Sunday, May 25, 2025
CN
  • About
  • Advertise
  • Careers
  • Contact
Money Compass
  • Home
  • Financial News
  • Investment News
  • Other News
    • Bursa News
    • Government News
    • Listing Companies News
    • Oversea Financial & Investment News
  • Interviews
    • Features Interviews
    • Corporate Interviews
  • Financial & Investment Articles
  • PR Newswire
  • Login
No Result
View All Result
Money Compass
Home PR Newswire

Central government backs HK as digital hub

Money Compass by Money Compass
April 17, 2025
in PR Newswire
0
Central government backs HK as digital hub
0
SHARES
3
VIEWS
Share on FacebookShare on Twitter

BEIJING, April 17, 2025 /PRNewswire/ — A news report from chinadaily.com.cn:

The Main Forum on the Digital Intelligence Future at the 2025 World Internet Conference Asia-Pacific Summit was held in Hong Kong on April 14. [Photo/wicinternet.org]
The Main Forum on the Digital Intelligence Future at the 2025 World Internet Conference Asia-Pacific Summit was held in Hong Kong on April 14. [Photo/wicinternet.org]

The central government has pledged full support for Hong Kong’s deeper integration into the global digital landscape, vowing to help the city seize emerging opportunities in the booming digital economy.

Related posts

Huawei ICT Competition 2024–2025 Global Final Concludes: AI Empowers Education Transformation and ICT Talent Development

Huawei ICT Competition 2024–2025 Global Final Concludes: AI Empowers Education Transformation and ICT Talent Development

May 24, 2025
Huawei ICT Competition 2024–2025 Global Final Concludes: AI Empowers Education Transformation and ICT Talent Development

Huawei ICT Competition 2024–2025 Global Final Concludes: AI Empowers Education Transformation and ICT Talent Development

May 24, 2025

Officials and experts made the remarks at the World Internet Conference on Monday. For the first time, the annual event launched its Asia-Pacific summit outside the Chinese mainland, placing artificial intelligence and digital technologies at center stage.

Wang Yong, vice-chairman of the National Committee of the Chinese People’s Political Consultative Conference, said digital integration is now a key force driving productivity reform and sustainable regional development.

He outlined China’s stance on digital governance, stating, “China promotes the joint building of a fair and just cyberspace and governance system with various countries. We advocate respect for each country’s network sovereignty and management models, while rejecting zero-sum games and technological bullying.”

Hong Kong Chief Executive John Lee Ka-chiu described the summit as “a testament to Hong Kong’s rising role as an international innovation and technology hub”, and said it also reflects “our deep integration with our country’s national development”.

Lee emphasized the importance of international cooperation “especially during these challenging times to geopolitics and trade relations”, reaffirming that “Hong Kong champions free trade and multilateralism.”

“Hong Kong welcomes all business interests from those who are keen to pursue developments with us in this global city,” he said.

Zhuang Rongwen, head of the Cyberspace Administration of China, said breakthroughs in new technologies such as AI are having far-reaching impacts on economic growth, social progress and the global political and economic landscape.

“Chinese research institutions and technology companies continue to introduce innovative achievements such as large language models, bringing strong momentum to the development of China, the Asia-Pacific region and the world,” he said. “This also provides opportunities for building a community with a shared future in cyberspace.”

Zheng Yanxiong, director of the Liaison Office of the Central People’s Government in the Hong Kong Special Administrative Region, called Hong Kong a “pioneer region in internet development” with long-standing strengths in finance, shipping and trade, and emerging advantages in AI research, innovation and talent.

He cited Hong Kong’s institutional innovation, bilingual capabilities, cultural openness and international connectivity as unique strengths, and urged the city to take a leading role in Asia-Pacific digital integration.

“We must accelerate the construction of the Northern Metropolis, relying on Hong Kong Science Park and Cyberport, and join forces with major cooperation platforms such as the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone, the Lok Ma Chau Loop, and Guangzhou’s Nansha District,” Zheng said.

He said such efforts would attract enterprises in the digital integration field and form industrial clusters spanning artificial intelligence, big data, cloud computing and blockchain.

Zheng also emphasized leveraging the “one country, two systems” framework to build cross-border data flow mechanisms aligned with international rules, promoting secure and orderly data circulation and resource sharing.

Nearly 1,000 delegates attended the two-day event, representing government agencies, businesses, international organizations and academia from about 30 countries and regions.

Zhang Donggang, Party secretary of the Renmin University of China, underlined the importance of talent development in the digital sector.

“The high-quality development of digital finance depends on a cohort of high-caliber, versatile professionals who understand both finance and technology,” he said.

“Only with a large number of outstanding financial talents who possess vision, responsibility and passion can we truly advance digital inclusive financial innovation and achieve sustainable development with inclusive coverage.”

On the sidelines of the conference, John Hoffman, CEO of GSMA Ltd, noted that on a global scale, artificial intelligence is emerging as a powerful force with the potential to transform businesses and society in unprecedented ways.

Over the next 10-20 years, McKinsey, a global management consulting firm, estimates that AI could bring up to $680 billion in benefits to the telecommunications industry, he said. Hoffman said the company is at the forefront of adopting AI and hopes to drive more value by empowering consumers and businesses through artificial intelligence.

 

​ 

Previous Post

BDx Achieves Certification in the NVIDIA DGX-Ready Data Center Program to Power AI Data Centres in the region

Next Post

Fliggy Launches AI Travel Assistant “AskMe” to Make Customized Travel Even More Accessible

Next Post
Fliggy Launches AI Travel Assistant “AskMe” to Make Customized Travel Even More Accessible

Fliggy Launches AI Travel Assistant "AskMe" to Make Customized Travel Even More Accessible

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

BROWSE BY CATEGORIES

  • Blog
  • Bursa News
  • Corporate Interviews
  • Features Interviews
  • Financial & Investment Articles
  • Financial News
  • Government News
  • Investment News
  • Listing Companies News
  • Oversea Financial & Investment News
  • PR Newswire

BROWSE BY TOPICS

2018 League Balinese Culture Bali United Budget Travel business Champions League Chopper Bike Doctor Terawan industrial Istana Negara Malaysia Market Stories National Exam net zero emissions targets 2025 Renewable energy Visit Bali

Recent News

  • Huawei ICT Competition 2024–2025 Global Final Concludes: AI Empowers Education Transformation and ICT Talent Development
  • Huawei ICT Competition 2024–2025 Global Final Concludes: AI Empowers Education Transformation and ICT Talent Development
  • COMPUTEX 2025: MiTAC Powers Sustainable AI Data Centers with New Server & Cooling Tech

Category

  • Blog
  • Bursa News
  • Corporate Interviews
  • Features Interviews
  • Financial & Investment Articles
  • Financial News
  • Government News
  • Investment News
  • Listing Companies News
  • Oversea Financial & Investment News
  • PR Newswire
  • About
  • Advertise
  • Careers
  • Contact

Copyright © 2024 Money Compass Media (M) Sdn Bhd. All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Features Interviews
  • Government News
  • Financial News
  • Investment News
  • Listing Companies News
  • Corporate Interviews
  • Bursa News
  • Financial & Investment Articles
  • Oversea Financial & Investment News

Copyright © 2024 Money Compass Media (M) Sdn Bhd. All Rights Reserved