HKUST Business Review

About Jin Keyu — author, economist and professor • Chinese economist specializing in international macroeconomics and the Chinese economy • Chair of the Center for Geoeconomics, HKUST Institute for Financial Research • Visiting lecturer at Harvard University and LSE • Author of the book The New China Playbook: Beyond Socialism and Capitalism • World Economic Forum Young Global Leader • Academic Member of the China Finance 40 Group Opportunities in Emerging Sectors Already, these opportunities can be found in areas ranging from green energy and electric vehicles to quantum computing and robotics. Excitement is building about AI-enabled research in fields like biotech and pharmaceuticals, with the potential for medical breakthroughs that can have a huge impact on humanity. And, as society ages in many countries, especially in Asia, much thought is being given to meeting the needs and redeploying the skills of the older generation in an expanding gray economy. “In the workplace, many tasks will be displaced, but many jobs will also be enhanced by AI and other technologies,” said Professor Jin, who earned her PhD from Harvard University and is a visiting lecturer there and at the London School of Economics and Political Science (LSE). “The new technology can lead to higher productivity and higher pay; people should not be afraid of the consequences of job replacement.” A Dynamic Future Overall, Professor Jin sees a dynamic period ahead for China, Asia, and the global economy, with greater fragmentation in some areas, but greater cohesion in others. “There may be less focus on geopolitical alliance and more on the importance of shared economic development,” she said. “In that respect, China is a very competitive country and can assert its influence.” HKUST Business Review 33 Cover