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ARIDGE and UAE Authorities to Jointly Establish the World’s First Personal Flying Car Regulatory Sandbox

Company deepens its UAE presence through flight validation, airworthiness activities and preparations for future inter-emirate advanced air mobility services.

RAS AL KHAIMAH, UAE, Sept. 19, 2026 /PRNewswire/ — ARIDGE (Formerly XPENG AEROHT), Asia’s largest flying car company, officially signed a strategic cooperation agreement with the Emirate of Ras Al Khaimah, United Arab Emirates. In the presence of His Highness Sheikh Saud bin Saqr Al Qasimi, UAE Supreme Council Member and Ruler of Ras Al Khaimah, and under the full oversight of the UAE General Civil Aviation Authority (GCAA), the two parties will jointly establish an Advanced Air Mobility (AAM) regulatory sandbox in the UAE, while simultaneously advancing the planning and implementation of an inter-emirate demonstration route connecting Abu Dhabi and Ras Al Khaimah.

(H.E. Eng. Esmaeel Hasan Al Blooshi and Dr. Han Juexian Signing Under Witness of His Highness Sheikh Saud and Founder Zhao Deli)
(H.E. Eng. Esmaeel Hasan Al Blooshi and Dr. Han Juexian Signing Under Witness of His Highness Sheikh Saud and Founder Zhao Deli)

The cooperation marks a major industry breakthrough, making ARIDGE the first Chinese flying car company to enter a national-level regulatory sandbox in the Middle East, while also establishing the world’s first flying car testing sandbox dedicated to personal low-altitude flight.

Through the regulatory sandbox led by RAKTA (Ras Al Khaimah Transport Authority), ARIDGE will conduct flight validation under desert conditions, evaluate aircraft performance across representative operational scenarios and refine procedures within controlled airspace. The program will provide a structured environment for the company to validate its technology and operating model while working closely with relevant authorities and industry partners.

(Image of A868 - Full Tilt-Rotor Hybrid-Electric Flying Car)
(Image of A868 – Full Tilt-Rotor Hybrid-Electric Flying Car)

The planned Abu Dhabi–Ras Al Khaimah demonstration route will serve as a real-world platform for assessing the requirements of future inter-emirate advanced air mobility services. The program is expected to cover key operational areas, including flight planning, airspace coordination, ground support, passenger handling, aircraft turnaround and safety management.

By combining aircraft validation, regulatory engagement and route-based operational testing, ARIDGE aims to build a comprehensive foundation for the safe and compliant introduction of commercial air-mobility services in the UAE. His Highness Sheikh Saud said: “The true value of technology lies in the difference it makes to people’s lives and in its ability to support development and improve services.” He noted that “Ras Al Khaimah is harnessing innovation and new technologies to support the growth of its economy, enhance quality of life, strengthen the Emirate’s competitiveness and reinforce its position as a preferred destination to live, work, invest and visit.”

(Image of Chinese Ambassador experiencing Land Aircraft Carrier Air Module)
(Image of Chinese Ambassador experiencing Land Aircraft Carrier Air Module)

As part of its recent activities in the UAE, ARIDGE also conducted a live formation flight demonstration of its modular flying car, the Land Aircraft Carrier, at a reception hosted by the Chinese Embassy celebrating the 77th Anniversary of the Founding of the People’s Republic of China and the 42nd Anniversary of the Establishment of Diplomatic Relations between China and the UAE at the Emirates Palace, Abu Dhabi. Attended by the Chinese Ambassador Zeng Jixin, and representatives of the UAE government and business community, as well as international guests, the demonstration offered partners a firsthand view of ARIDGE’s technology.

The Land Aircraft Carrier embodies ARIDGE’s vision of integrating ground and air tourism into a flexible solution. Its modular configuration is designed to expand the practical applications of ground and air vehicles while creating new possibilities for how people experience the sky. With safety at its core, ARIDGE’s advanced flight control system allows pilots to override autonomous functions while maintaining stable flight within safe parameters. The air module includes fully redundant systems for propulsion, power, communications, and flight control, with automatic rotor failure response in milliseconds.

