IT sector lawmaker Duncan Chiu said on Wednesday that he is excited to hear that technological collaborations will be beefed up to further enhance the Belt and Road Initiative (BRI).

He made the comment after President Xi Jinping said in his keynote speech at the third Belt and Road Forum for International Cooperation in Beijing that China and its BRI partners will take steps to advance scientific and technological innovation.

Chiu said he believes Hong Kong has a lot to bring to the table, adding that the city can also play a significant role in the expansion of digital economy and green development.

"I think the role that Hong Kong can play is definitely on standardization and building a standard and exporting the expertise in this area, especially in digital economy where Hong Kong has a big role to play,” he said.

“We have many professional standards. We have expertise in the area, in financing, and in green financing as well.”