The University of Macau (UM) held a Doctor honoris causa Lecture titled ‘China in the Global Economy’ today (16 January). Lawrence Juen-yee Lau, recipient of the Doctor of Education honoris causa degree from UM and former vice-chancellor of the Chinese University of Hong Kong (CUHK), was the speaker. The talk was well attended by scholars, UM faculty and students, people from various sectors of the community, and the public.
In his speech, Huen Wing Ming, second vice chair of the University Council, highlighted Prof Lau’s academic achievements, as well as his contributions to economic development, economic growth, and the East Asian economies. He also mentioned Prof Lau’s achievements during his tenure as vice-chancellor of CUHK, such as the internationalisation of the university and the establishment of CUHK-Shenzhen. Notably, Prof Lau took part in the establishment of the Dr Stanley Ho Medical Development Foundation in 2005.
During the talk, Prof Lau reviewed the history of the Chinese economy and its development since the founding of the People’s Republic of China, and illustrated China’s evolving role in various sectors of the global economy. He discussed China’s progress in intangible assets (human capital and R&D capital) and the increased international use of the renminbi. He also provided a long-term outlook for China’s economy up to 2050. In addition, Prof Lau engaged with the audience in the Q&A and discussion session moderated by Yu Jun, dean of the UM Faculty of Business Administration.
| Source: Rector’s Office | |
| Media Contact Information: | |
| Communications Office, University of Macau | |
| Albee Lei | Tel: (853) 8822 8004 |
| Jason Leong | Tel: (853) 8822 8322 |
| Email: | prs.media@um.edu.mo |
