The Zhitong Finance App learned that on September 27, the Financial Secretary of the Hong Kong Special Administrative Region Government, Chan Mao-po published a blog post stating that, driven by demand for artificial intelligence and related electronic products, Hong Kong's overall commodity export value reached 667.9 billion yuan in August, an increase of 53% year-on-year; the total increase in the first eight months was 42.5%. According to the government's economic adviser's latest assessment, Hong Kong is confident of reaching the revised forecast target of 3.5% to 4.5% GDP growth for the whole year.
Chen Maobo said that artificial intelligence also poses governance challenges. As major economies begin discussions on AI governance, data, compliance and risk management, Hong Kong can play a unique advantage in providing “rules” and “trust.” With a common law system, bilingual legal talent, international standards and professional services, and financial support, Hong Kong can provide solutions trusted by all parties between model training, data crossing, privacy protection and dispute resolution.
Chen Maobo pointed out that artificial intelligence will bring new types of jobs and new tracks to Hong Kong. It also requires talents who understand the AI industry, talents who dare to explore applications with AI, and talents in fields where AI cannot be done no matter how strong it is. However, the AI literacy and broader skill improvement of the workforce is not only about future competitive advantage in the market, but also about Hong Kong's adaptation to the needs of AI development, as well as the work and life of citizens. According to the government's latest manpower estimates, out of the 130,000 people in Hong Kong's overall manpower shortage by 2028, the gap is concentrated in the types of jobs that rely most on interpersonal interaction, on-site judgment, and complex processes.
At the same time, Hong Kong is fully supporting citizens to learn more and use AI.” The “National AI Promotion Program” will launch more than 200 training courses and activities by the first quarter of 2028; the AI Skills Upgrading Program is expected to benefit at least 40,000 employees; the new “Policy Address” proposes the “30,000 Youth Jobs and Internships Program”, which together with the business community and major employer groups. These cover entry-level jobs in the business sector, innovation, technology and startup internships, plus internships in the financial services industry and on-the-job training in the construction industry to prepare and help young people get started.
According to reports, Chen Maobo arrived in Doha, Qatar to attend the annual meeting of the Asian Infrastructure Investment Bank. Chen Maobo said that he will provide Hong Kong's experience with the councilors of various member countries on topics such as promoting infrastructure construction, promoting regional connectivity and sustainable development, and will also introduce the new opportunities and advantages that Hong Kong has ushered in under the national development strategy.