New Hong Kong industrial park eyes edge in smart manufacturing, Chinese medicine

Hong Kong’s Hung Shui Kiu industrial park will leverage the advantages of its location to focus on advanced manufacturing, including proprietary Chinese medicine, in a bid to differentiate itself from the San Tin Technopole, according to development authorities. While the government has yet to set key performance indicators (KPIs) for the company operating the park, a top development official said on Tuesday that the firm was expected to be financially independent and accountable to the...