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Mainland and Hong Kong Information and Communications Technology (ICT) Industry Innovation and Entrepreneurship Symposium

The Mainland and Hong Kong Information and Communications Technology (ICT) Industry Innovation and Entrepreneurship Symposium was held on 17th, which was co-organized by the Ministry of Industry and Information Technology (MIIT), the Ministry of Science and Technology (MOST), the Commerce and Economic Development Bureau of the Hong Kong Special Administrative Region (HKSAR) Government and the China Association for Science and Technology (CAST).

This symposium is focused on cross-border developments and trends in information technology and communications industry innovation. In Mainland China, information technology and communications industry has formed a complete industrial system, combined with advanced research and development technology as well as the sophisticated equipment and outstanding talent in Hong Kong, it will definitely speed up the growth of industrial-scale, which is a win-win situation for both sides.

During the conference, one expert speaker mentioned that the e-commerce transaction volume was over 6 trillion RMB in 2011, an increase of 33%. This is a strong validation of the rapid development of e-commerce industry over the years and also a big confidence. Of course, there are more to be completed in the future. The meeting is about ¡°innovation, entrepreneurship, cooperation¡±. Currently, the innovation system of information technology and communications industry is still improving; some of the core technology products cannot be isolated with foreign support. Therefore, the resource sharing between mainland and Hong Kong is an inevitable trend.

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