ARIDGE’s entry into the regulatory sandbox and advancement of the demonstration route mark an important step in its global expansion. The UAE program will generate valuable operational experience and support ARIDGE in developing localized, scalable advanced air mobility services, while accelerating the company’s broader global expansion across key international markets, including Europe and Southeast Asia.

ARIDGE Media Contacts:

Amanda Chen
Tel: +86 18375851346
Email: chenjw1@aridge.com 

Kevin He
Tel: +86 13316220904
Email: hezk@aridge.com  

Media Kit: 
https://drive.google.com/drive/folders/1FVNBspOTNkU4ZXn_C-WbkfzR23JLPiOR?usp=sharing 

About ARIDGE (formerly XPENG AEROHT)

ARIDGE is the largest flying car company in Asia and an integral part of the XPENG Group ecosystem. Our vision is to become the “Global Leader in Low-Altitude Product Innovations”, and our mission is “Freedom to Fly”. We are committed to creating safe, intelligent low-altitude mobility products, such as flying cars, for a variety of user needs. Whether it’s personal flight, aerial commuting, or public services, we are driving the transformation of low-altitude mobility, bringing the freedom and convenience of flight to everyone.

For more information:

Website: https://intl.aridge.com/ 

Social Media Handles:

Instagram: @ARIDGE_Official
Facebook: @ARIDGE_Official
Twitter: @ARIDGE_Official
LinkedIn: @ARIDGE
Pinterest: @ARIDGE_Official
TikTok: @ARIDGE_Official
YouTube: @ARIDGE_Official

Xinhua Silk Road: 2026 International Audio-Visual Arts Carnival to debut in Jing’an, Shanghai

BEIJING, Sept. 19, 2026 /PRNewswire/ — The 2026 International Audio-Visual Arts Carnival will take place in Jing’an District, east China’s Shanghai, from Sept. 24 to Oct. 18, offering the public an immersive audiovisual arts experience through deeper integration of audiovisual technologies, arts and culture, and commercial consumption.

The carnival will also provide a platform for audiovisual professionals from around the world to exchange ideas and promote the upgrading of both Shanghai’s audiovisual industry and its cultural tourism economy.

The event will feature four major sections, namely an international audiovisual arts experience exhibition, an audiovisual wonderland-themed immersive show, a high-level international audiovisual arts and technology salon, and the international Audiovisual Arts Night. These events will bring cutting-edge technologies and artistic innovation into the city’s public cultural life.

As a highlight of the opening program, the international audiovisual arts experience exhibition will showcase technological achievements from national-level media organizations, leading international audiovisual brands, domestic technology companies, and emerging creative forces from universities.

The audiovisual wonderland immersive show, to run from Sept. 25 to 27, will combine music, dance, intangible cultural heritage, light and shadow, and live performances, with cutting-edge technologies such as 3D mapping, motion capture and light-shadow tracking technology, and LiDAR-based interactive technology to be adopted.

These technologies will transform traditional culture into vivid stories that audiences can touch, empathize with and experience.

In addition, from Sept. 19 to mid-October, Jing’an District will stage a series of cross-period, multi-scenario events to sustain the momentum of the carnival and stimulate consumption across the district.

Major activities will include the fourth edition of “Shining Shanghai Light Up Jing’an”, artificial intelligence (AI)+Mid Autumn Festival-themed audiovisual arts innovation and creativity activities, the 14th Shibei Beer Festival and Jing’an Music Carnival.

Among them, the international sci-tech culture and fashion week will be held in the Nanjing West Road commercial area from Sept. 28 in partnership with Tencent Music Entertainment Group, featuring nearly 100 special events. The program will showcase Jing’an’s innovation and industrial vitality in areas including AI, the metaverse and fashion consumption, turning the century-old commercial street into an “innovation laboratory” where technology and culture converge.

By deepening the integration of culture, commerce, tourism, sports and exhibitions, Jing’an will extend audiovisual arts, light and music, sports and trendy entertainment, parades and pop-up events into every corner of the district.

