HK Research Institutions Granted 22 Million Yuan

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

Related News Programmes

"); });

2018-05-15 HKT 22:29

Share this story

facebook

  • Huang Wei said the Ministry of Science and Technology will press ahead with cooperation with Hong Kong. Photo: RTHK

    Huang Wei said the Ministry of Science and Technology will press ahead with cooperation with Hong Kong. Photo: RTHK

Beijing's Liaison Office in Hong Kong said on Tuesday that the central government has already granted the first batch of 22 million yuan to more than a dozen so-called Key State Laboratories in the SAR - which are local partners of state-funded research centres on the mainland.

The Deputy Director of the office, Tan Tieniu, made the announcement at the Forum on Mainland-Hong Kong Cooperation in Innovation and Technology.

The forum, held by the Hong Kong government, discussed new opportunities brought about by the provision of the funding for research institutions in the SAR. The initiative was announced by the central government on Monday.

Huang Wei, Vice Minister at the Ministry of Science and Technology, said that in order to support the development of Hong Kong as an international innovation and technology hub, the Ministry of Science and Technology will press ahead with the cooperation between the mainland and the SAR in the area of scientific research. (Xinhua)

RECENT NEWS

OCBC Plans Hong Kong Wealth Expansion With Up To 50 New Bankers

OCBC is expending its wealth management team in Hong Kong by 30% this year to meet growing regional demand for investme... Read more

Hana Financial To Acquire US$669M Stake In Dunamu, Deepening Crypto Push

Hana Financial Group has agreed to acquire a 6.55% stake in digital asset operator Dunamu. The transaction is valued at... Read more

Reap And TerraPay Partner To Expand Cross-Border Payouts Via Local Payment Rails

Reap has partnered with TerraPay to expand its cross-border payout network using domestic clearing systems. The integra... Read more

Tencent Fintech And Cloud Services Lift Q1 2026 Revenue 9% To US$8.68 Billion

Tencent reported a 9% increase in revenue from its fintech and business services division for the first quarter of 2026... Read more

Ant Group Profit Falls An Estimated 79% As AI And Payments Spending Rises

Ant Group saw an estimated 79% decline in quarterly profit as the company accelerates its spending on AI, large languag... Read more

Alibabas Cloud Revenue Jumps 40% As AI Investments Pressure Profitability

Alibaba Group has released its financial results for the quarter and fiscal year ending 31 March 2026, reporting a 3% a... Read more