Chapter 7
Education
The inaugural Hong Kong Diploma of Secondary Education Examination in 2012 marks a significant step forward for the smooth implementation of the New Academic Structure. The broad and balanced
senior secondary curriculum allows students with different abilities, interests and aptitudes to give full play to their talents. The encouraging examination results have gained positive feedback internationally.
Supporting Hong Kong's Development as an International Education Hub
Development and Internationalisation of the Higher Education Sector
By continuing its efforts to internationalise and diversify the higher education sector, the Government aims to enhance Hong Kong's position as a regional education hub, nurturing talents to support the growth of the economy and enhance Hong Kong's competitiveness. Various internationalisation measures taken by the Government since 2008 (including doubling the non-local student quotas of the publicly-funded programmes, establishing scholarships for outstanding non-local students, and relaxing the immigration and employment requirements for non-local students) have begun to bear fruit. In the 2011-12 academic year, about 21,000 non-local students from more than 70 countries were studying at post-secondary education institutions in Hong Kong, and there were over 4,400 non-local exchange students at UGC- funded institutions in Hong Kong, and over 4,200 local students of UGC-funded institutions were on exchange studies abroad.
The sixth round of the Government's Matching Grant Scheme (MGS) makes $2.5 billion of Government grants available for matching from August 2012 to July 2014 in the post-secondary education sector to help institutions tap more funding sources, improve the quality of education and foster a philanthropic culture. The MGS has now been extended to cover all statutory and approved post-secondary institutions to further consolidate their development.
Reflecting the Government's support for research activities in the higher education institutions, about a quarter of the recurrent grants for institutions funded by the University Grants Committee (UGC) are for research work. Established with an original endowment of $18 billion, the Research Endowment Fund (REF) aims at providing a more stable source of competitive research funding for institutions. The Government has injected a further $5 billion into the REF,
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