Taiwan's National Chiao Tung University established ties with the University of California, Berkeley, yesterday to bolster academic, research and administrative cooperation.
At a teleconference meeting, university President Chang Chun-yen (張俊彥) struck an agreement with Paul Gray, executive deputy chancellor of UC Berkeley, on a 10-year bilateral cooperation prog-ram, under which the two schools will swap representative offices and allied research centers, recognize each other's academic accreditation, confer doctorates and master's degrees to students from either side, and establish scholarships for students from both sides.
Chiao Tung University in Hsin-chu, Chang said, has been a cradle of high technology talent and personnel in Taiwan, having successfully nurtured high-caliber manpower who have in turn contributed their expertise and skills to companies in the nearby Hsinchu Science-based Industrial Park. The partnership between UC Berkeley and Chiao Tung will focuss primarily on technology initiatives.
For his part, Gray said that the partnership with National Chiao Tung University would serve as an index model for UC Berkeley in its efforts to build cooperative relations with counterparts in Asia. It is believed that the two schools' cooperation will have a far-reaching impact on cross-field high-tech research and development.
Also speaking in the teleconference meeting, Tom Kalil, a science and technology adviser to former US President Bill Clinton and an aide to the chancellor of Berkeley, said that knowledge-based economies have become the main trend in global economic development.
Considering that most countries issue more than five denominations of banknotes, the central bank has decided to redesign all five denominations, the bank said as it prepares for the first major overhaul of the banknotes in more than 24 years. Central bank Governor Yang Chin-lung (楊金龍) is expected to report to the Legislative Yuan today on the bank’s operations and the redesign’s progress. The bank in a report sent to the legislature ahead of today’s meeting said it had commissioned a survey on the public’s preferences. Survey results showed that NT$100 and NT$1,000 banknotes are the most commonly used, while NT$200 and NT$2,000
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