The 2023-24 “Hong Kong Awards for Industries: Upgrading and Transformation” is now open for registration

The SAR government has actively promoted the upgrading and transformation of enterprises in recent years, and proposed a number of measures in this year’s Budget to promote the development of innovative technologies and R&D projects, which will benefit the development of “new industrialization”. In order to encourage the industrial and commercial sectors to continue to improve their competitiveness and expand markets, the Hong Kong Young Industrialists Association will organize the “Hong Kong Awards for Industry and Commerce: Upgrading and Transformation” in 2023-24, aiming to commend enterprises that implement effective changes and proactively carry out upgrading and transformation. The award is open for registration from now until June 7, 2024. The association earnestly hopes that through this move, it can affirm the practical importance of upgrading and transformation to the industrial and commercial community and Hong Kong’s economy, and arouse the attention of the industry and society to industrial development, so as to further enhance Hong Kong’s economy. Company competitiveness.

The “Hong Kong Business Awards: Upgrading and Transformation”, fully supported by the SAR Government, is one of the most representative awards in the Hong Kong industrial sector. Awards are divided into three levels: “Upgrading and Transformation Award”, “Upgrading and Transformation Award” and “Upgrading and Transformation Certificate of Merit”. Any enterprise that has been registered in Hong Kong for one year or more and has real economic activities, and has planned or implemented all or part of its upgrading and transformation projects in Hong Kong in the past three years and achieved phased results, is eligible to participate. The awards will be based on important changes in the company’s core business as the main criteria for judging, and will also take into account overall change planning and sustainability. The information submitted by all participating units will be screened. The shortlisted units are required to conduct a review interview with the “Hong Kong Young Industrialists Association Review Committee” composed of government departments, chambers of commerce, industry representatives, experts and scholars. The winning units will be nominated and the “Final Review Committee” will Committee” determines the winners of the “Upgrading and Transformation” award.

Chen Yucheng, president of the Hong Kong Young Industrialists Association, said that today’s business environment is constantly changing, and upgrading and transformation are the general trend. The government has also launched different measures to assist enterprises in upgrading and transforming, such as continuing to optimize the BUD special fund and launching a digital transformation support pilot plan. The new type of industrialization also provides a new direction for Hong Kong’s industrial development. All enterprises should seize the opportunity to carry out upgrading and transformation plans for enterprises and jointly shape the new economic future with Hong Kong.

Cai Junjie, executive vice president of the Hong Kong Young Industrialists Association, mentioned: “At the two sessions this year, the country will accelerate the development of “new quality productivity” as the top task of the central government in 2024. “New quality productivity” is led by new industries. Characterized by innovation, quality is the key, and advanced productivity is the essence, which coincides with Hong Kong’s new industrialization concept. It can be seen that upgrading and transformation is not only the general trend of Hong Kong, but also a major direction in line with the national development policy. . 』

The association will hold a briefing session on the 2023-24 “Hong Kong Awards for Industry and Commerce: Upgrading and Transformation” on May 17. In addition to explaining the details of the award and the judging criteria, representatives of past award-winning organizations will also be invited to share their successes in upgrading and transformation. experience.

For details about “Hong Kong Awards for Industry: Upgrading and Transformation”, please visit https://bit.ly/3J2kvIg

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