Xue Fuyao University President Clarifies Department Self-Financing Policy Does Not Require Profit Focus

According to Xue Fuyao University president Wang Shuguo on June 21, the university's policy requiring academic departments to move toward self-financing does not mandate profit-driven operations. Wang clarified that the school instead encourages departments to undertake research addressing real industry challenges, while developing revenue generation capacity through commercializing research outcomes.
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