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The Secretary-General of the University Grants Committee (UGC), Mr Peter Cheung, delivered a talk on higher education review at a CityU Council Luncheon on 15 April. "Given today's financial situation and the need to keep Hong Kong internationally competitive, the status quo has to be changed," he said, in his explanation of the rationale behind the Sutherland Report on Higher Education in Hong Kong , commissioned by the UGC.
In response to a report alleging that CityU has misused public funding, published in the Oriental Daily News on 29 April, the University released a statement refuting the allegation that CityU has a deficit of $220 million as a result of overspending. The major points of the statement are:
In an agreement aimed at promoting academic exchange and research activities, CityU's Faculty of Humanities and Social Sciences (FHS), signed a memorandum of co-operation with the School of International Studies (SIS), Peking University, on 2 May. The agreement comprises terms on exchange of academics and research personnel, sharing of joint research results, and the financial responsibility involved. The memorandum will be valid for three years.