Boost for regional IP trading leader

Source: Assainir, relancer et développer ensemble : les orientations du 18e gouvernement

Chief Secretary Chan Kwok-ki

With the support of our country through the National 14th Five-Year Plan, Hong Kong is committed to becoming a regional intellectual property (IP) trading centre.

 

And we are on our way. To illustrate with an example: a Hong Kong-based startup, specialising in electricity-free cooling technology, has attracted nearly $100 million in its Series A round financing, taking full advantage of Hong Kong’s robust IP protection and extensive distribution networks.

 

Partnering with local and international companies, it is advancing new technology research and development (R&D), expanding its product portfolio and bringing its technology to the global market.

 

And it is only one of many Hong Kong success stories making use of their IP rights to generate growth.

 

I invite you to check out Radio Television Hong Kong’s IP: New Opportunities programme for more inspiring Hong Kong stories. The success of these businesses is a testament to IP trading’s power in driving economic growth and job creation.

 

The early stages of R&D require vigorous IP protection. And Hong Kong is committed to supporting our innovators. We are planning to establish a World Intellectual Property Organization Technology & Innovation Support Centre in Hong Kong, which is expected to commence operation by next year at the earliest. It will provide essential services to help our local entrepreneurs and businesses protect and commercialise their innovations.

 

Our goal is to make it easy for our entrepreneurs and businesses to go from product concept to market launch, offering expert guidance, support and resources.

 

And we are working to make it easy for you, too. Our “patent box” tax incentive, up and running since July, has reduced tax rates on qualifying IP profits from 16.5% to 5%. That can only encourage more R&D and IP trading.

 

Our strategy for ensuring Hong Kong’s rise as a regional IP trading leader is built on two key pillars.

 

First, enhancing IP infrastructure. We will update the Copyright Ordinance and revamp the registered design regime to meet demand, today and tomorrow. Legislative amendments will also be proposed to streamline IP litigation, allowing our courts to manage such cases more effectively.

 

Second, we are building an IP-savvy workforce. Our Intellectual Property Department will work with the Qualifications Framework Secretariat to develop IP training materials for 23 industries. It will also advance our plans to introduce regulatory arrangements for local patent agents.

 

Hong Kong’s IP strategy is evolving in a global context. As an international financial, trade and logistics centre, Hong Kong has long emphasised the importance of collaboration and knowledge sharing.

 

And we will continue to do so, engaging with the world, particularly our Association of Southeast Asia Nations (ASEAN) neighbours and countries along the Belt & Road, in sharing best practices and staying at the forefront of IP trends.

 

Chief Secretary Chan Kwok-ki gave these remarks at the Business Intellectual Property Asia Forum on December 5.

Two major aviation milestones made

Source: Assainir, relancer et développer ensemble : les orientations du 18e gouvernement

Secretary for Transport & Logistics Lam Sai-hung

Following the completion of the annual flagship event, Hong Kong Maritime Week last week, the Transport & Logistics Bureau welcomed two major aviation milestones this week, propelling Hong Kong’s aviation development into a new era.

Three-Runway System Commissioned

The Three-Runway System at Hong Kong International Airport (HKIA), which began consultation in 2011 and construction in August 2016, is comparable in scale to building a new airport next to the existing one. Just two days ago (November 28), the Three-Runway System was put into operation. The three runways can now operate simultaneously: The South Runway, the new North Runway which commenced operations in November 2022, and the Centre Runway, which was reconfigured from the original North Runway. This development provides a broader dimension for Hong Kong’s aviation growth, allowing HKIA to handle approximately 120 million passengers and 10 million tons of cargo annually starting from 2035.

At the beginning of the Three-Runway System project, I exchanged views with the then Transport & Housing Bureau from an engineering perspective on how the Government could monitor the implementation of the project while I was at the Highways Department. Now, in my new position as the Secretary for Transport & Logistics, I am both excited and moved to witness the triumphant completion of the Three-Runway System. I would also like to take this opportunity to thank everyone who has contributed to the project, especially the frontline workers. This mega project, completed on time and within budget despite the unprecedented challenges of the three-year pandemic, confirms that Hong Kong’s engineering management standards are truly world-class.

The Three-Runway System is not only a significant mega infrastructure but also a key component of Hong Kong’s economic development. HKIA connects to nearly 200 global destinations at the moment, and the added capacity allows for further expansion of the aviation network, strengthening HKIA’s connectivity, increasing passenger and cargo flow, and creating vast opportunities and economic value for the airport city and surrounding sectors such as business, tourism, trade and logistics. This will generate numerous job opportunities and inject new momentum into the economy and people’s livelihoods.

