In the beginning, Prof. Robert LI (Associate Dean, College of Science and Engineering) gave a welcoming speech and appreciated the awardees contribution to CityU. (Prof. Li taught me in Polymer Science when I studied in Applied Physic in 1992.)
Prof. TSUI Kwok Leung (Head, SEEM Dept., CityU) gave an opening speech and he also appreciated awardees’ contribution and collaboration between industry and university.
Then Dr. CHIN KS (Assistant Head, SEEM Dept., CityU) introduced the profile of Dr. Peter Ho Ka-nam the 3rd Distinguished Alumni Awardee in CityU. Dr. Peter Ho is Managing Director, Techworld Industries Ltd. He received MSc Engineering Management and EngD (Engineering Management) in 2007 and 2012, respectively. He serves as Founding Chairman of CityU Eminence Society, Director of CityU Research Limtied, Patron of CityU Business and Industrial Club (CUBIC). In order to recognize Dr. Ho’s staunch support to CityU, Lecture Theatre Ten and Twelve of CityU were named after him and his parents to “Peter Ho Lecture Theatre” and “Mr & Mrs Ho Chun Hung Lecture Theatre” respectively. (The 2nd Distinguished Alumni Awardee in SEEM Dept was Dr. Raymond Leung Siu-hong that Dr. CHIN KS had also mentioned but he was not free to attend the event tonight.) (Details in reference)
Then Dr. Peter HO (CityU Distinguished Alumni) gave a speech to us. Dr. Ho briefed his business since 1960 and he said the venue was very good because the background was Lion Rock. (It implied the Hong Kong Lion Rock spirit.) Then Dr. Ho shared that New Innovation Product was key success of company. The company failed because of lacking qualified engineer. He observed many students focused on Finance but not Engineering course. He added the new product development required talents who had knowledge mixture of mechanical design, electronic, software, and outlook design, etc.
It was honor that Dr. LO Wai Kwok (Chairman, SEEM Departmental Advisory Committee) to be our guest for Industrial Sharing on the topic entitled “How Do Universities, Private Industry and Government Work Together to Promote Hong Kong’s Competitive Edge?”.
In the beginning, Dr. Lo asked “what is Hong Kong’s competitive edge?” “5I’s” are Competitive Advantages included “Integration”, “Information”, “Integrity”, “International” and “Innovation”. Then he mentioned Financial Secretary announced the Budget 2014-15 with competitiveness as its main theme. The solution was to diversify Hong Kong economic development. He quoted the working group on Long-Term Fiscal Planning and analyzed the economic growth which expected to settle at a slower pace to 2.5% after 2025. Moreover, labour force would decline after 2018 (Peak Labour Force up to 3713k) and stabilized in the 2030s (Labour Force down to 3522k).
In order to have health economic, three elements should be in balance and they were “Economic Growth”, “Revenue” and “Expenditure”. That is to “Keep the expenditure within the limits of revenue…strive to achieve a fiscal balance, avoid deficits and keep the budget commensurate with the growth rate of its gross domestic product”. The following diagram showed economic growth bound to go lower as the economy became more mature except Singapore. It might because Singapore invested capital for stimulating economic growth and importing labors.
The CE announced the re-initiation of the ITB in 2014 Policy Address that “Innovation and Technology are drivers for economic growth and the key to enhance competitiveness of our industries.” Dr. Lo stated the proportion of local R&D investment only about 0.7% of the GDP which much lower than 3.7% in Korea and 2.3% in Singapore. Several suggestions were raised by Dr. Lo to the Government which was shown in the following diagram.
Finally, Dr. Lo hoped an encouragement for cooperation among the Government, industry, academia and research sectors included:
- Consolidate the pillar industries
- Foster the emerging industries
- Reinvigorate traditional industries
- Our economy can develop in the direction of diversification and high value-added
Before the end, Dr. Lo answered who was the winner of the 21st Century. They were Engineer with Business Sense and Businessmen with Engineering Sense.
The second speaker for Industrial Sharing was Prof. Alain BENSOUSSAN (Chair Professor, SEEM Dept., CityU). He explained Innovation which was doing things different rather than only doing things better. Then he compared Hong Kong and Switzerland. Both had similar population, similar economy in financial and tourism industry, connected with mainland China or Europe, etc. At the end, Prof. Bensoussan said “Innovation is anywhere”.
Presentation of Souvenirs
Dr. Lo presented a souvenir to Dr. Peter Ho.
Dr. Lo presented a souvenir to Dr. Raymond Leung (Since Dr. Leung is not available, his colleagues Dr. CY Chau for him received the souvenir.)
Dr. Tsui presented a souvenir to our guest speaker Dr. Lo.
Group photo of awardee and speakers
Group photo of all participants
Before SEEM Industrial Forum, we had visited the new laboratory in SEEM in Academic Building 3. The following photos were shown different laboratories.
Active Infrared Thermography for Detecting Sub-Surface Cracks
Health System Engineering and Health Informatics
Tracking and Discrete Dual Task Performance with Different Auditory Spatial Stimulus-Response Mappings
SEEM Dept., CityU - http://www.cityu.edu.hk/seem/
CityU Eminence Society - http://www.cityues.org/
CityU EngD Society - http://www.engd.org/home.aspx
Dr. Peter Ho Ka-nam profile - http://www.cityu.edu.hk/aro/daa/profile_peter.pdf
Dr. Raymond Leung Siu-hong profile - http://www.cityu.edu.hk/aro/2011daa/profile3.jpg