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FS paves way to green, digital future

A number of initiatives and measures aimed at accelerating high-quality development were announced in today’s 2024-25 Budget, with the Government emphasising a move towards a green future and digitalisation.   Explaining that high-quality development spurs ongoing economic innovation and growth whilst conserving the natural environment, Financial Secretary Paul Chan said Hong Kong must pursue opportunities through leveraging its advantages under “one country, two systems”, namely those of enjoying strong support at a national level and being closely connected to other parts of the world.   He stressed that green development involves huge business opportunities and financing needs, as governments and businesses around the world pursue carbon neutrality and green transformation. In addition, he said digitalisation has become a new driving force for economic development, empowering enterprises to enhance efficiency, boost their competitiveness and achieve new growth.   Introdu

Study subsidy to launch

The Government today announced that it will subsidise, via the Study Subsidy Scheme for Designated Professions/Sectors, 2,501 places in 32 sub-degree programmes of eight post-secondary institutions for the cohort to be admitted in the 2022-23 academic year.   The 32 designated sub-degree programmes fall under six disciplines identified as having keen manpower demand, namely architecture and engineering, computer science, creative industries, health care, sports and recreation, and tourism and hospitality.   In the 2022-23 academic year, the annual subsidy amount for laboratory-based sub-degree programmes will be increased to $38,520 from $38,400 in the 2021-22 academic year, while that for non-laboratory-based sub-degree programmes will be increased to $22,120 from $22,050.   The adjusted subsidy amounts are applicable to both new and current students who are eligible.   For admission to the designated sub-degree programmes under the scheme, students may apply directly to the institutions.   The designated undergraduate programmes under the scheme in the 2022-23 academic year including the number of places and subsidy amounts were announced on September 21.   Click here for details.
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