John Lee vows to support Hangzhou tech firms in expanding into Hong Kong
Chief Executive John Lee says on Hangzhou visit that he is eyeing more collaboration with Zhejiang, mainland China’s rising tech powerhouse
Hong Kong’s leader has pledged to support Hangzhou-based tech firms in expanding into the city after meeting representatives from the “Six Little Dragons”, with two of the start-ups expressing an interest in establishing a presence locally or listing.
Chief Executive John Lee Ka-chiu said he was eyeing more collaboration with Zhejiang, mainland China’s rising tech powerhouse, to launch more “novel and trendy” innovation and technology (I&T) projects as he wrapped up the second day of his visit to the provincial capital on Wednesday.
The government said Lee had noted that “Hong Kong, as an international city fully open to the world, will reinforce its connectivity with both the mainland and the world to serve mainland enterprises in expanding into global markets”.
“[Lee] also welcomed I&T enterprises in Hangzhou to set up in Hong Kong to pursue development together,” it said.
Lee said in a Facebook post that he looked forward to seeing more I&T cooperation between enterprises in Zhejiang and Hong Kong, and more projects being launched jointly.
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Hong Kong’s leader in Hangzhou to visit top Chinese robotics, neurotech companies
Among the Six Little Dragons are DeepSeek, which made headlines globally this year with its cost-efficient artificial intelligence (AI) models, BrainCo, which specialises in brain-machine interfaces (BMIs), and humanoid robot maker Unitree Robotics.