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Over 30% of Hong Kong Cyberport Residents Are Mainland Projects

Zhu Meien reveals that over 30% of Cyberport’s tenants are mainland projects, with strategic agreements bringing high-quality AI, big data, and blockchain initiatives to Hong Kong.

Summary

Zhu Meien, Chief Corporate Development Officer of Hong Kong Cyberport, disclosed that over 30% of its resident enterprises are mainland Chinese projects. This growth comes from strategic agreements with Beijing Zhongguancun, Shanghai Lingang, and Shenzhen Qianhai, focusing on high-quality AI, big data, and blockchain initiatives to bolster Hong Kong's innovation ecosystem.

Terms & Concepts
  • Blockchain: A decentralized, digital ledger technology that records transactions across multiple computers in a secure, tamper-proof way.
  • Industry Cluster: A geographic concentration of interconnected businesses, suppliers, and institutions in a particular field, fostering innovation and efficiency.
  • Big Data: Massive datasets that can be analyzed computationally to reveal patterns, trends, and associations, especially relating to human behavior and interactions.