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HKPC “ForeSight 2025” Explores Economic Future and Champions Sustainable Development in Hong Kong

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Experts explore new economic opportunities presented by New Productive Forces, with a focus on comprehensive support for businesses

​​HONG KONG SAR – Media OutReach Newswire – 16 January 2025 – ​As 2025 unfolds, the global economic landscape is being reshaped, with innovative technologies redefining industrial development. This marks a crucial period for Hong Kong, poised to spearhead future economic growth through innovation-driven productivity. Hong Kong Productivity Council (HKPC) hosted its thought-provoking annual signature event, “ForeSight 2025” (the Forum) today, themed “Navigating the Future of Hong Kong’s Economy with New Productive Forces.” Professor Justin Yi-fu LIN, Dean of Institute of New Structural Economics at Peking University, delivered the keynote speech to an audience of over 400 distinguished representatives from the technology, finance, and manufacturing sectors. The “ForeSight Leaders Panel” held later at the event had an in-depth discussion on how Hong Kong can harness New Productive Forces to foster sustainable economic development.

Guests of Honor, Guest Speakers, and HKPC Council Members officiate the opening of the “ForeSight 2025.”

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

Looking ahead, HKPC will continue to empower businesses with advanced technologies to seize opportunities in this area. As the first institution selected to establish a Technology and Innovation Support Centre (TISC) under the joint endorsement of the China National Intellectual Property Administration (CNIPA) and the World Intellectual Property Organisation (WIPO), HKPC will help businesses unlock their innovation potential. This includes support for creating, protecting, managing, and commercialising intellectual property, strengthening Hong Kong’s position as a regional intellectual property trading hub. HKPC is also actively empowering SMEs to expand overseas by providing comprehensive support. This encompasses consultation on Government funding schemes, remote factory management, automation, ESG consulting, green solutions, and technical training to assist expansion into ASEAN and “Belt and Road” markets.

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

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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: .

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Zuellig Pharma Acquires Cialis® (Tadalafil) from Lilly in Singapore

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SINGAPORE – Media OutReach Newswire – 3 August 2026 – Zuellig Pharma, a leading healthcare solutions company in Asia, today announced that it has acquired all rights, title, and interest in and to Cialis® (Tadalafil), a leading men’s health product from Eli Lilly and Company (“Lilly”) in Singapore.

Following the acquisition, Zuellig Pharma will now own the trademarks and marketing authorizations and licenses manufacturing know-how for Cialis®, a treatment for erectile dysfunction (ED) and benign prostatic hyperplasia (BPH), in 12 markets in Asia, with the expansion of its ownership into Singapore. Zuellig Pharma will also continue to promote and distribute the brand in these 12 markets.

The expanded ownership of Cialis® will widen accessibility of the drug to a significant population of men in Asia who are affected by ED and BPH. The acquisition also aligns with Zuellig Pharma’s strategic priority of building a strong portfolio of owned healthcare products as an integrated healthcare solutions company.

“Acquiring Cialis® in Singapore is a reflection of our proven expertise in growing world-class healthcare brands. This strategic move builds on our strong performance; true to our core purpose: to make essential healthcare more accessible for communities across Asia. We are driving sustainable growth by focusing on what matters most – the health of the people we serve”, said John Graham, CEO of Zuellig Pharma.

Hashtag: #ZuelligPharma #EliLillyandCompany #Cialis #Healthcare #MensHealth #Healthcare #Pharmaceuticals


The issuer is solely responsible for the content of this announcement.

About Zuellig Pharma

Zuellig Pharma is a leading healthcare solutions company in Asia, and our purpose is to make healthcare more accessible to the communities we serve. We provide world-class distribution, commercialization, and clinical trial support services, underpinned by a strong culture of innovation to support the growing healthcare needs in this region. The company was founded a hundred years ago and has grown to become a multibillion-dollar business covering 18 markets with over 12,000 employees. Our people serve more than 200,000 medical facilities and work with over 450 clients, including the top 20 pharmaceutical companies in the world.

