Fri Mar 21 2025

Chief Executive John Lee on Friday said the city will soon launch a HK$3 billion scheme to support local academic and scientific research, as authorities ramp up efforts to transition Hong Kong into a global innovation and technology centre. Lee made the remarks at the opening of the International Academicians Hong Kong Forum in Wan Chai, where he noted that the role of scholars and scientists is critical in aiding Hong Kong's technological transition, amid evolving and unprecedented global challenges. The forum also marked the founding of the International Alliance of Academicians (IAA). "Knowledge knows no borders, our shared challenges require shared solutions. The government is committed to cultivating a dynamic environment, one that champions innovation and technology, in every sector and industry, every institution and corner of our community," he told participants. "We will soon launch a Frontier Technology Research Support Scheme, worth HK$3 billion, or nearly US$400 ...