Latest news with #HongKong-ZhejiangCooperationConference
South China Morning Post
25-04-2025
- Business
- South China Morning Post
Zhejiang mission by John Lee another feather in integration cap for Hong Kong
Accelerating cross-border integration has opened up new horizons for Hong Kong to work closer with the mainland. Having forged good ties with various authorities over the past few years, Chief Executive John Lee Ka-chiu has further reinforced mainland foundations with a fruitful visit to Zhejiang. Advertisement A closer relationship with those over the border under the 'one country, two systems' principle has been a long-standing priority, with cooperation mechanisms already established with Guangdong, Shenzhen and others in the Greater Bay Area development zone. The four-day trip to Zhejiang marks another positive step for the city as it continues to reach out. The four agreements signed with local authorities, covering 51 projects across 13 areas, such as technological innovation, housing, trade partnerships, and youth development initiatives, open up new opportunities for collaboration. Apart from attending the first plenary session of the Hong Kong-Zhejiang Cooperation Conference in Hangzhou, Lee also visited tech facilities, during which he learned more about the rise of start-ups known as the 'Six Little Dragons', including AI company DeepSeek, Unitree and Deep Robotics, video game designer Game Science, brain-machine interface innovator BrainCo and 3D interior design software developer Manycore. Observers believe the research landscape and commercialisation capabilities of Hong Kong may be enhanced if tech firms can expand into the city. Lee also met Hong Kong entrepreneurs of Ningbo descent. Advertisement Last year, President Xi Jinping sent a letter urging the Ningbo group to contribute more to national modernisation. The move was seen as a reference to the then 40th anniversary of the call by late paramount leader Deng Xiaoping to mobilise entrepreneurs of Ningbo descent globally to develop the port city.
South China Morning Post
24-04-2025
- Business
- South China Morning Post
Hong Kong, Zhejiang province sign deal covering smart cities, AI and fintech
Hong Kong and mainland China's Zhejiang province, known as the country's technology stronghold, have signed a deal covering 13 key areas and 51 projects, with a focus on smart cities, artificial intelligence (AI) and fintech, according to Chief Executive John Lee Ka-chiu Advertisement The city leader also said on Thursday that both sides had set up the 'Zhejiang-Hong Kong Cooperation Conference' mechanism, designed to better harness their strengths to seize major opportunities for high-quality development and opening up, with Lee pledging support to help the province's enterprises expand overseas. The partnership memorandum was signed when Lee attended the first plenary session of the Hong Kong-Zhejiang Cooperation Conference on the third day of his visit to provincial capital Hangzhou. Those projects covered key cooperation areas such as co-building the Belt and Road Initiative , trade and investment, finance and aviation, Lee said. The belt and road strategy is China's plan to grow global trade. Meanwhile, the two sides also signed another four cooperation agreements and letters of intent covering technology innovation, housing, trade and youth development. Hong Kong and Zhejiang officials in Hangzhou. Both sides have signed a deal covering 13 areas and 51 projects. Photo: Handout Lee said the two local governments would focus on collaborating in areas such as smart cities, AI, fintech, biomedicine, microelectronics, new materials and new energy.
South China Morning Post
24-04-2025
- Business
- South China Morning Post
Hong Kong, Zhejiang province ink deal covering smart cities, AI and fintech
Hong Kong and mainland China's Zhejiang province, known as the country's technology stronghold, have signed a deal covering 13 key areas and 51 projects, with a focus on smart cities, artificial intelligence and fintech, according to Chief Executive John Lee Ka-chiu. Advertisement The city leader also said both sides had set up the 'Zhejiang-Hong Kong Cooperation Conference' mechanism, designed to better harness their strengths to seize major opportunities for high-quality development and opening up, with Lee pledging support to help the province's enterprises expand overseas. The partnership memorandum was signed when Lee attended the first plenary session of the Hong Kong-Zhejiang Cooperation Conference on Thursday, the third day of his visit to provincial capital Hangzhou. Those projects covered key cooperation areas such as co-building the 'Belt and Road Initiative', trade and investment, finance, and aviation, according to Lee. Hong Kong and Zhejiang officials in Hangzhou. Both sides have signed a deal covering 13 areas and 51 projects. Photo: Handout Meanwhile, the two sides also signed another four cooperation agreements and letters of intent covering technology innovation, housing, trade, and youth development.
RTHK
24-04-2025
- Business
- RTHK
Hong Kong, Zhejiang strengthen cooperation
Hong Kong, Zhejiang strengthen cooperation Chief Executive John Lee attended the Hong Kong-Zhejiang Cooperation Conference on Thursday, marking the establishment of a new cooperation mechanism between the two places. During the plenary session, both governments established 13 key areas of cooperation with 51 projects, including finance, aviation, and the joint development of the Belt and Road Initiative. Four cooperation agreements were signed, covering technological innovation, housing development, economic and trade cooperation, and youth development. In his speech, Lee said the new mechanism has brought cooperation between the SAR and Zhejiang province to new heights. "We will work together to promote high-quality trade development, utilising Hong Kong's advantages as an international trade centre and multinational supply chain hub, along with Zhejiang's strengths in digital economy," he said. The SAR is also nurturing emerging industries, such as life and health technology, AI and robotics, all of which Lee pointed out can be developed in synergy with Zhejiang. In a Facebook post, Lee noted the SAR is Zhejiang's largest source of investment and an important platform for the province's enterprises to go global. The CE added that he believes the exchanges between the two places will greatly benefit the nation's reform, opening up and rejuvenation. Zhejiang province party secretary Wang Hao, and executive deputy director of the Hong Kong and Macau Affairs Office Zhou Ji, also attended the meeting in Hangzhou.