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Licensed Watch Dealer Times Avenue Marks Five Years amid Singapore’s Pre-Owned Watch Market Growth

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As the global watch industry slows and fraud risks in the secondary channel draw public attention, Times Avenue is among Singapore’s secondhand luxury watch specialists seeing sustained growth on the back of shifting buyer preferences and tightening consumer scrutiny

SINGAPORE – Media OutReach Newswire – 3 August 2026 – Times Avenue by Horology Maison marks its five-year anniversary in 2026, as Singapore’s pre-owned luxury watch market expands amid a broader slowdown in the global watch industry.

A Growing Secondary Market and the Case for Regulated Dealers
The Bloomberg Subdial Watch Index, which tracks the 50 most-traded references by transaction value, recorded its best half-year performance since early 2022 in the first half of 2025, reflecting a broader shift in buyer preference towards the secondary channel.

The growth of the pre-owned segment has been driven by a combination of factors, including tighter supply of popular references at authorised dealers, record gold prices lifting new watch retail costs, and a shift among buyers towards immediate availability and market-reflective pricing.

Founded in 2020, Times Avenue has grown alongside this trend, transacting more than 3,000 authenticated timepieces from its Beach Road boutique over its first five years of operation. The boutique’s inventory is weighted towards luxury Swiss timepieces including Rolex, Patek Philippe, Audemars Piguet, Tudor and Cartier, with a focus on sought-after references that are typically subject to long waiting lists in the primary market.

At the same time, authentication and fraud risks in the secondary channel have drawn public attention, including the recent prosecution of an Italian national who attempted to trade a “fake” Rolex GMT Saru at a Singapore retailer. Both developments underline the importance of sourcing from licensed, regulated dealers.

Licensed secondhand goods dealers like Times Avenue operate under frameworks that impose customer due diligence, transaction reporting, record-keeping, and stock movement obligations. Exempted by the Singapore Police Force and a fully regulated dealer under the Ministry of Law, Times Avenue ensures that every watch sold undergoes rigorous in-house authentication before it reaches the client, and each piece is covered by an in-house warranty, giving buyers assurance of authenticity for every transaction.

Times Avenue also offers in-person buying from the public, trade-ins, consignment, and authentication, alongside retail, covering both the acquisition and resale ends of the secondary market.

Clients and prospective buyers can view current inventory, arrange private viewings, or request a sourcing consultation at https://horologymaison.com/contact-us/.
Hashtag: #TimesAvenue #PreOwnedWatches #LuxuryWatchesSingapore #WatchCollector #HorologyMaison




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Times Avenue by Horology Maison

Times Avenue by Horology Maison is a Singapore-based luxury watch grey dealer established in 2021, offering authenticated new and pre-owned timepieces from , Patek Philippe, Audemars Piguet, Tudor, Cartier and other leading maisons. The company provides retail, buying, trade-in, consignment, sourcing and authentication services from its boutique at 371 Beach Road #02-55 City Gate, Singapore 199597. Times Avenue by Horology Maison is registered with the Ministry of Law as a Regulated Dealer (Registration No. PS20220002864) and holds SPF Exempted Second-Hand Goods Dealer status.

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De Beers Group debuts Desert diamonds in Shanghai

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Over 200 industry leaders, trendsetters and cultural figures gather at The Orbit to celebrate the much-anticipated launch event

SHANGHAI, CHINA – Media OutReach Newswire – 3 August 2026 – De Beers Group unveiled the Desert diamonds campaign for Asia at West Bund Orbit in Shanghai. The immersive experience brought to life the authenticity, individuality and inner radiance embodied by Desert diamonds. Generating significant buzz across Shanghai, the event attracted distinguished guests, including government officials and ambassadors, retailers and industry partners, media and cultural influencers, artists and designers.

