Coin World News, June 7th. According to Jinshi reports, Hong Kong Chief Executive John Lee attended and addressed the opening ceremony of the 16th Cross-Strait, Hong Kong and Macao Economic and Trade Cooperation Seminar organized by the Chinese Manufacturers' Association of Hong Kong yesterday. John Lee stated that Hong Kong is actively developing the artificial intelligence industry, promoting the transformation and upgrading of traditional industries, and is committed to building an international innovation and technology center. In terms of financial support, Hong Kong has launched a HKD 3 billion special funding scheme for artificial intelligence to subsidize local Hong Kong universities, research institutions, and enterprises to use the computing power of the supercomputing center to promote scientific research breakthroughs; it will also establish a HKD 10 billion 'Innovation and Technology Industry Guidance Fund' to strengthen the guidance of market funds and promote the development of strategic emerging and future industries such as AI and robotics.