We begin with Hong Kong Chief Executive's emphasis on technology in his 1997 policy address. The resources for technology development in the government, funding sources, and industrial centers are presented in Section 2. The research programs in local universities are described in Section 3. The existing financial infrastructure and how it may help the technology development is outlined in Section 4. Section 5 describes how Hong Kong teams up with China to transform hi-tech into commercialized economy.
Conclusions follow in the last section.
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