Ex-HKU Chief: Research Funding Severely Inadequate

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

Related News Programmes

"); });

2018-06-17 HKT 12:32

Share this story

facebook

  • Ex-HKU chief: research funding severely inadequate

Former Vice Chancellor of the University of Hong Kong, Professor Tsui Lap-chee, criticised the city's funding to support research at universities, saying it was "pathetically inadequate".

Professor Tsui is leading a government task force reviewing research policy of universities.

Speaking on a radio programme, Professor Tsui said the current funding only amounted to 0.7 per cent of the city's GDP. He said the task force had proposed to double the funding gradually to boost research and development capabilities of universities.

RECENT NEWS

Hong Kong Fund Industry May Double With Tokenised Finance And 24/7 Trading Access

Hong Kong could potentially double the size of its fund industry by moving from legacy infrastructure to token-based fi... Read more

HKMA Alerts Public To Scam Website And Login Screens Posing As Official Site

The Hong Kong Monetary Authority (HKMA) has issued a public alert regarding a fraudulent website and online login scree... Read more

Hong Kong Fintech Promotion Blueprint Indicates 4 Incoming Flagship Projects

The Hong Kong Monetary Authority (HKMA) released the Hong Kong Fintech Promotion Blueprint on 3 February 2025, which sh... Read more

Visa To Enable Cross-Border Payments To 95% Of UnionPay Cardholders In China

At Web Summit Qatar, Visa and UnionPay International (UPI) announced an agreement to enable cross-border money transfer... Read more

HKMA Launches Fintech Blueprint With AI, DLT, Quantum And Cybersecurity Focus

The Hong Kong Monetary Authority (HKMA) published a Fintech Promotion Blueprint to support responsible innovation and f... Read more

How Gaming Giants Are Redefining The Experience Of Paying

Gaming isn’t just a hobby; it’s a global infrastructure challenge. In this episode Vincent Fong (Chief Editor, Fint... Read more