'Patriotic' HK Scientists To Get Beijing Cash
"); jQuery("#212 h3").html("

"); });
2018-05-15 HKT 05:43
President Xi Jinping has issued a directive ordering state agencies to support Hong Kong's development into an international innovation and technology hub - including the transfer of national-level funding for use here. However it explicitly stated people will only be invited to participate in national-level programmes if they "love the country and Hong Kong".
The directive was prompted by an appeal by a group of Hong Kong members of the Chinese Academy of Sciences and the Chinese Academy of Engineering, who complained about their research difficulties, including barriers for them to move national research grants for use here.
The Xinhua News agency reported that President Xi ordered "timely actions" to be taken to do more to empower local talent to contribute to national science and technology initiatives, after receiving the letter.
The report said local scientists who love the country and Hong Kong will be able to participate in national science and technology programmes, and receive direct financial support. It said 16 partner labs of state laboratories based here have already been given such support.
It also quoted the president as saying that patriotic talent here are an important force in implementing the national strategy of innovation-driven development, and turning China into a country of innovators.
He added that promoting co-operation between local and mainland talent and helping Hong Kong become an international hub for innovative technology are part of the implementation of the One Country, Two Systems principle.
The SAR administration welcomed and thanked Beijing for what it describes as a "breakthrough for mainland and Hong Kong scientific research".
OKI And Hitachi To Launch Joint Venture For ATM And Automated Equipment In October
OKI, Hitachi, and Hitachi Channel Solutions have announced that they have reached agreements to integrate their automat... Read more
The Race For Hong Kongs First Stablecoin Licenses Is Almost Over
I’ve been refreshing the Hong Kong Monetary Authority’s register of licensed stablecoin issuers frequently over the... Read more
HTF Securities And Alchemy Pay Expand Hong Kong Type 1 License For Virtual Assets
Alchemy Pay has announced that, in partnership with HTF Securities Limited, it has successfully expanded HTF Securities... Read more
Ping An Digital Bank Rebrands As Deposits Exceed HK$12 Billion
Ping An Digital Bank has introduced a new brand identity, aligning more closely with its parent, Ping An Insurance. The... Read more
Futus PantherTrade Launches Full-Scale Licensed Operations In Hong Kong
Futu has announced that its wholly-owned virtual asset trading platform, PantherTrade, has begun full-scale licensed op... Read more
Mastercard Enables AI Agent To Complete Live Ride-Booking Payment In South Korea
Mastercard has completed a live, authenticated agentic transaction in South Korea, marking a key development in AI-powe... Read more
