The Hong Kong Polytechnic University (PolyU) recently signed memoranda of understanding (MoU) with three strategic partners to further propel the “GBA PolyVentures 2025” blueprint laid down by the University to leverage PolyU’s experience in innovation and entrepreneurship education to provide the necessary support for nurturing deep tech ventures and accelerating their growth.
The collaboration also aims to translate research excellence into societal impact to contribute to the development of innovation and technology in the Greater Bay Area (GBA). The MoU was signed between PolyU and its strategic partners, namely Everbright Limited, StartupHK Fund and Hai Robotics.
PolyU’s Deputy Council Chairman noted that the signing of the MoU between PolyU and its strategic partners echoes with the needs of the Nation and leverages the strengths of PolyU and other parties in working together for the development of innovation and technology in the GBA.
One of the strategic partners is a start-up that provides autonomous case-handling robotic systems. It was founded in 2016 by a 2021 graduate Mr Richie Chen and a 2014 graduate from PolyU’s Department of Electronics and Information Engineering. The start-up witnessed rapid growth by making use of the manufacturing advantages of the GBA and benefitting from the enormous opportunities of the Mainland China market. The start-up announced recently that it has completed two rounds of financing garnering US$200 million in total, and its valuation has exceeded US$1 billion.
The Secretary for Innovation and Technology of the HKSAR Government commended the GBA PolyVentures 2025. He said that the National 14th Five-year Plan indicates clear support for Hong Kong’s development into an international I&T hub and integration into the overall development of the country.
The deepening collaboration with the Mainland, active participation in the development of the GBA and the integration into the nation’s development are pivotal to the future innovation and technology development in Hong Kong. The HKSAR Government has all along attached great importance to university-industry-research collaboration. It is hoped that the synergies generated can enhance the innovation power in Hong Kong, drive the innovation and technology development in the Guangdong-Hong Kong-Macao Greater Bay Area and contribute to national innovation and achieve high-quality technological self-reliance.
PolyU’s President stated that to further promote the development of research and entrepreneurship in the GBA and to nurture future research talents to address the market needs, PolyU continues to collaborate closely with industry partners through ‘GBA PolyVentures 2025’, providing comprehensive support for start-ups in different stages from education and incubation, to accelerating and strengthening their development.
The goal is to distil more than 300 seed stage innovation start-ups into at least 20 deep tech ventures each year and to nurture 25 impactful scale-ups in the GBA in the next few years through collaboration with strategic partners and various supporting initiatives.
According to the MoU, PolyU and the start-up will explore establishing a joint innovation centre to promote PolyU’s education in innovation and entrepreneurship, nurture talents in “New Engineering”, and conduct applied research in robotics-related topics.
Meanwhile, PolyU and Everbright Limited will invest resources to help start-ups develop through collaboration between technology and industry, provide support to promising research projects, and roll out an internship programme for nurturing innovation talents. PolyU and StartupHK Fund will co-invest in PolyU’s start-ups and help them enter the GBA market as well as launch initiatives to strengthen entrepreneurship education.
PolyU is also committed to providing high-quality education that keeps pace with the times and meets societal needs. The University will implement departmental scheme-based admissions from the 2022/23 academic year onwards, introducing two new elements of “Artificial Intelligence and Data Analysis” and “Innovation and Entrepreneurship”.
In addition, PolyU established the College of Undergraduate Researchers and Innovators and Residential College to encourage undergraduate students to conduct scientific research under the guidance of PolyU’s professors. These initiatives are all designed to inspire students’ scientific curiosity and enhance their innovation capabilities.
PolyU places high importance on nurturing technology ventures. PolyU recently signed an MoU with the Hong Kong Science and Technology Parks Corporation (HKSTP) to kick off pre-incubation at university through the PolyU Micro Fund Scheme 2.0, which provides six months of entrepreneurship training to help entrepreneurial projects enter HKSTP’s start-up incubation programme directly.
