Writing on his weekly blog, Chan said as all eyes are on the “Two Sessions” meetings in Beijing, the SAR also needs to expedite work in three areas to align with China’s development.
One is to speed up the technological drive and innovation for economic growth, and another is to unleash more local consumption potential by creating new experiences in spending.
The third, the minister said, is for Hong Kong to deepen international cooperation and exchanges.
Chan noted that on the mainland, digital-economic industries have grown to around 10 percent of GDP, with expansion in new industries and businesses.
“From AI models, online games, the use of robots to animation movies, there are constant breakthroughs on the mainland in terms of science, technology and cultural industries,” he wrote.
“Many new creative startups were born out of nowhere, and this is inspiring.”
The minister said Hong Kong needs to integrate the spirit of the “Two Sessions” into its social-economic development, so as to contribute more to the nation’s rejuvenation.
