Noted economist Professor Lawrence Lau Juen-yee told a recent forum that R&D investment should be increased to match the level of Shenzhen. Photo: Dickson Lee

Hong Kong needs a strategy to develop into a knowledge-based economy and innovation hub

The finance and property sectors continue to dominate the economy and there is a noticeable lack of investment in research and development

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Noted economist Professor Lawrence Lau Juen-yee told a recent forum that R&D investment should be increased to match the level of Shenzhen. Photo: Dickson Lee
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