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

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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