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Win-win agricultural transformation

HK

HK

HK

Win-win agricultural transformation

2025-08-17 10:34 Last Updated At:10:34

Located far in the rural area of Sheung Shui, the Tai Lung Experimental Station is the only crop experimental farm handled by the Government. This is where the Agriculture, Fisheries & Conservation Department (AFCD), in its quest to find production techniques and crop varieties fit for the local environment as a way to support the upgrading and transformation of the agriculture industry, conducts key research and trials.

Embracing technology: The Agriculture, Fisheries & Conservation Department strongly believes that integrating modern technology is essential in promoting sustainable agricultural practices. Image source news.gov.hk

Embracing technology: The Agriculture, Fisheries & Conservation Department strongly believes that integrating modern technology is essential in promoting sustainable agricultural practices. Image source news.gov.hk

Tech-driven agriculture

The station has been actively promoting organic farming, with various vegetables and fruits grown on the farm, to introduce farmers to quality crop varieties so as to enhance their productivity. It also provides a farm machinery and equipment landing service to acquaint farmers with the advantages of modern production technologies.

AFCD Agricultural Officer Calvin Cheung pointed out that the use of modernised technology to promote the sustainable development of agriculture is a global trend. It can also reduce the industry’s dependence on manpower and address the challenges posed by climate change.

“Through the use of modernised technology, we hope to drive the industry towards high-quality development,” he said.

The greenhouse in the station showcases how smart technology can help with regulating watering and temperature. In addition, the station collaborates with the Logistics & Supply Chain MultiTech R&D Centre to develop a mobile application utilising artificial intelligence technology with image recognition technology to identify and diagnose crop pest and disease problems, enabling early detection and intervention.

Locally-grown strategy

While Hong Kong mainly relies on food imports, local agricultural production primarily serves as a supplementary source. The local agriculture industry generally produces high-quality crops through intensive land use and production methods.

The department hopes that through reviving distinctive or historically significant agricultural varieties, it can provide unique selling points for local agricultural products and attract consumers.

In recent years, the department successfully reintroduced a vegetable variety named hok tau pak choy and a local rice variety called “Fa Yiu Tsai”. “Fa Yiu Tsai” was once extinct locally, but the department obtained its seeds from a seed bank in 2019 and successfully reintroduced it at the Tai Lung Experimental Station. It then distributed the seeds to local farmers to promote cultivation of the local rice variety.

Locally-grown appeal: Agriculture, Fisheries & Conservation Department Agricultural Officer Calvin Cheung maintains that reintroducing distinctive or historically significant crop varieties can attract more customers in buying local agricultural products. Image source news.gov.hk

Locally-grown appeal: Agriculture, Fisheries & Conservation Department Agricultural Officer Calvin Cheung maintains that reintroducing distinctive or historically significant crop varieties can attract more customers in buying local agricultural products. Image source news.gov.hk

Comprehensive blueprint

In its effort to promote the upgrading and transformation of the agriculture and fisheries industries towards modernisation and sustainable development, the Government announced the Blueprint for the Sustainable Development of Agriculture & Fisheries in 2023.

The blueprint outlines eight key development areas and various specific measures covering financial and infrastructure support, application of technology, and so on. It also proposes initiatives such as developing an agricultural park and promoting urban farming.

In terms of financial support, the department, through the $1 billion Sustainable Agricultural Development Fund, assists the industry to switch to a sustainable and high-value added mode of operation, thereby boosting the industry’s overall competitiveness.

The fund has also set up the Farm Improvement Scheme to subsidise farmers in purchasing new machinery and equipment, such as tillers, enabling them to farm more efficiently.

AFCD Agricultural Officer Karina Poon added that to further strengthen sales and promotion of local agricultural and fisheries products, the department plans to introduce a unified new brand in 2025-2026 to advance safe, low-carbon and premium local agricultural and fisheries products .

This new brand will establish production standards, farming methods, and a certification and traceability system to ensure quality standards are met.

Branding strategy: Agriculture, Fisheries & Conservation Department Agricultural Officer Karina Poon says the AFCD strives to establish a unified new brand that covers various locally produced agricultural and fisheries products. The new brand will ensure quality standards are met. Image source news.gov.hk

Branding strategy: Agriculture, Fisheries & Conservation Department Agricultural Officer Karina Poon says the AFCD strives to establish a unified new brand that covers various locally produced agricultural and fisheries products. The new brand will ensure quality standards are met. Image source news.gov.hk

Companies Registry releases statistics for 2025

According to the statistics released by the Companies Registry today (January 16), a total of 195,343 local companies and re-domiciled companies were newly registered in 2025. By the end of 2025, the total number of local companies and re-domiciled companies registered under the Companies Ordinance increased by 96,609 compared to 2024, reaching 1,557,103, which was an all-time high figure.

In 2025, 1,532 non-Hong Kong companies that had newly established a place of business in Hong Kong were registered under the Companies Ordinance. By the end of 2025, the total number of registered non-Hong Kong companies was 15,586, up 3 per cent compared to 2024.

The company re-domiciliation regime, implemented since May 23, 2025, has received a positive market response. By the end of 2025, the Registry had received over 420 enquiries and 30 applications. Among these, six non-Hong Kong corporations incorporated in Luxembourg, the Cayman Islands or Bermuda, including an insurance company, have been successfully re-domiciled to Hong Kong. The regime provides a simple and cost-effective pathway for non-Hong Kong incorporated companies to re-domicile to Hong Kong by eliminating the need for complicated and costly judicial procedures while preserving a company's legal identity. It ensures seamless business continuity and strengthens the competitiveness of Hong Kong as a global business and financial hub.

In 2025, the number of charges on properties of companies received for registration was 12,912, which was 6.4 per cent up from 12,137 in 2024. The number of notifications of payments and releases received for registration increased by 14.2 per cent, from 18,201 in 2024 to 20,789 in 2025.

In 2025, a total of 180 prospectuses were registered while the figure recorded in 2024 was 157.

In 2025, the total number of documents delivered for registration increased by 7 per cent to 3,360,723, compared to 3,139,906 in 2024.

In 2025, a total of 5,229,202 searches of document image records were conducted using the Registry's electronic search services, an increase of 0.7 per cent from 5,194,865 in 2024.

On the registration of limited partnership funds (LPFs), a total of 389 LPFs were newly registered in 2025. By the end of 2025, the total number of LPFs increased by 35.1 per cent compared to the end of 2024, to 1,347.

For open-ended fund companies (OFCs), 210 OFCs were newly incorporated in 2025. By the end of 2025, the total number of OFCs increased by 43.2 per cent compared to the end of 2024, to 676.

As regards the licensing of trust or company service providers under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance, a total of 760 new licences were granted by the Registry in 2025. By the end of 2025, the total number of licensees was 7,220.

Turning to the licensing of money lenders, 155 new licences were granted by the Licensing Court in 2025. By the end of 2025, the total number of licensed money lenders was 2,015.

For details of the statistics, please visit the "Statistics" section of the Registry's website (www.cr.gov.hk).

Source: AI-found images

Source: AI-found images

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