The document summarizes progress on developing six key industries in Hong Kong: medical services, environmental industries, testing and certification services, education services, innovation and technology, and cultural and creative industries. For medical services, sites have been designated for private hospital development and work is underway to standardize Chinese medicine. For environmental industries, policies promote green products and building efficiency. Testing and certification services are being strengthened in priority sectors. The education sector is being internationalized and diversified. Innovation and technology are supported through the Science Park expansion and other R&D initiatives. Cultural industries receive funding and efforts to nurture talent and explore markets through the CreateSmart Initiative.