Beijing Obliged To Support HK On Tech: Official

"); jQuery("#212 h3").html("

Related News Programmes

"); jQuery(document).ready(function() { jwplayer.key='EKOtdBrvhiKxeOU807UIF56TaHWapYjKnFiG7ipl3gw='; var playerInstance = jwplayer("jquery_jwplayer_1"); playerInstance.setup({ file: "http://newsstatic.rthk.hk/audios/mfile_1396491_1_20180515180731.mp3", skin: { url: location.href.split('/', 4).join('/') + '/jwplayer/skin/rthk/five.css', name: 'five' }, hlshtml: true, width: "100%", height: 30, wmode: 'transparent', primary: navigator.userAgent.indexOf("Trident")>-1 ? "flash" : "html5", events: { onPlay: function(event) { dcsMultiTrack('DCS.dcsuri', 'http://news.rthk.hk/rthk/en/component/k2/1396491-20180515.mp3', 'WT.ti', ' Audio at newsfeed', 'WT.cg_n', '#rthknews', 'WT.cg_s', 'Multimedia','WT.es','http://news.rthk.hk/rthk/en/component/k2/1396491-20180515.htm', 'DCS.dcsqry', '' ); } } }); }); });

2018-05-15 HKT 18:18

Share this story

facebook

  • Huang Wei says giving Hong Kong researchers greater access to national-level funding effectively puts local labs on an equal footing with mainland institutions. Photo: RTHK

    Huang Wei says giving Hong Kong researchers greater access to national-level funding effectively puts local labs on an equal footing with mainland institutions. Photo: RTHK

A top Beijing official overseeing science and technology said on Tuesday that he hopes a newly announced initiative to turn Hong Kong into an international innovation hub will bring the SAR fully into the national drive to advance innovative technology.

Huang Wei, vice minister of Science and Technology, told top officials and scientists at a local innovation forum in Hong Kong that President Xi Jinping's directive to give local researchers greater access to national-level funding effectively puts local laboratories on an equal footing with mainland institutions.

Huang said the mainland is obliged to support Hong Kong to become an international technology centre under the "One Country, Two Systems" principle.

He said 16 local labs – known as State Key Laboratories that are affiliated with partner institutions across the border – have already been given national funds as of last month.

He added that other laboratories will be allowed to apply for such funding – just like mainland institutions – to ramp up cooperation between the two sides.

At the forum, Chief Executive Carrie Lam said the new arrangement shows President Xi's care and love for local scientists.

Lam said she is confident that the initiative will be a shot in the arm for the development of the city's hi-tech sector, adding that the new arrangement is a breakthrough for local scientists who had previously been denied access to national-level grants.

She added that she has been working hard with Beijing's liaison office in Hong Kong over the past few months to push through the related cooperation between Hong Kong and the mainland.

RECENT NEWS

Is Hong Kongs Default Life Insurance Choice A Wealth Drain?

Hong Kong is a city that takes financial security seriously, boasting one of the highest insurance penetration rates in... Read more

RedotPay Secures $107M Series B, Total Funding Hits $194M

RedotPay, a global stablecoin-based payment fintech, has closed a US$107 million Series B round, bringing its total cap... Read more

91% Of Hong Kong Merchants Lose Revenue To Payment Friction

Aspire has released its Hong Kong Ecommerce Pulse Check 2025, highlighting that while mid-sized ecommerce merchants rem... Read more

Do Kwon Faces Possible Trial In Korea After US Conviction

Do Kwon, the crypto tycoon behind the 2022 collapse of TerraUSD and Luna, caused an estimated US$40 billion in investor... Read more

Startale, SBI Holdings To Develop Japans Regulated Yen Stablecoin

Startale Group and SBI Holdings have signed a MoU to jointly develop and launch a fully regulated Japanese yen-denomina... Read more

KakaoBank Expands In Indonesia Through Superbank Partnership

KakaoBank, South Korea’s largest internet-only bank, is accelerating its global expansion through a deepened partners... Read more