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HKPC Launches “The Cradle – Going Global Service Centre” Partners with Three National Innovation Centres Achieves Three Early Going Global Success Cases
Empowering Enterprises in Global Expansion and Reinforcing Hong Kong’s Position as an International Innovation and Technology Hub
HONG KONG SAR – Media OutReach Newswire – 11 April 2025 – The Hong Kong Productivity Council (HKPC) officially launched “The Cradle – Going Global Service Centre” (The Cradle) today, supported by the Zhongguancun Beijing-Hong Kong-Macao Youth Innovation Centre, the National Innovation Centre par Excellence (NICE), and the Greater Bay Area National Centre of Technology Innovation. The Cradle will assist enterprises in expanding into international markets. The launch coincided with the “Enterprises Going Global Conference”, which gathered over 500 leaders from government, industry, academia, research and investment sectors to explore internationalisation strategies and global market opportunities.
Located at the HKPC Building, The Cradle offers one-stop professional support for Hong Kong and mainland tech innovation enterprises, including international standards alignment, product localisation and internationalisation support, intellectual property management and protection, and overseas regulatory compliance. It is designed to empower more Hong Kong and Mainland enterprises succeed in the global market.
This year’s Government Work Report from the “Two Sessions” emphasised Hong Kong should “deepen international exchanges and cooperation”. With the distinctive advantages of “One Country, Two Systems“, enjoying strong support of the Motherland and being closely connected to the world, Hong Kong serves as an ideal launchpad for both Hong Kong and Mainland enterprises to pilot new products and business models before entering international markets. Leveraging HKPC’s technical expertise and international networks, The Cradle will enable enterprises to navigate global standards and enhance their international competitiveness.
To mark its launch, The Cradle is showcasing three early Going Global success cases from UISEE Technology (Beijing) Ltd, Beijing Tashan Technology Co., Ltd, and Beijing Yunji Technology Co., Ltd. Drawing on HKPC’s extensive experience in standards testing, applied R&D, scenario-based deployment, and smart manufacturing, The Cradle will also leverage Hong Kong’s strengths in intellectual property protection, supply chain management, trade finance, and ESG to support enterprise upgrades in smart manufacturing, green transformation, and digitalisation. HKPC will join hands with its partners to explore new global opportunities for enterprises and forge a comprehensive support network for going global.
The “Enterprises Going Global Conference” and the inauguration ceremony of “The Cradle” were officiated by Professor SUN Dong, JP, Secretary for Innovation, Technology and Industry of the HKSAR Government, and Hon Sunny TAN, Chairman of the Hong Kong Productivity Council.
In his opening remarks, Professor SUN Dong, JP, Secretary for Innovation, Technology and Industry of the HKSAR Government, stated: “The country has been vigorously advancing technology development in recent years, with a growing number of tech enterprises emerging and seeking new breakthroughs and business opportunities. As global competition intensifies, going global has become a key development strategy for enterprises. With our unique position as an international financial and trading hub, Hong Kong is accelerating the development into an international I&T centre and is well-placed to serve as a launch pad for enterprises. The establishment of The Cradle – Going Global Service Centre will enhance cross-regional collaboration, accelerate the integration of technology and industry, and support more enterprises in expanding globally through Hong Kong. This further reinforces Hong Kong’s status as an international I&T hub.”
Hon Sunny TAN, Chairman of the Hong Kong Productivity Council, stated in his welcome remark, “HKPC has long been committed to driving new industrialisation and supporting enterprise transformation and upgrading. In alignment with the national innovation-driven development strategy, we are collaborating with three major innovation hubs — in the Beijing-Tianjin-Hebei Region, the Yangtze River Delta, and the Guangdong-Hong Kong-Macao Greater Bay Area — which together serve tens of thousands of enterprises. Over the past decade, HKPC has completed over 1,400 smart projects in the Greater Bay Area, and launched the ‘9+3+1 Development Plan’ to establish service bases and R&D centres, empowering SMEs to expand globally with high quality. As economies in the Global South continue to rise, we look forward to working across sectors through ‘The Cradle’ to forge a strong and sustainable outbound ecosystem for both Hong Kong and Mainland enterprises.”
Mr Zhang Kai, Executive Deputy General Manager of the Zhongguancun Beijing-Hong Kong-Macao Youth Innovation Centre highlighted the significance of The Cradle’s establishment as a major milestone. He said that this initiative will provide Beijing’s technology enterprises with comprehensive internationalization support to accelerate the global deployment of cutting-edge innovations. He added that his team anticipate strengthening its collaboration with HKPC to enhance cross-border partnerships, develop high-potential projects, and empower Beijing-based companies to succeed internationally.
