China issues guideline to finance intl. sci-tech innovation centers

China Global Television Network (CGTN) - Oct 20, 2026

China issues guideline to finance intl. sci-tech innovation centers

Read full article

More News

Hong Kong’s third medical school denies poaching veteran HKU professor

Hong Kong’s third medical school has dismissed allegations of talent poaching after recruiting a veteran haematologist with nearly three decades of service at the University of Hong Kong (HKU). On Wednesday, Professor Anskar Leung Yu-hung met the press at the Hong Kong University of Science and Technology (HKUST) in his capacity as the new medical school’s senior associate dean of medicine. “The opportunity to be part of a team to [build] a new medical school from ground zero, with a new...

Hong Kong’s third medical school denies poaching veteran HKU professor

Hong Kong exports jump nearly 65% in September, highest growth in over 40 years

Hong Kong’s exports jumped by 64.9 per cent year on year in September, the highest growth in more than 40 years, with artificial intelligence-related (AI) products further fuelling the momentum of recent months. Provisional figures released by the Census and Statistics Department on Wednesday showed the total value of exports rose to HK$762.6 billion (US$97.8 billion) last month, after a 53 per cent surge in August. A government spokesman said September marked the 20th consecutive month of...

Hong Kong exports jump nearly 65% in September, highest growth in over 40 years

Hong Kong luxury expo to connect brands with ‘high-spending travellers’

Private jets, fine jewellery, watches, superyachts and luxury property will feature in a new Hong Kong exhibition offering business opportunities to “brands, yacht owners and connoisseurs”, according to the organiser. The inaugural Festival of Connoisseurs, set to take place between November 4 and 6, is the first exhibition of its kind to secure government funding for large-scale international exhibitions, organiser Informa Markets said on Wednesday. Ryan Hui, deputy event director of the...

Hong Kong luxury expo to connect brands with ‘high-spending travellers’

Deliver accountability for Tai Po fire tragedy or admit system is broken

One word will hang over the Hong Kong community in the run-up to next month’s anniversary of the dreadful Tai Po fire that took 168 of our fellow citizens’ lives: accountability. By the time we mark the occasion, we will know if we still have a system based on ministers taking political responsibility for failures in their policy areas or whether we must revise our constitutional arrangements. The fire at Wang Fuk Court, which broke out on November 26 last year, traumatised the whole population...

Deliver accountability for Tai Po fire tragedy or admit system is broken

Hongkong Post reports record HK$905 million deficit in ninth year of losses

Hong Kong’s government-owned postal service reported a record operating deficit of HK$905 million (US$115 million) in 2025-26, its ninth straight annual loss. In its annual report published on Wednesday, Hongkong Post said the past year showed its “resilience and adaptability” despite a volatile economic environment and an escalating geopolitical situation. “The emergence of protectionism, tightening customs policies in various places, increasing terminal dues and rising operating costs posed...

Hongkong Post reports record HK$905 million deficit in ninth year of losses

US Silver Star Medal reissued to late S. Korean veteran of Korean War

A late South Korean veteran who was awarded the U.S. Silver Star Medal for his role in a Korean War battle in 1952 has recently been reissued the medal posthumously after it went missing decades ago, officials said Wednesday. Late Army Staff Sgt. Nam Woon-soo was given the U.S. honor, as well as the Chungmu Order of Military Merit from the South Korean government, in 1953 for playing a key role in the Battle of White Horse Hill in what is the current border town of Cheorwon, some 80 kilometers northeast of Seoul. During the battle, Nam crawled his way up to the entrance of the enemy's position and destroyed it, making a decisive contribution to neutralizing enemy firepower. It was one of the Korean War's most fiercely fought battles between the U.S.-backed South Korean forces and the communist troops from China. After the medal went missing somehow, Nam had expressed frustration and regret before his death in 1997. His bereaved family later asked the South Korean government to reissue the medal, but the request was denied on grounds that it was issued by the U.S. government. In February t

US Silver Star Medal reissued to late S. Korean veteran of Korean War

Presidential office to hold emergency meeting over financial-sector hacking attacks

The presidential office was set to hold an emergency meeting Wednesday to discuss responses after hacking attacks on multiple financial firms led to customer data breaches. Song Ki-ho, vice chief of Cheong Wa Dae's National Security Office, will preside over the meeting, which will be attended by officials from the Financial Services Commission, the presidential office said. Mirae Asset Global Investments, crypto exchange Bithumb and Daishin Securities all reported data breaches involving customers earlier Wednesday following separate recent hacking attacks. The emergency meeting is expected to discuss the full extent of the damage from the cyberattacks and measures to prevent further damage.

