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Received yesterday — 30 October 2026 ⏭ South China Morning Post

5-year plan has set Hong Kong’s innovation target. Will businesses step up?

30 October 2026 at 03:30
Feel strongly about these letters, or any other aspects of the news? Share your views by emailing us your Letter to the Editor at letters@scmp.com or filling in this Google form. Submissions should not exceed 400 words. Hong Kong’s first five-year plan sets a striking target: local innovation expenditure should rise from 1.63 per cent of gross domestic product in 2024 to 3 per cent after 2030 – nearly double. The city has five universities in the top 100 and is home to national key laboratories...

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