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<Policy>John Lee Aims to Promote AI as Core Industry for HK Future Development
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Hong Kong's Chief Executive John Lee said in his fourth Policy Address that the government will step up the promotion of AI as a core industry for Hong Kong's development, guided by the strategy of "strengthening infrastructure and promoting the application-oriented approach". Besides, it will promote the development of AI+ and facilitate an extensive and deep integration of AI across sectors, with a view to achieving "industries for AI" and "AI for industries", while placing strong emphasis on safety risk prevention.

The government has bolstered its efforts to nurture local and attract overseas and Mainland AI professionals. Relevant measures include setting up the AIR@InnoHK research cluster that pooled over a thousand experts. Combined with nearly a thousand AI companies that have gathered in our I&T parks, this helps enhance Hong Kong's AI R&D capabilities and lay the foundations for wide-ranging AI applications.

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The government earlier announced the launch of the HKD3 billion Frontier Technology Research Support Scheme. It will help fund universities attract international top-notch scientific researchers in AI and other fields to Hong Kong to spearhead basic research in frontier technologies. The scheme will invite applications soon.
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