A cooperation agreement between the Hong Kong University of Science and Technology (HKUST) and China Merchants Group is set to bring exciting new learning and career development opportunities to HKUST students. Under the agreement, China Merchants Group will offer undergraduate internships and job openings, while the launch of the China Merchants Scholarship Program, totaling $500,000, will enable outstanding undergraduates to undertake overseas exchanges. Also included in the agreement is a tailor-made HKUST executive education program to assist China Merchants Group management in navigating the global business arena.
Prof Tony F Chan, President of HKUST, expressed his gratitude to China Merchants Group for its generous support and donation. As a world-class university, HKUST is dedicated to fostering an international and inspirational education and research environment, and to working closely with companies and industry to provide students with an all-round learning experience that prepares them to fully contribute to society on graduation, President Chan said. The in-depth cooperation between HKUST and China Merchants Group will offer valuable insights. On top of providing students with valuable hands-on business experience through internships, it also nurtures global vision by sponsoring outstanding students to go on overseas exchanges, he noted.
A post-doctoral platform will be set up by both parties to provide development opportunities for doctoral graduates. HKUST Business School will run a customized executive education program for China Merchants Group.
Dr Fu Yuning, Chairman of China Merchants Group, said, "As the first of China's national businesses and the country's only 100-year national enterprise, China Merchants Group has been a believer in and great supporter of education for a long time. The strategic cooperation agreement with HKUST seeks to marry the strengths of both parties, to leverage synergies, and create a win-win situation."
About the China Merchants Group
China Merchants Group is a state-owned conglomerate based in Hong Kong, under direct supervision of State-owned Assets Supervision and Administration Commission of the State Council. The company currently has three main business sectors of transportation and related infrastructure (ports, toll roads, energy transportation and logistics); financial investment and management; property development and management. It has been recognized as Level-A SOE for nine consecutive years from 2004 to 2012. And its total profits ranks No. 10 among all the SOEs in 2012.
About the Hong Kong University of Science and Technology
The Hong Kong University of Science and Technology (HKUST) (www.ust.hk) is a world-class international research university excelling in science, technology and business as well as humanities and social science. Internationally renowned for its academic rigor and accomplishments, the University promotes interdisciplinary studies and provides holistic education, nurturing well-rounded graduates with a strong entrepreneurial spirit, innovative thinking and relevant skills to thrive in a knowledge economy. As an international university with strong ties to global thought leaders, HKUST has wide-ranging connections with Mainland China while aspiring to be a global premier knowledge hub and a center of research breakthroughs. HKUST was ranked Asia's number one by QS Asian University Rankings for the third straight year since 2011. It tops the world's under-50 universities in 2013. The Kellogg-HKUST Executive MBA (EMBA) program, for the fourth straight year, topped the Financial Times EMBA global rankings.
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