SITI Seeks Collaboration Opportunities with New Zealand at China Business Summit in Auckland

SITI attends China Business Summit in Auckland, New Zealand

The Secretary for Innovation, Technology and Industry, Professor Sun Dong, began his visit to Auckland, New Zealand, today (June 25, Auckland time) and attended the China Business Summit co-organised by the Auckland Business Chamber and NZINC.

Before the summit, Professor Sun met with the Prime Minister of New Zealand, Mr Christopher Luxon, and briefed him on the fact that Hong Kong is striving to develop into an international innovation and technology (I&T) centre under the clear support of the National 15th Five-Year Plan. Hong Kong possesses unique advantages in areas including AI, life and health technology and fintech, and there is immense room to deepen I&T collaboration with New Zealand. Professor Sun cordially invited research and development (R&D) institutions, start-ups and professional talent to settle in Hong Kong and seize the opportunities brought by the development of the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) and the country. Mr Luxon welcomed the Hong Kong delegation and expressed the hope that the two places can further enhance pragmatic co-operation in the I&T field.

In his keynote speech during the summit, Professor Sun outlined to the audience that Hong Kong is transforming from an international financial centre to a vibrant international I&T centre. He said that Hong Kong proactively promotes economic diversification and creates joint prosperity in the era with complex geopolitical situations.

Professor Sun highlighted Hong Kong's strategic I&T infrastructure, including the newly opened Hong Kong Park of the Hetao Shenzhen-Hong Kong Science and Technology Innovation Co-operation Zone last year and the San Tin Technopole under planning. These two initiatives will form a bridge connecting global technology talent and enterprises with the GBA market of a population of 88 million and its well-developed supply chain. He also said that Hong Kong has identified AI as a core industry and is fully committed to promoting new industrialisation.

Professor Sun said that Hong Kong is a gateway to Asia's innovation frontier. New Zealand companies can reach out to the Chinese Mainland and expand to the Association of Southeast Asian Nations and the broader Asia-Pacific. Hong Kong has a highly open and free economy, a robust legal framework, a simple and low tax regime, strong intellectual property protection, ease of capital raising, and world-class logistics and infrastructure and is a trusted partner, a platform and a bridge to New Zealand.

Professor Sun also met with the Minister of Agriculture, Minister of Forestry, Minister for Trade and Investment and Associate Minister of Foreign Affairs of New Zealand, Mr Todd McClay. Professor Sun briefed him on Hong Kong's latest I&T developments and measures to promote new industrialisation. Both sides exchanged views on I&T policies and on strengthening investment and co-operation opportunities between the two places.

Professor Sun also called on the Ambassador Extraordinary and Plenipotentiary of the People's Republic of China to New Zealand, the Cook Islands and Niue, Dr Wang Xiaolong, and the Consul-General of the People's Republic of China in Christchurch, Ms He Ying, to introduce the latest progress of the Hong Kong Special Administrative Region Government in promoting I&T development, as well as Hong Kong's proposal to align with the National 15th Five-Year Plan, and to elaborate on Hong Kong's continuous efforts in actively integrating into the overall layout of the country's new industrialisation.

Professor Sun visited Heidi Health, an Australian medical-AI company, in Melbourne, Australia, before departing for Auckland, New Zealand, on June 24. The company is dedicated to transforming clinical workflows through intelligent automation, with its core technologies focusing on using AI to generate medical notes and support diagnostic reasoning. Professor Sun encouraged the company to further expand its business operations in Hong Kong and strengthen collaboration with local universities as well as R&D institutions.

Professor Sun will continue his visit to Auckland, New Zealand, on June 26 (Auckland time).

The Secretary for Innovation, Technology and Industry, Professor Sun Dong (third left), visited Heidi Health, an Australian medical-AI company, in Melbourne, Australia, before departing for Auckland, New Zealand, on June 24. Source: HKSAR Government Press Releases

The Secretary for Innovation, Technology and Industry, Professor Sun Dong (left), called on the Ambassador Extraordinary and Plenipotentiary of the People's Republic of China to New Zealand, the Cook Islands and Niue, Dr Wang Xiaolong (right), today (June 25, Auckland time). Source: HKSAR Government Press Releases

The Secretary for Innovation, Technology and Industry, Professor Sun Dong, attended the China Business Summit 2026 in Auckland, New Zealand, today (June 25, Auckland time). Photo shows Professor Sun delivering a keynote speech at the summit. Source: HKSAR Government Press Releases

The Secretary for Innovation, Technology and Industry, Professor Sun Dong (left), met with the Minister of Agriculture, Minister of Forestry, Minister for Trade and Investment and Associate Minister of Foreign Affairs of New Zealand, Mr Todd McClay (right), today (June 25, Auckland time). Source: HKSAR Government Press Releases

The Secretary for Innovation, Technology and Industry, Professor Sun Dong (right), met with the Prime Minister of New Zealand, Mr Christopher Luxon (left), today (June 25, Auckland time). Source: HKSAR Government Press Releases

Adjustment in ceiling prices for dedicated LPG filling stations in July 2026

The Electrical and Mechanical Services Department (EMSD) today (June 25) announced an adjustment to the auto-LPG (liquefied petroleum gas) ceiling prices for dedicated LPG filling stations from July 1 to July 31, 2026, in accordance with the terms and conditions of the contracts for dedicated LPG filling stations.

The Electrical and Mechanical Services Department (EMSD), Photo source: reference image

A department spokesman said that the adjustment on July 1, 2026, would reflect the movement of the LPG international price in June 2026. The adjusted auto-LPG ceiling prices for dedicated LPG filling stations would range from $4.56 to $5.50 per litre, amounting to an increase of$0.07 to $0.08 per litre.

The spokesman said that the auto-LPG ceiling prices were adjusted according to a pricing formula specified in the contracts. The formula comprises two elements - the LPG international price and the LPG operating price. The LPG international price refers to the LPG international price of the preceding month. The LPG operating price is adjusted on February 1 and June 1 annually according to the average movement of the Composite Consumer Price Index and the Nominal Wage Index.

The auto-LPG ceiling prices for respective dedicated LPG filling stations in July 2026 are as follows:

Location of Dedicated LPG Filling Station

Auto-LPG Ceiling Price in July 2026 (HK$/litre)

Auto-LPG Ceiling Price in June 2026 (HK$/litre)

Kwai On Road, Kwai Chung

4.56

4.49

Sham Mong Road, Mei Foo

4.63

4.56

Wai Lok Street, Kwun Tong

4.69

4.61

Cheung Yip Street, Kowloon Bay

4.73

4.66

Ngo Cheung Road, West Kowloon

4.74

4.67

Yuen Chau Tsai, Tai Po

4.80

4.72

Tak Yip Street, Yuen Long

4.91

4.84

Hang Yiu Street, Ma On Shan

4.93

4.86

Marsh Road, Wan Chai

4.94

4.87

Fung Mat Road, Sheung Wan

4.97

4.89

Yip Wong Road, Tuen Mun

5.07

4.99

Fung Yip Street, Chai Wan

5.50

5.43

The spokesman said that the details of the LPG international price and the auto-LPG ceiling price for each dedicated LPG filling station had been uploaded to the EMSD website (www.emsd.gov.hk) and posted at dedicated LPG filling stations to enable the trades to monitor the price adjustment.

Details of the pricing adjustment mechanism for dedicated LPG filling stations can also be viewed under the "What's New" section of the department website at www.emsd.gov.hk/en/what_s_new/current/index.html.

Photo source: reference image