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HONG KONG, Dec. 5, 2025 /PRNewswire/ — On 5 December 2025, The Asia-Pacific Institute of Business (APIB) at the Chinese University of Hong Kong (CUHK) Business School officially launched the third phase of the Corporate Innovation Index 3.0 (CII 3.0) project. With funding from the Innovation and Technology Commission of the Government of the Hong Kong Special Administrative Region of the People’s Republic of China, the CII has become a benchmarking tool for assessing and fostering innovation among large corporations and small and medium-sized enterprises (SMEs) in Hong Kong since its inception in 2021.
Prof. Waiman Cheung (third from left), Ms. Emily Mo (fourth from left), Dean Lin Zhou (fifth from left), and CII organising committee members.
The Opening was attended by Ms. Emily Mo, assistant commissioner of the Innovation and Technology Commission, Professor Zhou Lin, dean of CUHK Business School and Professor Waiman Cheung, associate dean (graduate studies) and executive director of APIB. The event also brought together corporate leaders, industry partners and representatives from supporting organisations.
Prof. Waiman Cheung (front row, third from left), Ms. Emily Mo (front row, fourth from left), Dean Lin Zhou (front row, fifth from left), CII organising committee members and representatives from the sponsoring organisations posed for a group photo in the opening of Corporate Innovation Index 3.0.
Under the theme "Advancing Hong Kong Corporate Innovation with Strategic Benchmarking and Best Practice," the CII 3.0 project marks a new phase in corporate innovation assessment for Hong Kong. Evolving from the previous CII studies, the project leverages three years of accumulated data and advanced AI diagnostic tools to conduct groundbreaking longitudinal analysis, delivering cutting-edge insights into innovation trends and challenges. The project will develop and share in-depth case studies and best practices from top-performing enterprises, enabling more precise strategic planning and actionable innovation guidance. Specialised programmes have been designed to address the innovation needs of SMEs, providing tailored training and practical toolkits to unlock their innovation potential.
Building on this foundation, the project is committed to establishing a sustainable innovation support system to advance Hong Kong’s innovation ecosystem. Through enhanced collaboration with strategic partner The Hong Kong General Chamber of Commerce and partnerships with industry leaders from key sectors including infrastructure, finance, utilities, and technology, a comprehensive corporate innovation ecosystem is being developed. These initiatives will provide enterprises with a clear innovation roadmap, helping them accurately identify strengths and weaknesses in their transformation journey, thereby enhancing their competitiveness in both Hong Kong and global markets.
Looking ahead, the CII 3.0 will continue to refine its assessment framework. By establishing long-term cooperation mechanisms, the project is poised to create lasting value for Hong Kong’s innovation ecosystem and support the city in consolidating its position as a regional innovation hub.
About CUHK Business School
Established in Hong Kong in 1963, the Chinese University of Hong Kong (CUHK) Business School was the first business school to offer BBA, MBA, and Executive MBA programmes in Asia. Today, CUHK Business School offers 11 undergraduate programmes and 22 graduate programmes, including MBA, EMBA, MAcc, MSc, MPhil, DBA, and PhD. The school currently has more than 5,000 undergraduate and postgraduate students from more than 30 countries and regions.
CUHK Business School’s Master of Science (MSc) Programme in Finance has been ranked 21st globally in the Financial Times master’s in finance – Pre-experience Programme ranking 2025. It is now ranked 1st in Hong Kong and 4th in Asia. At more than 45,000, CUHK Business School has the largest number of business alumni among universities and business schools in Hong Kong, many of whom are business leaders.
For more details, please visit: https://www.bschool.cuhk.edu.hk/cuhk-business-school/