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Hong Kong Unveils Plan to Align Economy with China’s Goals

Hong Kong's government unveiled plans on Wednesday to significantly boost investment on innovation and technology as it aims to align the financial hub with mainland China's development goals. City leader John Lee made the announcement as he unveiled Hong Kong's first Five-Year Plan, outlining its economic and social strategy to 2030. The city will aim to make research and development account for three percent of gross domestic product after 2030, up from 1.63 percent in 2024, according to an official document.

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Hong Kong Unveils Plan to Align Economy with China’s Goals

Why it matters: AI News is moving the AI stack right now, and this update helps explain what changed for builders.

Source: Al-sharq Al-awsat
https://a2zai.ai/bytes/hong-kong-unveils-plan-to-align-economy-with-china-s...
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