HK’s First Five-Year Development Plan to Hinge on Mainland Collaboration, Says Sun Dong

Hong Kong’s first five-year development plan will place strong emphasis on deepening collaboration with the mainland in industry, academia, and research sectors to drive innovation, Secretary for Innovation, Technology and Industry Sun Dong said.

Speaking at a forum on aligning Hong Kong with the nation’s 15th Five-Year Plan, Sun highlighted the Hetao Shenzhen-Hong Kong Science and Technology Innovation Co-operation Zone as a key platform for advancing technological development in the Greater Bay Area.

“The first three buildings have already attracted about 80 technology enterprises. The remaining five buildings are expected to be completed within this year, and the rest of the land parcels will be released shortly,” he said.

Sun added that the Hong Kong government is seeking approval from mainland authorities to allow the phased flow of data and research samples into the co-operation zone, with the aim of accelerating innovation.

He also noted that Hong Kong is actively building a microelectronics ecosystem to support the country’s broader technological ambitions under the Digital China initiative.

Meanwhile, two pilot production lines at the Hong Kong Microelectronics Research and Development Institute are expected to commence operations by the end of this year.