HKUST PPOL Fall 2025

A central theme of the seminar was the complex interplay between Hong Kong’s internal constraints and external realignments, which has complicated its pursuit of a coherent regional strategy. As the global trading system fragments and geopolitical rivalries deepen, Hong Kong faces diminishing room for maneuver, especially amid increasing reliance on the Chinese market. Discussions highlighted the asymmetries within the Greater Bay Area— ranging from divergent institutional systems to mismatches in economic scale, planning norms, and labor costs—that pose structural barriers to effective integration. Speakers also examined the risks of over-specialization, noting that the hollowing out of Hong Kong’s industrial base has limited its capacity for innovation and exposed its economy to sector-specific vulnerabilities. While the GBA offers new opportunities, particularly in innovation and services, the consensus was that Hong Kong must first reinforce its economic distinctiveness to engage meaningfully with regional partners. The seminar featured thought-provoking presentations from esteemed speakers, including Asst Professor Brian Wong, Professor Donald Low, Dr. James Wang Jixian, and Professor Lui Tai-lok. Collectively, they offered multifaceted analyses of the structural dilemmas and strategic blind spots that confront Hong Kong’s regional reinvention. Professor Wong advanced a “3Ds” framework—Dare to Dream, Diversify, and Differentiate—arguing that institutional reform and narrative innovation are crucial for sustaining the city’s global distinctiveness. Professor Low examined the risks of over-specialization and industrial hollowing, warning that without economic diversification, Hong Kong’s resilience will continue to erode. Dr. Wang approached the discussion from a comparative institutional lens, highlighting how Hong Kong’s value lies in its carefully constructed “comparative environment,” which risks being diluted amid fragmented regional integration. Professor Lui offered a critical perspective, questioning whether Hong Kong truly understands regional demand and whether it possesses the capacity to reposition itself meaningfully beyond legacy roles such as finance. The event concluded with a recognition that Hong Kong’s future hinges on more than geographic advantage or historical identity. What is needed, the speakers agreed, is a renewed commitment to institutional adaptability, policy experimentation, and strategic humility. By integrating insights from diverse disciplines and fostering candid debate, the seminar underscored the need for Hong Kong to move beyond slogans and engage seriously with the substance of regional relevance. Overall, this event provided a timely and vital platform for dialogue, shedding light on the challenges and possibilities of redefining Hong Kong’s position in a rapidly transforming regional and global order. 35 Conferences and Events

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