Agreements signed between KAUST and Chinese partners aim to maximize joint research and development capabilities to stimulate innovation and economic growth.
HONG KONG SAR – Media OutReach – 29 March 2023 – As a leading institute of research excellence in the Kingdom of Saudi Arabia, King Abdullah University of Science and Technology (KAUST) joined forces with leading business and academic institutes in Shenzhen, China to sign strategic agreements of cooperation that align strengths in research, development and innovation.
Photo captions [credits: KAUST] [LEFT] A delegation from King Abdullah University of Science and Technology met with representatives from the Southern University of Science and Technology, Schenzhen, China to initiative agreements centered on research exchange. [CENTRE] A KAUST delegation meeting with business and academic leaders in Schenzhen, China, enjoyed a guided tour at Shenzhen Innox Academy, where they signed agreements centered on tech innovation, transfer and talent exchange. [RIGHT] At a KAUST alumni event in Shenzhen, China, President Tony Chan (middle) speaks with (left to right) Yanlong Tai, a professor at Shenzhen Institute of Advanced Technology; Jian Pan (second from left), president of the KAUST China Alumni Chapter; and Caigui Jiang, a professor at Xi’an Jiaotong University. The alumni reunion was part of a larger mission to Schenzhen, China with KAUST delegates and Schenzhen business and academic leaders focused on research exchange and tech innovation.
Shenzhen, the third largest city in China, is dubbed the “Silicon Valley of China” for being a major global technology, manufacturing and research hub with many important institutions headquartered there. KAUST President Dr. Tony Chan and a delegation of 10 university representatives met with diverse leaders there to create partnerships that will accelerate knowledge exchange and the commercialization of impactful technologies into innovative, market-ready products that can address global challenges.
KAUST’s assets include its globally recognized faculty andstudent subject experts; world-class facilities, including the Core Labs and Shaheen III supercomputer — to be the most powerful supercomputer in the Middle East; advanced training and specialized equipment; and network of partnerships with Saudi industries, ministries and academic entities in fields such as telecommunications, semiconducting, energy and environmental engineering, artificial intelligence, materials design, computer science and bioscience, to name a few.
“Why did we visit Shenzhen?” asked KAUST President Tony Chan. “Shenzhen was a fishing village that has since emerged with a GDP exceeding Seoul, South Korea in just a short four decades. This evolution was made possible by building the world’s most effective and efficient innovation ecosystem. Our visit gave us much insight on how Shenzhen achieved this miracle.”
Cheng Buyi and Zheng Hongbo, members of the Standing Committee of the Municipal Party Committee who met with President Chan to discuss the cooperative exchange, said that KAUST and Shenzhen have achieved rapid development in the fields of education, technology, and talents, and there is broad space for cooperation. They will continue to consolidate and expand exchanges and cooperation in scientific and technological research, innovation and entrepreneurship, and talent training, and other areas of mutual development.
“In the coming days, we hope to identify mechanisms and platforms to help accelerate innovation at KAUST up to ‘Shenzhen speed’,” Chan added.
The Shenzhen agreements build on another example of thriving Saudi-China exchange as reflected in the growing demographic of Chinese academics at KAUST. Approximately 20% of KAUST’s students, 34% of its postdoctoral researchers, and 9% of its distinguished faculty are from mainland China, with the China alumni group being the biggest and most engaged of all chapters. President Chan met with some 130 China alumni attendees at a special dinner event as part of the larger Schenzhen visit. These research relations are poised to increase as a result of the Shenzhen agreements, and, in turn, will help drive the growth and engagement of Saudi Arabia with China.
The issuer is solely responsible for the content of this announcement.
Established in 2009, King Abdullah University of Science and Technology (KAUST) is a graduate research university devoted to finding solutions for some of the most pressing scientific and technological challenges in the world as well as Saudi Arabia in the areas of food and health, water, energy, environment and the digital domain. KAUST is a curiosity-driven, interdisciplinary problem-solving environment, with state-of-the-art labs, distinguished faculty and talented students.
KAUST brings together the best minds from around the world to advance research. More than 120 different nationalities live, work and study on campus. KAUST is also a catalyst for innovation, economic development and social prosperity, with research resulting in novel patents and products, enterprising startups, regional and global initiatives, and collaboration with other academic institutions, industries and Saudi agencies.
MGBF is hosting a networking session with Romania's global analyst, Radu Magdin, in Kuala Lumpur. Join the discussion on strategic shifts and conflict flash points that impact Malaysia’s international facing business.
Expanding on the Malaysian government's efforts to promote the country as a trade and investment destination of choice, MGBF will engage with the many industry leaders who announced multi-billion dollar commitments.
Special session: Cyberwarfare Waged on the Corporate Sector - Lessons from the Russia-Ukraine Crisis. Corporations are in a digital arms race that many don't realise. How does this relate to your organisation?
