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HKPC “ForeSight 2025” Explores Economic Future and Champions Sustainable Development in Hong Kong
Experts explore new economic opportunities presented by New Productive Forces, with a focus on comprehensive support for businesses
Hon Sunny TAN, Chairman of HKPC, emphasised the crucial role of New Productive Forces in shaping Hong Kong’s economic future. He stated that the HKSAR Government is actively aligning with national development strategies, leveraging Hong Kong’s strengths in fundamental research and its international standing to accelerate the development of New Productive Forces. This focus aims to foster emerging industries and transform traditional sectors. HKPC has launched the “New Productive Forces Service Platform,” designed to empower businesses, particularly SMEs, to capitalise on emerging opportunities, enhance competitiveness, and contribute to high-quality development.
Hon Sunny TAN added that the Forum featured a keynote speech by Professor Justin Yi-fu LIN, former Chief Economist of the World Bank, who has analysed Hong Kong’s distinct industrial advantages and development prospects from the perspective of “New Structural Economics,” exploring strategic pathways for Hong Kong to enhance New Productive Forces within the current global context. Furthermore, the Forum convened influential industry leaders to examine how Hong Kong can strategically deploy innovation and technology (I&T) to maximise its unique advantages in new industrialisation, facilitating SMEs’s global expansion, and strengthening intellectual property protection. Through this Forum, HKPC aims to equip businesses with the insights and tools necessary to seize innovative opportunities and contribute to a more prosperous Hong Kong.
Professor Justin Yifu LIN, Dean of the Institute of New Structural Economics at Peking University, offered insights into Hong Kong’s unique advantages in developing new productive forces from the perspective of “New Structural Economics”. As the first scholar from a developing country to serve as the World Bank’s Chief Economist, Professor LIN noted that new productive forces stem from technological revolutions and industrial transformations, characterised by “high-end technology, high quality, and high efficiency.” To cultivate these forces, it is essential to foster emerging industries such as new energy, advanced materials, artificial intelligence (AI), electronic information, and biomedicine. Additionally, developing future industries like quantum computing and controlled nuclear fusion is crucial. This process also requires the effective integration of digitalisation, intelligent automation, and green technologies to enhance and upgrade traditional industries.
Professor LIN further emphasised that Hong Kong should adopt a pragmatic “build before breaking and adapt to local conditions” development strategy for fostering new productive forces. Leveraging its world-class educational resources, rich talent pool, and strong connections to the extensive manufacturing ecosystem in Mainland China, Hong Kong is uniquely positioned to commercialize research and development outcomes and upgrade traditional industries. Hong Kong boasts a well-established innovation ecosystem that serves as a vital bridge between Mainland and global markets. This strategic advantage will enable Hong Kong to achieve significant breakthroughs in areas such as smart manufacturing and green finance, effectively capitalising on the opportunities presented by the Fourth Industrial Revolution.
ForeSight Leaders Panel Focuses on Innovative Development
The “ForeSight Leaders Panel”, moderated by media veteran Professor Vincent WONG Wing, focused on the pivotal question: “How New Productive Forces Can Propel Hong Kong’s Economy to New Heights.” Professor Simon WONG, Vice President of the Chinese Manufacturers’ Association of Hong Kong (CMA), highlighted the CMA’s initiatives to promote sustainable development among local businesses, encouraging SMEs to embrace digital transformation, and implement ESG principles to enhance competitiveness and foster sustainable economic growth. Mr Jude CHOW, Deputy Chairman of the Federation of Hong Kong Industries (FHKI), shared the FHKI’s successful collaboration with HKPC on environmentally friendly technology innovation projects. He reaffirmed FHKI’s commitment to facilitating industry collaboration through networking events, enabling Hong Kong businesses to capitalise on opportunities from the Belt and Road Initiative and the green economy for high-quality development. Dr Kang QU, Managing Director of Sustainability Strategy, Deputy General Manager of the Economics & Strategic Planning Department and Deputy Head of the Hong Kong Financial Research Institute at Bank of China (Hong Kong), underscored the crucial role of green finance in driving new productive forces. He pointed out the strong global demand for green investments and Hong Kong’s potential to attract substantial green capital by leveraging opportunities in Belt and Road Initiatives, with its robust financial system and leading green bond market.
HKPC Walks Hand-in-Hand with Industries
In this evolving landscape, HKPC will continue to work hand in hand with the industry, collaborate with various sectors including the Government, industry, academia, research, and investment to accelerate the transformation of research achievements and the implementation of advanced manufacturing technologies. HKPC is committed to contributing to Hong Kong’s development as an international I&T hub, promoting New Productive Forces and new industrialisation.