De Beers Group celebrates the Asia debut of Desert diamonds at The Orbit, West Bund Shanghai.

Designed by British architect Thomas Heatherwick, the West Bund Orbit’s fluid, ribbon‑like form resonates with Desert diamonds’ narrative of individuality, naturalness and fluidity, offering a visually perfect setting for the launch. The highlight of the evening was a sacred gong‑striking ceremony, symbolising the opening of a new era for Desert diamonds. Officiating at the gong-striking ceremony were Lynn Serfaty, General Manager, Natural Diamonds, De Beers Group; Annie Wong, Chief Operating Officer of Chow Tai Fook Jewellery Group; Winston Chow, Deputy General Manager of Chow Sang Sang Jewellery Group and Tommy Tse, Deputy CEO at Tse Sui Luen Jewellery Group. The ring the bell ceremony is accompanied by Loletta Lai, VP, Natural Diamond Marketing, APAC, De Beers Group and Sean Lin, VP, Sales, De Beers Group.

Government and diplomatic leaders joined the celebration to offer their congratulations. Taking the stage for a group photo were Mr. Sohail Shaikh, UK Deputy Trade Commissioner to China, UK Government / FCDO; Mr. Tom Simpson, MD, China, China-Britain Business Council; Ms. Phuti Joyce Tsipa, South African Consul-General in Shanghai; Ms. Bertha Amakali, Minister Counsellor of Namibia to China; Mr. Lin Qiang, President of Shanghai Diamond Exchange Center; Ms. Xu Yilei, Managing Director of the Natural Diamond Council Greater China; Ms. Meng Xiaojun, Chief Economist of NGTC; Shridaran Pillay, VP Government Affairs, De Beers Group, underscoring the event’s cross‑cultural significance.

“Desert diamonds captures the untamed beauty and power of the desert,” said Lynn Serfaty, “In China, natural diamonds are not imports—their origins are deeply rooted in ancient civilisation. The desert itself resonates with the Chinese cultural appreciation for transcendence, resilience, and the harmony between heaven and humanity.”

“Today’s consumers seek individual expression, true self, and self‑reward,” she continued, “Each Desert diamond is a response to this desire. Every Desert diamond presents a uniquely warm, natural colour and carries the imprint of billions of years. It is this cultural resonance that is driving the growing interest and appreciation of Desert diamonds in the Chinese market, representing the values most precious in our time: authenticity, individuality, and inner radiance.”

Departing from traditional jewellery launch formats, De Beers Group invited four “Real People” who embody the spirit of authenticity through their real‑life journeys to reveal the essence of Desert diamonds. The event opened with Desert diamonds “Real People” and sound healer Lear Tsui’s ethereal “Healing Trace” gong performance, guiding guests into a serene state of inner exploration. In the performance segment “Colour of Origin” that followed – Guo Yu’ang, a young Peking opera artist of the Mei School, honoured tradition with a graceful and elegant aria, conveying the beauty of heritage. The only female “Real People”, Shi Wei, China’s first F1 Academy female driver, made a stunning appearance wearing Desert diamonds jewellery at the “Blade of Resilience” segment. She shared with conviction: “True strength is often not outwardly expressed but built through intense focus. Just like the formation of natural diamonds—seemingly silent, yet enduring pressure over eons to achieve transformation.” Taking the stage at the finale “Ray of Refraction”, stand‑up comedian Liu Yang ignited the room with a series of humorous and heartfelt performances, and amidst the laughter, he led everyone into the moment of the very first reveal of Desert diamonds jewellery. Liu Yang shared: “True brilliance is not about being flawless, but about embracing every aspect of yourself, just as Desert diamonds reflects a unique individuality through the natural beauty of diamonds.”

