The newly announced Budget has received strong support from the Hong Kong Trade Development Council (HKTDC), which praised the government’s determination to stimulate economic growth and improve people’s livelihoods.
The Budget places significant emphasis on reinforcing the city’s position as a global leader in finance, trade, shipping, and innovation and technology (I&T), while accelerating efforts in industrialization and digital transformation.
HKTDC chairman Frederick Ma Si-hang stated that the organization will closely align its efforts with government policy and work to strengthen Hong Kong’s role as a premier centre for finance, shipping, trade, and innovation. Ma emphasised the city’s ambition to become a top destination for high-calibre talent in I&T.
He added that HKTDC will expand its global business network, deepen ties with ASEAN and Middle Eastern markets, and seek new opportunities in emerging regions—moves intended to reinforce Hong Kong’s strategic importance in the Belt and Road Initiative.
“As a core member of the GoGlobal Task Force, the HKTDC will further leverage its network of 51 offices worldwide to help businesses explore global markets, diversify risks and achieve growth,” Ma said. “We will continue to provide value-added services to Hong Kong enterprises, especially SMEs, empowering them to capitalise on e-commerce opportunities, drive their digital transformation and enhance their competitiveness.”
With the Budget placing a strong focus on innovation and technology, Ma said HKTDC will integrate I&T features into its exhibitions and events to showcase Hong Kong’s strengths to both Mainland and overseas audiences. These efforts are expected to foster cross-industry collaboration and help protect and promote local innovation.