Next phase in developing Hong Kong’s digital economy begins now, city’s John Lee says at tech mega event
- City leader says ‘Hong Kong government is committed to promoting I&T development in order to foster a more vibrant and diversified economy’
- Lee touts digital economy as source of opportunities for ‘growth and resilience in face of uncertainties’
Hong Kong is poised to enter the next phase of developing its digital economy, the city’s leader has said, pledging to prioritise business and investment opportunities as part of efforts to pursue high-quality growth.
Appearing at the Digital Economy Summit on Thursday, Chief Executive John Lee Ka-chiu said the two-day conference marked the first in-person mega event organised by authorities for the innovation and technology (I&T) sector since the Covid-19 pandemic began in early 2020.
The digital economy had transformed the world in unprecedented ways, creating opportunities for people to ride out the pandemic by reforming traditional business models and creating new industries, he added.
“From e-commerce and online education, to remote work and smart city innovations, the adoption of digital technologies is now part of the new normal today around the world everywhere,” he said.
“The digital economy offers a way forward for businesses and individuals alike, providing opportunities for growth and resilience in the face of uncertainties.”
Lee said Hong Kong had embarked on a new chapter of digitalised development, citing the city’s role as an international I&T centre as outlined in the country’s 14th five-year plan.
During the first session of the 14th National People’s Congress held in Beijing last month, Chinese President Xi Jinping pledged to fully implement an innovation-driven development strategy and constantly increase the country’s scientific and technological capabilities.