Professor LIU Qing, Director of National Innovation Center par Excellence (NICE) said, “National Innovation Centre par Excellence(NICE)has always been committed to building an open and integrated innovation ecosystem to facilitate the globalization of enterprises, manifested by nurturing numerous joint innovation centres, internationally competitive R&D platforms, and project companies. Looking forward, we will continue to deepen our cooperation with HKPC, taking full benefits of Hong Kong’s regional advantages offered through Cradle, to help the Yangtze Delta enterprises overcoming the bottlenecks of global expansion. We will further leverage the industrial and innovation advantages of the Yangtze Delta, and work together with HKPC to create a new paradigm of ‘Yangtze Delta Cultivation + Hong Kong Services + Global Market’, so as to promote more enterprises to go global.”
Mr Wang Debao, Deputy Director of the Greater Bay Area National Centre of Technology Innovation stated that The Cradle leverages the international platform advantages of HKPC to provide the whole chain support for enterprises from technical verification to overseas implementation, serving as a critical bridge for their global expansion. The Greater Bay Area National Center of Technology Innovation will actively deepen collaboration with major innovation hubs, assisting mainland enterprises in overcoming technical barriers and challenges in international markets, and accelerating the high-quality development and global application of new quality productivity achievements.
Enterprises Going Global Conference Explores Global Innovation Opportunities
The Enterprises Going Global Conference featured in-depth discussions with leading industry speakers on global market trends, technology innovation, and policy-capital synergy. Key topics included global expansion strategies, overcoming internationalisation challenges, and leveraging professional services, technology collaboration, and regulatory frameworks to support sustainable global growth.
Hashtag: #HKPC
The issuer is solely responsible for the content of this announcement.
The Hong Kong Productivity Council (HKPC)
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: www.hkpc.org
Media OutReach
SIM and the True Worth of Education: Beyond Tuition Fees
Local Public Universities: Affordable and Prestigious
Singapore’s autonomous universities remain among the most cost-effective options for Singapore citizens, thanks to the Ministry of Education’s Tuition Grant. For example, undergraduate programs at NUS and NTU cost around S$8,250 per year for Singaporeans, while SMU averages S$11,500 annually. Other institutions such as SUTD, SUSS and SIT fall within similar ranges, typically between S$8,000 and S$13,500 per year. Over a three- to four-year degree, this translates to roughly S$25,000 to $54,000 in tuition fees.
The autonomous universities offer strong reputations and excellent graduate outcomes, but entry to some programme is highly competitive, and program flexibility may be limited compared to private or overseas options.
Overseas Universities: Prestige Comes at a Price
For families considering an overseas education, costs escalate dramatically. Tuition at U.S. private universities averages US$50,000 to US$60,000 per year (about S$70,000 to S$84,000), with living expenses adding another US$10,000 to US$15,000 annually. In the UK, fees range from £10,000 to £38,000 per year (approximately S$17,000 to $65,000), while Canada and Australia typically charge S$14,000 to $28,000 for tuition alone. Factoring in accommodation, travel, and insurance, a four-year overseas degree can easily exceed S$150,000.
While these programs offer prestige and cultural immersion, they also involve significant financial, visa, and lifestyle considerations.
SIM Global Education: International Degrees at Local Cost
SIM offers a compelling alternative for students seeking global credentials without the high cost of studying abroad. Through partnerships with leading universities from the UK, Australia, the U.S., Canada, and Europe, SIM delivers more than 140 programs in Singapore, allowing students to earn internationally recognized degrees, essentially the same degree if you studied overseas, but locally at SIM. Tuition fees vary by program, for example, a University of London BSc ranges from S$26,685 to S$42,835, a University of Birmingham top-up degree costs S$42,000 to S$57,100, and a degree from the University at Buffalo falls between S$41,700 and S$74,600 for Singaporeans.
Beyond competitive pricing, SIM emphasizes value. Degrees are awarded by partner universities and aligned with global academic standards. The institution holds EduTrust Star certification and ISO accreditation, ensuring the best quality assurance. Students benefit from bond-free scholarships and bursaries, as well as Career Connect services that provide internships, mentoring, and employer networking. Graduate outcomes are strong, with nearly 80% of SIM graduates securing employment within six months of graduation.
Why Value Matters as Much as Cost
Choosing a degree isn’t just about tuition fees, it’s about the total investment, which includes living costs, global recognition, and career outcomes. Local autonomous universities such as NUS, NTU, and SMU remain highly attractive for their subsidized fees and strong reputations, making them one of the most cost-effective options for Singaporeans. However, entry is competitive, and program flexibility may be limited.
