Financial Secretary Paul Chan Mo-po emphasized that innovation and technology represent a field brimming with commercial opportunities, now serving as a viable avenue for young people pursuing success. He cited DeepSeek as a stellar example of entrepreneurship initiated by young innovators. Speaking at a Science Park event, Chan positioned Hong Kong as the ideal choice for entering the tech innovation sector. Since launching the Top Talent Pass Scheme in December 2022, the city has received over 500,000 applications, with more than 220,000 talents already arriving.

The Hong Kong government prioritizes innovation and technology, focusing resources on competitive domains including artificial intelligence, biomedicine, fintech, and new energy and materials. To accelerate progress in these fields, authorities actively attract world-class enterprises and top-tier talent—particularly specialists in cutting-edge technologies.

Hong Kong cultivates a dynamic startup ecosystem through robust capital support. The establishment of Hong Kong Investment Corporation Limited (HKIC) channels private funding toward startups. As a global financial hub, the city provides comprehensive funding solutions across all development stages—from angel investments and private equity to venture capital and IPOs.

Beyond finance, Hong Kong possesses unique advantages: world-class universities, renowned research institutions, and a thriving startup landscape. Chan highlighted the Northern Metropolis development, now transforming into an innovation powerhouse featuring cross-border policies and facilitation measures. Together with Greater Bay Area counterparts like Shenzhen and Guangzhou, this zone is rapidly evolving into a global nexus for R&D, technological advancement, commercialization, and advanced manufacturing.