Original link: https://en.imsilkroad.com/p/352247.html

Chery Auto to Showcase Nearly 20 Green Technology and Ecosystem Innovations. 2026 Chery International User Summit Opens in October

WUHU, China, Sept. 19, 2026 /PRNewswire/ — Chery Auto will host the 2026 Chery International User Summit from October 18 to 24 at its global headquarters in Wuhu, China. Focused on technology, sustainability and convergence, the Summit will showcase nearly 20 green technologies and ecosystem innovations, highlighting Chery Auto’s progress toward becoming a global high-tech green ecosystem enterprise.

The Summit will bring together users and ecosystem partners to explore intelligent, low-carbon mobility and sustainable lifestyles.

From January to August 2026, Chery Group sold 725,214 new energy vehicles (NEVs), up 46.2% year on year. Chery Auto’s hybrid engine has achieved a thermal efficiency of 48.57%, while the company is advancing all-solid-state battery technology with an energy density of 400 Wh/kg.

Chery Auto is also reducing carbon emissions across the vehicle lifecycle, from R&D and manufacturing to use and recycling. Through vehicle-to-grid (V2G) technology, smart charging, battery recycling and material reuse, it is developing a circular system spanning energy production, storage, use and recycling, positioning NEVs as nodes in smart energy networks.

More than 3,000 AiMOGA embodied AI humanoid robots, developed by Chery Auto, have been delivered in more than 60 countries and regions, covering over 100 use cases across smart manufacturing, commercial services and the home.

At the Summit, Chery Auto will feature AI-powered cockpits, future mobility, human-machine collaboration and other applications integrating smart technology with green energy. Further technologies will be unveiled at the event.

Chery Auto works with international organizations including the International Union for Conservation of Nature (IUCN) and the United Nations Children’s Fund (UNICEF) on nature conservation, education and community initiatives. The Summit will also feature Ride Green Life, a global charity ride bringing users and ecosystem partners together to promote low-carbon living.

Chery Auto’s products and services have reached more than 130 countries and regions, serving millions of owners worldwide. From October 18 to 24, users, the media and ecosystem partners will gather in Wuhu for technology demonstrations, green initiatives and owner activities, exchanging ideas on green mobility, smart technology and sustainable living. The Summit will showcase Chery Auto’s transformation from automaker to “creator of better lives” and its vision for a smarter, lower-carbon and more sustainable future.

GAC Cambodia KD Plant Starts Production, Setting a New Benchmark for Localized Manufacturing

KAMPONG CHHNANG, Cambodia, Sept. 19, 2026 /PRNewswire/ — On September 17, the inauguration ceremony of GAC Cambodia KD Plant was grandly held in Kampong Chhnang Province. Cambodian Prime Minister Hun Manet and Chinese Ambassador to Cambodia Wang Wenbin attended the ceremony, while Jiang Xiuyun, Deputy General Manager of GAC Group, and Wang Shunsheng, Deputy General Manager of GAC International and President of the Southeast Asia Regional Center, together with the leadership of TH Group, GAC’s strategic partner in Cambodia, witnessed the official launch of the THAM assembly plant for GAC vehicles. This marks a new stage in GAC’s development in Cambodia, transitioning from complete vehicle exports to local manufacturing, and stands as yet another achievement of China-Cambodia economic and trade cooperation.


Prime Minister Hun Manet was present in person to witness this important moment. He noted that the official commencement of the GAC KD Plant is a significant achievement of the Royal Government of Cambodia’s industrial transformation, helping Cambodia upgrade from labor-intensive industries to capital-, advanced-technology- and high-skill-driven sectors, spurring local industrial development, raising the added value of the national economy, and cultivating new sources of economic growth.

From complete vehicle imports to local assembly, GAC has steadily built its presence in Cambodia. The project was fully launched in 2024, and through close collaboration among all parties, the plant completed all preparatory and construction work and officially entered production. Under this local assembly project, TH Group is responsible for plant investment, construction and vehicle assembly, while GAC supplies complete knocked-down (CKD) kits, technical standards and full-chain technical support. With a designed annual capacity of around 10,000 units.