On the other end of the spectrum, overseas universities offer prestige and cultural immersion but often come with six-figure costs and additional living expenses. This is where SIM provides a strategic middle ground, delivering internationally recognized degrees from leading global universities at local cost. Students gain access to global curricula, industry-ready skills, and career networks without the financial burden of relocating overseas. For families seeking international exposure at sustainable costs, SIM combines affordability with the value of global education
References:
- NUS Fees for Undergraduate Programmes – https://www.nus.edu.sg/registrar/docs/info/administrative-policies-procedures/ugtuitioncurrent.pdf
- NTU Fees for Undergraduate Programmes – https://www.ntu.edu.sg/docs/default-source/onestop@sac/2025/tuition-fees-ft-ay2025_12mar25.pdf?sfvrsn=b8c5474_1
- SMU Fees for Undergraduate Programmes – https://admissions.smu.edu.sg/financial-matters/tuition-fees-grant
- SUTD Fees for Undergraduate Programmes – https://www.sutd.edu.sg/admissions/undergraduate/education-expenses/fees/tuition-fees/
- SUSS Fees for Undergraduate Programmes – https://www.suss.edu.sg/admissions/financial-matters/tuition-fee-subsidy/full-time-undergraduate
- SIT Fees from Undergraduate Programmes – https://www.suss.edu.sg/admissions/financial-matters/tuition-fee-subsidy/full-time-undergraduate
- Comparison of Tuition Fees in US, UK, Canada and Australia – https://uninist.com/blog/financial-planning/comparison-of-tuition-fees-guide
- How much does college cost in 2025 – https://research.com/universities-colleges/how-much-does-college-cost
- Price of attending undergraduate institutions – https://nces.ed.gov/programs/coe/indicator/cua
- University of London Bachelor Degree – https://www.sim.edu.sg/degrees-diplomas/programmes/programme-listing?academic=2%7C&programmetype=1%7C3&university=1%7C
- University of Brimingham Bachelor Degree – https://www.sim.edu.sg/degrees-diplomas/programmes/programme-listing?academic=2%7C&programmetype=1%7C3&university=10%7C
Hashtag: #SIMGlobalEducation #SIMGE #GlobalEducation #InternationalDegree #CareerReady #FutureSkills
The issuer is solely responsible for the content of this announcement.
About SIM Global Education
SIM Global Education (SIM GE) is a leading private education institution in Singapore and the region. We offer more than 140 academic programmes ranging from diplomas and graduate diploma programmes to bachelor’s and master’s degree programmes with some of the world’s most reputable universities from Australia, Canada, Europe, United Kingdom, and the United States. SIM GE’s cohort is made up of 16,000 full- and part-time students and adult learners, of which approximately 36% are international students hailing from over 50 countries.
SIM GE’s holistic learning approach and culturally diverse learning environment aim to equip students with knowledge, industry skills and employability competencies, as well as a global perspective to succeed as future leaders in a fast-changing, technologically driven world.
For more information on SIM Global Education, visit sim.edu.sg
Media OutReach
A-Level vs Polytechnic: Understanding different pathways offer competitive edge at SIM
Conversely, Polytechnic programmes emphasize applied learning, incorporating projects and industry attachments, and culminate in a diploma after three years. Understanding how these distinct approaches translate into admission considerations at SIM, one of Singapore’s leading private education institutions, is essential.
For students and parents, evaluating these options is critical to determining which pathway offers the greatest advantage in today’s competitive education landscape.
Applying with A-Levels
For students who have completed A-Levels, SIM requires applicants to meet the academic and English language criteria specified for each degree programme. According to SIM’s admissions process, candidates must submit their GCE A-Level certificates and transcripts along with other supporting documents. Entry is subject to programme-specific requirements set by SIM and its universities partner from Australia, Canada, Europe, the United Kingdom, and the United States. This pathway allows applicants to begin their degree studies immediately after junior college, provided they meet the specific entry requirements for their chosen programme.
Applying with a Polytechnic Diploma
Polytechnic graduates may be eligible for advanced standing and credit exemptions when applying to SIM’s degree programmes. The amount of exemption depends on the relevance of the diploma and the chosen degree. For example, IT-related diplomas from local polytechnics can receive up to two years of credit exemptions for certain programmes, such as those offered by the University of Wollongong, provided the applicant meets GPA requirements (typically 2.0 or above). Other diplomas may receive partial exemptions on a case-by-case basis. These exemptions reduce both time and cost, making SIM an attractive option for Polytechnic graduates who want to build on their applied learning experience.
Why It Matters
According to the Ministry of Education (MOE) statistics in 2021, roughly one in three Polytechnic graduates progress to local autonomous universities, compared to about four in five A‑Level and International Baccalaureate graduates. This gap underscores the importance of additional pathways such as SIM, which enable Polytechnic graduates to earn globally recognised degrees and expand their career prospects.
