Prof. Lui echoed with Prof. A. Cheung about Hong Kong’s de nite role as part of GBA. He pointed out the importance of conceiving how Hong Kong is contextualised in the region and highlighted two interfaces, rst, how to serve our neighbours, and second, how to serve our neighbours in the international context. He suggested that one should look at the socio-spatial connection between Hong Kong and the GBA. Prof. Lui pointed out that the GBA is no longer a hinterland, and Hong Kong needs to consider how to connect with the GBA in a new way. Prof. Lui suggested that Hong Kong nd new sources of international investors to maintain its competitiveness. In the Discussion session, Prof. A. Cheung invited us to think about why Hong Kong still represents value-added. He suggested that instead of thinking about going to the past, today is the starting point for Hong Kong, and one should think of what extra value Hong Kong can offer. Prof. Tang emphasised that today’s industrialisation should be interpreted as supply- chain management with multiple stages of production, and we should think about which part of the supply chain Hong Kong can leverage; he suggested that if one thinks about the future of Hong Kong, one must think about the future distribution of economic activities across countries and between regions. He emphasised that Hong Kong’s competitive advantage still largely relies on nance, so it is important to leverage nancial talents and expertise. Prof. Tang also suggested that the nancial sector should invest more in innovation. Prof. Wu provided insight into the three situations that can be turned into opportunities for Hong Kong to maintain its value and offer its competitive advantage: 1, the relative independence of emerging disruptive technologies (such as generative AI and robotics) from the supply and industry chain. 2, technology and economic competition due to geopolitical con icts that render Hong Kong’s basic research and technology development more valuable; 3, Hong Kong’s unique position and resources compared with other GBA cities. PUBLIC POLICY DIALOGUE SERIES 21
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