World Economy

HK Behind in Innovation

HK Behind in InnovationHK Behind in Innovation

Hong Kong is lagging behind other Asian cities in developing innovation and technology, and the government has a less open-minded approach towards a sharing economy, a survey of local residents has shown, CNA reported. Compared to four other Asian cities, including Taipei, Shenzhen, Seoul and Singapore, Hong Kong scored the lowest in developing innovation and technology in the study, which was conducted by the University of Hong Kong’s Public Opinion Program between August 24 and 31. Some 636 Hong Kong residents took part in the survey, the Sharing Economy Alliance, which commissioned the survey, said.


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