Event Overview
On September 22, 2026, Hong Kong hosted the Hong Kong Industry Cooperation Promotion Conference together with the 9th Hangzhou‑Hong Kong‑Macao Development Exchange Conference 2026. The gathering focused on industrial collaboration and capital matching between Hangzhou and Hong Kong, providing a high‑level platform for exchange and cooperation.
Company Showcases and Investor Engagement
Eight Hangzhou technology firms—collectively termed the “New Eight Steeds of Hangzhou”—participated: Star.Vision, Sunrise, Rokid, Jinglianwen, Xynova, Nanocorechip, BIBO and Bota Biosciences. They demonstrated innovations such as dexterous robotic hands, artificial‑intelligence chips and novel medicines. In‑depth face‑to‑face meetings were held with leading investment institutions including PAG, Goldman Sachs, Gaorong Ventures and Bain Capital to explore cooperation opportunities.
Strategic Plans of Highlighted Companies
BIBO founder Liu Xiaohui emphasized the importance of overseas markets, stating that the company aims to achieve overseas mass production of intelligent chassis for international customers by 2028 and will use Hong Kong‑based international capital to accelerate cross‑border mergers and acquisitions. Xynova, already backed by industrial capital, seeks to further link international industrial resources and long‑term capital to speed up large‑scale application of its dexterous robotic hands.
Foreign‑Investment Utilization Data
Data for the first eight months of 2026 show that Hangzhou ranked second among China’s sub‑provincial‑level cities in actual utilization of foreign investment, with more than 70 % of that investment originating from Hong Kong. Economist Guan Qingyou noted that Hong Kong capital in Hangzhou has progressed through three stages—real estate, industrial investment and now tech innovation. In 2025, high‑tech industries accounted for over 50 % of Hangzhou’s actually utilized foreign investment, a share that rose to more than 68 % in the first half of 2026.
Companies Expanding Globally via Hong Kong
Rokid announced plans to open the world’s first unattended self‑service experience store at Harbour City, Hong Kong. Leapmotor expressed its intention to use Hong Kong as a springboard to connect with Southeast Asian markets and to launch upgraded products rapidly. Goldman Sachs added that, as an international capital partner, it can build mature global channels for Hangzhou companies and help them develop European and American customers.
Institutional Cooperation Framework
The Hangzhou Municipal People’s Government and the Hong Kong Trade Development Council have jointly established a cooperation system described as “one platform, two centres and one fund.” After more than a year of operation, the technology transfer centre in Hangzhou and the innovation incubation centre in Hong Kong have together landed and transformed 43 cooperation projects.
Closing Remark
The expanding collaboration channels underscore the view that Hangzhou, despite lacking direct sea access, has found its “gateway to the sea” in Hong Kong.