Presidential office to hold emergency meeting over financial-sector hacking attacks

PPP slams defense minister over remarks on trusting US forces in event of war with N. Korea

The main opposition People Power Party (PPP) on Wednesday accused Defense Minister Kang Shin-chul of undermining the South Korea-U.S. alliance over his remarks about trusting the U.S. military in the event of a war with North Korea. Kang came under fire during a parliamentary audit Monday when he questioned whether South Korea can "really trust the U.S. military" if a war broke out with North Korea, while responding to an opposition lawmaker's concerns over Seoul's push to retake wartime operational control (OPCON) from Washington. "The defense minister's remarks are undermining the trust in the 73-year-old alliance," PPP chief spokesperson Park Choong-kwon said in a commentary. Rep. Park criticized Kang for pushing ahead with the OPCON transfer despite not having held any talks with U.S. Defense Secretary Pete Hegseth since taking office last month. He urged President Lee Jae Myung to immediately dismiss Kang, saying he is no longer qualified to serve as defense minister. Other lawmakers also denounced Kang's remarks, questioning his views on national security. "Is it not because the defe

PPP slams defense minister over remarks on trusting US forces in event of war with N. Korea

PM pledges Korea will take lead in climate crisis response

Korea will be at the forefront of efforts to combat climate change, Prime Minister Han Seong-sook said Wednesday as she opened an international conference on climate crisis. "There is a saying that this summer has been the hottest one yet, but it will be the coolest summer we will ever experience," Han said in an opening address at the Global Cooperation Conference on Climate Crisis Response. "Climate crisis is no longer a warning for the future but has become a disaster that threatens our lives today." She outlined measures that Korea has taken against climate change, including the Korea Green Transformation (K-GX) strategy, which seeks sustainable growth and climate crisis response at the same time, and a series of efforts to help industries transition away from carbon emissions. "It has been more than 10 years since the Paris Agreement. It is time to produce specific outcomes," Han said, referring to the agreement adopted in 2015 with the goal of limiting global warming to well below 2 degrees Celsius above pre-industrial levels. "If each nation's climate policy is going to lead to ta

PM pledges Korea will take lead in climate crisis response

Ex-justice minister, special counsel appeal martial law-related ruling

Former Justice Minister Park Sung-jae and special counsel Cho Eun-suk have both appealed to the Supreme Court, challenging an appellate court ruling that reduced Park's prison sentence from 25 years to nine years over his role in former President Yoon Suk Yeol's martial law declaration, judicial officials said Wednesday. Park and Cho's team filed their appeals with the Seoul High Court on Tuesday, the officials said. Park was indicted on charges of playing a key role in Yoon's martial law imposition on Dec. 3, 2024, and participating in an alleged insurrection. The charges included ordering the possible dispatch of prosecutors to a martial law-related organ, putting Korea Immigration Service (KIS) officials in charge of travel bans on standby and directing the Korea Correctional Service (KCS) to assess detention centers' available capacity. The Seoul Central District Court sentenced Park to 25 years in prison after finding him guilty of all charges brought by Cho. But the Seoul High Court last week reduced his prison sentence to nine years, acquitting him of charges related to the KIS an

Ex-justice minister, special counsel appeal martial law-related ruling

Births up 13% in August to highest in 7 years

The number of babies born in Korea shot up 13 percent in August from a year earlier, marking the 26th consecutive month of increase, government data showed Wednesday. A total of 23,703 babies were born in August, up from 20,983 a year earlier, according to the Ministry of Data and Statistics. It marked the highest figure for any August since the 24,371 posted in 2019. The country's total fertility rate, the average number of children a woman is expected to have in her lifetime, rose 0.09 from a year earlier to 0.87 in August. The rate remains well below the 2.1 births per woman needed to maintain a stable population without immigration. The number of births has maintained an upward trajectory since July 2024. Over the January-August period, 193,783 babies were born, up 14.5 percent from a year earlier. It was also the highest figure for the period since 2019. The recent rebound came amid a growing number of marriages, an increase in the population in their 30s and more positive attitudes toward having children. The number of marriages in August fell 1.2 percent from a year earlier to 19,21

Births up 13% in August to highest in 7 years

Regulatory standoff delays debut of Seoul's 1st modern streetcar line

The launch of Korea's first modern streetcar network has encountered a temporary regulatory roadblock, forcing city officials to push back the line's planned December debut as local authorities work to finalize safety protocols along shared pedestrian and roadway corridors. The Seoul Metropolitan Government said Wednesday that full commercial operation of the Wirye Line tram — a 5.4-kilometer wireless streetcar project — will be postponed into next year. Although physical construction is 97 percent complete, the delay stems from protracted disputes among government agencies over traffic safety infrastructure and regulatory jurisdiction. Spanning 12 stations, the 350.3 billion won ($253 million) transit project connects Macheon Station on Seoul Subway Line 5 with Bokjeong Station and Namwirye Station on Line 8 and the Suin-Bundang Line. The line represents a major milestone for urban transit in Korea, marking the return of streetcars to the capital for the first time since the city decommissioned its original tram network in 1968. It is also the nation’s first transit line to deplo

Regulatory standoff delays debut of Seoul's 1st modern streetcar line

Recommended