"Expediting I&T development has been a policy priority of this Government. The Government has been committed to enhancing the I&T ecosystem, as it continues to develop the original grant patent system and introduces the patent box regime, which offers tax concessions for intellectual property income to promote innovation. It is also deepening Hong Kong's collaboration with our GBA sister cities while optimising the local I&T development paradigm and driving the in-depth integration of technological and industrial innovation. The goal is to spearhead the development of Hong Kong into an international I&T centre and contribute to building a technologically advanced nation. Our efforts have started to bear fruit. The number of start-ups rose from over 1 500 in 2015 to more than 5 200 in 2025, and Hong Kong Science Park and Cyberport, the two I&T flagships, have collectively witnessed the birth of around 20 unicorns to date. Meanwhile, the Hong Kong Park of the Hetao Shenzhen-Hong Kong Science and Technology Innovation Co-operation Zone (the Loop Hong Kong Park) was officially opened in December 2025, and over 100 technology enterprises and institutions have signed leases and begun moving in. By leveraging the advantages of the strong alliance of Hong Kong and Shenzhen, the Loop Hong Kong Park will be an important platform for basic scientific research, commercialisation, pilot production and international I&T collaboration in the GBA, driving high-quality development. The San Tin Technopole Company Limited was also officially established in June 2026 to press ahead with the development of 210 hectares of I&T land in the San Tin Technopole, which will form a crucial node for the integrated development of upstream, midstream and downstream industries together with the Loop Hong Kong Park.

"Hong Kong has a vibrant private equity market, with assets under management of close to US$250 billion, ranking second in Asia after the Chinese Mainland. The Government has been enhancing the development of venture financing as a key element of Hong Kong’s I&T and commercialisation ecosystem. The establishment of a HK$10 billion I&T Industry-Oriented Fund, together with another HK$10 billion Research, Academic and Industry Sectors One-plus Scheme and the Pilot I&T Acceleration Scheme, aims to reinforce the funding continuum from university research and seed-stage entrepreneurship to scale-up, industrial application and global market expansion. At the same time, the Hong Kong Investment Corporation Limited acts as patient capital, investing in smaller and early-stage ventures with a long-term horizon to steer long-term market capital towards emerging and future industries. These initiatives all help deepen the I&T cluster's entrepreneurial and venture-financing base, thereby facilitating more new economy and technology enterprises with potential to raise funds and expand their businesses in Hong Kong.

"Going forward, we will proactively align with the National 15th Five-Year Plan to strengthen our strategic positioning as an international I&T centre. Hong Kong will further deepen collaboration with the GBA sister cities, contributing to our country's efforts in building a modern industrial system and achieving high-level scientific and technological self-reliance and strength."

The GII Cluster ranking identifies local concentrations of world-class innovation activity using three key metrics, viz international patent filings via WIPO's Patent Cooperation Treaty (PCT), scientific publications, and the number of venture capital deals. For this year's ranking, the Shenzhen-Hong Kong-Guangzhou cluster filed 2 259 PCT applications, published 4 060 scientific articles, and had 138 venture capital deals, all per 1 million inhabitants over the last five years.