Hong Kong-Zhuhai Co-operation

The momentum of HKIA also extends to the Guangdong-Hong Kong-Macao Greater Bay Area (GBA), contributing to the world-class airport cluster mentioned in the Outline Development Plan for Guangdong-Hong Kong-Macao Greater Bay Area.

Since 2006, the Airport Authority Hong Kong (AAHK) started to manage the Zhuhai Airport, resulting in a significant increase in passenger volume, making the Zhuhai Airport one of the major airports in the GBA. The collaboration between the AAHK and Zhuhai Airport elevated to the next level on Tuesday (November 28), with the AAHK acquiring a 35% stake in Zhuhai Airport for approximately RMB4.3 billion. I also attended the signing ceremony in Zhuhai to witness this memorable moment.

Last December, AAHK launched the “Fly via Zhuhai-HK” service, utilising Zhuhai Airport’s domestic air network to connect directly to HKIA via the Hong Kong-Zhuhai-Macao Bridge, in an air-land-air multimodal transport model that links the two regions’ aviation networks. As of the end of October, nearly 40,000 passengers have used this innovative service. AAHK plans to expand this service to more cities in the Mainland, invite participation from more airlines, and explore extending the service hours of “Fly via Zhuhai-HK”.

We will also advance other aspects of co-operation with Zhuhai, including the development of international air freight services and promoting the establishment of a high-end aviation industry cluster. The multimodal transport network established with Zhuhai and other cities in the GBA will strengthen our connections with the entire country and fully leverage our role as a super connector between the Mainland and the international community, enabling HKIA to serve the entire nation.

As noted by Director of the Hong Kong & Macao Work Office of the Communist Party of China Central Committee and the Hong Kong & Macao Affairs Office of the State Council Xia Baolong, Hong Kong must continue to develop its land, sea, and air ports. The Three-Runway System represents a remarkable achievement in airport development. Its completion will not only meet the long-term demand for air traffic but also solidify Hong Kong’s strategic position as an international aviation hub, and the AAHK’s investment in Zhuhai Airport also exemplifies the complementary advantages between Hong Kong and the GBA cities. I would like to echo the Chief Executive’s hope expressed at the Three-Runway System Commissioning Ceremony that, by leveraging the significant aviation milestones launched last week, Hong Kong’s aviation development will soar to new heights.

Secretary for Transport & Logistics Lam Sai-hung wrote this article and posted it on his blog on November 30.

Market participation in dev’t vital: CE

Source: Assainir, relancer et développer ensemble : les orientations du 18e gouvernement

Chief Executive John Lee

Hong Kong is a key gateway – a super connector and super value-adder – between the Mainland market and a world of investors. And the Northern Metropolis is a geographical manifestation of this very important role.

The Northern Metropolis enjoys an unparalleled geographical advantage of seamlessly connecting with Shenzhen, one of the most entrepreneurial and energetic cities on the Mainland.

Shenzhen and Hong Kong, together with Guangzhou, Macau and seven other cities in southern China, form the Guangdong-Hong Kong-Macao Greater Bay Area (GBA). The GBA brings together a population of 86 million and a combined gross domestic product that rivals that of the world’s 10th-largest economy.

The Loop, an area that straddles across the boundary between Hong Kong and Shenzhen, will be developed into an international innovation and technology hub. With the Loop, and other development areas in the pipeline, the Northern Metropolis will become a region that radiates beyond geographical boundaries.

Taking forward a development of this scale, and gravitas, requires the efforts and resources of all sectors of our community. Yes, the development of the Northern Metropolis will be government-led, but market participation is just as vital.

The private sector could participate in land development by multiple means. We will be trying out a large‑scale land‑disposal approach in three pilot areas: Hung Shui Kiu, Fanling North and San Tin Technopole.

In each of these areas, a relatively large parcel of land will be put to tender. Each parcel will feature elements of commercial value, as well as infrastructure works or government facilities. The three sites are different in scale and components, suiting varying commercial interests and risk appetite. I am confident that this would provide the private sector with a brand-new and efficient way to participate in our development and, in turn, benefit our society as a whole.

Ladies and gentlemen, I look forward to your active participation in the development of the Northern Metropolis. Together, we will realise that bright future for your businesses, for the Northern Metropolis, and for Hong Kong.

Chief Executive John Lee gave these remarks at the Signing Ceremony for Enterprise Participation in Northern Metropolis Development on November 29.

