Woofun AI reports that Hong Kong's Financial Secretary Paul Chan detailed a transition in the territory's AI strategy from individual project advancement to systemic planning. The AI+ and Industry Development Strategy Committee has addressed scientific research, data security, computing infrastructure, application scenarios, talent cultivation, and capital investment. By 2032, Hong Kong aims to deliver approximately 180,000 PFLOPS of computing power, representing a 36-fold increase over current capacity.

Additionally, 56% of Hong Kong Investment Corporation Limited's investments last year targeted hard technology sectors, including AI, while efforts continue to promote the RISC-V open-source architecture ecosystem.