In addition, PolyU has launched two key programmes that leverage the unique advantages of the technology and innovation ecosystem in the GBA. The first is PolyU’s GBA Startup Postdoc Programme targeted at PhD graduates who are determined to start their own businesses. Under dual academic and industrial mentorship, participants can simultaneously continue with their research and start their own business for the commercialisation of their research outputs. Since the launch of the programme over a year ago, six PhD students have won nine awards in total. Six start-ups have been established to receive post-incubation support; some of them have even received angel investment. PolyU will extend the programme to both Shenzhen and Hong Kong to attract more technology and innovation talents to develop in the GBA.
The second key programme is the GBA Maker Programme for hardware start-ups. PolyU makes full use of its unique advantages and facilities in manufacturing engineering, such as PolyU’s Industrial Centre, to combine Hong Kong’s edge in innovative technology and the manufacturing capabilities of the GBA to nurture top-notch hardware start-ups.
Through “GBA PolyVentures 2025”, PolyU aims to systematically accelerate the growth of start-ups through education and incubation and ultimately contribute to the development of innovation and technology in the GBA by deepening the collaboration with strategic partners and leveraging their resources, experience and network, with the support of PolyU’s new “Entrepreneurship Investment Fund”.
Digital transformation made remarkable progress last year, with technology awareness among state agencies, businesses, and citizens significantly improving, according to the Deputy Minister of Information and Telecommunications, Nguyen Huy Dung. He stated that digital transformation has become a trend in the wake of COVID-19. It is a new engine driving the country’s socio-economic development and facilitating virus response and economic recovery. Digital technology has found its way into every governmental, economic, and social activity.
According to a news report, there has been a surge in digitisation across the country. In Da Nang, residents can register for electricity supply and pay power bills via their smartphones. Village chiefs in Lang Son are leading community-based technology groups that teach the villagers how to develop digital shops on e-commerce platforms, helping raise sales of agricultural products 174 times. In Quang Ninh, the chairman of the provincial People’s Committee has deployed a digital system to check the progress of public administrative services delivery.
An industry expert stated that at an early stage, the national digital transformation and the journey towards a digital economy and society still have a long way to go. Every person and business is increasingly aware of how digital technologies are profoundly changing the delivery of public administrative and healthcare services. The national portal for public administrative services has been operational for over a year, with nearly 3,000 services made available.
The remote medical consultation and support network Telehealth, which connects around 1,000 clinics nationwide, has bridged the gap in service quality among regions and reduced overloads at centralised hospitals. Many hospitals now provide digital health records, remote health services, and e-payments.
Do Cong Anh, the Director of the Ministry of Information and Telecommunications’ Information Technology Application, emphasised that it is not only about technology and equipment but also regulatory frameworks, policies, awareness, and personnel. Technology contributes some 20% to an organisation’s successful digital transformation while the remaining 80% depends on its awareness and how its personnel translates digital plans into reality, according to Anh.
By 2030, Vietnam sets to develop an e-government and digital economy which contributes around 30% to the GDP. The country also aims to be among the top 50 countries in e-government development and the third in ASEAN by the end of this decade. Vietnam is expected to be the fastest-growing e-commerce market in Southeast Asia by 2026, with e-commerce gross merchandise value (GMV) reaching US$56 billion by 2026, 4.5 times the estimated value of 2021.
Vietnam is at the forefront of driving change and seizing opportunities to thrive based on digital transformation in a post-pandemic future. A study surveyed about 16,700 digital consumers and more than 20 C-level employees in six Southeast Asian countries, including 3,579 survey participants from Vietnam. The report described Southeast Asia as a leader of digital transformation in the Asia-Pacific region and Vietnam as one of the best performers.
Four research projects led by scholars at City University of Hong Kong (CityU) received grants worth HK$20.26 million in total from the inaugural Green Tech Fund under the Environmental Protection Department, Hong Kong SAR Government.