HK committed to fighting tech crime

Source: Assainir, relancer et développer ensemble : les orientations du 18e gouvernement

Chief Executive John Lee

It has been 20 years since Hong Kong last hosted a regional conference of the International Association of Prosecutors, and it is an honour to do so again this year. Hong Kong, I want you to know, has come a long, good way over these past two decades.

 

For the next few minutes, I am happy to update you on Hong Kong, and how our distinguished legal sector is working to protect the people of Hong Kong in this age of technology – and technology crime.

 

Under the “one country, two systems” principle, Hong Kong enjoys a unique status, unparalleled by other jurisdictions in many ways. We are a special administrative region within the People’s Republic of China, our country. At the same time, Hong Kong flourishes as a major international financial and legal hub, with deep and long-standing connections to the rest of the world. 

 

We are a city characterised by unrivalled connectivity and a free flow of information, capital, goods and people.

 

Under the Basic Law, our constitutional document, Hong Kong may make appropriate arrangements with foreign states, for reciprocal juridical assistance. We may, using the title “Hong Kong, China”, participate in international organisations and international trade agreements; and develop relations with foreign states and regions in such fields as trade, financial, shipping, communications and sports. Representatives of the Hong Kong Special Administrative Region Government may, also, participate in international organisations and conferences, as members of Chinese delegations.

 

Hong Kong is China’s only common law jurisdiction. Our legal system, resembling that of many major global financial centres, is supported by a long and established practice of the rule of law. Our courts exercise their judicial power independently, free from any interference.

 

Also free from any interference, as prescribed by the Basic Law, is the conduct of criminal prosecutions by our Department of Justice. Our prosecutors pursue justice with integrity, professionalism and passion. And we are deeply committed to international co-operation in the fight against crime.

 

This three-day regional conference of the International Association of Prosecutors, is hosted by the Prosecutions Division of the Hong Kong SAR Government’s Department of Justice. With nearly 100 high-profile prosecutors and senior legal professionals here from 25 countries and regions, this conference is testament to Hong Kong’s determination to work with the world – with you – in combatting crime.

 

The conference theme, “Effective Prosecution Service in the Technological Age”, highlights the critical importance of maintaining an innovative, connected and efficient public prosecution service in today’s digital, ever-changing world. 

 

That demands that our public prosecution departments and offices, and everyone in them, be kept abreast of the latest developments in the law, as well as society.

 

Cross-jurisdictional sharing of best practices and experience gained can make a decided difference in tackling technology crime, on an international level.

 

In Hong Kong, a highly-developed international financial centre where technology is easily accessible by all, criminals are increasingly turning to the use of cryptocurrencies, virtual assets, and technology in committing traditional crime. And crimes executed solely through technology are also on the rise.

 

That is why Hong Kong places great emphasis on the security of cyber infrastructure, in fighting technology crime, locally and internationally.

 

The Law Reform Commission of Hong Kong’s Cybercrime Sub-committee has published a consultation paper, on “Cyber-Dependent Crimes & Jurisdictional Issues”. The sub-committee’s law reform proposals centre on cyber-dependent crimes, ranging from the illegal interference and interception of computer data and systems, to possessing devices for committing a crime.

 

The recommendations, which are in varying stages of progress, are part of an ongoing, multistage focus on cybercrime and related matters. They were created to better protect individual rights, in the face of rapid developments in information technology and the Internet, and the potential for our citizens to be criminally exploited.

 

Last year, the Prosecutions Division of our Department of Justice established a Technology Crime Sub-Division. Its dedicated team of prosecutors specialise in handling and prosecuting technology crimes. 

 

The prosecutors work closely with cyber and forensic experts, and Police’s Cyber Security & Technology Crime Bureau, to combat technology crime in the city.

 

Hong Kong has been equally active in international outreach. Last September, we hosted the International Symposium on Cyber Policing, bringing together police leaders and officers from the Mainland, Macau, Interpol and 35 international jurisdictions, together with scholars and experts, all focused on cybersecurity.

 

And, just last month, we participated in the 14th China-ASEAN (Association of Southeast Asian Nations) Prosecutors-General Conference in Singapore, as part of China’s delegation to the conference. We took part in discussions, alongside Mainland colleagues, on issues related to today’s technology, as well as financial crime and its effective prosecution.

 

Ladies and gentlemen, I would like to take a moment to pay tribute to our prosecutors, from home and beyond. In the pursuit of justice, you uphold the principles of fairness, impartiality and, most importantly, the rule of law. You stay committed to safeguarding the public interest in spite of formidable challenges.

