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From Factories to Future: HKPC Drives Tech Evolution

Image Credits: HKPC, Press Release
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Hong Kong Productivity Council (HKPC) organised the “Hong Kong Got Industries: Strategic Alliance Showcase” to enlighten the public on Hong Kong’s strides in new industrialisation development. The event, attended by the Secretary for Innovation, Technology and Industry, and the Chairman of HKPC, featured leaders from over 40 multinational and local companies across various sectors. These entrepreneurs shared how HKPC’s initiatives propelled their progress in new industrialisation.

Image Credits: HKPC, Press Release

The gathering dubbed the “Hong Kong Got Industries: Strategic Alliance Showcase,” assembled industry leaders, government officials, and academic experts. Participants lauded the value of engaging with stakeholders and commended the HKSAR Government for supporting new industrialisation through funding schemes. The collaborative exchanges at the event were recognised as a catalyst for the continued advancement of new industrialisation in Hong Kong.

Hong Kong has been actively pushing for economic diversification through new industrialisation, resulting in a 4.4% rise in the index of industrial production for manufacturing industries in the third quarter of 2023. This positive development solidifies Hong Kong’s position as a global hub for Innovation and Technology (I&T).

During the event, the Secretary for Innovation, Technology and Industry expressed gratitude for HKPC’s efforts in enhancing productivity through advanced technologies and innovative services. He highlighted the pivotal role of HKPC in driving new industrialisation and acknowledged the positive impact on Hong Kong enterprises. Professor Sun outlined the government’s commitment to new industrialisation in the “Hong Kong Innovation and Technology Development Blueprint” and announced optimisations to the “New Industrialisation Funding Scheme.”

The Chairman of HKPC stressed that Hong Kong’s new industrialisation focuses on areas like the Internet of Things, artificial intelligence, new materials, and smart production processes. The goal is to attract high-end manufacturing suited for Hong Kong’s development, fostering competitiveness through I&T. HKPC has collaborated with local enterprises, implementing over 1,200 smartification projects in the Greater Bay Area, spanning more than 25 industries.

HKPC pledged to support the government’s “Competing for Talents and Enterprises” policies, assisting companies in establishing operations in Hong Kong. The organisation aims to spearhead strategic emerging industries, facilitate connections among enterprises, and establish business networks to integrate into Hong Kong and the nation’s development blueprint.

The showcase highlighted success stories of companies leveraging HKPC’s funding schemes to upgrade and transform their processes. Sunny Hose, a Japanese-owned company in Hong Kong, achieved smart production by integrating digital control, data acquisition, remote monitoring, and industrial AI. The result was a 40% reduction in waste, boosting profitability and meeting ESG standards. Similarly, 2 Plus 3 (HK) Industrial Company increased production capacity ninefold with a smart production

The Showcase serves as a testament to Hong Kong’s push into the future of technology-driven industrialisation. The city’s commitment to fostering innovation and technology is not just a strategic vision but a tangible reality, as evidenced by the success stories shared at the event.

With initiatives like the optimised “New Industrialisation Funding Scheme” and a clear focus on areas such as the Internet of Things, artificial intelligence, and smart production processes, Hong Kong is positioning itself as a regional tech powerhouse.

As the city propels forward, embracing digital and smart manufacturing, it not only burnishes the esteemed “Made in Hong Kong” brand but also solidifies its status as a global epicentre for cutting-edge technological advancements. The collaborative efforts between government, industry leaders, and organisations like HKPC underscore a shared commitment to leveraging technology for sustainable economic growth, making Hong Kong a beacon of innovation in the rapidly evolving landscape of global industries.


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