SCST Visits Venice Biennale, Witnessing Hong Kong's Artistic Diversity on the International Stage

SCST begins visit to Venice

The Secretary for Culture, Sports and Tourism, Miss Rosanna Law, visited the Hong Kong Exhibition at the 61st International Art Exhibition - La Biennale di Venezia (Venice Biennale) on May 6 (Venice time) and met with the two participating Hong Kong artists, Kingsley Ng and Angel Hui.

Miss Law shared her excitement at being in Venice to witness the first collaboration between the Hong Kong Museum of Art and the Hong Kong Arts Development Council (HKADC) in the Collateral Event of the 61st Venice Biennale, which jointly presents five new site-specific installations by Ng and Hui, showcasing Hong Kong's artistic diversity on the international stage.

"Fermata: Hong Kong in Venice" delves into the poetic rhythms of everyday life, resonating with the theme of this year's Venice Biennale, "In Minor Keys". Carving out a serene space, the exhibition invites visitors to slow down amid the hectic flow of life and observe intranquillity the subtle rhythms that quietly construct human existence.

Established in 1895, the Venice Biennale is the world's oldest international exhibition of contemporary visual arts. Each edition features some 100 countries and regions participating through national pavilions and collateral events. Since 2001, the HKADC has taken part in the Venice Biennale as a Collateral Event, aiming to promote Hong Kong's artistic development and foster cultural exchanges on international art platforms.

Miss Law continued her visit to Venice on May 7 (Venice time) and toured other exhibitions at the Venice Biennale, including the Italian Pavilion at the Arsenale and other themed exhibitions at the Giardini. She shared her insights with Hong Kong arts and culture media at the end of the tour.

Miss Rosanna Law started her itinerary upon arrival in Venice on May 6 (Venice time) and attended a reception hosted by Art Basel to further sustain an amicable relationship with Art Basel. The five-year collaboration arrangement between Hong Kong and Art Basel will help solidify Hong Kong's status as the exclusive regional host city and deepen the Government's partnership with the world-renowned art fair over the next five years.

The Secretary for Culture, Sports and Tourism, Miss Rosanna Law, began her visit to Venice, Italy. Photo shows Miss Law (left) attending a reception hosted by Art Basel on May 6 (Venice time). Source: HKSAR Government Press Releases

The Secretary for Culture, Sports and Tourism, Miss Rosanna Law, began her visit to Venice, Italy. Photo shows Miss Law (left) visiting the Italian Pavilion at the 61st International Art Exhibition - La Biennale di Venezia (Venice Biennale) and being briefed by a staff member on May 7 (Venice time) at the Arsenale. Source: HKSAR Government Press Releases

The Secretary for Culture, Sports and Tourism, Miss Rosanna Law, began her visit to Venice, Italy. Photo shows Miss Law (right) visiting a themed exhibition at the 61st International Art Exhibition - La Biennale di Venezia (Venice Biennale) and being briefed by a staff member on May 7 (Venice time). Source: HKSAR Government Press Releases

The Secretary for Culture, Sports and Tourism, Miss Rosanna Law, began her visit to Venice, Italy, and visited the Hong Kong Exhibition at the 61st International Art Exhibition - La Biennale di Venezia (Venice Biennale) on May 6 (Venice time). Photo shows Miss Law (left) being briefed by participating Hong Kong artist Kingsley Ng (right) about his work. Source: HKSAR Government Press Releases

The Secretary for Culture, Sports and Tourism, Miss Rosanna Law, began her visit to Venice, Italy, and visited the Hong Kong Exhibition at the 61st International Art Exhibition - La Biennale di Venezia (Venice Biennale) on May 6 (Venice time). Photo shows Miss Law (left) being briefed by participating Hong Kong artist Angel Hui (right) about her work. 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