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ASTRI Introduces Development Plans to HK’s International I&T Hub Vision

The Hong Kong Applied Science and Technology Research Institute (ASTRI) recently announced several development plans that are aimed at aligning ASTRI with the vision of developing the Greater Bay Area (GBA) into an international innovation and technology (I&T) hub, as outlined in the 14th Five-Year Plan.

The Chief Executive Officer of ASTRI announced the plans; that agency will be undertaking more R&D projects in the GBA, cooperate with local universities and research institutes, attract and cultivate I&T talent, and expand its R&D resources in the GBA. In addition, ASTRI is looking to attract students from renowned universities overseas to take part in its internship programme and start their careers at ASTRI.

ASTRI’s CEO stated that the agency has an excellent R&D team who have mastered cutting-edge technologies in various fields. Moreover, they are looking to further leverage the advantages of the GBA, which include its rich resources and its huge market for technology applications, as well as input from R&D professionals from the mainland and the rest of the world.

These are advantages that will enable ASTRI to make more I&T breakthroughs and have an even greater social impact while supporting the 14th Five-Year Plan and contributing to the development of Hong Kong and the country, he said.

Since taking up the post in October last year, ASTRI’s CEO has worked closely with his team to formulate plans and commence preparation work for expanding ASTRI’s I&T footprint in the GBA. The new development strategies include:

  • Expanding activities in the mainland
    ASTRI will expand its activities in the mainland and is considering establishing a presence in the Shenzhen Branch of the Hong Kong Science Park in Futian and the Lok Ma Chau Loop, as a way of strengthening its collaboration with the ecosystem stakeholders and industry partners.
  • Cooperating with local universities
    ASTRI will seek to cooperate with key universities in the GBA, as well as with the mainland campuses and research institutes of Hong Kong universities in the area.
    ASTRI is currently negotiating with the School of Microelectronics of the Southern University of Science and Technology in Shenzhen on establishing a joint laboratory. The lab, which should be established in the next few months, will research leading technologies such as advanced semiconductors, 5G communications, and intelligent manufacturing.
  • Developing R&D projects
    ASTRI will develop more R&D projects in the GBA to boost technology transfer through Government-Industry-University-Research cooperation. In the first stage, priority will be given to R&D projects in integrated circuits and communications technology, and subsequently to projects in IoT and Sensors, FinTech, artificial intelligence and big data.
  • Expanding R&D resources
    ASTRI will apply for R&D funding available to applicants from the mainland, Hong Kong and Macau that is offered by the state or by provincial and municipal governments, as well as for funding available in the GBA area (e.g., the research matching grant scheme provided by the Futian government). ASTRI will also continue to strengthen its collaborations with enterprise clients to expand its R&D resources.
  • Attracting and cultivating talent
    To expand its mainland team, ASTRI will conduct recruitment in the mainland and offer Hong Kong-based employees the opportunity to transfer to its mainland headquarters. Meanwhile, to nurture international-quality talent, ASTRI will engage postgraduate students in the GBA to participate in R&D by cooperating with universities and research institutes in the area.

ASTRI is also approaching several world-renowned universities to promote job opportunities at ASTRI to their students. These opportunities include ASTRI’s Summer Internship Programme for undergraduates, its newly launched Fintech Future Leaders Academy internship programme, and job positions for bachelor’s, master’s and doctoral degree graduates.

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