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Jan 18, 2025 | 
chinadailyhk.com | Li Xiaoyun
In response to ongoing public discussions concerning the hefty fiscal deficit, Hong Kong Financial Secretary Paul Chan Mo-po said at a forum on Friday that the special administrative region government is tackling the issue mainly by cutting expenditures, and is wary of increasing revenue through measures like raising taxes.
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Jan 15, 2025 | 
chinadailyhk.com | Li Xiaoyun
The development of new quality productive forces in Hong Kong can benefit from the city’s financial prowess and the Chinese mainland’s vibrant economic and manufacturing activities, experts and business leaders said at a forum hosted by the Hong Kong Productivity Council on Wednesday.
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Jan 14, 2025 | 
chinadailyhk.com | Li Xiaoyun
Hong Kong can harness its financial strengths and role as a bridge between the Chinese mainland and global markets to advance cross-border transition finance, industry heavyweights said at the 18th Asian Financial Forum on Tuesday.
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Jan 13, 2025 | 
chinadailyhk.com | Li Xiaoyun
More international investors are expected to head to the Chinese mainland and Hong Kong this year, driven by the nation’s improved business environment and the city’s role as a bridge, industry heavyweights said at the Asian Financial Forum (AFF) on Monday.
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Jan 8, 2025 | 
chinadailyhk.com | Li Xiaoyun
Despite uncertainties in the global economy that could raise pressure on Hong Kong and the Chinese mainland, industry insiders at a seminar hosted by the Hong Kong Export Credit Insurance Corporation said on Wednesday that the impact of these uncertainties on the city’s exports is not as significant as it may seem, and urged exporters to identify positive factors amid challenges.
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Dec 9, 2024 | 
chinadailyhk.com | Li Xiaoyun
Hong Kong’s largest artificial intelligence supercomputing center has begun operations, government-backed business hub Cyberport announced on Monday, and its computing power is expected to reach 3,000 petaflops next year to meet the AI sector’s growing demand. The first phase of the AI Supercomputing Centre will have a computing power of 1,300 petaflops this year, and will scale to 3,000 petaflops in 2025, which is roughly equivalent to processing 10 billion images an hour.
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Dec 6, 2024 | 
chinadailyhk.com | Li Xiaoyun |Xu Weiwei
HONG KONG – A concerted effort from all stakeholders is essential for driving a sustainable transition through the use of intellectual property. In this context, Hong Kong, which is doubling down on innovation and technology and having global connectivity, is well-positioned to facilitate cross-border and international IP collaboration. These observations were made by experts and industry insiders during the China Daily Asia Leadership Roundtable on Friday.
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Dec 4, 2024 | 
chinadailyhk.com | Li Xiaoyun
Business conditions in Hong Kong’s private sector improved last month although the pace of growth was slower than in October as exports declined. According to a report released by S&P Global on Wednesday, the Purchasing Managers’ Index — a barometer of economic trends in the private sector — hit 51.2 in November for the special administrative region, down from 52.2 in the previous month. The figure is based on a survey of some 400 purchasing managers in the SAR.
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Nov 28, 2024 | 
chinadailyhk.com | Li Xiaoyun
Region will benefit from partnerships as Beijing pursues high-quality development, forum hearsSoutheast Asian countries are poised to capitalize on China’s technology strengths and regional partnerships to seize the opportunities presented by technology advancements as international headwinds pose challenges to economic growth.
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Nov 28, 2024 | 
chinadailyhk.com | Li Xiaoyun
Hong Kong should seize the opportunities presented by the rise of emerging markets by deepening its international connections and strengthening advantages in finance and technology, as greater global challenges loom, heads of foreign business entities and officials said at the International Business Summit held by the Hong Kong General Chamber of Commerce on Thursday.
