Hong Kong government almost triples ‘One Belt, One Road’ sponsorship funding
Expenditure totalling HK$8.2 million will be spent on exchange programmes for youngsters in countries involved in Beijing’s go-global strategy
The government will almost triple the sponsorship for student exchange programmes for the mainland’s go-global strategy from HK$2.9 million last year to HK$8.2 million in the current fiscal year.
The move will benefit 900 people compared with the current 630 people, according to the Home Affairs Bureau.
In a reply to lawmakers on questions concerning expenditure for the current financial year, Permanent Secretary Betty Fung Ching Suk-yee said the Committee on the Promotion of Civic Education had increased its budget to HK$8.2 million to sponsor exchange programmes in “One Belt, One Road” countries organised by non-governmental organisations, charities and statutory bodies for those aged between 15 and 29.
The “One Belt, One Road” scheme includes the Silk Road Economic Belt and the 21st-Century Maritime Silk Road initiated by President Xi Jinping. It covers about 65 countries spanning Asia, Africa and Europe.
The committee is currently promoting funding for exchanges. Its objective is to foster “people-to-people bonds”.