Strong market performance further validates the results of GAC’s deep cultivation. TRUMPCHI has enjoyed explosive growth in Cambodia since 2024, with an average annual compound growth rate of over 300% over the past three years, and ranked first among Chinese automotive brands in Cambodia in 2025, with continuously expanding brand influence.

The production launch of GAC Cambodia KD Plant marks a brand-new starting point for GAC’s deep cultivation in Cambodia. Over the past seven years, from channel development to product rollout, from brand establishment to manufacturing upgrading, GAC has been sharing development opportunities with the Cambodian people through tangible capacity, employment and technology.

For further information about GAC, please visit: https://www.gacgroup.com/en or follow us on social media.

2026 Cross-Strait (Kunshan) Mid-Autumn Lantern Festival Opens

SUZHOU, China, Sept. 19, 2026 /PRNewswire/ — The 2026 Cross-Strait (Kunshan) Mid-Autumn Lantern Festival officially opened on the evening of Sept. 16 in Kunshan, Suzhou, Jiangsu Province. This year’s festival features two main lantern display areas at Huiju Square and Zhouzhuang, along with a diverse program of activities, including a cross-Strait art exhibition, a traditional performing arts fair, and the “Moonlit Cultural Gathering” in the forest. Together, the festivities provide an inviting setting for people from both sides of the Taiwan Strait to enjoy the lantern displays, celebrate the Mid-Autumn Festival and connect through shared cultural traditions.

The main lantern display area at Huiju Square
The main lantern display area at Huiju Square

At the opening ceremony, commemorative certificates were presented to the winners of the seventh “Kunshan Mazu Cup” Youth Lantern Design Competition. The event also included the premiere of Crossing the Sea, an installment in the micro-drama series Wait for Me to Come Home. Inspired by the true story of an effort to return the ashes of a veteran to his hometown, the production portrays the deep bonds and shared heritage connecting people on both sides of the Taiwan Strait.

The closing ceremony of the sixth Cross-Strait Youth Culture Month was also held in conjunction with the festival. Since its launch in July, the two-month initiative has presented more than 70 activities spanning culture and the arts, technological innovation, sports, intangible cultural heritage, and innovation and entrepreneurship, attracting nearly 3,500 young people from Taiwan.

This year’s festival also offers a creative combination of intangible cultural heritage and Taiwan-inspired elements, transforming traditional crafts and techniques into illuminated patterns and visual motifs. Visitors can explore immersive attractions featuring AI-powered visual experiences and interactive installations incorporating light, sound and multimedia.

Kunshan is one of the Chinese mainland’s most active destinations for investment from Taiwan. It is home to a large concentration of Taiwan-invested companies and serves as an important hub for economic, trade and cultural exchanges across the Taiwan Strait. First held in 2013, the Cross-Strait (Kunshan) Mid-Autumn Lantern Festival has continued to showcase China’s rich traditional culture while fostering exchanges between people on both sides of the Taiwan Strait. It has become one of Kunshan’s signature cultural events, promoting exchanges between Kunshan and Taiwan region and strengthening people-to-people connections across the Strait.

China’s “Project Hope” for Elderly Care — “Qinglan Program • Neutech Cohort” Officially Launched

HONG KONG and DALIAN, China, Sept. 18, 2026 /PRNewswire/ — On September 16, 2026, at the 3rd China Nursing Home Directors Conference, the launch ceremony of the “Young Directors Growth Accompaniment Program (Neutech Cohort)” (hereinafter referred to as the “Qinglan Program • Neutech Cohort”), hailed as China’s “Project Hope” for elderly care, was officially held. Wu Yushao, president of the China Association of Social Welfare and Senior Service (CASWSS) and vice dean of Fudan Institute on Ageing; Xu Jianzhong, executive president of CASWSS; Han Hua, vice president of CASWSS; Li Jing, deputy secretary-general of CASWSS; Yang Lijun, director of the Training Center of Fudan Institute on Ageing; Wen Tao, executive director, CEO and president of Neutech Group, the special supporter for the inaugural class; and Wang Xinghui, vice president of Neutech Group and president of Neucare Health Technology, took the stage together with mentors and student representatives of the Qinglan Program to jointly witness this moment.

