SOURCE / ECONOMY By Global Times Published: Jul 05, 2021 11:38 AM Aerial photo taken on June 27, 2017 shows the scenery on the both sides of the Victoria Harbor in Hong Kong, south China.(Photo: Xinhua) The Hong Kong SAR government has increased the funding for a subsidy scheme to encourage early 5G development, with the funding increased from HK$50 million ($6.44 million) to HK$100 million, according to a post on the official website of the Hong Kong SAR government on Sunday. According to the post, a total of 100 additional projects are set to receive grants with the funding doubled, and the application deadline has been extended to July 31, 2022.