AGP Executive Report
Last update: 10 hours agoAI Infrastructure: Hong Kong plans to expand computing capacity as demand grows. The city has 5,000 PFLOPS, including 3,000 at Cyberport’s AI Supercomputing Centre, which is over 90% utilised. Cross-Border Data: Hong Kong and Chongqing launched a blockchain-based platform to verify financial data without transferring original documents, supporting services such as account opening and loan applications. Digital Trade: The Government plans to amend the Electronic Transactions Ordinance this year to support electronic trade documents and align rules with a UN model law. Climate Research: A PolyU study warns that cyclone rainfall is extending further inland, while warming nearshore waters may increase flood risks. Innovation Support: Hong Kong backed nine applications under its pilot scheme for innovation and technology accelerators.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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