Finding the “Anchor” for the Industry

The initiation of the “Qinglan Program” addresses a long-repeated yet persistently unresolved issue in the industry.

Wu Yushao, president of CASWSS, pointed out that China currently has 406,000 elderly care institutions and facilities nationwide, including approximately 39,000 registered elderly care homes, with hundreds of thousands of practitioners in management positions. However, the shortage of talent in elderly care services is all-domain, all-dimensional, and long-term, with management personnel being even more scarce. What the industry lacks is not only caregivers, but also the “anchors” who can stabilize an institution — the directors.

Based on this assessment, the CASWSS, together with the Fudan Institute on Ageing, has jointly launched the “Qinglan Program”, positioning it as a “Project Hope” for China’s elderly care sector. The name “Qinglan” is derived from the ancient saying “Blue comes from the indigo plant yet excels it”. Here, lan represents the deep reservoir of wisdom accumulated over decades by generations of seasoned directors; qing embodies the vitality and promise of a new generation of directors. The bond between qing and lan symbolizes the passing of the torch: young directors will inherit experience from seniors and strive for self-transcendence. This is the spiritual core of the Qinglan Program.

As the special supporter of the inaugural “Qinglan Program • Neutech Cohort”, Neutech Group provides resources, technological empowerment and financial backing for the initiative.

The core model of the “Qinglan Program” is “modular systematic training plus one-on-one mentorship throughout the whole process”. The curricula are formulated in accordance with the “Training Outline for Nursing Home Directors (Trial)” issued by the Ministry of Civil Affairs. It covers four major modules: policies and industry development trends, practical service operations, practical management practices and competency building. The training lasts for three years and is fully free of charge.

From the press conference and opening of applications held at the National Convention Center in Beijing on May 18, to the receipt of 552 trainee applications and 101 mentor applications by June 30, and then to the public announcement of the proposed candidate list on August 24, over four months and more than 120 days, the “Qinglan Program” forged ahead without pause, completing its full journey from concept to execution.

Neutech’s Practice for “Education, Healthcare and Wellness“

The implementation of the “Qinglan Program” would not have been possible without the in-depth participation of Neutech.

As the special supporter of the inaugural “Qinglan Program • Neutech Cohort,” Neutech Group is systematically integrating its accumulated educational resources with healthcare and wellness scenarios to form a replicable, exportable capability foundation that integrates “education, healthcare and wellness.”

Twenty-six years of deep engagement in education have given Neutech Group a profound understanding: the progress of any industry ultimately comes back to the growth of people.

Since 2000, relying on Neusoft’s industrial foundation and technological strengths, Neutech Group has successively established three IT application-oriented undergraduate universities in Dalian, Chengdu, and Guangdong, cultivating more than 200,000 graduates in total. Along the way, what has been accumulated is not merely a curriculum system and teaching experience, but a simple conviction: cultivating talents is neither a hasty task nor something we can afford to delay. Today, that conviction is being brought into the elderly care industry.

President Wen Tao stated that the professional competence of a director does not merely impact a single position, but the quality of life of hundreds of elderly residents within an organization. Supporting a young director lights up one institution; illuminating hundreds of such institutions may well revitalize an entire industry.

Drawing on this insight, Neutech has systematically opened up its accumulated education, healthcare and wellness resources to learners of the “Qinglan Program”. Its self-operated physical facilities including “Wecare Family” Nursing Home, Ruikang Cardiovascular Hospital and Stomatological Hospital and Neutech Phoenix College serve as on-site practical training for program learners. Access accounts to the integrated medical, wellness, and elderly care smart system are provided to learners, helping them build data-driven management mindsets. Smart wellness IoT training equipment and online courses are made available in tandem. The ecological resources and operational scenarios of the city-level smart wellness platform enable participants to connect community-based and home-based elderly care services.

In Wen Tao’s view, this is not a one-way transfer of capabilities, but deep interaction between the enterprise and the industry. The enterprise shares its expertise with the industry, while the industry feeds back real demand to the enterprise. Both sides grow together through continuous exchange and adaptation.

