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CUTTING-EDGE TECHNOLOGIES DRAW BUYERS

17 April 2023

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•

Hong KongElectronics FairLighting FairASEANGBATechnology & Inno...AI Smart
CityElectronics & Ele...Lighting/Illumina...Lighting ProductsHong
KongEntrepreneurship
• • •

The inaugural InnoEX promotes Hong Kong’s strengths in innovation and
technology.

Listen

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Hong Kong showcased its innovation and technology (I&T) strengths at three fairs
last week, including the first-ever InnoEX co-organised by the Government of the
Hong Kong Special Administrative Region (HKSAR) and the Hong Kong Trade
Development Council (HKTDC), held concurrently with the Hong Kong Electronics
Fair (Spring Edition) and Hong Kong International Lighting Fair (Spring
Edition).
The three tech fairs attracted more than 66,000 buyers from 160 countries and
regions, including Mainland China, the Association of Southeast Asian Nations
(ASEAN), Korea, Taiwan, United States, Japan, India and Russia. The overwhelming
response and lively exchange of ideas at the events highlighted Hong Kong’s
rapid development into an international I&T hub, which connects the world with
Mainland China and ASEAN.

 



HYBRID FORMAT


The HKTDC’s hybrid EXHIBITION+ platform format offered in-person and online
access, which enables exhibitors and buyers from around the world to continue
conducting business online until 22 April. The Click2Match smart business
matching platform, has facilitated over 3,000 business meetings so far.
Sophia Chong, HKTDC Deputy Executive Director, said: “It is encouraging to see
that the three tech fairs brought together nearly 3,000 exhibitors from 20
countries and regions to present a wide range of innovative solutions,
cutting-edge technologies and electronic products, to create business
opportunities across regions and industries and to explore the unlimited
potential of innovation and technology cooperation.
“Many exhibitors were pleased to receive orders on the spot and secure business
partnerships. We are pleased to see the three tech fairs playing a major role in
the innotech ecosystem of the Guangdong-Hong Kong-Macao Greater Bay Area (GBA),
which attracts the participation of ASEAN and Asian markets, and those further
afield in Europe and the Americas. The success of these events reflects Hong
Kong’s determination to develop at full speed into an international centre for
innovation and technology and reaffirms the status of the city as an
international trade and exhibition centre,” she added.


An ASEAN Roundtable brought together government officials from different regions
to share experiences in developing and promoting smart cities

InnoEX and the Hong Kong Electronics Fair were flagship events of the inaugural
Business of Innovation & Technology Week (BITWeek), which also included the
Digital Economy Summit, co-organised by the HKSAR Government and Cyberport.
The three tech fairs of the HKTDC featured more than 100 innovative solutions to
drive smart-city development in Hong Kong presented by the Smart Hong Kong
Pavilion, artificial intelligence (AI) and robotics projects from 14 research
laboratories in collaboration with world-renowned universities introduced by the
InnoHK initiative under the Innovation and Technology Commission, the latest
electronics and smart-lighting solutions as well as a series of forums, panel
discussions and seminars featuring distinguished experts to share their insights
on the latest technological trends.



AI, SMART CITY AND METAVERSE TAKE LEAD


The fairs featured more than 50 events, including the InnoEX Forum, Under 30 –
Tech Trends Symposium for the Next Generation, Asian Lighting Forum and the
France in the Game – Sustainable Development for the Cities of Tomorrow
organised by the So French So Innovative pavilion, and Collaborate & Build Data
Ecology between Twin Cities organised by Hong Kong’s Office of the Government
Chief Information Officer (OGCIO) and Shanghai Municipal Commission of Economy
and Informatization.


The Paris Olympic Games 2024 - Becoming a Large-Scale Innovation Centre for the
Cities of Tomorrow seminar, hosted by the So French So Innovative exhibition
group, shared how Paris is leveraging the opportunity of hosting the 2024
Olympics to promote I&T


I&T INDUSTRY BULLISH ON SALES


Most of the 1,000-plus exhibitors and buyers who responded to independent
surveys commissioned by the HKTDC at the fairs held optimistic views on upcoming
business development and sales. They agreed that Hong Kong offered the advantage
of connecting the world with the GBA and ASEAN.
According to the survey, 75% of respondents at InnoEX believed overall sales
would increase in the next six months to a year while 86% expected a rise in the
next one to two years.
Respondents believe the biggest advantage of Hong Kong's innovation sector lies
in the city’s highly skilled and multicultural talent pool (26%), creative
technology solutions (25%) and its unique role as an intermediary between
Mainland China and the world (21%).
In addition, with the support of policies, many companies are committed to
expanding into ASEAN markets With 38% of Hong Kong exhibitor respondents trying
or planning to expand into the ASEAN countries, while 31% planned to expand into
the GBA and 89% were optimistic about opening up businesses in the GBA market
and 21% planned to expand into other non-GBA Chinese cities.



