Bulletin Spring 1990

development, database and applications, computer graphics and data analysis, statistical methods and computing, multivariate methods and computing, vital statistics, macroeconomic theory and policy, economic development strategy and analysis, applied econometrics and forecasting, principles of organization and management, and management science. Teachers are experts from the University's science, social science, and business administration faculties. Courses are held 15 hours per week during weekday mornings. Tutorials and hands-on practice have been arranged for the afternoon hours. Professionals from the industrial and commercial sectors have been invited to give talks to the trainees. Seminars and workshops have also been organized. After the completion of course work in March 1990, arrangements have been made for each Fellow to join a public or private organization in Hong Kong for two weeks to two months for practical training. Training activities are in the form of short fact-finding visits, special studies under the guidance of an in-house expert, or an actual project performed for the host organization. Each Fellow will submit a written report based on such placement activities. It is hoped that these activities w i ll enable the Fellows to understand how Hong Kong operates as an international commercial and finance centre. In addition to formal training and application, the University has arranged outings and other recreational activities for the Fellows to provide them with the necessary relief in the training period. LOOK I NG AHEAD The Chinese University is the first local tertiary institution chosen by the United Nations to conduct a training programme of this nature. Given Hong Kong's strategic position in the Asia-Pacific region and The Chinese University's uniqueness in its bilingual and multicultural tradition, it is expected that more and more institutions from overseas will seek the University's assistance in organizing similar training and consultancy projects. The University will also benefit by being given the opportunity to strengthen its linkage with overseas institutions through such joint ventures. $12 Million Forthcoming for a Hostel for Visiting Scholars The United Nations Fellows Training Programme held the first of its industrial and commercial lecture series on 3rd March 1990. Mr. Chiang Chen, managing director of Chen Hsong Holdings Ltd., was invited to talk on 'Forty Years in the Home Country'. On the same day Mr. Chiang generously agreed to donate HK$12 million to the University for the construction of a hostel to accommodate visiting scholars and fellows on training programmes. The new hostel will be built at the eastern tip of the campus near the Yali Guest House. Mr. Chiang came to Hong Kong in 1949 and set up the Chen Hsong Machinery Co. Ltd. in the late fifties. From a small-scale plastic machine maintenance factory, it has now developed into a holdings enterprise with diversified business interests. Acclaimed as a ‘technological entrepreneur', Mr. Chiang is enthusiastic in fostering specialists in industry, almost regarding this as his second career. He has sponsored research projects and training programmes of local tertiary institutions and non- profitmaking bodies on various occasions, and has in recent years made generous donations to promote research in industry and commerce in mainland China, Hong Kong and Taiwan. At a time when the University is actively developing exchange programmes and collaborative research projects with overseas institutions, and when the number of visiting scholars and research fellows is expected to be on the steady increase, the donation from Mr. Chiang is most timely and welcome. TRAINING & CONSULTANCY 1 7