RESEARCH AND INNOVATION 31 30 HKU ANNUAL REPORT 2022 A major indicator of the quality of our research talent is our consistent success in competitive research funding exercises, where we continued to lead all other Hong Kong universities in 2021–22. Highlights include receiving the largest share of the Research Grants Council’s (RGC) General Research Fund (HK$225.29 million for 247 projects, excluding on-costs); leading five of the eight projects awarded under the RGC’s 12th round of the Theme-based Research Scheme, receiving total funding of HK$168 million (including on-costs); and leading one of only two Areas of Excellence projects awarded in 2022 (total funding of HK$74.8 million, including on-costs). In the past, that might have been the welcome sum of our government funding support, but HKU has also been performing strongly in Mainland funding exercises. In 2021–22, our scholars received more than RMB26 million via HKU’s Shenzhen Institute of Research and Innovation and RMB25.7 million directly via HKU from the National Natural Science Foundation of China and Guangdong and Shenzhen funding bodies. In addition, 10 young OPPORTUNITY GROWTH HKU scientists were awarded under the 2022 Excellent Young Scientists Fund (Hong Kong and Macau), the highest among peer institutions for the fourth consecutive year (see page 38). With growing financial support, talent development and physical expansion, the University has high expectations of magnifying its research impact in the coming years. These investments aim to position us as a truly world-leading university that not only contributes to the development of new and innovative economic industries in Hong Kong but provides solutions to some of the most pressing challenges facing our world. With growing financial support, talent development and physical expansion, the University has high expectations of magnifying its research impact in the coming years. HK$585.6 million funding from UGC and RGC 5/8theme-based research projects HKU professors lead these projects which received a total of HK$168 million (including on-costs). HK$760 million funding from other sources for new research projects in 2021–22
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