Top universities from all over the world are contemplating collaborations with analysis and training establishments in Hong Kong and the remainder of the Greater Bay Area, with a powerful give attention to the promotion of innovation and expertise (I&T) expertise.

Tony Chan Fan-cheong, president of Saudi Arabia’s King Abdullah University of Science and Technology (KAUST), stated on Wednesday his college had arrange an innovation centre in Shenzhen a couple of months in the past as a part of the “strategic plan of KAUST”.

“The idea is to bring the KAUST people of Saudi Arabia to Shenzhen to learn about the ecosystem – you cannot teach this on paper, you have to go there,” he stated. “And hopefully they will bring something back to grow the ecosystem.”

Fang Jianming, the deputy commissioner of the Office of the Commissioner of the Ministry of Foreign Affairs in Hong Kong, speaks at a serious I&T summit in Hong Kong. Photo: Sun Yeung
Chan, a former president of the Hong Kong University of Science and Technology, stated the choice was well-received and KAUST had constructed partnerships with a number of establishments, together with Shenzhen’s Tsing Hua University analysis institute and graduate college.

“In the next 10 years, where will be the major centres for science and technology?” he requested. “US and China. We are in the Middle East or West Asia, and we’ve got to hedge our bets, we’ve got to be invested.”

Chan added that many Saudis may converse fluent Chinese and highlighted that the nation’s excessive colleges have been required to show two hours of Chinese per week.

He was talking as college presidents on Wednesday gathered for the second Global Innovation and Technology Summit in Hong Kong on Wednesday, organised by the Greater Bay Area Association of Academicians.

The occasion on the Hong Kong Science Park in Pak Shek Kok introduced collectively dozens of senior authorities officers and lecturers from Hong Kong, mainland China and abroad to debate tips on how to increase I&T growth by increased training.

The Greater Bay Area is Beijing’s plan to combine Hong Kong, Macau and 9 mainland cities into an financial powerhouse.

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Tan Eng Chye, the president of the National University of Singapore, stated his establishment had began to ship college students to Silicon Valley and different innovation hotspots all over the world for internships in 2002 to extend the publicity of its college students to entrepreneurship.

“When you talk about research and innovation, industry has to come in,” he stated.

The college has additionally despatched college students to the mainland, together with Shanghai, Beijing and Shenzhen, with Guangzhou to be added to the listing of about 20 locations to extend their publicity to the bay space.

Tan added about 4,000 college students who had gone by the programme had graduated within the final 20 years.

He stated that they had based greater than 1,100 firms and two of them had change into unicorns – privately owned start-ups valued at greater than US$1 billion.

“We have a very structured collaboration with industry to train our students and graduates, and they come back and build an ecosystem within Singapore,” Tan added.

Fang Jianming, the deputy commissioner of the Office of the Commissioner of the Ministry of Foreign Affairs in Hong Kong used the summit to spotlight Chinese President Xi Jinping’s emphasis on “new quality productive forces”.

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The phrase means productiveness led by technological innovation designed to interrupt away from conventional modes of financial progress, a key focus of final month’s “two sessions” assembly of the nation’s prime political advisory physique and legislature.

“The economy counts on technology, the technology counts on talent and talent counts on education,” Fang stated. “Amid the fierce competition for talent worldwide, Hong Kong should increase its attractiveness with even more preferential policies, a more solid foundation in the industry and a more diverse platform for innovation.”

Secretary for Innovation, Technology, and Industry Sun Dong underlined the town’s dedication to broaden its I&T expertise pool, seen as essential to the town’s growth into a global hub for the sector.

Sun stated higher collaboration amongst authorities and the educational and analysis sectors was one of many key methods required to succeed in the purpose.

He additionally revealed that the analysis, educational, and business sectors one-plus scheme, launched final October to encourage the commercialisation of analysis, had final week authorized about 20 proposals out of 94 functions.

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