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Innovation & Technology

Hong Kong’s capacity to innovate is supported by excellent connectivity with Mainland China and the rest of the world, strong research and development capability, world-class universities, and a robust intellectual property protection. The Government strives to create a vibrant ecosystem with excellent software and hardware support for industry players to collaborate on research, development and innovation.

Hong Kong is fast becoming a start-up hub for technology firms. The Government helps nurture a conducive environment for technology start-ups in collaboration with local R&D institutions and universities. Government initiatives include targeted funding programmes, (e.g. a dedicated venture fund programme to attract venture capital investment),tax relief to encourage R&D investment, research clusters in key technology area, and collaboration with the neighbouring Shenzhen Municipal People’s Government to develop the Hong Kong-Shenzhen Innovation and Technology Park.

With full support from the Mainland, Hong Kong scientists have been actively contributing to the country’s technological advancement.Hong Kong universities and research institutions are able to bid for funding for science and technology projects, thereby participating in major technology missions of the country.

Download our Innovation and technology fact sheet for more information

Learn more:
Innovation and Technology Bureau
Leaflet - Hong Kong: From Startups to Regional Headquarters
Booklet - Innovation Hong Kong
Policy Address 2018 – Diversified Economy
Speech by CE at signing ceremony of Memorandum of Understanding for Establishing The Center for Neurodegenerative Diseases
Press Release - Over 650 datasets to be released in first year of government open data plans
Press Release - SCED and CA announce arrangements for releasing 5G spectrum in various frequency bands
Speech by CE at Inauguration of Nordic Innovation House
Press Release - CE hosts Nobel Prize Winner and local scholars
Beijing Youth Daily (Nov 2018)(Simplified Chinese)
Jiefang Daily(Nov 2018)(Simplified Chinese)

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Last revision date: Jan 16, 2019