Hong Kong has announced a series of tax breaks for companies that invest in research, and these will be implemented from next year. Photo: K Y Cheng/SCMP

Hong Kong must promote research and innovation through incentives, says PwC

City at risk of falling behind neighbours because of lower expenditure on research but changes announced by chief executive offer hope, says consultancy

Topic |   Hong Kong economy

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Hong Kong has announced a series of tax breaks for companies that invest in research, and these will be implemented from next year. Photo: K Y Cheng/SCMP
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