Hashtag: #HongKongProductivityCouncil
The issuer is solely responsible for the content of this announcement.
About Hong Kong Productivity Council
The Hong Kong Productivity Council (HKPC) is a multi-disciplinary organisation established by statute in 1967, to promote productivity excellence through relentless drive of world-class advanced technologies and innovative service offerings to support Hong Kong enterprises. As a nationwide leader in innovative, market-driven research and development (R&D) internationally, specialising in leading technologies and all-rounded manufacturing services, HKPC promotes new industrialisation in Hong Kong and the Greater Bay Area and facilitates the development of new productive forces, leveraging innovation and technology (I&T), as well as bolstering Hong Kong to be an international innovation and technology centre and a smart city. The Council offers comprehensive innovative solutions for Hong Kong industries and enterprises, enabling them to achieve resources and productivity utilisation, effectiveness, and cost reduction, and enhance competitiveness in both local and overseas marketplace. The Council partners and collaborates with local industries and enterprises and world-class R&D institutes to develop applied technology solutions for value creation. It also benefits a variety of sectors through product innovation, technology transfer, and commercialisation, bringing enormous business opportunities ahead. HKPC’s world-class R&D achievements have been widely recognised over the years, winning an array of local and overseas accolades.
In addition, HKPC offers SMEs and startups immediate and timely assistance in coping with the ever-changing business environment and strengthens talent nurturing and Hong Kong’s competitiveness with FutureSkills training for enterprises and academia to enhance digital capabilities and STEM competencies. For more information, please visit HKPC’s website:
www.hkpc.org/en.
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Woodfibre LNG Marks 2025 as a Year of Construction Progress, Environmental Stewardship and Community Partnership
Over the past year, the project advanced from planning into visible, on-the-ground execution. Major construction milestones included the pouring of foundations for key modules, continued progress on marine piling, and further implementation of modular construction techniques designed to reduce on-site footprint while accelerating delivery timelines.
These advancements were achieved through close collaboration with project partners, suppliers and contractors, and in partnership with the Sḵwx̱wú7mesh Úxwumixw (Squamish Nation).
In 2025, Woodfibre LNG, a member of the RGE group of companies founded by Sukanto Tanoto, continued to operate its floatel workforce accommodation solution, designed to minimise pressure on local housing and community services. As of November, two floatels were in active operation, providing high-quality, safe and comfortable living conditions for the project workforce while supporting construction efficiency.
Environmental protection remained a central focus throughout the year. The project’s Marine Mammal Monitoring Programme, which includes hydroacoustic monitoring, exclusion zones and shore-based observation posts, delivered measurable outcomes by enabling real-time operational decisions, including pauses to marine activities when marine mammals entered exclusion areas.
In parallel, remediation of legacy materials from the former pulp mill site continued, with hundreds of thousands of tonnes of historical waste removed. These efforts have contributed to improving site conditions for both local communities and marine and terrestrial ecosystems in Howe Sound.
Woodfibre LNG’s Operator Training Programme, delivered in partnership with the Squamish Nation Training and Trades Centre and the British Columbia Institute of Technology (BCIT), progressed throughout the year. The programme’s first cohort of graduates transitioned into full-time roles, supporting the development of long-term, skilled local employment opportunities linked to the project.
Through its Community Partnership Programme (CPP), Woodfibre LNG continued to invest in local communities across the Sea-to-Sky corridor. In 2025, the programme surpassed $1 million in total grants since its inception, supporting initiatives in sports, healthcare, emergency services, arts and culture, and youth development.
Luke Schauerte, CEO of Woodfibre LNG, said, “2025 has been a year of significant progress for Woodfibre LNG. We are proud of what our team and partners have accomplished together and look forward to building on this momentum in the year ahead.”
With more than half of the project’s development now complete, Woodfibre LNG remains focused on advancing construction safely and responsibly, while maintaining strong partnerships with Indigenous communities, local stakeholders and regulators.
As the project looks ahead to 2026, Woodfibre LNG continues its work toward delivering lower-carbon, responsibly produced Canadian energy to international markets.
Hashtag: #RGE #PacificEnergy #PacificCanbriamEnergy #WoodfibreLNG #LNG #environment #partnerships #LNG #liquefiednaturalgas #energy #sustainability
The issuer is solely responsible for the content of this announcement.
