The nano world—the world of nanoscience and nanotechnology—is one in which the basic building blocks are the size of atoms and molecules. They are building blocks in a very real sense, which are manipulated to create previously unknown structures with novel properties. These include entirely new forms of carbon, such as fullerenes and nanotubes. HKUST researchers came to world attention when they were the first to produce the smallest possible carbon nanotubes, and soon after demonstrated their unusual physical properties.

HKUST's established record as a significant player in the nano world will play a major role in achieving the vision of Hong Kong and its region as an Asian center for nanotechnology development. Continued success at the cutting edge of nanoscience will keep Hong Kong visible on the world stage. State-of-the-art research and development will focus on high pay-off opportunities involving products and materials that match, but stretch, the capabilities of the rapidly growing industrial base in the region. At the same time, HKUST research will address the health and environmental impacts of nanomaterials to ensure product safety and promote safe manufacturing practices. Education and training of professionals to support the growth of new industries based on nanotechnology will be an essential contribution. HKUST will expand research postgraduate programs in nanoscience and nanotechnology to supply the most advanced technical manpower, and develop a multidisciplinary undergraduate program in nanotechnology jointly supported by the Schools of Science and Engineering.