Pavilion at Shenzhen's international technology fair proudly displays the capabilities and promise of five research and development hubs HONG KONG'S FIVE emergent technology research and development centres are showcasing the fruits of their labour on the mainland for the first time. Their display opens today at the China Hi-Tech Fair (CHTF) at the Shenzhen Convention and Exhibition Centre and continues until October 17. This is the sixth time that Hong Kong has taken part in the international hi-tech event, which is held every October in Shenzhen and attracts participants from around the world. The Hong Kong Pavilion is co-organised by Hong Kong's Innovation and Technology Commission (ITC) and the Hong Kong Productivity Council. Participation in this event is in keeping with the innovation and development strategy for Hong Kong adopted by the ITC early this year. Innovation and technology are essential to an economy's productivity and competitiveness, and strengthening technology co-operation between the mainland and Hong Kong is a key element in the new strategy. 'Hong Kong's innovation and technology strategy yokes the mainland's rich human resources and research strengths with Hong Kong's capability and experience in applied research and commercialisation, to enhance the competitiveness of both,' said ITC commissioner Anthony Wong Sik-kei. A major initiative of the strategy is to establish five research and development (R&D) centres in technological areas where Hong Kong has a competitive edge and the potential to meet market needs. The R&D centres cover vehicle parts and accessory systems, logistics and supply chain management-enabling technologies, textile and clothing, nanotechnology and advanced materials, and information and communications technologies. 'There is huge potential for co-operation in R&D and technology commercialisation between our R&D centres and mainland and overseas organisations,' Mr Wong said. Accordingly, the ITC has established co-operation mechanisms at the central, regional and provincial levels with good results. Connections have been established with the Guangdong/Hong Kong Technology Co-operation Funding Scheme launched by the government of Guangdong province, where Hong Kong has supported many applied R&D projects since last year. Meanwhile, the 4th Pan-PRD Joint Conference on Regional Co-operation in Science and Technology was held last month in Hong Kong. Mr Wong said that sustainable development in innovation and technology largely depended on continued exchange and co-operation between organisations and industry experts from different places to create innovative ideas and business opportunities. The China Hi-Tech Fair provided an excellent platform for such exchange, enabling Hong Kong R&D institutions and technology companies to showcase their capability and achievements to the world, he said. Over the years, the CHTF has attracted a wide spectrum of international and mainland exhibitors, which have showcased their latest technologies, exchanged information, networked and explored business opportunities. Last year's CHTF recorded more than 540,000 visitors, including corporate leaders, procurement professionals and technology experts. It is China's biggest hi-tech and products fair and international technology transaction market; the volume of transactions for hi-tech achievements in the past three years has reached $80 billion. This year, the Hong Kong Pavilion occupies an area of about 500 square metres. The pavilion will introduce Hong Kong's five new R&D centres and showcase the technological achievements of Hong Kong's companies. 'The Hong Kong Pavilion will serve as a platform to showcase to the world Hong Kong's latest innovative technological capabilities and achievements,' Mr Wong said. 'It will provide a fine opportunity for local, mainland and overseas enterprises to exchange technological information, meet potential partners, and network with their counterparts in the mainland and overseas,' he said.