Established with an allocation of HK$200 million from the Government’s 2020/21 budget, Green Tech Fund aims to boost the research into and development and applications of decarbonisation and green technologies. Addressing issues on decarbonisation, energy efficiency, green transport and air quality, CityU joined with local industries and government departments to expedite low-carbon transformation in Hong Kong.
The project led by Chair Professor of Electrical Engineering received funding worth approximately HK$6.69 million. The objective is to develop a smart power conditioner (SPC) by reusing obsolete electric vehicle (EV) batteries, termed second-life batteries. The overall aim is to improve the power quality and energy efficiency within the electrical distribution network and meet the growing demand for charging EVs.
With an artificial intelligence (AI)-empowered diagnostic framework, the SPC system can estimate the remaining useful life of batteries and the health condition of major power components in the SPC through online monitoring. In addition, the system can help reduce electronic waste by controlling the charging and discharging profiles of the batteries to prolong their life. It can also reduce the power loss of the entire electric distribution network, and solve the frequent failure problems experienced by the power capacitor in the passive harmonic filter and capacitor bank.
A grant of approximately HK$ 5.69 million was awarded to the project led by the Dean and Chair Professor of Atmospheric Environment in the School of Energy and Environment (SEE). The research team will develop two types of portable low-cost sensors for the real-time monitoring of volatile organic compounds (VOCs) in the air. Poisonous VOCs are key precursors of the ozone and suspended particulates that generate photochemical smog.
The two sensing systems that the team plans to develop will be mini metal-organic framework-based photoionisation detector sensors and metal oxide semiconductor sensors; and a portable thermal desorption-gas chromatograph-photoionisation detector system. These systems, which entail lower production costs than existing commercial monitoring devices, will help Hong Kong achieve decarbonisation targets and enhance air quality by controlling the emission of VOCs. In addition, they can be easily installed and are flexible enough for various mobile platforms that monitor VOCs at different horizontal and vertical scales.
The project led by the Director of Hong Kong Institute for Clean Energy and the Professor of Materials Science received funding worth HK$5.03 million. His team will develop highly efficient printable perovskite solar cells (PSCs) to help Hong Kong become a leading city in developing technologies for solar energy.
By developing perovskite as appropriate “ink” for printing films directly on crystalline silicon solar cells, the team aims to produce high-performance perovskite/crystalline silicon tandem solar cells that have 30% higher power conversion efficiency than conventional silicon cells. This technology can enhance the efficiency of photovoltaic systems installed on rooftops. In addition, the team will develop semi-transparent PSCs that can be used as solar windows for building-integrated photovoltaics.
The team consists of top perovskite scientists and experts in printable PSCs. It was noted, currently, more than 85% of energy in the world comes from non-renewable sources. Scientists should therefore bear the responsibility of developing new materials and technologies that will provide highly efficient and sustainable clean energy.
The Associate Professor of SEE was granted approximately HK$2.88 million for his project. Given the prevalent trend for developing green energy through the use of solar energy and water to generate hydrogen, the research team will develop a novel and large-scale photocatalyst panel for solar hydrogen evolution using water from various sources.
The team will put bismuth-based photocatalytic powder developed by Dr Ng on stainless steel plates with a transparent window as an outer frame for receiving sunlight. A thin layer of water (less than 1 cm) will be filled within the photocatalyst panels to generate hydrogen. The clean hydrogen produced by sunlight and water can generate electricity for small indoor devices.
Researchers have developed a new technique, that improves the ability of Artificial Intelligence programs to identify three-dimensional objects, and how those objects relate to each other in space, using two-dimensional images. For example, the work would help the AI used in autonomous vehicles navigate in relation to other vehicles using the 2D images it receives from an onboard camera.
We live in a 3D world, but when you take a picture, it records that world in a 2D image. AI programmes receive visual input from cameras. So if we want AI to interact with the world, we need to ensure that it is able to interpret what 2D images can tell it about 3D space. In this research, we are focused on one part of that challenge: how we can get AI to accurately recognise 3D objects—such as people or cars—in 2D images, and place those objects in space.
