Newsletter-No8

HONG KONG INSIGHT
香 港 內 望
Hong Kong Innovation and Technology
BureauPromotes Economic Diversification
香 港 創 新 及 科 技 局 ,
推 動 經 濟 多 元 發 展
Innovation and technology have been a major trend of modern
world development. In order to open up business opportunities
and promote economic development, on 20 November 2015
Hong Kong established the Innovation and Technology Bureau
(hereinafter referred to as “ITB” ), which leads Hong Kong’s
innovation and technology development and through
formulating comprehensive policies, supporting
infrastructures and cultivating talents. The public generally
welcome the establishment of the ITB, and the industry thinks
that it can help to create economic diversification and more
job opportunities in Hong Kong.
The Advantages of
Hong Kong’s Innovation and
Technology Development
A great number of advantages in
innovation and technology, such as
well-established legal system,
effective intellectual property
protection, comprehensive technology
infrastructures and financial system,
and marvellous pool of talents
provides Hong Kong a friendly
environment to develop
high-value-added industry and
attracts world-leading scientific
research institutions to settle down. In
2015, Karolinska
Institute and
Massachusetts
Institute of Technology respectively
announced the establishment of the
first overseas scientific research base
and innovation centre in Hong Kong.
The Academy of Science of
Hong Kong which has been recently
established can also facilitate
Hong Kong’s scientific research
development.
Programme Highlights
The ITB is committed to promoting
香 港 創 新 及 科 技 發 展 優 勢
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