A Testament to Long-Termism

The future belongs to human-AI collaboration. Technology empowers administration, and data drives decision-making. Yet the warmth of services, the judgment of the management, and the soul of an institution ultimately come from people. Young directors act as the critical bridge linking technology with human warmth, and data with humanity. Cultivating such talents lays the most solid foundation for a new elderly care ecosystem built on human-AI collaboration.

The industry, its services, and the elderly population it serves are all evolving. With the “Qinglan Program” as its anchor, Neutech focuses not only on the personal development of hundreds of young directors, but also on the systematic development of core capabilities across the elderly care industry. As more and more young directors run their institutions with a shared, scientific, systematic and human-centered approach, the norms and quality standards of the whole industry may be rewritten.

To address the uncertainties of the times through steady capacity building, marking the original aspiration of the “Qinglan Program”, as well as Neutech’s long-term commitment to the cause of elderly care.

Media Contact: 
Lin Wei
weilin@neuedu.com
+852 37953236

Luang Prabang Seizes 28kg of Suspected Wildlife Products, Detains Foreign Man

Luang Prabang authorities seized nearly 30 kilograms of suspected wildlife products and detained a foreign man following a raid on 11 September. (Photo: Department of National Resources and Environment Inspection).

On 11 September, Luang Prabang authorities seized 17 items suspected to be wildlife products weighing 28.03 kilograms, amid concerns over wildlife trafficking in the province.

Officers inspected a property in Sanghalok village and recovered suspected rhinoceros horn, carved ivory, wildlife bile and traditional medicines containing wildlife ingredients, along with equipment believed to be used to process wildlife meat,

According to official reports published on 18 September, authorities are now holding all seized items as evidence pending verification.

Police detained the foreign man the same day for questioning over his suspected involvement in the trade. Authorities did not release his name, age, nationality or occupation, citing personal data protection rules.

Three days later, on 14 September, the Luang Prabang Provincial Natural Resources and Environment Inspection Division issued a three-page order calling for an arrest warrant, a formal investigation and his transfer to a provincial detention facility.

The case remains under investigation. The order cites Laos’ Criminal Procedure Law, Wildlife Law and Penal Code, and does not amount to a finding of guilt. The man is presumed innocent unless a court rules otherwise.

A Pattern of Seizures

The raid is the latest in a series of wildlife trafficking cases reported across Laos this year.

On 16 August, authorities detained 11 foreign nationals in Bolikhamxay Province after seizing roughly 1.8 tonnes of suspected ivory and two carcasses resembling black panthers.

In June, Champasak officials intercepted 294 live animals, including turtles, pythons and snakes, on an international bus. Separate operations in Luang Prabang that month turned up more than 170 kilograms of ivory, rhino horn and pangolin products.

Earlier in May, Lao authorities found 25.52 kilograms of bear paws and pangolin parts at a Vientiane restaurant. Across the Mekong, Thai officers also intercepted 130.9 kilograms of ivory being transported to Laos.

On 10 February, Thai authorities arrested a Vietnamese man accused of smuggling 11 kilograms of rhino horn from the Democratic Republic of Congo through Thailand to Laos.

Hong Kong sets out initiatives to secure long-term development of pillar industries


HONG KONG SAR – Media OutReach Newswire – 19 September 2026 – Hong Kong’s Chief Executive John Lee rolled out various measures to develop Hong Kong’s key economic centres when he unveiled the First Five-Year Plan for Economic and Social Development of the Hong Kong Special Administrative Region (HKSAR) (2026-2030) and his fifth Policy Address on September 16.

Under Hong Kong’s First Five-Year Plan, Hong Kong will focus on strengthening the four centres, developing the hub for high-calibre talent, consolidating and enhancing its competitive edge as an international city.

Hong Kong’s status as world-renowned international financial, maritime and trade centres as well as an international aviation hub underpin the city’s high-quality development and provide a firm foundation for the city’s long-term stability and prosperity.

“We will consolidate and enhance Hong Kong’s status as an international financial centre, and stay committed to our global positioning,” Mr Lee said. “Hong Kong will deepen the development of its global offshore Renminbi business and capital market, develop an international asset and wealth management centre and international risk management centre, enhance the securities market and expand fixed income and commodity trading.”

