A professor at The Chinese University of Hong Kong (CUHK) has established a firm, EggLogics Limited (EggLogics), that has developed patented technology to increase the success rate for in-vitro fertilisation (IVF) through egg “recharging”, bringing new hope to families troubled by fertility problems.
A Hong Kong-based start-up has launched a phygital art and entertainment social marketplace. With the platform’s unique artificial intelligence (AI) tools, companies can co-create useful non-fungible tokens (NFTs) with artists on-demand as eco-friendly corporate gifts, loyalty program stamps and membership cards in a growing Web3 digital economy.
Hong Kong’s hub and connector status – serving as a gateway between Mainland China and the rest of the world, and a pivot point for the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) and the new Regional Comprehensive Economic Partnership (RCEP) – makes the city a natural focus point for the Belt and Road Initiative.
China’s Dual Circulation Strategy, laid down in the 14th Five-Year Plan, aims to develop offshore trade and investment in parallel with the country’s domestic economy. The strategy presents a golden opportunity for Hong Kong, which has long served as one of China’s gateways to the world. At the same time, the city serves as a perfect platform for mainland investment firms, giving easy access to both the mainland and the world at large.
As pivot points between Mainland China and the rest of the world, Hong Kong and the broader Guangdong-Hong Kong-Macao Greater Bay Area both have key roles to play in the Belt and Road Initiative. As COVID-19 restrictions ease and physical gatherings are made easier, government and business leaders from around the world will converge on Hong Kong for the Belt and Road Summit at the end of this month.
Foreign trade from and into the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) rebounded in March after a big dip in February. The dip, an annual event, was far less pronounced in the GBA than in the rest of Mainland China, with the stability of growth underscoring the resilience of the region’s manufacturing base and overall economy.
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