The Hong Kong government has released the first five-year plan for the Hong Kong Special Administrative Region, covering 2026 to 2030, with several technology-related measures under the labor and manpower agenda. The plan says authorities will dynamically monitor manpower supply and demand, strengthen vocational skills training, and expand the depth and breadth of local continuing vocational training in response to future skills needs and trends in innovative technology adoption.
A key item in the plan is an update to the talent list, with the government set to study the inclusion of more categories tied to artificial intelligence applications. The stated goal is to focus on attracting the talent needed for AI development in Hong Kong. The government also said it will formulate response measures based on the mid-term update report of manpower projections and plans to launch an 18-month AI skills enhancement program for workplace applications in the first half of 2027.
On the same day, the Hong Kong Monetary Authority said banks participating in the Intellectual Property Financing Sandbox had completed financing approvals for seven pilot cases. Loan sizes ranged from HK$1 million to HK$39 million, covering sectors including electronics, construction, toy manufacturing, and medical devices.
The Hong Kong government has released the "First Five-Year Plan for the Economic and Social Development of the Hong Kong Special Administrative Region (2026-2030)," setting out several technology-related measures under manpower and labor policy.
The plan says the government will dynamically monitor manpower supply and demand, strengthen vocational skills training, and deepen and broaden local continuing vocational training to respond to future skills needs and trends in innovative technology adoption.
Plan includes AI talent categories and a workplace training program
The document specifically says Hong Kong will update its talent list and study the addition of more talent categories related to artificial intelligence application, with the aim of attracting the people needed for the city’s AI development.
To address the impact of wider AI adoption, the government said it will formulate measures based on the mid-term update report of manpower projections. It also plans to launch an 18-month AI skills enhancement program for workplace applications in the first half of 2027.
HKMA reports progress in intellectual property financing sandbox
Also on the same day, the Hong Kong Monetary Authority said participating banks in the Intellectual Property Financing Sandbox had completed financing approvals for seven pilot cases.
The approved loan amounts ranged from HK$1 million to HK$39 million, spanning industries including electronics, construction, toy manufacturing, and medical devices. According to the Hong Kong government press release, the move is intended to strengthen Hong Kong’s intellectual property asset financing ecosystem.
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