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Additional resources for The Business Growth Benefits of Higher Education
Speakers at the conference, attended by 130 people, included two former Deputy Prime Ministers and a Chinese Vice-Minister, as well as top academic experts from China and Europe. Joint events with Chatham House have included a panel discussion on China’s 2008 National People’s Congress, and conferences on the 17th and the 18th Chinese Communist Party Congresses and their global impact. CPI also works with Chinese partners to analyse the challenging issues facing China today. One of its main partners is the Chinese Academy of Social Sciences (CASS), with whom the University of Nottingham has a framework co-operation agreement, managed on its behalf by CPI.
They benefit from access to ideas, facilities and talent. Their institutions benefit from enhanced citations, reputation and recruitment. Wider economic benefits, trade links, inward investment, access to markets need to be better acknowledged and exploited, so calls for enhancement of budgets for international science make their case holistically and are able to demonstrate broader societal benefit. China’s State Owned Enterprises are taking on significant government investment and are challenged to deliver on the demanding targets of the 12th Five Year plan.
Similarly, Zhuzhou CSR Times Electric’s acquisition of a 75 per cent stake in Lincoln Electronics firm Dynex underpinned investments in new fabrication technology and provided a small East Midlands company with access to a £50 billion market in new rolling stock as China invests massively in high speed rail. Market presence brings many opportunities as SoEs (state-owned enterprises) take advantage of the RMB’s appreciation and look increasingly overseas for investment return. Local access to business communities enables trust to develop and from that trade develops.