Hong Kong to set up first national innovation centre outside mainland China

    Hong Kong to set up first national innovation centre outside mainland China

    Hong Kong will establish the first national manufacturing innovation centre outside mainland China and a high-level steering committee to spearhead AI development, the finance chief has said, as the city seeks to align with the country’s 15th five-year plan. Financial Secretary Paul Chan Mo-po also unveiled a citywide artificial intelligence (AI) literacy drive in Wednesday’s…

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    Financial Secretary Paul Chan Mo-po has announced an array of industry spending and relief measures in the latest budget. Photo: Eugene Lee

      Surpluses, investments, tax breaks: what’s in it for you in Hong Kong’s budget 2026-27

      Financial Secretary Paul Chan Mo-po has announced an array of industry spending and relief measures in Hong Kong’s budget, in response to the city’s quicker-than-expected return to a surplus of HK$2.9 billion (US$370.8 million) in its consolidated account. In a two-hour address to the Legislative Council on Wednesday, Chan pledged substantial government support and investment…

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      Is China really developing a space supercarrier?

        Is China really developing a space supercarrier?

        A flurry of video and still images have been released recently of a China strato-carrier concept. Credit: CCTV/ChineseArmyYouTube Breathless reports point to a conceptual Chinese flying aircraft carrier, operating in the Earth’s stratosphere Propelling such a platform into flight would require propulsion technology far beyond what currently exists Alternative space-based strike systems are within the…

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        Jeff Bezos is reportedly becoming a CEO again—and it's for a $6.2 billion AI startup called 'Project Prometheus'

        Jeff Bezos is reportedly becoming a CEO again—and it’s for a $6.2 billion AI startup called ‘Project Prometheus’

        Jeff Bezos, Amazon’s founder and one of the world’s most influential tech pioneers, is officially returning to hands-on leadership as co-CEO of a new artificial intelligence (AI) venture called Project Prometheus, The New York Times reported, citing three people familiar with the company. This marks Bezos’s most significant operational role since he stepped down as…

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        Transformation of China’s supersized market will suit Italian investors: Wang Yi

        Transformation of China’s supersized market will suit Italian investors: Wang Yi

        Beijing is committed to a “fair” playing field for Italian investors, top diplomat Wang Yi pledged in Rome on Wednesday, as he courted international support for China’s next five-year plan. Addressing a joint press conference with his Italian counterpart Antonio Tajani, the Chinese foreign minister also announced a further extension to Beijing’s unilateral visa-free entry…

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        China youth engrave motivational phrases like ‘get rich’ on dental caps, raises concerns

        China youth engrave motivational phrases like ‘get rich’ on dental caps, raises concerns

        A new China youth fashion trend of getting tooth tattoos by engraving words like “get rich” and “ensure success” on their dental caps has trended on mainland social media. Facilitated by dental institutions across the country, which provide tailor-made word or pattern inscriptions on tooth crowns for free to attract customers, according to a report…

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        Putin's Push for Space Tech Advancement

        Putin’s Push for Space Tech Advancement

        In a bid to advance Russia’s leadership in space technology, President Vladimir Putin has called on the nation’s aerospace industry to enhance their efforts in developing booster rocket engines. The president’s directives highlight Russia’s historical prowess in space exploration. During a visit to the southern city of Samara, Putin addressed industry specialists at the…

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