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In the past five years, the cumulative value of technology contracts between Shanghai and Hong Kong has reached 32.3 billion yuan, with an average annual growth rate of 60%

author:The Paper

"Walk from the bank of the Pujiang River to the side of the Xiangjiang River. It's been raining for the past few days, and people in Shanghai call it 'falling rain', and Hong Kong people also call it 'falling rain' (lok·jyu). This small example is enough to see the kinship between the two cities. I am confident that this year's forum will be very fruitful. Li Cheng, founding director of the Centre for Contemporary China and the World at the University of Hong Kong, said.

On April 27, the "2024 Pujiang Innovation Forum: A New Space for Innovation and Collaboration - Shanghai-Hong Kong Science and Technology Innovation Dialogue" series of activities (hereinafter referred to as the "Event") was held in Hong Kong. The event focused on the field of scientific and technological innovation and future industrial development between Shanghai and Hong Kong, and discussed how to accelerate the construction of an innovative development ecosystem between Shanghai and Hong Kong, and promote cooperation and exchanges between the two places in scientific research, business incubation, industrial extension, and technology finance.

In recent years, the co-operation between Shanghai and Hong Kong in the field of science and technology innovation has become increasingly close and deepening, and the joint development of the Shanghai International Innovation and Technology Centre and the Hong Kong Innovation and Technology Centre has been jointly promoted. In August 2021, Shanghai and Hong Kong signed the Memorandum of Understanding on Innovation and Technology Co-operation between Hong Kong and Shanghai to continue to strengthen co-operation in areas related to I&T. Based on the resource endowments of both sides, Shanghai and Hong Kong have deepened cooperation in industrial innovation, artificial intelligence, biomedicine, digital transformation and other fields, and achieved fruitful results, providing strong momentum for the development of the two places. According to incomplete statistics, in the past five years, about 25,000 scientists from Shanghai and Hong Kong have published 12,280 papers, and the cumulative value of technology contracts between Shanghai and Hong Kong has reached 32.3 billion yuan, with an average annual growth rate of 60%.

In the past five years, the cumulative value of technology contracts between Shanghai and Hong Kong has reached 32.3 billion yuan, with an average annual growth rate of 60%

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The event invited outstanding experts and entrepreneurs in the field of innovation from Shanghai and Hong Kong to start an innovation dialogue. Chen Haohua, Vice President of the Federation of Hong Kong and Shanghai Associations and Chairman of the Shanghai Hong Kong Association, Li Cheng, Founding Director of the Centre for Contemporary China and the World of the University of Hong Kong, Zhang Wenhong, Director of the National Medical Center for Infectious Diseases (Shanghai) and Director of the Shanghai Innovation Center for Infection and Immunology, Ho Chung-yin, Associate Vice-President of the City University of Hong Kong, and Zhu Pengcheng, Founder and CEO of ATLATL Darts Innovation Center, focused on building new quality productivity, building a scientific and technological innovation ecosystem, Topics such as deepening Shanghai-Hong Kong co-operation in science and technology were discussed in depth, and the achievements and experiences of innovation practices in Shanghai and Hong Kong were shared.

At the meeting, a number of science and technology innovation entities in Shanghai and Hong Kong signed contracts in key areas such as artificial intelligence, smart city, biomedicine, think tank cooperation, and financial technology, to further deepen the cooperation in science and technology innovation between the two places.

The Shanghai Innovation Center for Infection and Immunology and the Centre for Contemporary China and the World at the University of Hong Kong signed an agreement on joint research on climate change and infectious diseases. The two sides will conduct joint research on the potential impact of climate change on the spread of infectious diseases, the spread of pathogens across different regions, and the possibility that changes in temperature may lead to more antibiotic-resistant bacteria.

Shanghai Jiao Tong University and City University of Hong Kong signed the Strategic Cooperation Agreement between Shanghai Jiao Tong University and City University of Hong Kong on Jointly Promoting Scientific and Technological Innovation. Fully relying on the professional advantages and scientific and technological innovation ecology of the two universities, we will continue to expand the areas of cooperation, and improve the efficiency of the transformation of scientific and technological achievements of the two universities in the direction of major scientific and technological innovation, the cultivation of strategic emerging industries, and the innovation and upgrading of important industries.

