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CityU has recorded its highest ever income from licensing, making some HK$19m for the academic year 2011–12, a threefold increase on 2010–11.
CityU is planning to acquire a 6,000-square metre site in the Shenzhen Virtual University Science Park to establish the Shenzhen Outpost—a permanent base for the University’s applied research, incubation and teaching activities on the mainland.