On February 26, according to XinhuafactToday, the Director of Finance of the HKSAR Government, Chen Mobo, published the Government Budget Bill for fiscal year 2026/2027. He says:HONG KONG IS ACCELERATING THE PROCESS OF INDUSTRIALIZATION OF AI AND PROMOTING ITS DEEP INTEGRATION WITH INDUSTRY, ENCOURAGING ITS WIDER APPLICATION AND ACHIEVING “UNIVERSAL ACCESS AND GOOD USE”.
CHEN MOBO EXPLAINED THAT, IN VIEW OF THE RAPID PACE OF INDUSTRIAL INNOVATION AND THE RAPID EMERGENCE OF NEW TECHNOLOGIES, INDUSTRIES AND PRODUCTS, HE WOULD SET UP AND CHAIR THE "AI+ AND INDUSTRIAL DEVELOPMENT STRATEGY COMMITTEE" TO DEVELOP STRATEGIES FOR THE TRANSFORMATION AND DEVELOPMENT OF THE INDUSTRY AND TO CREATE FAVOURABLE CONDITIONS FOR AI, WITH THE PARTICIPATION OF EXPERTS, ACADEMICS, BUSINESS AND PARK COMPANIES, AMONG OTHERS, TO FOCUS INITIALLY ON THE HEALTH OF LIFE AND ITS INTELLIGENCE。
Currently, the InnoHK Innovation Hong Kong Research and Development Platform has built up 16 focus AI and robot laboratories. The Hong Kong government launched HK$3 billion."AITHE FUNDING SCHEME HAS APPROVED NEARLY 30 SCIENTIFIC PROJECTS TO STRENGTHEN LOCAL AI RESEARCH AND APPLICATIONS. HONG KONG IS ACTIVELY ENGAGED IN THE NATIONAL AI+ INITIATIVE TO APPLY THE SCENARIO TO "AI INDUSTRIALIZATION, INDUSTRIAL AI " , WHICH WILL BE OPERATIONAL IN THE SECOND HALF OF 2026。