Hong Kong will introduce various important measures to promote the development of new productive forces and help Hong Kong achieve high-quality development, Chief Executive John Lee Ka-chiu said on Monday.

“Technology is the primary productive force, talent is the primary resource, and innovation is the primary driving force. We will continue to use different channels and take a multipronged approach to strengthen Hong Kong’s innovation and technology talent pool,” the chief executive said during an awards ceremony organized by the Innovation and Technology Commission.
The Hong Kong Special Administrative Region government has attracted more than 320,000 applicants for its various talent admission programs since their launch, and has approved nearly 200,000 of them, including more than 130,000 who are already in Hong Kong, Lee said.
The government also has programs to subsidize research and development teams and enterprises for the hiring of scientific research talent to carry out R&D work.