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BUSINESS GOVirtual Expo & Conference 2022

BUSINESS GOVirtual Expo & Conference (BUSINESS GOVirtual), the Hong Kong's first physical B2B "Tech x Business" event in the post-pandemic period, gathers leading IT companies and solutions providers under one roof to demonstrate their latest technologies. It is also the platform where showcases the key technological advancements for social and business engagement in the new digital era. The development of the Greater Bay Area is accorded the status of critical strategic planning in the Chinese government's blueprint, with great significance in China's initiative on innovation-driven development. Strategically held in Hong Kong, the international innovation and technology hub, BUSINESS GOVirtual serves as a communication platform for tech companies to exchange ideas, collaborate and foster partnerships. On top of the physical event, the brand new "GOVirtual OMNI," an online platform for the Expo and Conference, welcomes regional exhibitors and visito

5G subsidy scheme funding doubled

The Government has increased the funding earmarked for a subsidy scheme to encourage early 5G deployment from $50 million to $100 million and extended the application deadline to July 31, 2022.   It said about 100 additional projects would be accommodated as a result.   Under the Anti-epidemic Fund, the Subsidy Scheme for Encouraging Early Deployment of 5G subsidises 50% of the costs relevant to the deployment of 5G technology in a project, subject to a cap of $500,000.   Since its launch in May 2020, the Government has approved 103 applications, covering innovative applications in various sectors, such as remote mechanical maintenance, remote telemedicine application, 3D building information modelling in construction sites and 4K/8K live video broadcasting.   Secretary for Commerce & Economic Development Edward Yau said with its edge of high speed, low latency, high capacity and massive connectivity, 5G provides enormous potential for developing business services and smart city applications from smart homes to autonomous driving.   He added that the good progress has laid a solid foundation for its extensive application, and the Government will continue its efforts in promoting 5G development.   Enquiries on the scheme can be made to 2961 6333 or via email.
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