MUST hosts PLS’2017

Group photo of the attended scholars and experts

The 9th International Conference on Partial Least Squares and Related Methods, (PLS’ 17) was successfully held in Macau Galaxy Hotel Oasis Conference Hall on June 17th, 2017, organized by the School of Business at Macau University of Science and Technology and mainly sponsored by Macau Foundation. Hundreds of statistics scholars from 28 countries and regions attended this conference. 

PLS’ 17 is a series of academic conferences held by experts and scholars in the field of international statistics, with the vision of promoting academic exchanges and sharing the results of their research. These series of conferences have played an important role to promote the partial least squares in business management, information technology and life science with other fields of research and application. Since 1999, eight conferences have been held at many famous universities around the world. The conference shall be conducted every two years among the region of Europe, Americas, and Asia in the way of rotation to proceed.

The conference is honored to invite Professor Vincenzo Vinzi, Dean of the ESSEC Senior Business School, France; Professor Harald Martens, Academician of the Norwegian Academy of Technical Sciences; Professor Christian M. Ringle, Professor of International Affairs, Hamburg-Hohlberg University of Technology; Professor Galit Shmueli, from Tsinghua University Taiwan; Professor Edward Rigdon, Director of Marketing Department, Georgia State University, and Professor Wynne Chin from University of Houston, USA, to give key lectures on modern data analysis methods in science, public service, business management and technical engineering with many other areas of application.

Professor Pang Chuan delivers speech at the conference

Professor Pang Chuan, Conference Chair and Vice President of Macau University of Science and Technology, said that objectively, Macao's geographical environment is located in the regional seizures - adjacent to Hong Kong and Guangdong Province, which, to a certain extent, indicates that Macao would be affected by the surrounding areas regarding their economic process. Positioning micro-economy as the "World Tourism and Leisure Center", Macao's industrial structure is relatively simple. These factors negatively lead the local economic development vulnerable towards external political and economic fluctuations or any kinds of impacts from the crisis. Therefore, in the moment to strengthen the network and electronic information such as "non-contact economy" development and application, this conduct should be an active option to deal with the lack of flexibility and stability of the economic characteristics in the future.

According to statistics, this session received a total of 117 outstanding papers, including 39 Chinese authors, 78 foreign writers, covering the current modern statistical methods and many applications. These research papers includes large data, the Internet, family business, structural equation model and application, PLS methods and applications, information systems, management, social sciences, chemometrics, sensory analysis, market and organization, industry analysis, traditional medicine, PLS and tourism, anthropology (genetics) and other cutting edge direction. After the opening ceremony, nearly a hundred experts and scholars went through quite a number of discussions corresponding to these academic results at the 27 sub-venues. It is an honor to announce that PLS’17 has achieved extraordinary great meeting results.