Institute Overview

Institute Overview

The Institute of Risk Analysis, Prediction & Management (Risks-X) is established by the Southern University of Science and Technology (SUSTech, Shenzhen, China) in closed collaboration with the Swiss Federal Institute of Technology Zurich (ETH Zurich, Switzerland). It is the first university-level collaborative research institute between ETH Zurich and a university from Chinese mainland. Under the Sino-Swiss Innovative Strategic Partnership, Risks-X strives to promote innovation cooperation between the two countries and serves as a base for ETH Zurich to explore further cooperation opportunities in China, for technology advancement, new R&D topics, industrial collaboration and technology transfer. Affiliated with SUSTech Academy for Advanced Interdisciplinary Studies, Risks-X is jointly led by Prof. Didier Sornette, member of the Swiss Academy of Engineering Sciences, professor on the Chair of Entrepreneurial Risks at ETH Zurich, (also chair professor at SUSTech) and Prof. Xiaofei Chen, member of the Chinese Academy of Sciences, professor and head of the Department of Earth and Space Sciences at SUSTech. The institute is committed to building a revolutionary dynamic risk management platform, with real-time and dynamically monitoring of extreme risks in various system applications, simulations of future scenarios, analysis and prediction of risk trends, thus helping society develop strong resilience and improve social responsibility.

  • Break Disciplinary Boundaries

  • Cement Science Foundation

  • Develop Tools and Platforms

  • Empower Decision-makers

Research Overview

Since its establishment, Risks-X has built a multidisciplinary and productive research team of nearly 30 people led by a number of academicians. Yielding fruitful outcomes, Risks-X has published more than 40 papers in internationally renowned journals including Science, Nature and Proceedings of the National Academy of Sciences, and has been awarded a number of research projects from the National Natural Science Foundation of China, Guangdong Province, Shenzhen Municipality and several enterprises. In terms of research applications, Risks-X has established several large-scale application platforms in the fields of financial risk, geological disasters, climate change and water resources, such as the Global Financial Crisis Observatory, the Greater Bay Area Earthquake and Tsunami Monitoring Platform, and the Global Earthquake Forecasting System, which provide analytical tools and policy recommendations for different governments and enterprises. Risks-X has established partnerships with governmental departments such as the China Earthquake Administration, the National Disaster Reduction Centre of China and the Hainan Provincial Finance Bureau, as well as with many large enterprises such as the Manbang Group, Lexin Group and BOPU Technology. In addition, Risks-X has introduced a number of Swiss high-tech companies to Shenzhen, and cooperated with the Shenzhen Angel Fund of Funds to build a Sino-Swiss innovation cooperation center.