– Tianfu Wu, Professor of Electrical and Computer Engineering at North Carolina State University
While the work may be important for autonomous vehicles, it also has applications for manufacturing and robotics. In the context of autonomous vehicles, most existing systems rely on lidar—which uses lasers to measure distance—to navigate 3D space. However, lidar technology is expensive. And because lidar is expensive, autonomous systems don’t include much redundancy. For example, it would be too expensive to put dozens of lidar sensors on a mass-produced driverless car.
If an autonomous vehicle could use visual inputs to navigate through space, you could build in redundancy. Because cameras are significantly less expensive than lidar, it would be economically feasible to include additional cameras—building redundancy into the system and making it both safer and more robust. Specifically, the technique is capable of identifying 3D objects in 2D images and placing them in a “bounding box,” which effectively tells the AI the outermost edges of the relevant object.
The technique builds on a substantial amount of existing work aimed at helping AI programs extract 3D data from 2D images. Many of these efforts train the AI by showing it 2D images and placing 3D bounding boxes around objects in the image. These boxes are cuboids, which have eight points—think of the corners on a shoebox. During training, the AI is given 3D coordinates for each of the box’s eight corners, so that the AI understands the height, width and length of the bounding box, as well as the distance between each of those corners and the camera.
The training technique uses this to teach the AI how to estimate the dimensions of each bounding box and instructs the AI to predict the distance between the camera and the car. After each prediction, the trainers correct the AI, giving it the correct answers. Over time, this allows the AI to get better and better at identifying objects, placing them in a bounding box, and estimating the dimensions of the objects.
What sets their work apart is how they train the AI, which builds on previous training techniques. Like the previous efforts, they place objects in 3D bounding boxes while training the AI. However, in addition to asking the AI to predict the camera-to-object distance and the dimensions of the bounding boxes, they also ask the AI to predict the locations of each of the box’s eight points and its distance from the centre of the bounding box in two dimensions.
As reported by OpenGov Asia, a new report showed that Artificial Intelligence (AI) has reached a critical turning point in its evolution. Substantial advances in language processing, computer vision and pattern recognition mean that AI is touching people’s lives daily—from helping people to choose a movie to aid in medical diagnoses.
Researchers at the Indian Institute of Technology Guwahati (IIT-Guwahati) have developed 3D printed urban furniture using construction material made from local industrial wastes. The technology will cut down concrete use by 75%. According to a report, concrete 3D printing is gaining momentum in the building and construction industries. Recent developments in this field such as 3D printed modular houses, pedestrian footbridges, office buildings, public schools, and low-cost toilet units have the potential to initiate a paradigm change in construction.
A statement by the Institution said that the research group used specially developed printable concrete containing industrial wastes as binders to build 3D printed furniture with a seating height of 0.4 m, a width of 0.4 m, and arch-shaped support that was modelled and sliced using SolidWorks and Simplify3D, respectively. The entire unit was printed layer by layer at an 80 mm/s speed, with each layer having a 10 mm height. After the unit was printed, it was covered by moist gunny bags for seven days to cure before being used.
Traditionally, these structures were mould cast, which require more concrete material, labour, and formwork preparation. A representative from IIT-Guwahati noted that the Institute showcased how material-efficient structures can be produced in their lab-scale 3D printer. The goal is to design high-performance concrete mixes made from industrial wastes for printing such complex structures.
The team is now exploring underwater concrete printing and the possibility of printing functional reinforced concrete using low carbon materials. 3D printing of concrete can be a technological solution for reducing carbon footprint in the building and construction industry. The IIT-Guwahati Director explained that in the Indian context, techno-economic analyses must be carried out that not only accounts for environmental sustainability but also aspects relating to cost, quality, labour, and maintenance associated with 3D printing.
The research team believes that the on-demand, on-site 3D concrete printing will have a global impact on versatile construction applications and multi-billion-dollar markets worldwide. The future jobs will be marshalled into design, automation, servicing, and maintenance of digital systems.