About Woodfibre LNG
The Woodfibre LNG Project is owned by Woodfibre LNG Limited Partnership, owned 70 per cent by Pacific Energy Corporation (Canada) Limited and 30 per cent by Enbridge Inc. The Woodfibre LNG facility is being built on the site of the former Woodfibre pulp mill site, which is located about seven kilometres southwest of Squamish, B.C. Woodfibre LNG will source its natural gas from Pacific Canbriam Energy, a Canadian company with operations in Northeastern British Columbia. Pacific Canbriam is an industry leader in sustainable natural gas production. Woodfibre LNG and Pacific Canbriam Energy are subsidiaries of Pacific Energy Corporation Limited. Woodfibre LNG is the first industrial project in Canada to recognise a non-treaty Indigenous government, Sḵwx̱wú7mesh Úxwumixw (Squamish Nation), as a full environmental regulator.
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New Opportunities in Southeast Asia’s Digital Shift: Thailand Emerges as the New ASEAN’s AI Hub
The expansion of AI and data centers (DCs) in Thailand is driving several transformative trends:
- Changing data traffic patterns. As DCs multiply in Bangkok, Chonburi, and beyond, Thailand is evolving from a traditional data “transit point” into a regional “convergence hub.” East-west digital traffic is accelerating, with Thai DC clusters increasingly meeting the computing demands of Southeast Asia and the broader Asia-Pacific.
- Optimized data routing. Data flows that once relied on submarine cables via Hong Kong and Singapore are gradually shifting to land-based digital corridors linking China, Laos, and Thailand. This route reduces data transmission latency from southwestern China to Southeast Asia.
- Elevated business expectations. Demand is shifting beyond “sufficient bandwidth” toward “high-quality experience.” Thailand sits in a “latency sweet spot” for key Asia-Pacific markets, with latencies to Singapore, Vietnam, and Malaysia falling within an optimal range—a crucial advantage for latency-sensitive sectors like autonomous driving, telemedicine, and fintech.
New opportunities inevitably bring new challenges, and Thailand also addresses the following three challenges:
1. Massive traffic impacting existing networks: Compared with mature hubs like Singapore, Thailand has insufficient international submarine cables. A large volume of cross-border data still needs to be transmitted through detours. Meanwhile, as DC investments continue to accelerate, traffic will keep rising. Analysis shows that by 2029, Thailand’s DC capacity may reach 2000 MW, with cross-region traffic surging to 630 Tbps. The current network architecture is no longer capable of supporting such heavy traffic.
2. Latency advantages not fully realized: Despite its geographic advantages, Thailand’s network latency performance has yet to reach its full potential. Routes to key markets, like China, still require third-party transit. What’s more, traditional network scheduling lacks intelligent route selection capabilities, making it difficult to provide deterministic assurance for latency-sensitive services like financial transactions and real-time AI interactions.
3. Potential risks in network reliability: Thailand’s network reliability faces structural challenges. Single points of failure have previously caused hours-long interruptions to critical services, directly undermining enterprise users’ confidence.
To overcome these challenges, Thailand can take a systematic approach to upgrading its digital infrastructure, aiming to build next-generation AI-ready networks.
1. Building ultra-high-bandwidth “sea-land” connectivity. By actively introducing new submarine cables, Thailand can significantly enhance its connectivity with the Asia-Pacific region and the world. Meanwhile, accelerating the construction and expansion of key terrestrial cable routes—such as China-Laos-Thailand and Thailand-Malaysia-Singapore—will transform Thailand’s geographic advantage into a tangible connectivity advantage.
2. Optimizing network routes to create a regional low-latency core. Strengthening the Kunming-Laos-Thailand terrestrial cable route will continuously reduce transmission latency between China and Thailand, meeting the needs of real-time applications. In addition, the introduction of autonomous networks will enable automatic selection of the optimal, shortest route, shifting from “best effort” to “deterministic low latency.”
3. Designing a “never-interrupted” high-resilience architecture. Deploying active-active DC networks with millisecond-level switchover capabilities ensures the continuity of core services. Meanwhile, AI-driven intelligent O&M can reduce fault detection and diagnosis from hours to minutes.
Thailand’s booming AI and DC industries are driving rapid growth in regional and cross-border business demand. In this trend, network infrastructure construction centered on DCs is the core engine that drives AI transformation, propelling Thailand toward its vision of becoming the new AI hub for ASEAN.
Hashtag: #huawei
The issuer is solely responsible for the content of this announcement.
Media OutReach
MyRepublic Launches Card Sub, Singapore’s First Subscription Service for Trading Card Game Fans

Hashtag: #CardSub, #MyRepublic #MyRepublicCardSub #CardSubSG #TCG #GeeksUseUs
https://myrepublic.net/sg/
https://www.linkedin.com/company/myrepublic
https://x.com/myrepublic
https://www.facebook.com/MyRepublicSG/
https://www.instagram.com/myrepublicsg/
The issuer is solely responsible for the content of this announcement.
MyRepublic
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