Shanghai Lingang Economic Development (Group) Co., Ltd. and Hong Kong Logistics Robotics Research Centre (Co., Ltd.) on the "Hong Kong Logistics Robotics Research Centre Shanghai Laboratory" project.

The Shanghai Science and Technology Exchange Center, the Shanghai Science and Technology Entrepreneurship Center, and the National Technology Transfer Eastern Center signed the "Memorandum of Understanding on Science and Technology Innovation Exchange and Cooperation" with Hong Kong Cyberport Management Company Limited, the Federation of Shanghai-Hong Kong Community Organizations and the Shanghai Hong Kong Federation.

On the basis of the previous co-operation, the six parties will focus on the key areas of biotechnology, artificial intelligence, financial technology, smart city, green technology and advanced manufacturing that are of concern to the two places, deepen the working mechanism, give full play to their respective advantages and resources, and actively carry out scientific research cooperation and talent training, entrepreneurial services and joint incubation, promote the docking of science and technology and industry, and promote policy promotion and exchange visits, so as to promote scientific and technological innovation and industry-university-research cooperation between Shanghai and Hong Kong.

The Shanghai Institute of Science and the Public Policy Research Institute of Our Hong Kong Foundation renewed the Strategic Cooperation Agreement between Shanghai and Hong Kong Science and Technology Think Tanks. The two sides will continue to carry out cooperative research, resource sharing and exchange visits in the fields of regional innovation, science and technology innovation policy, science and technology finance, and science and technology talents.

CLP Jinxin Digital Technology Group signed a strategic cooperation agreement with Hong Kong Applied Science and Technology Research Institute Limited, focusing on collaborative research and development in the field of generative AI platform and financial technology, promoting the incubation and incubation of scientific research achievements and talent exchange between the two places. The deep integration of information technology such as big data and financial technology has accelerated the pace of intelligent upgrading of the entire financial industry.

The Shanghai Technology Exchange and the Hong Kong Digital Asset Exchange jointly launched the "Shanghai Technology Exchange Cross-border Technology Trade Hong Kong and Macao Service Center". On December 28, 2023, the Shanghai Technology Exchange and the Hong Kong Digital Asset Exchange signed a cooperation agreement to provide cross-border services and jointly study innovative service models for the digitization and capitalization of technology assets. The "Shanghai Technology Institute Cross-border Technology Trade Hong Kong and Macao Service Center" was officially launched, which will be based in Hong Kong to provide various technology transactions and supporting technology financial services for global cross-border technology trade.

At the meeting, the Shanghai-Hong Kong Technology Transfer Cooperation Network (SHK-TTN) was officially launched. In order to deepen the scientific and technological cooperation between Shanghai and Hong Kong universities, the University of Hong Kong, Fudan University and the Eastern National Technology Transfer Center jointly initiated the establishment of the "Shanghai-Hong Kong Technology Transfer Cooperation Network". The chairman unit is composed of the University of Hong Kong, the University of Hong Kong Chinese, the City University of Hong Kong, the Hong Kong Polytechnic University, Fudan University, Jiaotong University, Tongji University, Shanghai University and the Eastern National Technology Transfer Center.

The "Shanghai-Hong Kong Technology Transfer Cooperation Network" (SHK-TTN) aims to establish a normal exchange mechanism for technology transfer between Shanghai and Hong Kong, and explore new paths for Shanghai-Hong Kong technology transfer cooperation through various forms, including setting up a new space for Shanghai-Hong Kong innovation cooperation, building an information sharing platform for Shanghai-Hong Kong scientific and technological achievements, establishing a mechanism for mutual visits and learning between Shanghai and Hong Kong universities, jointly developing technology transfer courses, and jointly organizing important conferences and activities, so as to create an open, collaborative, mutually beneficial and win-win innovation and entrepreneurship ecosystem.