Last August, scientists from the International Advanced Research Centre for Powder Metallurgy and New Materials (ARCI) revealed that they successfully managed to repair aero-engine components using 3D printing technology called Directed Energy Deposition (DED). The research team discovered that the technology significantly reduced repair costs and overhaul time. The powders for the DED 3D printing process were created by scientists on their own.
In December, the Indian Institute of Technology in Ropar (IIT-Ropar) installed an EOS M 290 metal 3D printer in its facility. It uses additive manufacturing technology known as selective laser melting to create complex geometrical featured products from various metals and alloys. The metal 3D printer will be used for research and development. This technology is unique in its ability to address existing issues in the conventional powder bed fusion process such as thermal management and slow build rate. IIT-Ropar will focus on conducting workshops and hands-on training for researchers, students, and staff on the technology process.
A thermovoltaic device that will convert infrared energy from waste heat sources into electricity is being developed by the University of South Australia (UniSA) and a green technology company in collaboration with the Innovative Manufacturing Cooperative Research Centre (IMCRC).
The $314,000 research project, based at UniSA’s Future Industries Institute (FII) in Adelaide, will leverage the green tech company’s existing beta-voltaic technology and adapt it to create an efficient cost-effective device known as ‘GenT’.
Waste heat capture and utilisation technology has been identified as a growth area on the Recycling and Clean Energy National Manufacturing Priority Roadmap and represents a key strategy for improving energy efficiency across Australia.
The Managing Director of the tech company stated that the firm was excited to be working with IMCRC and UniSA’s FII to develop a product set to advance energy efficiency across a broad range of industry sectors. He added that the GenT project epitomises the company’s focus, which is to utilise innovative manufacturing and technology to convert underutilised or waste resources into valuable products.
The IMCRC funding will enable the firm to accelerate the commercialisation of its technology by providing the resources we need to construct prototypes and determine their suitability across a range of applications.
UniSA Professor Drew Evans said that FII researchers were looking forward to supporting the company to develop and deliver an Australian technology that has the potential to become a new, renewable energy source for industry. He noted that for UniSA, the GenT project represents a new opportunity for our materials and manufacturing research to drive economic and social impact for our partners and Australia. The GenT project will utilise UniSA researchers expertise in materials R&D to help the company develop a product of significant benefit to Australia’s and the world’s energy sector.
The IMCRC Deputy CEO stated, “The 12-month project is “a great example of how the industry can effectively utilise Australian manufacturing and scientific research expertise to address industry challenges and create scalable solutions to globally relevant issues.”
The global waste heat recovery system market size was valued at US$54.3 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 8.8% from 2020 to 2027. Growing concerns about Greenhouse Gas (GHG) emissions and strict regulations to decrease carbon footprint is projected to be the key driving factors for the growth of the global waste heat recovery system (WHRS) market.
These systems are highly energy-efficient and can generate onsite electricity, as well as reduce overall operational costs. These factors are also likely to boost their demand over the forecast period. Energy-intensive industries including heavy metal manufacturing, chemical, cement, glass, and petroleum refining are some of the key application areas with substantial waste heat recovery potential.
Such systems enable the reuse of flue gases for pre-drying and co-generation in thermal power plants, which increases the thermal efficiency of the system, thereby fuelling the product demand. The presence of major industry participants, such as General Electric and Terrapin, in this region, will further boost the market growth.
The Asia Pacific is projected to be the fastest-growing region at a CAGR of 10.3% over the forecast period. The Asia Pacific was positioned as the largest FDI recipient in the manufacturing sector. Rapid industrialisation along with increasing awareness about the significance of sustainable energy in emerging markets of India and China is likely to bolster the market growth in this region.
China will promote the process of digitalisation in banking and insurance to heighten high-quality development of the sectors, the country’s banking and insurance regulator has said. Banking and insurance institutions should implement supportive digital development plans to better serve the real economy, according to a guideline recently issued by the China Banking and Insurance Regulatory Commission.
