Page 180 - AmCham South China 2026 Special Report on the State of Business in South China
P. 180

?    Major infrastructure projects are being       ?    Assisting no less than 220 family offices in
           expedited through dedicated legislation, innovative   setting up operations or expanding businesses in
           construction  methods  and  flexible  land  policies   Hong Kong from 2026 to 2028.
           to reduce costs and timelines. These include the
           Northern Link Spur Line, cross-boundary railways        -  Promoting the development of AI and
           and new railway stations.                          building a talent hub

             ?    The Hetao Shenzhen-Hong Kong Science          ?    Accelerating development of AI+ and
           and Technology Innovation Cooperation Zone         facilitating an extensive and deep integration of AI
           and the San Tin Technopole will anchor advanced    across sectors, while placing strong emphasis on
           industries, while the planning University Town will   safety risk prevention.
           integrate academic and industrial development,
           with new sites coming online from 2026.              ?    Setting  up  an  AI  Efficacy  Enhancement
                                                              Team, new research institutes, supercomputing
                -  ¡°Bringing in and going global¡±: Hong       facilities  and  targeted  funding  schemes  to
           Kong as a platform for overseas expansion          accelerate AI integration in government, education
                                                              and health care.
             ?    Leveraging the ¡°One Country, Two systems¡±
           advantage to deepen mainland integration and         ?    Advancing intellectual property trade and
           support Chinese enterprises¡¯ going globe ambitions.  pioneering the low-altitude economy, while actively
                                                              attracting top-tier pharmaceutical firms.
             ?    Encouraging mainland  banks to establish
           regional  headquarters  in  Hong  Kong,  facilitating   ?   Institutionally  driving  the  integrated
           RMB internationalization  through  a  CNY  trading   development of education, technology and talent,
           counter in Southbound Stock Connect and            by coordinating resources, breaking down silos
           supporting  Chinese  enterprises  set  up  treasury   and  deepening    industry-academia-research
           centers and expand overseas.                       collaboration. Supporting Hong Kong Metropolitan
                                                              University and other universities of applied sciences
             ?    Establishing an Economic and Trade Office   in building exchange platforms with mainland
           (ETO) in Kuala Lumpur, with potential expansion to   vocational institutions within the GBA, committing
           Latin America and Central Asia, to deepen economic   to  explore  mutual  recognition  of  qualifications,
           and trade promotion in the ASEAN countries and     encouraging collaboration between applied science
           further strengthen Hong Kong¡¯s role as a global    universities and leading enterprises to advance
           connector for Chinese enterprises.                 industry-education integration.

                -  Reinforcing the  status as a global             -  Revitalizing tourism with integrated
           financial center                                   development of culture and sports

             ?    Expediting the building of an international   ?    To  realize  the  motif  of  ¡°tourism  is
           gold trading market and targeting over 2,000 tons   everywhere¡±, the Policy Address proposed
           of gold storage within three years.                measures to promote yacht economy, ¡°mega events
                                                              + tourism¡±, cruise tourism, ¡°ecology + tourism¡±,
             ?    Continuously  strengthening  the  equity    immersive tours, Halal certification facilitation and
           market and optimizing Main Board listing regimes   immigration experience enhancement.
           to  facilitate  the  listing  of  innovative  and  biotech
           companies.   Expanding   a  world-class  bond        ?    Setting out new plans for the Leisure &
           market  while  advancing  the  insurance  and  asset   Cultural  Services  Department¡¯s  facilities:  Leasing
           management sectors.                                out museums on their closing days for commercial
                                                              or private use, opening up more venues for hire,
             ?    Advancing tokenization and stablecoin       introducing paid guided tours for visitor groups and
           regulation  and  supporting  the  development  of   developing more cultural and  creative products
           digital and tokenized assets.                      to  enhance visitor  experience  and  operational
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