Hong Kong to deepen GBA innovation and technology cooperation
Hong Kong Special Administrative Region (HKSAR) Chief Executive John Lee on Thursday pledged to create a new chapter for the development of innovation and technology in the Greater Bay Area ( GBA) Guangdong-Hong Kong-Macao.
Hong Kong will seize the historic opportunities offered by the country’s 14th five-year plan to become an international center of innovation and technology, Lee said at a GBA innovation and technology cooperation forum.
He said measures to accelerate the development of innovation and technology in Hong Kong will be offered in his policy speech, which is expected to be delivered on Oct. 19 this year.
Chinese Minister of Science and Technology Wang Zhigang said in his video speech at the forum that the ministry will continue to support the construction of an international innovation and technology hub in the GBA, and further open up the programs National Science and Technology Centers in Hong Kong and Macao. through interdepartmental efforts.
Last year, Hong Kong‘s total research and development (R&D) spending exceeded HK$26.5 billion (about $3.38 billion), a record high, and the number of start-ups is increased to around 4,000, according to official data.
Hong Kong ranked first in Asia and second in the world in the 2021 Global Digital Competitiveness Ranking, produced by the IMD World Competitiveness Center, with its technology performance ranked first in the world.