Innovation and technology (I&T) development can inject new impetus into the economy, improve people’s quality of life and create quality jobs for young people. The Greater Bay Area development brings valuable opportunities to Hong Kong’s I&T development. Leveraging on its advantages in technological research and development (R&D), internationalisation and its status as an international finance centre, Hong Kong can pool together innovation resources from the Greater Bay Area and the world to promote R&D on I&T, and boost our competitiveness.