 

I take pride in Hong Kong’s excellent prosecutors. Hong Kong will continue to pursue the highest prosecutorial standards, bringing to the world stage a dedicated prosecution service, working with other jurisdictions to take on the heightened challenges of our technological age.

 

My thanks to the International Association of Prosecutors for hosting this year’s Asia and Pacific Regional Conference here in Hong Kong. I am grateful, too, to the Department of Justice for its dedicated efforts in organising this essential international gathering.

 

Chief Executive John Lee gave these remarks at the opening ceremony of the 11th Asia & Pacific Regional Conference of the International Association of Prosecutors on November 28.

New district officer named

Source: Assainir, relancer et développer ensemble : les orientations du 18e gouvernement

The Government today announced that Sandy Cheung will assume the post of District Officer (Southern) tomorrow, succeeding Francis Cheng.

Since joining the Administrative Service in 2001, Ms Cheung has served in various bureaus and departments, including the Home Affairs Department, the then Environment, Transport & Works Bureau, the Environmental Protection Department, the then Food & Health Bureau, the Education Bureau, the then Home Affairs Bureau, and the Innovation, Technology & Industry Bureau.

She was Principal Assistant Secretary at the Security Bureau before taking up the new post.

Sports Park set to host top events

Source: Assainir, relancer et développer ensemble : les orientations du 18e gouvernement

Declaring Kai Tak Sports Park (KTSP) officially open today, Chief Executive John Lee reminded the public that the venue will soon welcome top local, Mainland and international sports, music and cultural events as “Hong Kong Super March” gets underway.

Mr Lee officiated at a Grand Opening Ceremony at Kai Tak Stadium, along with other guests including Liaison Office of the Central People’s Government in the Hong Kong Special Administrative Region Director Zheng Yanxiong, Chief Secretary Chan Kwok-ki, Secretary for Culture, Sports & Tourism Rosanna Law and Chairman of the Board of Directors of the Kai Tak Sports Park Limited Henry Cheng.

Speaking at the ceremony, Mr Lee said that having once been the location of an airport in the heart of a busy city, Kai Tak has evolved to become a new global stage for sports, culture and the arts, reflecting Hong Kong’s spirit of “daring to be the pioneer” and creating unlimited horizons in a limited space.

The largest sports infrastructure project ever commissioned in Hong Kong, KTSP comprises the 50,000-seater Kai Tak Stadium, the 10,000-seater Kai Tak Arena and the 5,000-seater Kai Tak Youth Sports Ground. It encompasses 700,000 feet of retail, catering, leisure and entertainment facilities.

The Government said KTSP will boost sports development and inject impetus into related industries such as recreation, entertainment and tourism, as well as the city’s mega-event economy, thereby consolidating Hong Kong’s reputation as an events capital in Asia.

Land sale plan announced

Source: Assainir, relancer et développer ensemble : les orientations du 18e gouvernement

The Government today announced its 2025-26 Land Sale List which includes eight residential sites, involving about 4,450 flats to be put up for sale.

Unveiling the list this afternoon, Secretary for Development Bernadette Linn said taking into account the estimated land supply from government land sale, MTR Corporation and Urban Renewal Authority projects as well as private development/redevelopment projects, the private housing land supply in 2025-26 can produce about 13,700 flats.

Pursuant to the “Long Term Housing Strategy Annual Progress Report 2024” released in October 2024, the target for private housing land supply in 2025-26 is 13,200 flats, similar to the potential supply of this financial year.

No commercial site has been included on the list, considering the high vacancy rate of offices in recent years and the relatively ample supply in the next few years.

As for industrial sites, the Government has identified three pilot areas to adopt the large-scale land disposal approach, located in Hung Shui Kiu/Ha Tsuen, Fanling North and the San Tin Technopole.

Each of these pilot areas covers land for residential, industry and public facilities. The expressions of interest exercise will last until end-March, with a target to commence the tendering work progressively from the second half of 2025 to 2026.

For the first quarter of 2025-26, ie April to June this year, a site in Tuen Mun will be put up for tender, capable of producing about 525 flats.

Ms Linn said that the site is located in a mature residential neighbourhood near a light rail station and should be attractive to the market.

She reiterated that the Government will prudently roll out land in a paced and pragmatic manner for development and maintain a continuous and sustained land supply, noting that placing available sites on the list does not mean all sites are to be rolled out.

The Government will refer to the market situation and other supply sources so as to announce the Land Sale Programme on a quarterly basis. Depending on the market situation, it may also put up additional sites to respond to market changes, Ms Linn added.

