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PReCIT welcomes the 2022 Policy Address Initiatives

20 Oct 2022

The Policy Research Centre for Innovation and Technology (PReCIT) of The Hong Kong Polytechnic University (PolyU) welcomes the Chief Executive’s initiatives in the 2022 Policy Address that support Innovation and Technology Development in Hong Kong.

The initiatives outlined in the Policy Address will chart a brighter tomorrow for Hong Kong with the strong support of the central government and the distinctive advantages of being closely connected to the world.

PReCIT is grateful that the HKSAR Government has incorporated our suggestions on enhancing carbon neutrality and the I&T ecosystem, as well as promoting the commercialisation of research and development (R&D) into the Policy Address in order to foster Hong Kong’s development into an international innovation and technology centre. PReCIT welcomes the launch of the $10 billion “Research, Academic and Industry Sectors Oneplus Scheme” next year to promote research outcome application via strengthening the collaboration among industry, academia and research.

The Policy Address proposed the establishment of the Office for Attracting Strategic Enterprises (OASES), the Talents Service Unit, and Dedicated Teams for Attracting Businesses and Talents to formulate strategies for attracting I&T enterprises and talents. Other I&T initiatives include the launch of the Top Talent Pass Scheme, the expansion of the STEM Internship Scheme,  the increase of UGC‑funded research postgraduate (RPg) places and its over-enrolment ceiling, enhancing accommodation support for I&T talents, and attraction on outstanding students along the Belt and Road to pursue their studies or career in Hong Kong.

Prof. Christopher CHAO, Vice President (Research and Innovation) of PolyU and Director of PReCIT, said “ The 2022 Policy Address has contributed a substantial roadmap for attracting I&T talents. These measures will bring new momentum to the city’s innovation and technology development. We look forwards to more details on the Hong Kong I&T Development Blueprint to be promulgated by the HKSAR Government this year.”

According to the Policy Address, the HKSAR Government will study the trial implementation of a cross‑boundary policy on I&T co‑operation including the flows of I&T material, capital, data and people between Hong Kong and Shenzhen to support the city’s participation in the national pioneering technology missions.

Prof. Eric CHUI, Co-Director of PReCIT and Head of the Department of Applied Social Sciences of PolyU added, “PReCIT appreciates the HKSAR Government to take our recommendations on I&T policies. PolyU will be continuously committed to making impactful contributions in driving an international I&T centre in the GBA.”

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