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Paul Chan: Hong Kong to Launch Public Consultation on Its First Five-Year Plan Next Week, Focusing on the Two Strategic Directions of "AI+" and "Finance+"
Svmuu News: Paul Chan, Financial Secretary of the Hong Kong Special Administrative Region Government, announced in a blog post that the SAR Government will launch a two-month public consultation on Hong Kong’s first five-year plan next week on June 15. This plan aims not only to boost economic momentum and promote better application of technology, but also to foster a more inclusive and equitable society, where citizens enjoy more quality job opportunities and a better quality of life. “AI+” and “Finance+” are two strategic directions worthy of in-depth exploration. AI is no longer confined to the innovation and technology sector itself; it plays a crucial role in enhancing the competitiveness of industries across the board. In the financial sector, it can strengthen data analysis, risk management, and customer service. Meanwhile, “Finance+” entails leveraging Hong Kong’s full-chain financing capabilities, including building a more robust patient capital system to inject momentum into the development of cutting-edge technology companies.
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