
Deputy Financial Secretary Michael Wong Wai-lun announces cross-border pacts at the annual Belt and Road Summit.
Hong Kong signed two memorandums of understanding with Greater Bay Area partners to harmonise standards and commercialise advanced aerial technology, integrating with national development plans.
AI-generated summary
Hong Kong is integrating into national development plans through cross-border technological cooperation.
Hong Kong signed two milestone memorandums of understanding with partners in the Greater Bay Area to harmonise standards and commercialise advanced aerial technology as the city accelerated its integration into national development plans.
Deputy Financial Secretary Michael Wong Wai-lun said on Thursday the cross-border pacts would combine the production and testing capabilities of the Guangdong-Hong Kong-Macau bay area with Hong Kong’s strengths in research and standards setting.
“These agreements will leverage the strength of our [bay area] partners in testing environment and industrial production capability, and Hong Kong’s strengths in standards setting, as well as research and development,” Wong said at the annual Belt and Road Summit.
“They will also facilitate the harmonisation of common standards and promote commercialisation of innovative [low-altitude economy] applications.”
Wong said the government was pressing ahead with a regulatory scheme to test advanced aerial projects.
AI outlook — possibilities, not facts
Government will press ahead with a regulatory scheme to test advanced aerial projects.
Very likely · Within months
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