University of Nottingham extends science collaborations in China

The University of Nottingham has signed a collaboration agreement with the China Guanghua Science and Technology Foundation, based in Beijing. The Memorandum of Understanding confirms the desire of both organisations to work together to promote the development and commercial exploitation of science and technology. The broad-ranging agreement covers technology transfer, as well as helping spin-outs from The University of Nottingham to develop business opportunities in China. The Guanghua Foundation is a top 10 not-for-profit organisation in China, set up to promote excellence in science and technology, encourage innovation and promote regional economic development. The signing of a Memorandum of Understanding follows a visit by University staff to the Foundation earlier this year. Professor Chris Rudd, Pro-Vice Chancellor for Business Engagement and Knowledge Transfer at The University of Nottingham, said: "Having enjoyed an excellent relationship with the Foundation through our healthcare outreach work, we are delighted to broaden the collaboration into the science and innovation sectors. "With China developing its innovation infrastructure rapidly, and the demand for new technologies accelerating, we believe that this new venture will yield considerable bilateral benefits — both economic and social." Mr Liang Fandong, Vice-General Secretary of the China Guanghua Foundation, said: "The Foundation is looking forward to working with The University of Nottingham and is pleased to be strengthening its relationships in the science and innovation sectors in the UK." The collaboration is the latest high-profile joint venture undertaken by The University of Nottingham in China.