Hong Kong, Guangdong governments to support joint research and development projects
16/12/2008 17:06
The Hong Kong and Guangdong governments will jointly provide funding for
four applied research and development projects under the Guangdong-Hong Kong
Technology Co-operation Funding Scheme, a government press release said
today.
According to a press release from the Information Services Department
of Hong Kong Special Administrative Region government, the funding scheme,
launched in 2004 by the Hong Kong/Guangdong Expert Group on Co-operation in
Innovation and Technology, serves to enhance the collaboration between research
and development institutions and industry in the two places. The scheme will
also upgrade the technology level of industry in the Greater Pearl River Delta
region.
In the past four years, the two governments have supported more than
660 research and development projects with total funding of 1. 63 billion HK
dollars (US$210.55 million).
"To further enhance Hong Kong's technology
collaboration with Guangdong and Shenzhen, a category of co-funded projects was
introduced last year, under which projects are to be funded jointly by the
Guangdong and Hong Kong authorities or the Shenzhen and Hong Kong authorities,"
a spokesman for the Innovation and Technology Commission said today.
"Through
closer co-operation and exchanges between the two sides under this category, we
hope to enhance the innovative and technological upgrading of Hong Kong and the
Guangdong area more effectively," he said.
He said that a total of 11
applications seeking joint funding from Guangdong and Hong Kong were received
when applications closed on October 15. These applications have been vetted
jointly by the Hong Kong and Guangdong sides. The results of applications
seeking joint funding from Shenzhen and Hong Kong will be announced
later.
Xinhua
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