HONG KONG SAR - Media OutReach Newswire - 17 July 2025 - Cyberport successfully hosted the "AI x Data Forum" today. Centered on the theme "AI in Action, Data at the Core: Unlocking Infinite Potential", the forum brought together over 450 participants from government, finance, innovation and technology, cybersecurity sector, and academia to explore innovative artificial intelligence and data-driven strategies and practical experiences. During the forum, Cyberport, the Canton Data Exchange and China Unicom Global signed a Memorandum of Understanding (MoU). The three parties will jointly promote and implement a "Mainland incubation, Hong Kong deployment" collaboration model, introducing mature data application scenarios and enterprises from Mainland China into Hong Kong. The collaboration covers areas such as financial risk management, healthcare, cross-border trade, and the low-altitude economy, and will provide technology platforms and compliance support. These efforts will help enterprises expand into both local and overseas markets, while jointly organizing incubation, investment promotion, and exchange activities, further strengthening Hong Kong's position as a demonstration hub for data applications. Prof Sun Dong, Secretary for Innovation, Technology and Industry delivered the opening remarks at the forum and stated "Artificial Intelligence (AI) has become a major engine for global economic growth, with data as its essential driving force. The two elements are complementary. This year, the HKSAR Government has developed AI as a core industry for Hong Kong, aiming for all sectors to focus on its development and spearhead a new wave of economic growth for the city. The Government will fully leverage Hong Kong's edges as an international data hub, encouraging the industry to pursue innovation and breakthroughs in AI. With unique advantages under the 'One Country, Two Systems' principle, Hong Kong is well positioned to serve as a vital base for AI development, both locally and across the Greater Bay Area, enabling AI and data to create broader and more positive value in the region." In his welcoming speech, Simon Chan, Chairman of Cyberport, stated "Data is the cornerstone of the digital economy, driving the transformation of smart cities and serving as a vital foundation for AI development. Cyberport is dedicated to building a diverse innovation and technology ecosystem, fostering the safe, efficient, and compliant growth of AI and data applications through cross-sector collaboration. Our partnership with the Canton Data Exchange and China Unicom Global represents a significant milestone in promoting collaborative development in the Guangdong-Hong Kong data industry. Cyberport will continue to serve as Hong Kong's digital tech hub and AI accelerator, harnessing innovative technologies to drive economic transformation and reinforce Hong Kong's status as a global hub for innovation and data." The Leaders Dialogue sessions moderated by Dr. Crystal Fok, Director of AI Applications at Cyberport, brought together representatives from various organizations, including the Hong Kong Police Force, the Spatial Data Office, Canton Data Exchange, and China Unicom Global. The panel engaged in an in-depth discussion on advancing data security and improving the transparency of cloud data flows, providing fresh perspectives to organizational data management strategies. During the discussion, experts shared valuable insights in promoting data security and data application and ensuring compliance. Initiatives included developing platforms with multilingual and context-aware capabilities to enhance service quality and continually reviewing and enhancing system security to ensure a safe and compliant flow of information. The panel also underscored that the establishment of compliant and scalable data platforms will facilitate cross-sector collaboration and industry co-creation, helping smart enterprises seize new opportunities and achieve high-quality growth. As Hong Kong's digital tech hub and AI accelerator, Cyberport is committed to building a responsible and trustworthy AI ecosystem in collaboration with various sectors. Last year, Cyberport launched Hong Kong's largest Artificial Intelligence Supercomputing Centre (AISC) and established an AI Lab to provide comprehensive support to start-ups from research and development to market entry, creating a valuable platform for technology demonstration and commercial application. Additionally, the HKSAR Government allocated HK$3 billion to launch the three year Artificial Intelligence Subsidy Scheme (AISS) through Cyberport, which has received approximately 20 applications. As of the end of June this year, the committee has approved nearly 10 projects covering areas such as local...