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[Policy Address] Innovation and technology development must be based on Hong Kong, not just relying on the Mainland

2020-11-26T04:06:54.058Z


Chief Executive Carrie Lam Cheng Yuet-ngor read out the latest "policy address" on Wednesday (25th). Hong Kong experienced anti-regulation turmoil last year, and this year it encountered a once-in-a-hundred-year pandemic. What is needed most at this time is to focus on economic development.


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Written by: Commentary Editing Room

2020-11-25 17:15

Last update date: 2020-11-25 17:15

Chief Executive Carrie Lam Cheng Yuet-ngor read out the latest "policy address" on Wednesday (25th).

Hong Kong experienced turmoil in the anti-amendment law last year, and this year it encountered a once-in-a-hundred-year epidemic. What is needed most at this time is to focus on the development of the economy and people’s livelihood.

Although the "Policy Address" has been "late" for more than a month, it seems that more time is still not enough for the government to conceive a blueprint for meaningful economic development, especially as the development of innovative technology to stimulate Hong Kong's future development, apart from lack of new ideas , And have to rely on Shenzhen, which makes people feel sad.

One of the main points of the "Policy Address" is "injecting new impetus into the economy."

However, looking at the entire chapter, it is still lacking in the original direction.

Policies related to financial centers and international aviation hubs, such as deepening the financial interconnection between the two places, and Hong Kong-Zhuhai Airport cooperation, are extensions of existing policy directions, and it is hard to say that there is a major breakthrough.

It is supposed to be the most innovative innovative technology, but it is still nothing.

In the "Policy Address" item on innovation and technology, it mentioned that the eight major policy directions for 2017 have been implemented, and some people even described it as "the golden age of innovation and technology."

However, reading the so-called results in detail, it is difficult to agree with this reputation.

The attachment to the Policy Address mentions that there are 3,360 start-ups this year, but the definition of a start-up includes all new companies, and how many of them are related to innovation and technology is unknown.

In addition, the report also stated that the risk investment in Hong Kong from 2017 to 2019 was 36.9 billion yuan.

It is true that Hong Kong’s financial foundation has attracted a lot of capital to invest in venture capital in innovation and technology companies in Hong Kong, but many of them are Mainland innovation and technology companies that raise funds in Hong Kong. How many are directly invested in innovation and technology companies operating in Hong Kong. unknown.

In addition to these data, the only real achievements in innovation and technology are "electronic hand straps" and "copper core masks".

The Loop will become an innovation and technology park for Hong Kong-Shenzhen cooperation.

(Visual China)

Two-way cooperation is different from one-way dependence

When it comes to the future development of innovation and technology, the focus of the "Policy Address" is inclined to rely on Shenzhen.

Hong Kong’s principle of "relying on the motherland" is true. However, the innovation and technology part of the entire "Policy Address" gives people an over-reliance on the mainland, especially the help of Shenzhen. It seems that Hong Kong is really doing nothing in this regard.

Whether it is the Shenzhen-Hong Kong cooperation zone for science and technology innovation or the part of young science and technology talents, the report constantly emphasizes the need for companies to return to the Mainland to find opportunities, or young people to return to the Greater Bay Area to find jobs.

This one-way relationship can only be called "dependence", it is hard to call it "cooperation."

What is even more puzzling is that, on the one hand, the report admits that there is a shortage of technological talents in the country, but on the other hand, it encourages talents to leave Hong Kong to develop in the Mainland, which inevitably appears contradictory.

If Hong Kong wants to develop innovation and technology, it should also cooperate with Shenzhen for a win-win situation, but it does not regard Shenzhen as a "nanny". Hong Kong must find its own path to innovation and technology, so that more companies can stop and develop in Hong Kong so that people can stay in Hong Kong. Development can also provide more local economic growth momentum.

Otherwise, Hong Kong talents will continue to flow to other places, and they will just make "wedding clothes" for others in vain.

The government must be cautious about the development of innovation and technology. It cannot fight alone. It should make good use of the relationship in the Mainland, but it must not become a "dependence" on the Mainland.

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[Policy Address] Innovation and technology development must be based on Hong Kong, not just relying on the Mainland

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Source: hk1

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