Hong Kong Productivity Council (HKPC) andHong Kong Institute of Economics and Business Strategy at HKU BusinessSchool 1 March2024 Editorial Team Hong Kong ProductivityCouncil Hong Kong Institute ofEconomics and BusinessStrategy (HIEBS) Mr Edmond LaiMr Francis LaiMs Yammie YuDr Geoff ChengMs Vivian WongMs Ceci FungMr Grayson SunMr Hobert Liang Professor Heiwai TangMr Cyrus Cheung Introduction to Productivity Council and AI Development The Hong Kong Productivity Council (HKPC) is a multi-disciplinary organisationestablished bystatute in 1967, to promote productivity excellence through relentless drive of world-class advancedtechnologies and innovative service offerings to support Hong Kong enterprises. Being a keyenabler of Industry 4.0 and Enterprise 4.0, HKPC strives to facilitate new industrialisation in HongKong, as well as bolstering Hong Kong to be an international innovation and technology centre anda smart city. The Council offers comprehensive innovative solutions for Hong Kong industries andenterprises, enabling them to achieve resources and productivity utilisation, effectiveness and costreduction, and enhance competitiveness in both local and overseas marketplace. The Councilpartners and collaborates with local industries and enterprises and world-class R&D institutes todevelop applied technology solutions for value creation.It also benefits a variety of sectors throughproduct innovation,technology transfer,and commercialisation,bringing enormous businessopportunities ahead. HKPC’s world-class R&D achievements have been widely recognised overthe years, winning an array of local and overseas accolades. In addition, HKPC offers SMEs and startups immediate and timely assistance in coping with theever-changing business environment,and strengthens talent nurturing and Hong Kong’scompetitivenesswith FutureSkills training for enterprises and academia to enhance digitalcapabilities and TechEd competencies. As a scientific research organisation with strong AI applications and formidable capabilities in AIresearch and development, HKPC has been committed to promoting the AI industry, successfullydeveloping AI technologies to aid enterprises in upgrading andtransformation. HKPC has achievedsignificant results in the research and development of AI and the promotion of AI industry. The HongKong Industrial Artificial Intelligence & Robotics Centre (FLAIR) established by the Council at theHong Kong Science Park is one of the members of AIR@InnoHK, a world-class innovative R&Dplatform developed by the HKSAR Government. FLAIR harnesses its strengths in technicalexpertise, networks, innovative R&D and patents to enhance productivity with AI. Through years ofefforts,FLAIR has not only collaborated with international research institutes and leadingenterprises, but also developed the Horizon OpenExplorer: Industrial AI Application Platform, whichprovides industry players with access to and use of domain-specific information through thefunctions of data storage, model storage and code generation to facilitate the training, developmentand use of various AI technologies, and to help enterprises implement AI applications, therebypractically supporting Hong Kong’sdevelopment as an international technology innovation hub. MrEdmond LaiMr. Edmond Lai Shiao-bun joined HKPC in 2018 to lead the digital transformation, smart manufacturing and Mainland businesses of HKPC.Mr. Lai is an expert in Industry 4.0 (i4.0) and Enterprise 4.0 (e4.0)business transformation, as well as digital product development, withexperience in local and overseas market development. He assumed theposition of Member of the Board and Chief Executive Officer, Hong KongIndustrial Artificial Intelligence & Robotics Centre (FLAIR) in 2019. Mr. Lai worked in General Electric (GE) for more than 20 years.Hespearheaded his expertise across other business units including aviation,capital,healthcare,plastics,power,transportation among variousregionsincluding Greater China,Australia,Japan,Singapore,Switzerland, the United States. He also assumed regional and globalresponsibilities to drive the business growth for various industries, suchas energy storage, mining, marine, rail, renewable energy, thermal powergeneration,and so on.Mr.Lai held the Bachelor of Engineering(Computer Engineering) andMaster of Philosophy (Computer Science)degrees from the University of Hong Kong. Profile of Hong Kong Institute of Economics and Business Strategy (HIEBS) TheHong Kong Institute of Economics and Business Strategy (HIEBS) is a research centreaffiliated with HKU Business School, focusing on the effects of Hong Kong's economic policies andbusiness strategies on MainlandChinaand the Asia-Pacific region. Throughthe publication ofindependent and authoritative research, HIEBS aims to draw the attention of policymakers andstimulate public interest to build bridges between theory and practice and contribute to society'sprosperity and sustainable development. ProfessorHeiwai