Transforming Hong Kong into a smart city: The economic opportunity of digital technologies and skills, and Google’s contribution

This study, conducted by AlphaBeta and commissioned by Google, examines the economic significance of digital technologies and skills in Hong Kong. This study finds that, if leveraged fully, digital technologies could create an annual economic value of HKD387 billion (USD 50 billion) by 2030. In addition, if it were to accelerate the pace of its digital skilling efforts over the next decade, workers with digital skills can contribute up to a fifth (21 percent) of Hong Kong’s gross domestic product (GDP) in 2030.