Chan Maobo: Hong Kong will establish the AI+ and Industry Development Strategy Committee

Hong Kong SAR Financial Secretary Paul Chan today (25th) announced the government’s financial budget for the 2026-2027 fiscal year. Paul Chan stated that, given the rapid advancement of AI applications driving industry innovation, new technologies, industries, and products are emerging quickly. He will establish and chair the “AI+ and Industry Development Strategy Committee” to set strategies for AI-driven industry transformation and development, create favorable conditions, and invite experts, scholars, enterprises, and park companies to participate. The initial focus will be on life health and embodied intelligence. (Voice of the Greater Bay Area)

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