HONG KONG SAR – and AI.
“To encourage collaboration between companies and technology vendors in the GBA, the governments of the GBA could consider establishing a cross-border networking platform to connect companies with technology vendors.”
Although 68 per cent of respondents in the GBA believe that the current workforce in the GBA possesses moderate to high levels of technological skills, over one-third of respondents indicated that a shortage of talent is a major challenge to business technology adoption.
Dr Albert Wong, member of CPA Australia’s GBA Committee said, “The survey findings reflect that there is a link between business performance and the technology-relevant actions businesses undertook. High-growth companies were more likely to have developed a long-term technology or digital strategy, partnered with technology companies to improve the business, or have invested in human resources such as recruiting technology talent or upskilling or reskilling the technology capabilities of staff. In addition, these companies are more likely to adopt an ecosystem approach to developing their technological capabilities.
“Talent supply and data assets are conducive to creating a sustainable ecosystem to nurture more technology companies in the GBA and to support the digital strategies of non-tech businesses. We suggest that GBA governments consider introducing more resources and policies to attract and retain tech-savvy talent or to upskill or reskill the current workforce with the relevant technology skills.
“In addition, clear guidance on data usage and cross-boundary data flow should be established to facilitate data sharing in the GBA. A clear data policy will lead to greater adoption of data-driven technologies in businesses. A pilot may be considered for facilitating the formulation of an appropriate cross-boundary data management mechanism and the demonstration of its working.”
About CPA Australia
CPA Australia is one of the largest professional accounting bodies in the world, with more than 168,000 members in over 100 countries and regions, including more than 20,000 members in Greater China. CPA Australia has been operating in Hong Kong since 1955 and opened our Hong Kong office in 1989. Our core services include education, training, technical support and advocacy. CPA Australia provides thought leadership on local, national and international issues affecting the accounting profession and public interest. We engage with governments, regulators and industries to advocate policies that stimulate sustainable economic growth and have positive business and public outcomes. Find out more at cpaaustralia.com.au
#CPAAustralia
Source:: Media Outreach
admin
