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Policy Address
Intellectual Property
58. China will have a rising status as a major intellectual property (IP) user, buyer, provider as well as seller. Hong Kong can play a key role in providing Mainland and overseas players with a range of intermediary services, in such areas as IP agency and management, consultancy, legal services, dispute resolution and due diligence.
59. The Working Group on Intellectual Property Trading established by the Government in 2013 has formulated its support strategies and corresponding initiatives are being implemented. For example, the TDC's Asia IP Exchange has showcased more than 25 000 IP listings and formed strategic alliances with 28 partners from overseas, the Mainland and Hong Kong.
Modernisation of Agriculture
60. Conscious action and suitable support from the Government is crucial to the survival and development of local agriculture, which might otherwise diminish gradually. The Government has recently proposed a new agricultural policy, which will be underpinned by appropriate supportive measures, including the establishment of an Agricultural Park (Agri-Park) and a Sustainable Agriculture Development Fund (SADF) to encourage the application of new and advanced technologies to local agriculture and enhance the industry's overall competitiveness; help farmers move up the value chain and expand the marketing of local agricultural products and brand building; and promote other auxiliary activities which will raise the income of farmers. The Agri-Park will facilitate knowledge transfer in agricultural science and agro-business management while the SADF will provide financial support.
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