Hong Kong has become the world’s largest cross‑boundary wealth management centre this year, and the HKSAR Government will continue to develop a more attractive asset and wealth management ecosystem, Mr Lee said.

Hong Kong will develop a commodity trading ecosystem with gold as an entry point by driving the development of the clearing system, storage, supply, and infrastructure related to gold trading. The city’s central clearing and settlement system for gold will be officially launched in the first quarter of 2027.

“The significance of the First Five-Year Plan for Hong Kong lies in a mindset shift; we must plan Hong Kong’s financial development with a longer-term vision and broader perspective to adapt with flexibility and diversity,” said Christopher Hui, Hong Kong’s Secretary for Financial Services and the Treasury. “Each of our initiatives centres around one objective, which is to elevate Hong Kong from a ‘corridor of capital’ to a ‘destination of choice’.”

Hong Kong was ranked the world’s fifth‑largest entity in merchandise trade in 2025. The HKSAR Government announced plans to consolidate and enhance Hong Kong’s status as an international trade centre, playing a greater role in the high‑level opening up of the Chinese Mainland.

Since the Task Force on Supporting Mainland Enterprises in Going Global was established last October, it has provided assistance, including listing and raising capital in Hong Kong, aligning with overseas standards, acquiring industry certifications and fulfilling compliance requirements for more than 340 Mainland enterprises.

The Task Force will strengthen collaboration with professional organisations to train talent for the GoGlobal initiative and enhance professional services, among other areas.

“In alignment with the National 15th Five-Year Plan’s call to advocate and practise true multilateralism, the First Five-Year Plan proposes to continue expanding international economic and trade network,” said Algernon Yau, Hong Kong’s Secretary for Commerce and Economic Development.

“We will actively forge free trade agreements and investment agreements with economies that are of development potential or strategic locations. Meanwhile, we will expand our network of overseas offices, and leverage the combined networks of our overseas Economic and Trade Offices, InvestHK, and the Hong Kong Trade Development Council offices globally to deepen overseas ties and step up trade and investment promotion.”

As an international maritime centre, Hong Kong has ranked fourth globally in maritime comprehensive strength for seven consecutive years. The Five-Year Plan will drive a “volume to value” transformation of the Hong Kong Port, capitalising on its strengths in high value‑added maritime services, to develop Hong Kong into a “Global Maritime Capital”.

To promote high value-added services, the industry will develop “Finance + Shipping”.

Taking advantage of the city’s well‑established maritime finance, insurance and maritime arbitration under common law, Hong Kong will build an integrated ecosystem under which Hong Kong‑invested enterprises adopt Hong Kong law, take out Hong Kong insurance and choose for arbitration to be seated in Hong Kong.

Regarding aviation, Hong Kong’s passenger throughput recorded a year‑on‑year increase of 15% last year, to 61 million, with flights to over 220 destinations. The city’s air cargo throughput reached 5.07 million tonnes, making its airport the world’s busiest cargo airport for the 15th year since 2010.

To strengthen development as international aviation hub, Hong Kong will expand its aviation network, and diversify business opportunities.

The HKSAR Government will continue to take the initiative to visit South America, Africa, Central Asia, the Middle East and the Caucasus to expedite the conclusion of new air services agreements and the expansion of traffic rights, thereby assisting the industry in exploring new passenger and cargo sources.

As for building Hong Kong as an international innovation and technology centre, the HKSAR Government will step up its efforts to promote artificial intelligence (AI) applications across various trades, and continue to strike a balance between encouraging innovation and protecting security, thereby enhancing Hong Kong’s international competitiveness in AI development.

In alignment with the national strategic technology areas, Hong Kong will focus on core technologies such as life and health, AI and robotics, microelectronics, new energy, advanced manufacturing and new materials. It will also continue to raise the ratio of Total Domestic Expenditure on Innovation Activities to Gross Domestic Product, striving to reach 3% after 2030.


Hashtag: #HongKong#PolicyAddress#First5YearPlan#FourCentres





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