Views on green transit plan received

Source: Assainir, relancer et développer ensemble : les orientations du 18e gouvernement

The Government announced today that it received 27 expression of interest (EOI) submissions for the Smart & Green Mass Transit System (SGMTS) project in the Hung Shui Kiu/Ha Tsuen and Yuen Long South New Development Areas (NDAs).

The Transport Department explained that it, together with the Transport & Logistics Bureau, invited relevant system suppliers and operators to submit EOIs for the SGMTS project in the NDAs on December 20 last year.

The department said that the EOIs, after analysis, will serve as a reference for firming up the specific requirements and designs of the SGMTS and the relevant infrastructure, as well as ascertaining the delivery mode and financial arrangements of the project.

Once it makes reference to the views gathered, the Government can explore various procurement options and review the feasibility of shortening the overall programme of the project, the department added.

The Government plans to invite tenders for the project in 2026 and award the contract in 2027.

Land resumption notices issued

Source: Assainir, relancer et développer ensemble : les orientations du 18e gouvernement

The Lands Department today posted land resumption notices for the implementation of public housing development in Area 33 of Tung Chung.

 

Fifteen private lots with a total area of about 4,700 sq m will be resumed. The land will revert to the Government in three months’ time, on May 28.

 

The Government said it will maintain close liaison with the land owners and affected parties, and properly handle compensation and rehousing matters.

Co-operation with GBA cities secured

Source: Assainir, relancer et développer ensemble : les orientations du 18e gouvernement

Financial Secretary Paul Chan today outlined a series of measures in the Budget concerning Hong Kong’s collaboration with other cities of the Guangdong – Hong Kong – Macao Greater Bay Area (GBA) on various fronts, including youth development.

As from this year, the requirements for joining the GBA Youth Employment Scheme has been relaxed so that youngsters aged 29 or below with sub-degree or higher qualifications can join, while the limit of allowance for enterprises has been increased to $12,000 per month per person for up to 18 months.

With regard to medical co-operation, the Government is seeking to establish the Real-World Study & Application Centre for the GBA Clinical Trial Collaboration Platform by Hong Kong and Shenzhen by the end of this year.

With the data from the special measure of using Hong Kong registered drugs and medical devices used in Hong Kong public hospitals in the GBA, Mr Chan explained that the aim is to accelerate approval for the registration of new drugs in Hong Kong, the Mainland and overseas, fostering research and development, clinical trials and the application of advanced biomedical technology in Hong Kong.

On the financial front, following the signing of the Memorandum of Understanding on Cross-Boundary Credit Referencing Pilots between the Monetary Authority and the People’s Bank of China, the Government will progressively expand the pilot coverage to further facilitate cross-boundary financing for enterprises.

Concerning transport and logistics, Mr Chan pointed out that 21 airlines and 125 logistics companies have participated in the sea air intermodal cargo transshipment mode under the co-operation of Hong Kong and Dongguan.

It is expected that the first phase construction of the permanent facility for the Phase 1 development of the logistics park in Dongguan will be completed within this year and the preliminary study of Phase 2 development will commence shortly.

The co-operation with GBA cities covers the construction industry as well. Mr Chan pointed out that in collaboration with Guangdong Province, the Government has successfully established the “Professional Title” evaluation mechanism for the first batch of Hong Kong engineering professionals, with the mechanism to be extended to other construction related professions with the right conditions. 

The Government will collaborate with Guangdong Province and Macau to formulate GBA standards on the skill levels for skilled workers and technicians of the construction sector, and take forward the “One Examination, Multiple Certification” arrangement.

The Financial Secretary also mentioned the development of Qianhai, saying that the Qianhai Shenzhen-Hong Kong Modern Service Industry Co-operation Zone is one of the major co-operation platforms in the bay area.

“For example, the turnover of Qianhai Mercantile Exchange, a subsidiary of Hong Kong Exchanges & Clearing, exceeded RMB100 billion over the year. It operates our country’s only offshore spot trading platform for soybeans.”

He added that the Department of Justice collaborated with the relevant Mainland authorities and achieved the extension of the measures, including the one of “allowing Hong Kong invested enterprises to choose Hong Kong as the arbitration place” to other pilot cities in the bay area, thereby providing Hong Kong investors with a more facilitative business environment.

“Hong Kong will continue to support Qianhai in trying out new policies on a pilot basis and pursuing more policy innovation and breakthroughs, with a view to promoting the successful policies to the rest of the GBA and even the entire country.”