Speech by the Chief Executive in delivering “The Chief Executive’s 2018 Policy Address” to the Legislative Council
34. Meanwhile, Hong Kong is full of development opportunities. The HKSAR Government will act proactively, strengthen our roles in serving as “facilitator” and “promoter”, and seize the opportunities brought by the Belt and Road (B&R) Initiative and the Greater Bay Area development, with a view to generating new impetus for our economy. The initiatives on the maritime industry, insurance industry, film industry, Chinese medicine sector etc. I propose in this Policy Address will be conducive to the development of the industries and sector. We also step up our efforts to promote I&T. Further to the $50 billion earmarked in this year’s Budget, we will allocate an additional $28 billion for university research, re-industrialisation, application of technology in public services and fostering of an enabling environment for I&T etc.
