Hong Kong Promotes Innovation and Technology Opportunities During Strategic Enterprise Visits to Hangzhou and Shanghai

Director-General of Office for Attracting Strategic Enterprises visits Hangzhou and Shanghai to promote Hong Kong's advantages

The Director-General of the Office for Attracting Strategic Enterprises (OASES), Mr Peter Yan, today (May 16) concluded his visit to Hangzhou and Shanghai. It was a follow-up visit after multiple previous visits to Hangzhou and Shanghai earlier this year, and aimed to promote Hong Kong's latest developments and new opportunities in the innovation and technology industry and attract potential strategic enterprises to establish their presence in Hong Kong.

During the visit to Hangzhou from May 13 to 15, Mr Yan engaged with several leading enterprises in AI and data science, and cultural and creative industries. Additionally, he met with representatives from the Hangzhou Science and Technology Bureau to explore collaborative opportunities. The discussions focused on how Hong Kong and the Yangtze River Delta region can leverage their respective strengths to fill gaps and capitalise on research opportunities, supported by global talent.

Mr Yan stated, "Hangzhou, renowned for its dynamic technology ecosystem and advanced AI research and development capabilities, has emerged as a key innovation hub in China. The city's cultural and creative sector has experienced significant growth, particularly in the gaming industry, with recent successes like Black Myth: Wukong exemplifying its ability to fuse Chinese heritage with cutting-edge technology. We encourage more enterprises in the AI and cultural and creative industries to capitalise on Hong Kong's unique advantages to expand globally while fostering the vibrant growth of local AI and creative sectors."

Mr Yan started his visit to Shanghai on the afternoon of May 15. He highlighted the city's role as a key economic hub and leader in life and health technology, driving innovation in pharmaceuticals and healthcare. He emphasised how Hong Kong's AI and data infrastructure could drive industry growth and foster cross-border collaboration.

​

Apart from life and health technology industry leaders, Mr Yan also met with leaders of cultural and creative and advanced manufacturing industries, holding strategic discussions with the Shanghai Municipal Commission of Science and Technology to enhance the innovation ecosystem and foster high-potential ventures.

Mr Yan concluded his official visit to Shanghai this evening and returned to Hong Kong. The visit reinforced Hong Kong's role as a global innovation hub, fostering industry partnerships and cross-border collaboration to drive technological growth and economic development.

Director-General of Office for Attracting Strategic Enterprises visits Hangzhou and Shanghai to promote Hong Kong's advantages Source: HKSAR Government Press Releases

Director-General of Office for Attracting Strategic Enterprises visits Hangzhou and Shanghai to promote Hong Kong's advantages Source: HKSAR Government Press Releases

Director-General of Office for Attracting Strategic Enterprises visits Hangzhou and Shanghai to promote Hong Kong's advantages Source: HKSAR Government Press Releases

Director-General of Office for Attracting Strategic Enterprises visits Hangzhou and Shanghai to promote Hong Kong's advantages Source: HKSAR Government Press Releases

Director-General of Office for Attracting Strategic Enterprises visits Hangzhou and Shanghai to promote Hong Kong's advantages Source: HKSAR Government Press Releases

Director-General of Office for Attracting Strategic Enterprises visits Hangzhou and Shanghai to promote Hong Kong's advantages Source: HKSAR Government Press Releases

Director-General of Office for Attracting Strategic Enterprises visits Hangzhou and Shanghai to promote Hong Kong's advantages Source: HKSAR Government Press Releases

Notice on appointments to advisory and statutory bodies

A Government spokesman said today (January 12) that Mr Chan Kin-por recently sought approval from the Chief Executive to suspend his three public positions as appointed by the Chief Executive, until the completion of the work of the Independent Committee in relation to the fire at Wang Fuk Court in Tai Po (Independent Committee). Mr Chan made this request to allow himself more time to dedicate to the work of the Independent Committee. After due consideration, the Chief Executive has agreed to and approved this request. The three public positions are: (1) Chairman of Independent Commission Against Corruption Advisory Committee on Corruption; (2) Non-executive Director of Urban Renewal Authority Board; and (3) Member of Honours and Non-official Justices of the Peace Selection Committee.

On December 12, 2025, the Government established the Independent Committee to examine the causes of the incident and related issues, ascertain the facts, and make recommendations on preventing similar tragedies and on improvement measures. The Independent Committee is chaired by Mr Justice David Lok, with Mr Chan Kin-por and Dr Rex Auyeung Pak-kuen serving as members. The Independent Committee held its first meeting on December 19 last year and aims to complete its work within nine months of commencing operations.

Mr Chan Kin-por wrote earlier to the Chief Executive, expressing his wish to suspend the aforementioned three public positions until the Independent Committee completes its work, in order to dedicate more time and focus to the Independent Committee's tasks. The Chief Executive has agreed to and approved the request.

A Government spokesperson said that since the fire at Wang Fuk Court in Tai Po, both the Government and the wider community have been highly concerned about the causes of the incident and the follow-up work. The scope of the Independent Committee's work is extensive, particularly concerning systemic issues related to bid-rigging and connected interests. Given the numerous issues involved and their complex nature, the Government will fully co-operate with the Independent Committee to ensure that it can complete its work and compile its report within nine months. The Government extends its gratitude to Mr Chan for accepting the appointment as a member of the Independent Committee and for his professional and conscientious approach to the Committee's work. When the Independent Committee's work is completed, the Government looks forward to Mr Chan's continuous contribution through his aforementioned public positions.

Source: AI-found images