The University has also taken the opportunity to sign memorandum of understanding with a number of high-tech companies in the Science and Technology City for collaborations in R&D in the areas of Industrial Internet-of-Things, Thermal Engineering, and Aerodynamics and Acoustics. In the long run, the institute plans to establish two to three more research laboratories in the fields of Chemistry and Biochemistry.
HKU-ZIRI was incorporated in December 2012 with the support from CPC Zhejiang Provincial Committee, Zhejiang Provincial People’s Government, Science Technology Department of Zhejiang Provincial People’s Government, Hangzhou Municipal People’s Government and Lin’an Municipal People’s Government. It seeks to play a significant role in strengthening the partnership with Yangtze River Delta, and contributing to the promotion of innovation and incubation of new hi-tech industries of strategic importance, as well as the transformation of the industries in Zhejiang, with a view to contributing to the economic and social development of the Mainland through research.