MIT-China Future City Symposium Held on November 16

By Yingcheng Li•04 Dec, 2017

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An illustrious group of real estate industry leaders from China convened for a symposium on the research of future cities at MIT on November 16. The symposium was part of the activities organized for the launch of the MIT China Future City Lab (MIT-CFC), a new research and entrepreneurship education program that focuses on challenges in urban China.

The invitation-only event was attended by senior representatives of the eight founding industry members of the lab: Hongkong Land, CR Land, Chengyujituan, Tianyi Holdings, Fosun Property, Zall Development, Tusincere, and Nash Work. These founding partners have made an investment and commitment to support the work of MIT-CFC, and were eager to hear about the kind of work that MIT-CFC will facilitate for faculty and students with an interest in shaping the future of Chinese cities.

The symposium featured the presentation of cutting-edge research by faculty across and beyond the School of Architecture and Planning, including the Center for Real Estate, Department of Urban Studies and Planning, as well as the Media Lab. Participants heard from Professor Siqi Zheng on measuring how much Chinese households value environmental factors; Executive Director of MIT’s Industrial Performance Center Dr. Elizabeth Reynolds on analyzing the regional innovation system in the United States; Professor Cesar Hidalgo of the Media Lab on a new way to integrate and make sense of enormous but disparate datasets; and Professor Sarah Williams on an innovative tool to complete zoning analyses in New York City; Professor Carlo Ratti on the future of work, retail space; Professor Christoph Reinhart on the sustainable design practice; Professor David Geltner on land value pricing index and Professor Brent Ryan on China's New town practices. 

In addition to the the half-day symposium, the Chinese visitors participated in roundtable discussions of MIT-CFC’s mission, which is to mobilize the vision, research expertise, experience, talent, creativity, capabilities and academic resources of MIT and foster new research and education in science and technology to identify and develop innovative solutions to China’s unique urbanization challenges, priorities and opportunities. MIT-CFC is led by Faculty Director Professor Siqi Zheng, Samuel Tak Lee Associate Professor of Real Estate Development and Entrepreneurship, and by Executive Director Zhengzhen Tan.