The Shanghai-Hong Kong Development Institute was jointly founded by Chinese University of Hong Kong and Fudan University in 2001, based on their interdisciplinary strength in the economic, social, political and cultural studies. It is the first institution for cooperative researches and exchanges between major universities in mainland China and Hong Kong after 1997. The Institute provides government agencies and companies with political consultation and recommendations, enhances the influence of universities on the decision-making of the government and offers Hong Kong and Shanghai intellectual supports for their sustainable prosperity and social harmony.