Embrace AI to stay competitive, finance chief says

By the Editorial Team · Saturday, August 22, 2026

Hong Kong’s Financial Secretary Paul Chan Mo-po called on residents to adopt artificial intelligence technologies to stay competitive during the 22nd Hong Kong Computer and Communications Festival. The government is advancing AI integration through initiatives and public service projects, aiming to boost efficiency, create new career opportunities, and support digital transformation across sectors.

Hong Kong’s Financial Secretary Paul Chan Mo-po urged residents to embrace artificial intelligence (AI) and related technologies to remain competitive during the opening of the 22nd Hong Kong Computer and Communications Festival on Friday. The event, held at the Convention and Exhibition Centre in Wan Chai, features innovations such as humanoid robots, 3D printers, and dedicated AI experience zones.

Running through Monday under the theme “AI connect: let’s link the future,” the festival highlights practical applications of AI and explores emerging trends in digital transformation. Chan emphasized the importance of understanding and adopting AI, noting its alignment with the government's broader “AI for all” initiative.

While acknowledging concerns related to job security, privacy, governance, and security vulnerabilities associated with AI’s rapid development, Chan encouraged individuals to learn how to effectively utilize the technology to their advantage. He cited the emergence of “one-person companies” and “one-person unicorns” as examples of how AI enables small teams or individuals to execute complex projects previously requiring larger organizations.

“AI can become a powerful tool for enhancing our capabilities and competitiveness and create more career opportunities,” Chan said. He stressed the need for ongoing education and skill development to effectively harness AI tools.

The government, he added, is also incorporating AI into public services to improve operational efficiency and the quality of citizen experiences. An AI efficacy enhancement team has initiated 30 projects aimed at streamlining government procedures, resulting in reduced processing and waiting times for certain services.

The festival attracted hundreds of attendees eager to explore the AI and digital transformation zone, gaining hands-on experience with the latest technologies showcased by various exhibitors. The event serves as a platform for fostering greater public engagement with AI and promoting its integration across both private and public sectors.

This article was reported by synthesizing coverage from multiple independent news outlets to present a balanced, unbiased account. Read about our editorial standards. Spotted an error? Let us know.