Hong Kong tech chief sets June deadline for Hetao cross-border talent flow
Cross-boundary talent flows within the Hetao innovation hub will be launched by June next year at the latest, Hong Kong’s technology minister has said, after the city’s leader pledged to enable the free movement of data by the end of this year. Secretary for Innovation, Technology and Industry Sun Dong revealed the deadline while also discussing how semiconductor production, due to begin at the…
Hong Kong's technology minister, Sun Dong, has announced a deadline of June 30, 2025, for the launch of cross-border talent flows within the Hetao innovation hub, following the city's promise to enable free data movement by year-end. The minister highlighted how semiconductor production, set to commence at the Hong Kong Microelectronics Research and Development Institute (MRDI) this year, could lead to scientific insights and facilitate mass production within the Greater Bay Area.
Sun emphasized the urgency of starting a pilot scheme for data flows as soon as possible, with the deadline set for June 30 next year. The Hong Kong Park, part of the Hetao Shenzhen-Hong Kong Science and Technology Innovation Cooperation Zone, has seen an 80% leasing rate for its flagship launch pad, housing the United Nations Industrial Development Organization's center of excellence on global advanced manufacturing and the Life and Health Technology Research Institute.
The government has received bids for the remaining parcels from semiconductor, AI, and quantum technology companies. The city's five-year plan envisions a "one river, two banks" and "one zone, two parks" approach, with the zone forming a "north-central-south" development paradigm. Sun also revealed that trial chip production at MRDI would aid enterprises in addressing technical challenges and testing products before large-scale manufacturing across the border, under the "Hong Kong trial production, bay area mass production" strategy.
The institute, based at Yuen Long InnoPark and leading Hong Kong's first national manufacturing innovation center, has secured significant funding and is expected to handle more than 50 cooperation cases annually once fully operational. To support start-ups and industry growth, the government plans to establish a HK$10 billion innovation and technology industry-oriented fund by year-end, expecting private sector contributions to create a total pool of HK$40 billion.
Written by urgent.news from South China Morning Post - Hong Kong's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
