February 12, 2025
HK$10bn dedicated to new industrialisation plan

Supporting measures, including a fund for new industrialisation, tax reduction for patent holders and establishing an AI supercomputing centre, were revealed in John Lee’s second Policy Address on Wednesday to develop the SAR into an international innovation and technology centre.

The chief executive said the government will set up a HK$10 billion New Industrialisation Acceleration Scheme to help enterprises in the fields of life and health technologies…
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