Policy Address

Innovation and Technology Fund for Better Living

87.         Innovation and technology can improve our everyday life in a wide range of aspects, including communication, transportation, healthcare, education, the environment, public order, consumer spending and food safety.  The Government will set aside $500 million to set up an Innovation and Technology Fund for Better Living to finance projects that make use of innovation and technology to improve our daily life. 

Other Supporting Initiatives

88.         The Government will review the functions and composition of the Advisory Committee on Innovation and Technology to meet the needs arising from the new landscape. 

89.         The Government will step up efforts to promote STEM (Science, Technology, Engineering and Mathematics) education and encourage students to pursue the study of these subjects. 

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