Trade curbs have only small impact on HK: tech chief
Secretary for Innovation, Technology and Industry Sun Dong on Wednesday downplayed the impact foreign trade restrictions have had on Hong Kong's tech industry, adding that the administration is working hard to foster the sector's development. Asked during RTHK's Overview Policy programme about restrictions on importing advanced technology products from the United States, the minister said Hong Kong does not buy such goods from a single country. "Hong Kong has had a very good international business network, and we've successfully attracted talent, technology and capital to the city from different countries and regions all over the years. So going forward Hong Kong must continue to... make more friends and expand our network around the world," Sun said. The official said "unilateral, unfriendly" measures that certain countries impose against Hong Kong have but a limited impact. "Regardless of external changes, whether Hong Kong will see healthy development depends on the city itself." Sun said authorities will introduce more leading tech firms to set up shop in the SAR, as well as nurture start-ups and established industries in the city.