The Hong Kong Polytechnic University is a university with a proud and illustrious history. Formerly known as the Hong Kong Polytechnic, the Institution assumed full university status in 1994.

　　PolyU is strategically located in Hung Hom, Kowloon, on a site of approximately 93,500 square metres adjacent to the Cross Harbour Tunnel. There has been extensive development and rapid expansion since the last 10 years. The University is the largest UGC-funded tertiary institution in terms of number of students, with approximately 22,000 full-time and part-time students. A wide range of courses which directly meets industrial, commercial and community needs is offered. In addition to meeting Hong Kong's manpower requirements, PolyU also makes significant contributions towards the territory's success by providing the public and private sectors with its expanding range of consultancy, professional training and applied research services. Through these activities, the University maintains a strong partnership with the business and industrial sectors.

　　It is a prime aim of the University to equip students not only with professional competency but also the ability of independent thinking, good communication skills and a global outlook. The University also implements the credit-based system, which allows flexibility to students in choice of subjects and pace of studies.

　　The University prides itself on offering a wide range of courses to meet the demands of the professions. The various top quality programmes, distinguished by the University's close ties with key players in Hong Kong's industries, lead to the awards of Doctoral, Master's and Bachelor's degrees, as well as Postgraduate Diploma, Post-experience Diploma / Certificate, Postgraduate Certificate, Higher Diploma, Higher Certificate, Executive Diploma, Certificate, Professional and Continuing Education (PCE) Diploma and PCE Certificate.

　　Over the years, more than 200,000 young men and women have graduated from PolyU and its predecessors - the Hong Kong Polytechnic, the Hong Kong Technical College and the Government Trade School. The graduates have found their places in various sectors of the society, dedicating their knowledge and expertise to the building and development of Hong Kong's thriving economy.

　　The China Venture Capital Corporation (CVCC) is a liability company based on the former China Industry, Commerce, and Economy Consulting Co., Ltd. And restructured and controlled by the Central Committee of the China National Democratic Construction Association (CNDCA) to specialize in venture capital investments. It was officially founded in March 2000.

　　The CVCC was reorganized and underwent institutional changes at a time when the Central Committee of the CNDCA was actively advocating and promoting the development of China’s venture capital industry. It finally became a professional company backed by private funds, which specializes in venture investments. It is mainly made up of member entrepreneurs of the CNDCA. Currently, of the seven directors of the board of the CVCC, one is a member of the Standing Committee of the Chinese People's Political Consultative Conference (CPPCC) and another three are members of the CPPCC.

　　The CVCC is mainly engaged in venture capital investments, strategic investments, fund management, asset management, project evaluations, financial consultancy, the restructuring of enterprise assets, and IPO planning and consultancy. The company has adopted “soft promise” for shareholders, which means that the shareholders can promise to commit RMB51 million of registered capital in the beginning, but when the invested project is needed, the shareholders should promise to increase their investment at a rate of 1:10.

　　The CVCC has mainly invested in high-tech industries, such as the information industry, the medical and biomedical industries, new highly efficient approaches to agriculture, new forms of energy, new materials, and Mechatronis Technology. It has made investments in companies that are in the seed, start-up, and growth stages.

　　Backed by the Central Committee of the CNDCA, which boasts of a strong background in strategic investment in democratic construction, the CVCC can draw on local organizations at all levels of the CNDCA, representing nearly 89,000 CNDCA members in China’s 30 provinces, autonomous regions, and municipalities. As a result, the company has long had excellent cooperative relations with outstanding privately run companies around the country.

　　Meanwhile, the CVCC has built up a good image in the industry. The annual China Venture Capital Forum has become one of the most reputable forums in China’s venture capital industry, and has been successfully held five times. The company has also set up the China Venture Capital Research Institute, a joint venture with The Hong Kong Polytechnic University. In the name of the institute, it has published a professional academic magazine called China Venture Capital as an outlet for in-depth research on some theoretical issues concerning venture capital and on cases of remarkable companies. The magazine is widely influential among venture capital professionals in mainland China, Hong Kong, and Macao.

　　Since its establishment, the CVCC has made investments in several projects involving a wide range of sectors such as IT, environmental protection, new materials, and highly efficient agriculture. Some of the projects have recently been successfully listed in Hong Kong stock market.