Hong Kong finance chief Paul Chan calls for more ‘open interactions’ and tech collaboration between China, US bay areas
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Hong Kong’s finance chief has called for more “open interactions and collaborative innovation” between the bay areas of China and the United States, pointing to interest from local and American companies in exploring each other’s markets for potential clients.
The latter were selected and supported by the Hong Kong Science Park to take part in a six-month exchange programme with their Silicon Valley counterparts, as well as with other tech companies from the wider San Francisco Bay Area.
“[Entrepreneurs] all recognised the abundant opportunities in each other’s bay areas. They expressed great interest in accessing potential new customers and exploring collaboration in each other’s markets,” Chan said in his weekly blog.
He added that the potential for such collaboration was not coincidental but “stemmed from the respective characteristics and advantages” of both bay areas, which “attract each other”.