Monday, 11 November 2013
Celebrating university’s China success
Over 80 representatives from business, government and higher education recently attended an event at Shanghai’s World Financial Centre to celebrate The University of Nottingham’s wide-ranging links with China.
The aim of the dinner was not only to celebrate the strong industry partnerships that the university enjoys in China but also to demonstrate the impact it has in both countries.
Last year, China spent approximately one trillion yuan ($160bn) in research and development and it is expected to overtake the US within a decade in total government and private-sector investment in R&D.
China is also a vitally important market for The University of Nottingham, which generates an estimated £80m in income a year from a combination of its campus in China, its Chinese students studying in the UK and its research work with Chinese businesses.
In 2004, The University of Nottingham became the first foreign University to establish a campus in China, in Ningbo, with the full support of the Chinese government.
The Ningbo campus started with 260 students, and now has 6,000 - due to rise to 8,000 by 2017.
It enabled The University of Nottingham to establish links with Chinese businesses, many of whom attended the event in Shanghai.
The University of Nottingham is also helping British companies address skills shortages in China.
The University of Nottingham’s Vice Chancellor, Professor David Greenaway, said: “As our Ningbo campus matures and our industrial partnerships grow in China, we are increasingly able to support UK and global businesses to do business with Chinese companies in skills development and knowledge exchange.”
Matthew Forbes, Acting Consul General in Shanghai, praised the close relationship between The University of Nottingham’s Ningbo Campus and UK government.
He said: “Education is one of the largest export industries in the UK, exporting £16bn annually at the moment and expected to grow to £26bn by 2025.
“The University of Nottingham is the best example of a UK university in China, not only in terms of education, but in developing partnerships with the government and industry.”