Hong Kong, US experts to assist Virgo 8 salvage operation: Basarnas
The National Search and Rescue Agency (Basarnas) is preparing a salvage operation supported by expert teams from Hong ...
Hong Kong's Chief Executive, John Lee, recently unveiled the city's inaugural five-year plan as part of his final policy address. The comprehensive strategy centers around strengthening ties with mainland China and fostering new economic sectors. Key elements of the plan include doubling innovation spending, raising the manufacturing and new industries contribution to 5.5% of the economy, and implementing various measures to encourage higher birth rates, such as an expanded cash bonus scheme and reduced housing down payments for new parents.
Additionally, Hong Kong is introducing a new visa program to attract international talent for short-term training programs and providing tax incentives for finance and technology firms to bolster the city's financial status.
Written by urgent.news from South China Morning Post - Hong Kong's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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