Student Stories: Two Potential Paths to Success at SIM
At SIM, students have the flexibility to shape their academic journey based on their background and career goals. For some, it’s about gaining a head start; for others, it’s about leveraging credit exemptions to fast-track progress. Ashley Ong and Violet Weng exemplify these two pathways, each leading to success in its own way.
Ashley Ong, an A-Level graduate, chose to begin her degree journey with the University at Buffalo Bachelor of Science in Business Administration. She embraced every opportunity SIM offered such as internships, hackathons, and networking events, building practical skills and global perspectives that prepared her for a competitive business world.
Meanwhile, Violet Weng, a Singapore Polytechnic graduate, opted for a different approach. While pursuing her RMIT Bachelor of Business (Economics and Finance), Violet leveraged SIM’s credit exemptions to shorten her study duration and reduce costs, all while working full-time. This flexibility allowed her to balance work and study, accelerate graduation, and advance her career without compromise.
Both stories highlight SIM’s commitment to offering customized pathways for students whether you’re starting fresh or building on prior learning.
Conclusion
Whether you come from an academic route like A-Levels or an applied learning path through Polytechnic, the journey to a degree can look very different. A-Level graduates often enjoy a head start with direct entry, while Polytechnic graduates benefit from credit exemptions that recognize their practical skills. Both pathways reflect Singapore’s evolving education landscape where flexibility and global opportunities matter more than ever.
References:
- MOE Post-Secondary – https://www.moe.gov.sg/post-secondary/
- SIM Application Process – https://www.sim.edu.sg/degrees-diplomas/admissions/application-process
- SIM-UOW Credit Exemption Table – https://www.sim.edu.sg/getmedia/9c0ad90d-5910-4d47-b044-f815188a4b16/sim002856.pdf
- MOE Education Statistics Digest – https://www.moe.gov.sg/about-us/publications/education-statistics-digest
- Polytechnic graduates progression and subsidies for PEIs – https://www.moe.gov.sg/news/parliamentary-replies/20210510-polytechnic-graduates-progression-and-subsidies-for-peis
- askST: How many uni places are there for Singaporeans? Is there a quota for poly grads? – https://www.straitstimes.com/singapore/how-many-uni-places-for-locals-any-quota-for-poly-grads
- How 6 internships, 4 hackathons, and CCAs paved the way for Ashley – https://www.sim.edu.sg/articles-inspirations/how-6-internships-4-hackathons-and-ccas-paved-the-way-for-ashley
- How this graduate pivoted her career by pursuing a degree while working full time – https://www.sim.edu.sg/articles-inspirations/how-this-graduate-pivoted-her-career-by-pursuing-a-degree-while-working-full-time
Hashtag: #SIMGlobalEducation #SIMGE
The issuer is solely responsible for the content of this announcement.
About SIM Global Education
SIM Global Education (SIM GE) is a leading private education institution in Singapore and the region. We offer more than 140 academic programmes ranging from diplomas and graduate diploma programmes to bachelor’s and master’s degree programmes with some of the world’s most reputable universities from Australia, Canada, Europe, United Kingdom, and the United States. SIM GE’s cohort is made up of 16,000 full- and part-time students and adult learners, of which approximately 36% are international students hailing from over 50 countries.
SIM GE’s holistic learning approach and culturally diverse learning environment aim to equip students with knowledge, industry skills and employability competencies, as well as a global perspective to succeed as future leaders in a fast-changing, technologically driven world.
For more information on SIM Global Education, visit sim.edu.sg
Media OutReach
K. Wah Group Donates Additional HK$12.07 Million for Tai Po Recovery
Chairman Mr. Francis Lui Urges Public to Turn Compassion into Action and Vote 7 December
HONG KONG SAR – Wechat: 嘉华集团 K. Wah Group
https://www.youtube.com/@kwahgroup
The issuer is solely responsible for the content of this announcement.
About K. Wah Group
K. Wah Group was founded in 1955 by Dr. Lui Che Woo and has since grown into a diversified multinational corporation. Its core businesses span property development and investment, integrated resort and entertainment, hospitality, and construction materials.
The Group has a strong presence in Mainland China, Hong Kong, Macau, Southeast Asia, and key international markets. Its major subsidiaries include two Hong Kong-listed flagships: K. Wah International Holdings Limited (HKEX: 00173), focused on premium property development and investment; and Galaxy Entertainment Group Limited (HKEX: 00027), a constituent of the Hang Seng Index and a leading gaming and entertainment operator in Macau. Other key members of the Group include Stanford Hotels International and K. Wah Construction Materials Limited. Today, K. Wah Group comprises over 200 subsidiaries worldwide.
Website:
http://www.kwah.com
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