Speech by SITI at Canadian Engineering Asia-Pacific Conference - A Centennial Celebration of Engineering Excellence
Following is the speech by the Secretary for Innovation, Technology and Industry, Professor Sun Dong, at the Canadian Engineering Asia-Pacific Conference -A Centennial Celebration of Engineering Excellencetoday (January 24):
Chairman Kan (Chairman of the Iron Ring 100 Organising Committee, Mr Fred Kan), Charles (Consul General of Canada to Hong Kong and Macao, Mr Charles Edwin Reeves), deans, distinguished guests and speakers, ladies and gentlemen,
Good morning. It is my great pleasure to join all of you here at the Canadian Engineering Asia-Pacific Conference.
Today, we mark a milestone of profound significance as we celebrate the centennial of the Iron Ring, a symbol that has guided generations of Canadian engineers in their commitment to integrity, humility and service to society. As a Fellow of the Canadian Academy of Engineering, today's gathering in Hong Kong bears especial meaning to me. Like many of you, my studies and work experience in Canada have shaped my teaching and research journey in Hong Kong, and continue to inspire my work until this day.
For one hundred years, the Iron Ring has not only reminded engineers of their professional obligations, but also borne witness to the passage of time and the progress of civilisation. As we honour this century-long legacy, we must also look ahead and recognise that engineering is undergoing unprecedented transformation. The next hundred years of engineering, like the whole world, will be defined, and redefined, by innovation and technology (I&T).
Hong Kong is embracing this transformation with ambition and determination. Guided by the Hong Kong I&T Development Blueprint promulgated in 2022, the Hong Kong Special Administrative RegionGovernment is investing heavily to build a fast-growing, globally-connected I&T ecosystem powered by solid R&D (research and development) capability, world-class talents, and an increasingly vibrant startup community.
Home to five of the world's top 100 universities, Hong Kong has a rich pool of top-tier scientists, engineers, and tech talents, and possesses exceptional strengths in scientific research. Our flagship global research collaboration initiative, the InnoHK Clusters, which hosts 31 research centres, pools together over 30 world-renowned non-local universities and research institutes from 12 economies to collaborate with our local universities. The University of Waterloo and the University Health Network stand among our most valued partners, contributing Canadian excellence to Hong Kong's research landscape. To welcome more top-notch talent to Hong Kong, we have launched the Frontier Technology Research Support Scheme.
In recent years, Hong Kong has also taken decisive steps to strengthen its position in frontier technologies. Notably, we have established the Hong Kong Microelectronics Research and Development Institute in 2024 to drive third-generation semiconductor research and accelerate the transformation of R&D outcomes into industry applications. And we will also set up the Hong Kong AI Research and Development Institute within this year.
Furthermore, the Hong Kong Park of the Hetao Shenzhen-Hong Kong Science and Technology Innovation Co-operation Zone formally commenced operation last month, housing more than 60 enterprises at the moment. The Park signals our commitment to building world-class innovative platform and deepening cross-boundary collaboration. We welcome I&T talent and enterprises from around the world to join us in our I&T journey.
Over the years, Hong Kong and Canadashare many similarities and a wide range of common interests. We both thrive on engineering ingenuity, education aspiration, and a bold vision for I&T development. As we navigate an era defined by AI, robotics, and rapid technological transformation, the I&T partnership between the two economies will become ever more vital.
The presence of eight distinguished Canadian engineering deans at this conference speaks to the strength of our academic ties and the shared vision we hold for the future. Let us further strengthen the ties between Hong Kong and Canada, between engineering, innovation, and beyond.
Finally, I congratulate the organising committee on this remarkable milestone and wish you all a rewarding conference. Thank you.
Speech by SITI at Canadian Engineering Asia-Pacific Conference - A Centennial Celebration of Engineering Excellence Source: HKSAR Government Press Releases
Speech by FS at CUHK EMBA Annual Conference
Following is the speech by the Financial Secretary, Mr Paul Chan, at the CUHK EMBA Annual Conference today (May 9):
Professor Dennis Lo (Vice-Chancellor and President, the Chinese University of Hong Kong (CUHK)), Professor Lin Zhou (Dean, CUHK Business School), Macy (Chairperson of Organizing Committee, Ms Macy Chan), Michael (Chairperson of Organizing Committee, Mr Michael Chan), CUHK EMBA alumni and students, business leaders, distinguished guests and friends,
Good evening.
Addressing a room full of Executive MBA students and graduates is both an honour and a privilege. There is a particular kind of ambition in this room — one that is not content with success alone, but driven to understand it more deeply, in the belief that better ideas lead to greater impact.
That kind of commitment — to learning, to growth, to asking harder questions — is precisely what today's conversation is about.
The theme of this conference, which focuses on innovation and agile leadership, could not be more timely. Most of us here have lived through the Internet age and the smartphone revolution, which made communication faster and more seamless than anyone had imagined.