SMART PRODUCTS IN DEMAND


The Chief Marketing Officer of InnoEX virtual reality exhibitor Shanghai Yuweia
Technology, Mr Ryan Zhu, said: “This fair was a huge success! Buyers from both
domestic markets and abroad highly praised our products. In addition to meeting
hundreds of potential clients, we received orders from Japan, Canada, the United
States, Indonesia, Singapore and other places. We intend to take part in the
fair again next year and bring our latest products to consumers worldwide.”
Government officials from ASEAN countries, the mainland and Hong Kong met
exhibitors from various countries and regions at the ASEAN Smart City
Development Roundtable to exchange ideas. Mr Lim Chinn Hwa, Senior Director of
GovTech of Singapore, said: “Hong Kong and Singapore can potentially collaborate
on investing in technologies relevant to smart cities. Together, we can also
work on aspects, like handling the different data collected, dealing with the
differences in the two places' governance approach, identifying talents who can
serve the needs of both places and facilitating knowledge exchange. Sharing
ideas and policies in these areas is highly beneficial.”
Hong Kong exhibitor Doss (H.K.) Limited promoted its Bluetooth speakers at the
Hong Kong Electronics Fair (Spring Edition). Sales Manager Ms Vivian Liang said:
“We aim to explore new markets and strengthen relationships with existing
customers through the fair. Face-to-face interactions with customers during the
fair helped us foster long-lasting relationships and generate more orders. This
fair produced positive outcomes. We met with about 50 new buyers, mostly from
Europe and the United States. We anticipate receiving orders totalling
US$100,000.”



ROBUST GLOBAL PURCHASING POWER


Resumption of customs clearance between the mainland, Hong Kong and the world
attracted buyers from all over the world, with robust sales activity generated
on-site and online. Mr Arvine Quizon, Head of Technology of Leading Edge based
in Australia travelled to Hong Kong and sourced at the Electronics Fair. He
said: “It's a great place for horizon scanning, finding new trends and the focus
for the industry. I’ve always loved the fair in Hong Kong. It’s the best in the
world for sourcing new products. It’s great to be back since the pandemic and
I’ll certainly be back more often.”
Exhibitor Ms Vivian Wu, General Manager of mainland firm Zhongshan Obals
Lighting & Electric Co., Ltd obtained a huge order. She said: “We are thrilled
to have received an onsite order worth US$3 million for our LED commercial
lighting products from a long-term customer from Australia on the first day of
the fair. Buyer traffic has been heavy at the fair. We have established more
than 300 new contacts with quality buyers from new markets, such as Africa, Asia
and the Middle East. And about 30 new buyers came from large companies, which
have their own brands.”
Related links
InnoEX
HKTDC Hong Kong Electronics Fair (Spring Edition) 
HKTDC Hong Kong International Lighting Fair (Spring Edition) 





Related Events

InnoEX 2023 (Click2Match)

11 - 22 April 2023

Register
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HKTDC Hong Kong International Lighting Fair (Spring Edition) 2023 (Click2Match)

11 - 22 April 2023

Register
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HKTDC Hong Kong Electronics Fair (Spring Edition) 2023 (Click2Match)

11 - 22 April 2023

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Global Health (ASGH) runs in Hong Kong on 17 and 18 May. The conference
assembles stakeholders – from healthcare experts to renowned academia and
influential business leaders, together with key industry players, innovative
start-ups, investors and policymakers – from around the world to exchange
insights, explore opportunities and collaborate on the diverse and dynamic
healthcare sector.

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Hong KongInnovationHealthtechBiotechMedical productsHealthcare
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AI MARKETING FOR SMES

Generative artificial intelligence has been much in the news and businesses
continue to explore its potential and applications. Google Cloud strategy
consultant Michael Yung – who has more than 30 years’ experience in the IT
field, particularly in the Internet, e-commerce and travel technology sectors –
believes generative AI and other AI technologies that can help small and
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INAUGURAL INNOEX LAUNCHES

The first-ever InnoEX, jointly organised by the Government of the Hong Kong
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•

Hong KongInnotechTechnologyStart-upsElectronicsLightingAI
• • •

TIME FOR PLANT-BASED LEATHER

As the global trading environment continues to reshape following the COVID-19
pandemic, Hong Kong exporters across a wide range of industries, including
watches and jewellery, are looking towards the Middle East.

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HOME INSTYLE

Home InStyle presents global melting pot of product experiences offered by the
lifestyle houseware pieces, featuring people-centric designs, functionality,
aesthetics, sustainable concepts, cultural nuances, captivating philosophy and
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Hong KongIndustryManufacturingHome products
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CREATIVES CONVERGE ON CULTURE HUB

As Asia’s cultural and creativity hub, Hong Kong brings together innovative
ideas and design talents. As consumers pursue excellence, innovation and quality
of life, industries such as fashion, lifestyle, product design and licensing are
developing rapidly, creating abundant business opportunities.

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TIPPLE TEAS FIND A NICHE

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VIETNAM PUTS DIGITAL GBA ON FAST TRACK

Web 3.0, blockchain, the Metaverse and other nascent technologies are at the
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comprehensive one-stop platform to connect exhibitors, buyers and all members of
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