On December 5, the 14th Business of IP Asia Forum was held in the Hong Kong Special Administrative Region (HKSAR). Hu Wenhui, Deputy Commissioner of the China National Intellectual Property Administration (CNIPA) and Chan Kwok-ki, Chief Secretary for Administration of the HKSAR Government attended the forum and delivered opening remarks. Wang Binying, Deputy Director General of the World Intellectual Property Organization (WIPO) and Peter K N Lam, Chairman of the Hong Kong Trade Development Council also participated in the opening ceremony.

Hu highlighted CNIPA's latest progress in promoting the rule of law, creation, protection, utilization, and international cooperation in intellectual property (IP). He expressed CNIPA's continued support for HKSAR's innovation-driven development and anticipated that HKSAR would better integrate into the country's overall development and play an increasingly significant role in building China into a strong IP powerhouse.

Chan stated that HKSAR would accelerate the establishment of a regional IP trading hub, as outlined in the National Plan for Protection and Utilization of Intellectual Property During the 14th Five-Year Plan Period. He also emphasized efforts to enhance IP infrastructure and cultivate more IP professionals.(Translated from CNIPA Website Chinese Version)