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Hong Kong sets 5-year plan to double innovation spending, boost new industries

  • Posted on September 16, 2026
  • By South China Morning Post
  • 1 Views
  • 1 min read
In brief

Hong Kong's ambitious five-year strategic initiative aims to accelerate innovation-driven economic growth by substantially increasing research and development investments. The comprehensive roadmap encompasses 22 critical objectives spanning technological advancement, economic diversification, employment opportunities, and sustainable environmental practices. This forward-looking plan prioritizes five essential development sectors, positioning Hong Kong as a regional innovation hub while strengthening its competitive advantage in emerging industries and digital transformation.

Summary auto-generated by AI from the original publisher's content. Editorial standards.

Hong Kong sets 5-year plan to double innovation spending, boost new industries
Hong Kong sets 5-year plan to double innovation spending, boost new industries

Blueprint sets 22 major goals for economic development, livelihoods and environmental protection, policy address targets five key areas of development.
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Author
South China Morning Post

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