Author: Christopher Tang,Kenneth Tang

Blessed by its strategic location, robust legal system, and business-friendly environment, Hong Kong has regained its position as Asia’s top and the world’s third-ranking financial center in 2024. To revitalize the economic ecosystem beyond the financial sector, Hong Kong should leverage its unique strengths embedded in the textile industry to develop innovative start-ups. To foster innovation, the Hong Kong government has developed initiatives like the Innovation and Technology Fund and set up the Innovation, Technology, and Industry Bureau to support research and development and promote technological advancements. The Hong Kong government has allocated funding and resources in the latest financial…