Today, the rise of AI places us at a more fundamental tipping point. Technology is not merely changing the answers — it is redefining the questions themselves.
Consider what is already within reach. An AI assistant can learn your preferences, curate a personalised shortlist, and simply ask for your confirmation. We should even ask whether the smartphone and the search engine will remain our primary gateways to the digital world, or whether something altogether new is already taking shape.
To draw an analogy, the power of technology does not lie in drawing the old map with greater precision. It lies in revealing how much of that map remains uncharted — and in showing us that entirely new maps, with new co-ordinates, are being drawn.
This redefinition is unfolding across three dimensions simultaneously.
First, the redefinition of products. Products are no longer discrete, standalone objects. A smart car is a vehicle, but also a mobile platform for data. An insurance policy can be a contract, but equally a dynamic reflection of health data. Innovation today is born from cross-sector convergence and continuous evolution.
Second, the redefinition of services. Services are no longer delivered solely by enterprises. They emerge from collaborative networks of people and AI. But the more profound shift is in what customers now expect. In the past, good service meant reaching the right person quickly. Today, customers expect a solution that anticipates their needs before articulating them. This requires a new architecture of service delivery: human and machine, with AI handling the scale, the speed, and the personalisation that no human team alone could sustain.
Third, and most importantly, the redefinition of business models. In the past, we sought optimal solutions within established frameworks — when demand rose, we expanded capacity; when service needs grew, we opened more branches. Technology invites us to break out of those frameworks entirely. Intelligent manufacturing means that "economies of scale" is no longer the only answer; flexible supply chains have made customised, on-demand production the new normal.
These three redefinitions are opening a commercial frontier unlike anything we have seen before. But if the benefits of technology accrue only to a small circle, its power remains fundamentally constrained. This brings me to the second message I want to leave with you today: inclusivity.
Inclusivity is not charity. Yet it is the smartest business strategy available. The unmet needs of the broader public represent the largest and most underserved market opportunity in existence. When you make quality healthcare, education and financial services accessible and affordable to ordinary residents, you are not serving a group in need of handouts — you are unlocking a vast market that traditional business models have consistently overlooked.
Hong Kong has a distinctive role to play here. We can be a co-architect of standards, a hub for capital, and a bridge between innovation and real-world deployment — from clinical validation of smart healthcare, to green technology financing, to regulatory sandboxes for fintech. Our contribution draws not only on institutional strengths and international networks, but on our genuine commitment to broad-based participation.
Yet inclusive products and services are only the first step. The deeper dimension is empowerment.
History reminds us that the dividends of technological revolution need to be actively guided to reach the many. In the age of steam, and again in the Internet era, early gains concentrated among capital owners and top-tier talent. But today we have the opportunity to write a different story. AI, as an amplifier of human capability, is already enabling what was previously unimaginable: a solo entrepreneur, with the right tools and the right vision, can build a unicorn.
In other words, the unit of competitive advantage is shifting — from the size of your team to the skill with which you orchestrate your tools.
Our mission should be to make that shift available to everyone. To turn individual readiness into collective prosperity, and to ensure that the productivity gains of AI flow broadly across the society.
This is precisely why, in this year's Budget, I placed such emphasis on the "AI Training for All" initiative.
We are not trying to turn everyone into an engineer. We are ensuring that workers, managers, SME (small and medium-sized enterprise) owners, and ordinary residents become capable collaborators with AI: people who can access it, use it effectively, and put it to work as their assistant.
That may sound ambitious, but consider this: if AI can one day be as intuitive as the smartphone, then mass adoption is not difficult to imagine at all. Just as computers once migrated from specialist facilities into offices and homes, AI will find its way into everyone's daily work and life.
For business leaders, it may be tempting to think of AI as "digital employee" that can replace existing workers. But think of a different framing: equipping your workforce with powerful digital assistants can achieve productivity gains, while also freeing your people to do what humans do best — create, imagine and innovate.
Companies that take those extra steps, and think those extra moves ahead, will find that an empowered workforce is also a more innovative one.
All in all, the power of technology must ultimately be measured by its contribution to inclusive growth. And inclusive growth, in the end, depends on, yes, commercial acumen — but also empathy, compassion, and the conviction that a rising tide should lift all boats. I can see that those qualities live in this room.
I will close with this thought. Someone once joked that economists know the price of everything and the value of nothing. With AI, let us never fall into the same trap — in our race to price every efficiency gain, let us not lose sight of the deeper value we are trying to create: a society where the fruits of innovation are broadly shared, and where technology lifts not just the fortunate few, but everyone willing to reach for it.
So here is my ask: let us grow the pie together. And make sure we cut it well.
Thank you very much.
Source: AI-found images
Speech by FS at CUHK EMBA Annual Conference Source: HKSAR Government Press Releases
Speech by FS at CUHK EMBA Annual Conference Source: HKSAR Government Press Releases
Source: AI-found images
