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CityU scores first place in the number and level of grant awards in the “Electrical and Electronic Engineering”and “Mathematics”disciplines in the 2004-05 Competitive Earmarked Research Grants exercise.
Four grants of over HK$1 million each were awarded to CityU in the latest round of Research Grants Council (RGC) applications. Three projects are related to linguistics and language information sciences, while the fourth is about marine biology.
City University of Hong Kong researchers who compile the Hong Kong Consumer Satisfaction Index (HKCSI) reported the overall satisfaction level of local consumers dropped to a record low last year. They also identified a correlation between unemployment and the satisfaction index-the higher the unemployment, the lower the index. The HKCSI 2002 was released on 11 February.
It is a common misrepresentation that globalization means international markets will converge to form common paradigms and practices, said Professor Anthony Cheung of City University's Department of Public and Social Administration. Countries are more likely to re-interpret global models of economics to reflect trends and beliefs embedded within an individual society, he believes.
Hong Kong consumers were less happy this year, with the Hong Kong Consumer Satisfaction Index shrinking to 66 in 2001, a 2.2 % drop over last year, CityU's Department of Management Sciences announced this week.
City University of Hong Kong advocates applied research and emphasizes the transfer of knowledge and technology to industry and commerce because of their benefit to the community. To encourage applied research and to recognize those who excel in this area, City University has run the Applied Research Excellence Awards Competition since 1995.
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.
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.
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.

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