Green tech

The Hong Kong Trade Development Council (HKTDC) this week announced its major focus areas for 2024-2025 to strengthen Hong Kong’s status as a leading global business and investment hub and C&E centre and create opportunities for Hong Kong businesses.

With sustainability an increasingly critical issue across industries, firms are rapidly adopting innovative digital technologies to drive green development.

The opening of Hong Kong’s first hydrogen fuelling station and debut of a hydrogen-powered public bus in the city took place at this year’s Asian Logistics, Maritime and Aviation Conference (ALMAC), a point picked up by several delegates.

Financial services are central to Hong Kong’s economy, accounting for nearly a quarter of the city’s GDP and it is one of the biggest financial centres in the world.

The start-up network is growing and diversifying quickly, extending from traditional hotspots like San Francisco and London to rising giants, such as Hong Kong, while developing economy centres across ASEAN are becoming super-nodes in their own right.

Renewable energy technology is developing at bullet-train speed in Hong Kong and Mainland China, where preparations for the upcoming COP28 United Nations Climate Change conference in the United Arab Emirates in late November are on the fast track.