Advertisement
Allen Yeung
Allen Yeung
Allen Yeung Tak-bun co-founded the Institute of Big Data Governance in late 2018 with industry veterans to set the best practices for big data governance principles. He is a former government chief information officer, chief corporate development officer of the Hong Kong Science and Technology Parks Corporation, and has worked for several high-tech companies. Mr Yeung holds a Bachelor of Science degree from the University of Texas (Austin), a Master of Science from Purdue University, and an Executive MBA from the Kellogg School of Management of the University of Northwestern in conjunction with the Hong Kong University of Science and Technology.

The need to diversify Hong Kong’s economy while playing to the city’s strengths is clearer than ever amid rising global uncertainty and competition. The 2023 policy address was full of initiatives aimed at sharpening Hong Kong’s competitive edge and turning it into a hub of innovation and technology.

videocam

With the digital economy now about 15.5 per cent of global GDP, countries are restricting cross-border data flows in a bid for data supremacy. To deploy its long-standing strength as the intermediary between China and the world, Hong Kong must excel at handling, storing and processing data.

videocam
Related Topic
Hong Kong economy