Published: 21:10, May 20, 2024 | Updated: 21:33, May 20, 2024
HK Coalition proposes developing strategies for four key industries
By Fang Xue in Hong Kong
Leung Chun-ying, vice-chairman of the National Committee of the Chinese People’s Political Consultative Conference and a convener of the Hong Kong Coalition addresses the audience on the 4th anniversary of the coalition at Central Plaza in Wan Chai on May 20, 2024. (ANDY CHONG / CHINA DAILY)

The Hong Kong Coalition on Monday released its proposals to enhance the city’s trade, culture, aviation and intellectual property trading sectors — four of the eight Hong Kong industries targeted for improvement in the nation’s 14th Five-Year Plan (2021-25).

At a news conference on Monday afternoon, the NGO explained the developing strategies, which were based on the findings of several surveys over the past few years.

What Hong Kong needs is an interdepartmental digital platform powered by cloud computing, artificial intelligence, blockchain and other cutting edge technologies, the coalition said

In terms of promoting trade, the coalition suggests the Hong Kong government widely adopt digital technologies; attract more global conglomerates to establish operation, procurement and logistics offices; enhance supply-chain finance; and build a comprehensive digital platform to manage the flow of information, business, cargo and capital.

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Hong Kong should follow the lead of Singapore, which established the Networked Trade Platform in 2018 to facilitate trade-information exchanges between government departments and beyond, the coalition said. Hong Kong’s Commercial Data Interchange, launched in 2022, has much room for improvement, the coalition added.

What Hong Kong needs is an interdepartmental digital platform powered by cloud computing, artificial intelligence, blockchain and other cutting edge technologies, the coalition said. Building such a platform would also be an opportunity to enhance Hong Kong's overall digital infrastructure, it said.

Other suggestions in the trade segment include promoting cross-border e-commerce and developing a new supply-chain management center in the city.

Leung Chun-ying (front row, fourth left), vice-chairman of the National Committee of the Chinese People’s Political Consultative Conference and a convener of the Hong Kong Coalition; Wong Ying-ho (front row, first right), deputy secretary-general of the Hong Kong Coalition; Maria Tam Wai Chu (front row, third left), deputy secretary-general of the Hong Kong Coalition; and other guests pose at a news conference on the 4th anniversary of the coalition at Central Plaza in Wan Chai on May 20, 2024. (ANDY CHONG / CHINA DAILY)

For enhancing the city’s role as a cultural and art exchanges hub, researchers from the coalition urges the government to hasten the formulation of a development blueprint for cultural and creative industries.

Hong Kong also needs to establish a more-permanent cross-industry and cross-regional platform at home and abroad to further increase exchange and display the city’s opportunities to overseas talents, while actively building a city brand of Hong Kong

Authorities are also advised to set priority development directions based on the city’s strengths and industrial resources, which the coalition suggests could be art trade, artistic performances and creative industries.

Promoting collaboration of cultural industries beyond the border is important too, the coalition said. The city’s cultural industry can expand its market on the Chinese mainland, Macao, and global metropolises such as Seoul, it added.

Hong Kong also needs to establish a more-permanent cross-industry and cross-regional platform at home and abroad to further increase exchange and display the city’s opportunities to overseas talents, while actively building a city brand of Hong Kong.

For intellectual property trade, the coalition proposes that Hong Kong should focus on biomedical intellectual property valuation and related insurances.

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The coalition also advises the government to establish a high-level aviation development task force to better coordinate relevant works, improve the transportation connectivity between Hong Kong International Airport and the mainland, and relax the requirements to import labor in the aviation industry.

Speaking at the conference, Leung Chun-ying, a vice-chairman of the National Committee of the Chinese People’s Political Consultative Conference and a convener of the coalition, said Hong Kong’s social and economic activities have returned to normal, and the city is advancing from governance toward prosperity, which it an appropriate timing for the community to explore new ways to contribute to the country and Hong Kong.

Coalition Secretary-General Tam Yiu-chung said the coalition will submit the proposals to the government and translate them into English for a wider exchange of views.

 

Contact the writer at fangxue@chinadailyhk.com