Hong Kong Financial Secretary Paul Chan: Will develop AI with a dual-engine strategy.
On November 5th, the Financial Secretary of the Hong Kong Special Administrative Region, Paul Chan, stated at the Hong Kong Financial Leaders Investment Summit that Hong Kong will develop artificial intelligence through the "dual-engine strategy": on one hand, developing industries with AI as the core, and on the other hand, promoting AI to assist traditional industries and enterprises in transformation and upgrading. This strategy will focus on six key pillars: computing power, algorithms, application scenarios, data, capital, and talent. Chan pointed out that AI has truly become the core keyword of our era, reshaping people's way of life, work, and communication. He believes that AI has transcended the limits of a single industry and has become a strong enabler driving development in core areas such as finance, logistics, healthcare, and intelligent manufacturing.
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