Smart Thinking, Smart Technology Required to Reinudstrialize HKSAR
Reindustrialization is viable for Hong Kong if efforts are well-targeted and play to the city’s strengths. Hong Kong is often compared to Singapore, where there is a wide industrial base despite it being physically smaller than Hong Kong with a smaller population and equally devoid of natural resources. InvestHK reported that as of 2019, Hong Kong had over 3,184 startups employing over 12,478 people. Hong Kong is proud of its technology unicorns, such as online logistics group GoGoVan, travel booking platform Klook, and fintech company WeLab.