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The "Flying Geese Paradigm," proposed by Japanese economist Kaname Akamatsu in the 1930s, describes the industrial upgrading process of East Asian countries from labor-intensive manufacturing to capital- and technology-intensive industries. According to this theory, Japan, as the "leading goose," was the first to achieve industrialization and stimulated the development of other countries through foreign direct investment. This created a mutually dependent and progressively advancing industrial division of labor in East Asia, resembling the formation of a flying geese flock in the sky. The theory was validated through decades of post-World War II economic practice. Japan's global expansion strategy not only shaped the manufacturing landscape of East Asia but also became a model for the globalization of enterprises in countries such as China and South Korea.

As competition in artificial intelligence (AI) development between the US and China heats up, DeepSeek R1 recently emerged as a serious contender. Challenging OpenAI with DeepSeek’s innovative algorithms and open-source strategy, the Chinese counterpart offers OpenAI’s GPT-4 performance at just 5% of the cost.

随着科技和网络发展，拼车服务势必向自动化及智能化方向迈进。笔者透过研究不同定价模式和匹配机制，为网约车平台建议提升拼车盈利的策略。

Hong Kong is facing with a persistent fiscal deficit, with projections suggesting a staggering shortfall of HK$94.8 billion for the 2024–25 fiscal year. Financial reserves are expected to drop to HK$639.8 billion, largely due to a sluggish real estate market that has significantly reduced land sale revenues. Meanwhile, public spending continues to rise, particularly in healthcare, social welfare, and civil service salaries. To address these challenges, the government has turned to silver and green bonds as a solution for managing the funding issue and the deficit.