Central Gov't Backs Tech Talent
President Xi Jinping's instruction to promote technology collaboration between Hong Kong and the Mainland shows the Central Government attaches great importance to the city's technological expertise.
Chief Executive Carrie Lam made the statement when speaking to the media ahead of today's Executive Council meeting.
She said the Ministry of Science & Technology and the Ministry of Finance yesterday issued guidelines on granting science and technology funding for higher education and research institutions in Hong Kong.
It includes arrangements on cross-boundary remittance of approved project funding to Hong Kong.
The instruction's mention of giving more support to Hong Kong scientists and researchers who love the country and Hong Kong was nothing unusual, Mrs Lam said.
"In Hong Kong, we do expect whether you are a scientist or researcher, government official like myself, to love our country and love Hong Kong, so that is nothing unusual.
"I think some commentators have read too much into this term."
US Stocks Rise On Hopes Of Pause In Rate Increases
Wall Street stocks finished solidly higher on Thursday, reflecting better sentiment on the US economy and a consensus vi... Read more
China's Financial Risks 'controllable': Regulators
The head of the National Financial Regulatory Administration on Thursday told a high-profile forum in Shanghai that the ... Read more
Banks Cut Yuan Deposit Rates, Could Boost Consumption
China's biggest banks on Thursday said they have lowered interest rates on yuan deposits, in actions that could ease pre... Read more
Cheese And Wine Put EU, Australia Deal In Peril
Australia on Thursday threatened to walk away from a blockbuster free trade deal with the European Union unless its prod... Read more
US Stocks End Mixed As Tech Shares Are Sold Off
Gains by industrial companies lifted the Dow on Wednesday, while weakness among technology shares pushed the Nasdaq deci... Read more
Amazon 'plans Prime Video Streaming Service With Ads'
Amazon.com is planning to launch an advertising-supported tier of its Prime Video streaming service, the Wall Street Jou... Read more