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Hong Kong seeks to strengthen ties with the Middle East by leveraging its position as a technology and innovation hub

During this week’s Future Investment Institute (FII) Priorities Summit in Hong Kong, CEO John Lee praised the city’s deep ties with Saudi Arabia, describing Saudi Arabia as a “key node” in the Belt and Road Initiative. Hong Kong will continue to leverage the unique “one country, two systems” principle to play a global role in finance, innovation and sustainability, he noted, noting that the number of fintech companies founded locally has risen by 25% in just one year. . An AI supercomputing center will be set up in Hong Kong next year, while artificial intelligence, robotics and healthcare will be key focus areas for the city.