Hong Kong to allow drone trials with higher payloads to boost low-altitude economy

Hong Kong to allow drone trials with higher payloads to boost low-altitude economy

The Hong Kong government plans to permit more businesses to test higher-capacity aerial vehicles, aiming to boost the low-altitude economy and assess their impact on logistics efficiency and traffic, Deputy Financial Secretary Michael Wong Wai-lun said. Speaking to more than 100 government officials, company executives, venture capitalists and researchers at the International Automotive & Supply…

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Tech firms thrive in cross-border Hong Kong and Shenzhen innovation hub

Tech firms thrive in cross-border Hong Kong and Shenzhen innovation hub

Information Technology companies operating within an innovation hub jointly developed by Hong Kong and Shenzhen have said that their office location allowed them to gain a competitive edge through cheaper rents, subsidies for innovation and easier access to talent. The Hetao Shenzhen-Hong Kong Science and Technology Innovation Cooperation Zone, an initiative proposed by Beijing in…

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Opinion | Low-altitude economy can soar if Hong Kong plays to its strengths

Opinion | Low-altitude economy can soar if Hong Kong plays to its strengths

Hong Kong is on the cusp of a transformative shift as it embraces the low-altitude economy, a rapidly growing sector poised to revolutionise industries, reshape urban landscapes and redefine modern living. Advances in artificial intelligence, intelligent networks and human-computer interaction are driving the integration of autonomous aerial vehicles and drones into everyday life. Globally, the…

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Editorial | Trials will ensure the low-altitude economy can soar far and high in Hong Kong

Editorial | Trials will ensure the low-altitude economy can soar far and high in Hong Kong

From food and medication deliveries to surveillance and emergency rescue, an array of drone projects is ready to take off under the drive of the Hong Kong government. With the right policy support and regulation, the much-touted benefits of the so-called low-altitude economy are being unleashed. Among the 38 approved “sandbox” pilot projects are meal…

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China’s Shenzhen lays down marker for tech investment with US$22 billion pledge

China’s Shenzhen lays down marker for tech investment with US$22 billion pledge

China’s southern tech hub of Shenzhen plans to “fully compete” in emerging sectors such as artificial intelligence, announcing 160 billion yuan (US$22.07 billion) in “new-type infrastructure” investment for the year as it called on the city to embrace challenges like a “seabird braving the storm.” When delivering the city’s work report on Tuesday, Shenzhen Mayor…

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