The classic knee-jerk reaction is to say, fire the coach, change the leadership of associations, and reduce the funding till they start performing better. This kind of negative reinforcement may work for kindergarten children, but we are dealing with high-performance adults – individuals much further along in their psychological and […]
Since its earliest tea plantations in 1929, Cameron Highlands has grown to become a key player in the agricultural landscape of Malaysia, producing 40 per cent of all vegetables grown. Despite Malaysia shifting its economic focus away from agriculture, the industry remains imperative for food security and the livelihoods of […]
Although at first glance the travel industry and the agricultural sector appear to have nothing in common, they actually share more than meets the eye. The economic benefits of tourism to the agricultural sector can be multiplied several times over. “Tourism brings the end consumers closer to the source, which […]
The Malaysia Global Business Forum (MGBF) recently held a high-level roundtable themed ‘Designing the Future of the Digital Economy’, attended by industry leaders and business associations. The guest of honour was Yang Berhormat Syerleena Abdul Rashid, the Member of Parliament (MP) for Bukit Bendera in Penang. The MP’s Special Session […]
The Malaysia Global Business Forum (MGBF) will be hosting a roundtable on ‘Designing the Future of the Digital Economy’ on 23 February 2023. It is the culmination of the first three MGBF Exclusive Roundtable Series titled ‘The Evolving Threat Matrix in the Digital Economy’ held throughout 2022. According to the […]
The Founding Chairman of the Malaysia Global Business Forum (MGBF), Nordin Abdullah, today spoke on Bernama TV’s leading English talk show, The Brief, hosted by Jessy Chahal, on the topic of a stable political reality and what that means for the Malaysian economy. Nordin said, “The first thing that it […]
More than 1,100 years ago, Muhammad ibn Musa al-Khwarizmi was developing the mathematical formulas that we know today as algorithms which now have become so intertwined with the business fortunes of global media giants and the very fabric of geopolitics. A series of recent high level international reports have revealed […]
KSK Land has been recognised by the Malaysia Global Business Forum (MGBF) for its role in attracting high net-worth individuals to Malaysia post-pandemic. The first challenge in investor attraction is “selling” the country. In the context of Asia, Malaysia is competing with some very established investment destinations. The second […]
Malaysia, in particular Kuala Lumpur, continues to position itself as a regional centre to do business, educate a family and enjoy a global lifestyle. One company, KSK Land, has taken the lead in positioning itself and the city of Kuala Lumpur as a property investment destination for the global citizen […]
The upcoming budget represents an opportunity to build resilience in the critical sectors that will form the backbone of the country’s future-facing economic ambitions. This however needs to be achieved in the context of managing the community sectors most impacted by COVID-19 over the past two years. The Keluarga Malaysia (Malaysian Family) […]
Malaysia Global Business Forum (MGBF) has moved to support the creative economy as the overall economy moves into a recovery phase following the COVID19 pandemic. As a step in the direction of normalcy, the MGBF has agreed to host the art exhibition “I Know You’re Somewhere So Far” by one […]
Congratulations to Datuk Seri Ismail Sabri Yaakob for taking up the mantle of the ninth prime minister of Malaysia. There is nothing normal about the situation; it could not have been scripted but it has kept the spectrum of media, mainstream and social, gripped. The first order of business for […]
In a stirring speech to the nation, President Joseph R. Biden, Jr. stamped his brand of leadership on the presidency, in his first act as the 46th president of the United State of America, it signaled several shifts. Perhaps the weather was foreboding with snow falling before the ceremony that […]
KUALA LUMPUR, 6 July 2022 – As the global economy continues to deal with unprecedented levels of disruption caused by the pandemic and the conflict between Russia and Ukraine, the convergence of energy security and food security issues has become a front-of-mind issue faced by policy makers and consumers alike. […]
KUALA LUMPUR, 23 June 2022 — Malaysia Global Business Forum (MGBF) ties up with scoutAsia to ensure that businesses are equipped with deeper regional insights. The past two years has seen a massive shift in the way businesses are conducted with digitisation, digitalisation and automation continuously being adopted to improve […]
KUALA LUMPUR, 25 May 2022 – The Malaysia Global Business Forum (MGBF)’s exclusive roundtable on ‘Security Concerns in Critical Value Chains’ was held in a hybrid setting yesterday at the Eastin Hotel Kuala Lumpur. The guest of honour was Yang Berbahagia Tan Sri Dato’ Seri Rafidah Aziz, former minister of […]
We live in the age of crisis. At the heart of any crisis is the threat of rapid change. Change too deep or too wide that the current coping mechanisms for an individual, corporation or government are unable to remain resilient. An unwelcome paradigm shift, like the proverbial spider, that […]
The Malaysia Global Business Forum (MGBF) has released a report following the roundtable on ‘Digital Resilience in the Corporate Sector’, which was recently held in Kuala Lumpur. In attendance as guest of honour was Deputy Minister of Communications and Multimedia, Datuk Zahidi Zainul Abidin. The report recommended several critical development […]
Trade and investment delegations will trickle back over the next few months, but the second half of the year should see considerable return of business travellers. It was learnt that over 50 per cent of international business chambers and industry associations surveyed will consider sending exploratory teams to Malaysia during […]