Hong Kong Innovation, Technology, and Industry Bureau: HKD 10 billion Innovation and Technology Industry Guidance Fund to strive for operational launch within the year

People’s Financial News, March 27 - On March 27, Zhang Manli, Deputy Secretary for Innovation and Technology at the Hong Kong Innovation and Technology Bureau, introduced at the “Beijing-Hong Kong-Macau Technology Innovation Forum” during the 2026 Zhongguancun Forum Annual Conference that Hong Kong is actively and systematically launching a package of policy measures to solidify the industrial foundation and strengthen innovation capabilities. Specifically, there are four aspects: First, to establish an “AI+” Industry Development Advisory Committee to coordinate the overall strategy for the transformation of the AI industry, focusing on areas such as embodied intelligence and life health; Second, to strengthen computing power and research support, launching the Hong Kong Artificial Intelligence Research Institute within the year and accelerating the construction of the Shaling Data Park; Third, to improve capital support, with a HKD 10 billion Innovation and Technology Industry Guiding Fund expected to commence operations within the year, guiding social capital towards future industries such as artificial intelligence and robotics; Fourth, to build a solid safety foundation, promoting the construction of a secure and trustworthy AI ecosystem, balancing innovative development with risk prevention.