fortify the ecosystem, cultivate talent, and enhance the city’s I&T competitiveness.
Through initiatives like technology study tours and talent exchanges, HKPC seeks to position Hong Kong as a leading platform for new quality productivity and industrialisation, driving forward the nation’s development agenda in the digital age.