Supporting Hong Kong’s Transformation
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Supporting Hong Kong’s Transformation
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Hong Kong is transforming itself into a global hub of innovation and technology (I&T). CUHK, recognized as one of the most innovative universities in the city and the region, is playing a lead role in this effort.
The Hong Kong Government has committed to doubling its research funding budget over the next few years and has established two I&T research clusters with HK$10 billion. These two clusters, healthcare technologies, and artificial intelligence and robotics technologies, are areas where CUHK has established expertise and strength. In addition, funding for three schemes under Hong Kong’s I&T Fund will be doubled to promote technology transfer. Approximately HK$20 billion will be devoted to research-related initiatives. Other initiatives by the Government include support for the Hong Kong Science and Technology Parks Corporation to develop research-related infrastructure and facilities for its tenants and incubatees, as well as a Technology Talent Admission Scheme to attract technology talent to Hong Kong. Nationally, China’s Ministry of Science and Technology announced new policies that will enable universities and research institutions in Hong Kong to compete directly for national research funding. Opportunities are also opening up in the Greater Bay Area, the region of southern China that encompasses nine municipalities in Guangdong along with Macao and Hong Kong. These and other incentives are paving the way for a new wave of research opportunities for CUHK. Backed by a reputation of ground-breaking research, an innovative spirit, together with extensive training and support for innovation and entrepreneurship on our campus, CUHK is propelling an innovative future for Hong Kong and beyond. |