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CityU and the US Congress were linked this week through video conferencing facilities as the University played host to the first American Studies Institute in Asia (ASIA) seminar.
Research proposals led by two CityU scientists won HK$5.6 million, one-third of the total amount allocated to local universities in the 2001-2002 Research Grants Council Central Allocation Grants. Professor Michael Hung, Acting Head and Chair Professor in the Department of Manufacturing Engineering and Engineering Management and Chair Professor in the Department of Building and Construction, received HK$4 million for research into a non-destructive building inspection technique.
CityU researchers have unveiled the results of a series of projects that will dramatically improve the biomedical properties of blood contacting materials used in artificial implants for people with cardiovascular conditions.
CityU raised its standing among local tertiary institutions in this year ' s Competitive Earmarked Research Grants (CERG) applications, increasing its funding to HK$56.8 million, a 4.4% increase over last year ' s results of HK$54.4 million.
CityU's Enterprise Knowledge Integration and Transfer (E-KIT) Laboratory in the Department of Manufacturing Engineering and Engineering Management is also making a significant contribution to strengthening Hong Kong's role as a logistics hub.
In his 2001 Policy Address, Hong Kong's Chief Executive, Mr Tung Chee-hwa, announced the Logistics Hong Kong initiative, which aims to strengthen Hong Kong's status as the preferred regional and international logistics hub, linking the China's mainland with the rest of the world.
Acertain Fred Smith received little encouragement at university. His brainchild, which eventually revolutionized the delivery of packages and information, began life as a final year project at Yale University. Mr Smith, FedEx founder and CEO, received a C for that project. His ideas were considered logistically unfeasible.
In addition to basic research, CityU is also committed to promoting applied R&D and commercializing research products. CityU is, in fact, the first university in Hong Kong to successfully incubate a technology company.
In his 2001-2002 budget speech, the Financial Secretary said it is imperative that Hong Kong "continue to enhance our corporate governance" as an international financial centre, even though this standard is among the highest in the region.
Hong Kong has never been short of indices, particularly in the economic and business arena. We have, for example, the Hang Seng Index to gauge the volatility of its stock market. CityU's Department of Management Sciences, in co-operation with Centaline Property Agency Ltd, produces the Centaline Index to record the ups and downs of the local residential property market.