FS begins visit to Nanjing (with photos)

The Financial Secretary, Mr Paul Chan, today (October 12) led a delegation of about 30 members to Nanjing to begin his visit. Upon arrival, Mr Chan visited Nanjing University and delivered a keynote speech to more than 200 faculty members and students, introducing new directions for Hong Kong's economic development and outlining specific areas for co-operation between Hong Kong and Jiangsu, and between Hong Kong and Nanjing. In his speech, Mr Chan pointed out that artificial intelligence (AI) is reducing search and transaction costs, driving enterprises to redesign their operational processes and giving rise to new business models. He noted that the country's comprehensive manufacturing system and wide range of application scenarios provide ample scope for validating and continuously improving new technologies. Hong Kong can leverage its strengths in finance, innovation and technology (I&T), professional services and international connectivity to complement the strong industrial foundations of Nanjing and Jiangsu, jointly promoting the commercialisation of research outcomes and industrial development. Mr Chan said that Hong Kong could deepen co-operation with Jiangsu and Nanjing in

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