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On September 16, the Chief Executive of the Hong Kong Special Administrative Region, Li Jiachao, announced the “First Five-Year Plan for the Economic and Social Development of the Hong Kong Special Administrative Region” and the “Chief Executive's 2026 Policy Address”. The “Plan” mentions speeding up the integration of key national science and technology strategies. Aiming at the national strategic technology sector, focusing on key core technologies such as life and health, artificial intelligence and robotics, microelectronics, new energy, and advanced manufacturing and new materials, laying out major national and regional research platforms, strengthening key core technology research, achieving scientific breakthroughs in the country's core needs, and introducing and supporting related enterprises to develop in Hong Kong. Continue to increase the total expenditure on local innovation activities as a share of GDP, aiming to reach 3% after 2030. Continue to optimize the “Mainland and Hong Kong Science and Technology Cooperation Funding Scheme” to strengthen research cooperation and technical research between the Mainland and Hong Kong. Consolidate, upgrade and give full play to the “dual base” advantages of the National Key Laboratories in Hong Kong and InnoHK's innovative Hong Kong R&D platform, and support Hong Kong's National Key Laboratories to carry out basic and applied research work in line with the country's major needs.

Zhitongcaijing·09/16/2026 04:41:03
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On September 16, the Chief Executive of the Hong Kong Special Administrative Region, Li Jiachao, announced the “First Five-Year Plan for the Economic and Social Development of the Hong Kong Special Administrative Region” and the “Chief Executive's 2026 Policy Address”. The “Plan” mentions speeding up the integration of key national science and technology strategies. Aiming at the national strategic technology sector, focusing on key core technologies such as life and health, artificial intelligence and robotics, microelectronics, new energy, and advanced manufacturing and new materials, laying out major national and regional research platforms, strengthening key core technology research, achieving scientific breakthroughs in the country's core needs, and introducing and supporting related enterprises to develop in Hong Kong. Continue to increase the total expenditure on local innovation activities as a share of GDP, aiming to reach 3% after 2030. Continue to optimize the “Mainland and Hong Kong Science and Technology Cooperation Funding Scheme” to strengthen research cooperation and technical research between the Mainland and Hong Kong. Consolidate, upgrade and give full play to the “dual base” advantages of the National Key Laboratories in Hong Kong and InnoHK's innovative Hong Kong R&D platform, and support Hong Kong's National Key Laboratories to carry out basic and applied research work in line with the country's major needs.