Digital transformation of business management, industrial and personal financial services, and the financial market should be strengthened. Meanwhile, more should be done to improve the data governance system as well as management, quality control, and application of data. The guideline also said that institutions should tighten management against risks, enhance data security and improve privacy protection.
China’s latest plan to grow its digital economy will empower national digital transformation, shore up innovation and enable the government to offer more equitable public services. The State Council, China’s Cabinet, unveiled the first five-year plan on the digital economy on Jan 12, highlighting the sector’s role in reshaping the global economic structure and international competition, and rolling out targets for its development through 2025.
The plan laid out measures for upgrading national infrastructure, bolstering the role of data as a production element and promoting the digital transformation of industries. By 2025, the added value of core digital economy industries is expected to account for 10% of GDP, up from 7.8% in 2020.
The plan also pledged to further open up China’s service sector, explore measures to widen market access for new business models in the digital economy and promote globalized development for emerging services such as data storage and cloud computing.
The plan has set a target of increasing China’s gigabit broadband users from 6.4 million in 2020 to 60 million in 2025 and promoting more commercial and large-scale use of 5G. According to the National Development and Reform Commission, China has developed the world’s largest optical fibre network and has the largest number of internet users, a total of 1.01 billion as of last June.
It also leads the world in the development of 5G, with a total of 1.39 million base stations and 497 million 5G device users as of last November, and it has been the world’s largest online retail market for eight consecutive years, with online sales volume hitting 6.1 trillion yuan ($961 billion) in the first half of last year, up 23.2% year-on-year.
A key focus of the initiative is to shore up innovation capacity in key technologies, as the country seeks to boost the research and development of sensors, quantum information, telecommunications, integrated circuits, key software, big data and Artificial Intelligence (AI).
China will continue to promote the healthy growth of the platform economy, encouraging companies to step up the integration and sharing of data, products and content and expand services such as online healthcare. New growth areas in the sector, such as smart sales, unmanned deliveries and smart manufacturing, will also be promoted.
As reported by OpenGov Asia, stronger tech innovation capabilities are facilitating industrial growth in China, which will help further the high-quality development of the nation’s sprawling manufacturing sector. The remark came after China’s industrial output increased 9.6% on a yearly basis in 2021, 1.5 percentage points higher than GDP growth, according to the National Bureau of Statistics.
More capital is going to the high-tech sector, which will also fuel the in-depth integration of the digital and real economies, and facilitate the high-quality development of manufacturing in China. Last year, investment in high-tech industries increased by 17.1%, 12.2 percentage points faster than total investment. Among the total, investment in high-tech manufacturing and high-tech service industries increased 22.2% and 7.9% year-on-year, respectively.
As cyber threats increase, becoming ever more sophisticated and evolving to match cyber resilience measures, new approaches and strategies are needed. Traditional ideas and methods that protect a tangible periphery no longer work, more so in the increasingly common remote workforce. These plans cannot be static but must be revisited periodically, upgraded frequently and monitored constantly.
Organisations that support the public and private sectors must be far more proactive than before, keeping a vigil on bad actors, both internal and external, foreign and domestic. Cyber resilience systems must learn to adapt to ever-morphing and clever attacks against core systems, infrastructure and equipment.
The cyberattack on the SolarWinds software build environment in December 2020 emphasises how dangerous the current landscape is and how concerned cyber resilience teams should be. The risk is no longer limited to a department or organisation but now threatens entire national functioning.
There is no doubt broad consensus and common development of sound practices across industry and government. Firm in their belief that transparency and cooperation are the best tools to help prevent and protect against future attacks, SolarWinds remains committed to sharing their learnings from the attack. Secure by Design is their guiding set of principles, with a focus on people, infrastructure and software development.
Their whitepaper, Setting the New Standard in Secure Software Development: The SolarWinds Next-Generation Build System is an excellent resource. Read on the learn more on software development and the build process improvements they’ve made in an accelerated timeline this year.