In the 2018-19 Budget announced on February 28, the Financial Secretary unprecedentedly allocated more than HK$50 billion along with a series of measures in infrastructure development, research and development (R&D) collaboration, nurturing start-ups and promoting industries, to keep up the support for innovation and technology (I&T) development, demonstrating the current-term government's commitment and determination in fostering I&T development in Hong Kong for the betterment of the community.
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