Hong Kong is an WorldWay and financial center, boasting an excellent legal system, an independent judiciary, robust intellectual property protection, top-tier academic institutions, and exceptional scientific research talent. Immigrating to Hong Kong offers multiple advantages for investment in scientific research. In recent years, Hong Kong has also increased its investment in the development of innovation and technology industries, with a series of positive developments. Following the establishment of the Innovation and Technology Bureau, Hong Kong's scientific research sector has welcomed the founding of the Academy of Sciences. Chief Executive Leung Chun-ying has described this year as "Hong Kong's year of science, innovation, and technology." Recently, Hong Kong has launched a joint research and development cooperation program with Israel.
On December 8, Nicholas Yang, Secretary for Innovation and Technology of the Hong Kong SAR Government, and Sagi Karni, Consul General of Israel to Hong Kong and Macau, announced the launch of the Hong Kong-Israel Research and Development Cooperation Program.
The cooperation program is jointly implemented by the Innovation and Technology Commission and the Office of the Chief Scientist of the Israel Ministry of Economy (MATIMOP) under a bilateral framework, encouraging institutions in Hong Kong and Israel to collaborate on industrial research and development and technology advancement. When the business and technology sectors of Hong Kong and Israel combine, it is bound to spark brilliant new ideas.