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A survey by CityU shows that consumer sentiment towards economic development in mainland China, Macau, Hong Kong and Taiwan has improved for three consecutive quarters, reaching a record high in 2009.
If a group of management sciences professors at City University have their way, the Centa-City Index, a winner of CityU's prestigious Applied Research Excellence Awards in 2001, may become as widely accepted and creditable as the Hang Seng Index in measuring the territory's economic health.
An audience of more than 120 turned up on 19 September to honour the winners of CityU's Third Applied Research Excellence Awards, organized by the Industrial and Business Development Office.