The outline of the National "Fourteenth Five-Year Plan" clearly proposes to support Hong Kong in building an international innovation and technology center. Since the new Hong Kong SAR government took office, it has made every effort to promote the development of innovative industries and promote the transformation and upgrading of Hong Kong's economy. This has also brought new development opportunities to the German pharmaceutical company Bollinger Ingelheim, which has been deeply rooted in Hong Kong for many years. Chen Wenhan, head of the company's Hong Kong business, said that Hong Kong is not only an important market, but also becoming a global innovation base in the field of biomedicine. It is to observe this trend that the venture capital fund of this multinational pharmaceutical company signed an agreement with Hong Kong Science and Technology Park Company last year to jointly cultivate start-ups and focus on innovation in the field of biomedicine. On March 3, the staff worked in the Drug Safety Test Center of Hong Kong Science Park. Chen Duo, a reporter from Xinhua News Agency, said, "Hong Kong has a very good business environment, international talents, Chinese and Western culture and excellent infrastructure. We believe that this cooperation will be an excellent opportunity to expand Hong Kong's business." Chen Wenhan said. Liu Siya, senior director of the Transformation Research and Development Institute of Hong Kong Science Park, said that the number of biotech enterprises in the park has increased rapidly in recent years, from a few decades ago to more than 200 at present. Many multinational companies have expressed their interest in investment and hope to attract more biotechnology enterprises in the future. "Hong Kong has advantages in basic research, and many start-ups hope to transform innovation achievements in Hong Kong. Especially after the release of the Hong Kong Innovation and Technology Development Blueprint at the end of last year, the number of interested companies has increased significantly," she said. On March 3, Liu Siya, senior director of the transformation research and development institute of Hong Kong Science Park Company, was interviewed by the media. Chen Duo, a reporter from Xinhua News Agency, took a photo. For a long time, Hong Kong's economy is highly dependent on financial services, trade logistics and other industries. The service industry accounts for more than 90% of the local GDP, while the industry accounts for a relatively low proportion. The current SAR government strongly supports the creative and scientific industries, promotes the diversified development of the economy, and provides more employment opportunities and growth space for young people. "The focus of Hong Kong's future development is to achieve economic diversification. The purpose of the Chuangke Development Blueprint released at the end of last year is to strive to bring a new situation to the development of Hong Kong's science, technology and industry in the next five to ten years." said Sun Dong, Director of the Bureau of Innovation, Technology and Industry of the Hong Kong SAR Government. Sun Dong, Director of the Innovation, Technology and Industry Bureau of the Hong Kong SAR Government, was interviewed by Xinhua News Agency (photographed on March 2). Wang Shen, a reporter from the Xinhua News Agency, said that to boost the development of the innovation industry, we need to consolidate and strengthen Hong Kong's advantages in basic scientific research, international talents and other aspects, make up for the shortcomings in the transformation of scientific research achievements and other aspects, and increase support for emerging industries such as artificial intelligence. The recently announced budget of the SAR Government proposed a number of measures to implement the four directions and eight key strategies proposed in the blueprint, and help Hong Kong to become an international innovation and technology center. Specific measures include carrying out feasibility study on the establishment of AI supercomputing center, reserving HK $3 billion to promote the relevant construction of cutting-edge science and technology fields such as AI and quantum technology. On March 3, the staff worked in the Hong Kong Science Park Biomedical Science and Technology Cultivation Program (Inc