Hong Kong can take advantage of national funding for innovation and technology, city’s financial secretary says
Writing in his blog on Sunday, Paul Chan said the city has ‘strong policy support’ from Beijing
Paul Chan Mo-po said the city has solid advantages to develop in innovation and technology, such as international connections, an ability to nurture talent, protection of copyright and a sound legal system.
“Now we also have strong policy support from Beijing. The whole society has been gradually developing a consensus for Hong Kong to develop innovation and technology,” Chan wrote in his blog on Sunday.
National funding ‘crosses the bridge’ to Hong Kong scientists and research hubs as part of innovation drive
Regarding the Hong Kong government’s role, Chan said it is responsible for building a good environment for the industry.
He gave examples such as removing restrictions, investing in education and cultivating and attracting talent and companies.
“By daring to act and experiment without fear of failure and limitation by the past experience, we can make bigger breakthroughs!” He wrote.
After he officiated the opening ceremony of “SmartHK 2018” on May 16 in Zhejiang, Hangzhou, Chan also said he was impressed by mainland internet companies’ vision and insight into the latest social trend to improve people’s quality of life.
