Late at night, a garment factory in Kwun Tong, Kowloon, Hong Kong was brightly lit, and an intelligent production line was operating in an orderly manner. Unlike traditional garment factories that rely on a large number of skilled workers, this factory applies IoT technology and seamless weaving production processes. The production line runs for nearly 22 hours a day, automatically weaving sweaters and achieving almost unmanned management. This intelligent production line is a typical example of the Hong Kong Productivity Council's promotion of "smart micro factories", and also a microcosm of Hong Kong enterprises adapting to the needs of the times and actively transforming. The Hong Kong textile industry has experienced a glorious period and has a profound development foundation, which is ready to welcome industrial innovation, "said Chan Cho hang, a member of the Legislative Council of the Hong Kong Special Administrative Region and Chairman of the Productivity Council. Investing in emerging technologies to promote the transformation of traditional industries, expanding development space in northern metropolitan areas, and building "minimalist public housing" to enhance people's well-being... Over the past year, the Hong Kong business community has taken frequent actions. As the main force driving economic development, the Hong Kong business community insists on making Hong Kong their home and relying on Hong Kong for business, actively adapting to changes, and demonstrating patriotism and love for Hong Kong through practical actions, to jointly build a better tomorrow for Hong Kong. Exploring new business formats, cultivating new driving forces, and expanding development space. In the northern part of Hong Kong, the planned northern metropolitan area covers an area of 30000 hectares, accounting for about one-third of the total area of Hong Kong. The vast land of 'Southern Finance, Northern Innovation and Technology' not only contains the possibility of more high-quality living spaces, but also embodies the vision of Hong Kong's diversified economic transformation. In order to seize new opportunities, the Hong Kong business community has been laying out various strategies. At the end of November, 85 companies including China Merchants Group signed a letter of intent with the SAR government to support and participate in the development of the northern metropolitan area. 32 agreements were signed between companies to participate in the development of the northern metropolitan area, with a total amount exceeding HKD 100 billion. The development of the northern metropolitan area is far sighted and has enormous potential, which is an important engine for Hong Kong's future development Huang Yongguang, Vice Chairman of Xinhe Group, said. Chang Ying, Vice President of China Resources Land, stated that the company has signed a "Northern Urban Area Project Cooperation Agreement" with New World Development Co., Ltd. to jointly develop residential projects in the northern urban area. We are currently actively promoting preliminary work and expect to start construction next year. As an important industry in Hong Kong's economy, the real estate industry has witnessed the transformation of Hong Kong from a small fishing village to an international metropolis. As Hong Kong moves towards a new stage of governance and prosperity, real estate developers in Hong Kong actively adjust their development strategies and promote industrial iteration and upgrading. Henderson Land Development Group, through its family office and subsidiary China Gas, invests in promoting the development of Hong Kong's chip industry, incubating green technology startups, and advancing the research and application of hydrogen energy in mainland China; Nanfeng Group has established the Hong Kong Life Science and Technology Youth Association to attract, cultivate, and gather life science talents in Hong Kong, and build a vibrant life science and technology ecosystem for Hong Kong... Chen Zuheng said that all sectors of Hong Kong should take innovation as the first driving force for development, use technological innovation to lead industrial innovation, promote the upgrading and transformation of traditional industries into high-end, intelligent, and green industries, and seek new formats and new driving forces. Relieve public concerns, benefit the people, and enhance their well-being. On the Kai Tak Road, the construction of the first batch of "minimalist public housing" projects in Hong Kong is proceeding in an orderly manner. In June this year, this livelihood project led by the SAR government began accepting applications, which will effectively improve the living environment of grassroots citizens. The China Construction International Group, which undertook the project, stated that the project adopts a new type of "assembly and synthesis building method" construction method, greatly improving construction speed and reducing construction impact. After completion, it will provide more than 10000 public housing units for citizens. Since undertaking its first public housing project in 1984, the company has built over 100000 public housing units for Hong Kong citizens, accounting for approximately 15% of the total public housing in Hong Kong. As Hong Kong enters a new stage of governance and prosperity, especially with the construction of the Guangdong Hong Kong Macao Greater Bay Area bringing new development momentum to Hong Kong today, we will continue to adhere to the principle of making Hong Kong our home and relying on Hong Kong for development, empowering urban construction with technological innovation, leading industry development with new quality productivity, and working together with all sectors of society to build a better tomorrow for Hong Kong Zhang Jie, Senior Vice President of China Construction International Group Co., Ltd., stated. Central enterprises stationed in Hong Kong and Hong Kong funded enterprises work together to respond to the various pro people policies of the SAR government through practical actions. For example, behind the "community living room" project that provides additional living space for Hong Kong citizens, there are also figures of central and local enterprises stationed in Hong Kong. More local enterprises are taking the initiative to assume national security responsibilities and maintain Hong Kong's international image. China Power Group stated that the company will work together with the SAR government in multiple key areas such as resource security, ecological security, network security, and data security to safeguard national and Hong Kong security. Hong Kong Chief Executive Carrie Lam said that the Hong Kong business community, especially entrepreneurs, have the strength, experience, and network to drive economic development. All sectors of society should be good companions, actively participate, and strive to build Hong Kong, taking practical actions for this common home. Going out and introducing to expand the country's "circle of friends" during an ASEAN trip, Hong Kong Federation of Industries Chairman Zhuang Zixiong gained a lot. At the end of July this year, Zhuang Zixiong visited Laos, Cambodia, and Vietnam with the SAR government and signed multiple memorandums of cooperation with local chambers of commerce and industrial parks, laying the groundwork for more Hong Kong businesses to enter the ASEAN market. In the increasingly complex international situation, Hong Kong businessmen with keen sense of smell continue to leverage their extensive international connections to explore emerging markets such as ASEAN and the Middle East, opening up new space for regional economic cooperation and making new contributions to the country's new round of opening-up. To cope with external environmental challenges, Hong Kong, as an outward oriented economy, must strive to find new partners, explore new markets, consolidate and enhance its position as an international financial and trade center, and play the role of a 'super liaison' Zhuang Zixiong said. Cai Guanshen, President of the Hong Kong Chinese General Chamber of Commerce, said that in order to move towards a Hong Kong that is both governed and prosperous, special attention should be paid to consolidating and enhancing its international characteristics. In the current international situation, the business community should leverage the unique advantages of "one country, two systems" and cooperate with the proactive actions of the country and the SAR government. Lu Jinrong, president of the Hong Kong Chinese Manufacturers Association, said that in addition to attracting investment and deepening economic and trade cooperation with the "the Belt and Road" countries, the Hong Kong business community can also grasp the new trend of "national brand going to sea", work together with mainland brands, and jointly expand the "circle of friends" to the world. (New Society)