At the heart of the celebration was a curated jewellery art exhibition, presenting Desert diamonds jewellery masterpieces by Chow Tai Fook, Chow Sang Sang and Tse Sui Luen, alongside De Beers Group’s iconic three‑stone collection and loose Desert diamonds. De Beers Group creatively partnered with bamboo weaving artist Xu Mingyu, who used the intangible cultural heritage of bamboo weaving to create immersive art installations throughout the venue. The Desert diamonds jewellery was placed amidst an intricate interplay of bamboo rhythms, sparking a poetic dialogue between contemporary jewellery design and millennia‑old craftsmanship. This distinctive Eastern aesthetic not only offered a fresh visual delight, but also interpreted the beauty of individuality, the authenticity of craftsmanship, and the radiance of time‑honoured tradition embodied by Desert diamonds from a local perspective, further underscoring De Beers Group’s Building Forever sustainability commitment.

To bring the experience to a memorable close, guests continued the journey through sensory party, where sound, scent and imagery combined to evoke the beauty at the heart of Desert diamonds. Interactive zones included a sand art experience allowing guests to co‑create with their fingertips, feeling the flow and eternity of the desert, a Gong Sound healing session using resonant frequencies to guide guests into a state of calm and introspection, and a Scents of the Desert fragrance experience blending warm amber and deep woody notes to outline the raw, pure beauty of the desert earth. Each experience acted as a different facet of a Desert diamond, collectively reflecting the themes of authenticity, individuality, and inner radiance.

To delve deeper into the spirit of the theme, De Beers Group hosted a series of panel talks, offering different perspectives on the evolving role of natural diamonds in modern life. Consumers were invited to participate in Natural Diamond Masterclasses, where they learned about the rarity, uniqueness and enduring value of natural diamonds, and gained further understanding of how to distinguish natural diamonds from laboratory‑grown diamonds. In addition, enamel painting workshops allowed guests to explore the dialogue between traditional craftsmanship and contemporary design.

Desert diamonds opens a new chapter in the celebration of natural diamonds, honouring their deep‑earth origin, inherent rarity, and cross‑cultural significance as symbols of individuality, natural beauty and self‑reward. Today, consumers increasingly look for pieces that reflect not only who they are, but how they choose to live, celebrate and express themselves. Desert diamonds answers that desire with a natural diamond expression shaped by individuality, authenticity and inner radiance. Looking ahead, De Beers Group will continue to celebrate the enduring wonder of natural diamonds and inspire a new generation to discover their relevance in today’s world. Desert diamonds breathe new life into “A Diamond is Forever”—because natural diamonds belong not only to eternity, but also to the here and now.

Please follow the official accounts to find more information regarding Desert diamonds.

De Beers Group Official Website
www.debeersgroup.com
Natural Diamond Instagram Page:
@ADiamondisForeverhk

Hashtag: #Naturaldiamonds #Diamonds #DeBeersGroup #Desertdiamonds #ADiamondisForever

The issuer is solely responsible for the content of this announcement.

About De Beers Group

Established in 1888, De Beers Group is the world’s leading diamond company with expertise in the exploration, mining, marketing and retailing of diamonds. Together with its joint venture partners, De Beers Group employs more than 20,000 people across the diamond pipeline and is the world’s largest diamond producer by value, with diamond mining operations in Botswana, Canada, Namibia and South Africa. Innovation sits at the heart of De Beers Group’s strategy as it develops a portfolio of offers that span the diamond value chain, including its jewellery houses, De Beers London and Forevermark, and other pioneering solutions such as diamond sourcing and traceability initiatives Tracr and GemFair. De Beers Group also provides leading services and technology to the diamond industry in the form of education and laboratory services and a wide range of diamond sorting, detection and classification technology services. De Beers Group is committed to ‘,’ a holistic and integrated approach to sustainability that underpins our efforts to create meaningful impact for the people and places where our diamonds are discovered. Building Forever focuses on three key areas where, through collaborations and partnerships around the globe, we have an enhanced ability to drive positive impact; Livelihoods, Climate and Nature. De Beers Group is a member of the Anglo American plc group. For further information, visit .

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