Budget sets out strategies to propel Hong Kong’s innovation and technology development

 

HONG KONG SAR, Radarseluma.disway.id,  - 28 February 2026 - Fast-tracking innovation and technology (I&T) development is a core feature of the 2026-27 Budget, unveiled yesterday (February 25) by Paul Chan, Financial Secretary of the Hong Kong Special Administrative Region (HKSAR).

 

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Mr Chan said Hong Kong would be stepping up support measures such as computing power, land and capital, to enhance the city's influence as a global source of original innovation."Hong Kong's strengths in innovative scientific research and commercialisation of research outcomes lie in our internationalised qualities, strong research capabilities, support of financial sector and a rich pool of high-calibre talents," Mr Chan said.

 

He added that the Government is pressing ahead with the industrialisation of artificial intelligence (AI) and deepening its integration across various industries, while encouraging wider AI application, referred to as AI+, with an initial focus on life and health technology and embodied AI.

 

 

HKSAR’s Financial Secretary, Paul Chan, sets out strategies to propel Hong Kong’s innovation and technology development

 

"I will establish and chair the Committee on AI+ and Industry Development Strategy to formulate strategies and create favourable conditions for AI to empower the transformation and development of industries," Mr Chan said.

 

Sumber: media outreach newswire