The government will inject HK billion into the Research Endowment Fund to provide scholarships for local students, according to this year's budget.
The government has vowed to put stable employment in a more prominent position and continue to prioritize creating jobs and implementing a more proactive employment policy.
The freight planes were owned by Jade Cargo International, the first Chinese cargo carrier with foreign investment. The company was founded in 2004, but the joint venture later filed for bankruptcy.
The fresh move came as China encourages private companies to enter the country's space industry, which is expected to reach 800 billion yuan by 2020 in terms of market value.
The government investigating committee will now analyze the information in each device to determine the possible causes of the tragic accident that claimed the lives of all but one of the 113 people on board.
The gala was hosted by National Association of Chinese Americans with more than 300 people from China and US attending.
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The gadgets we use today to listen may have evolved from the clunky radios of yesteryear, when the first nationwide radio drama was broadcast in the 1950s, but the appeal remains. During its 1980s prime before the internet and other technologies took over, 500 new radio dramas were broadcast every year, created by voice actors on China National Radio and local radio stations.
The general manager expressed his confidence in the Chinese market despite the shadow of the coronavirus.
The future collaboration of the parties will expand to exploration of global resources, it said.
The government has also stepped up scrutiny to stem malpractice in the financial sector, as well as placing strict controls on the real estate market to curb speculation.