The Guangzhou Key Lab of Future Networked Systems (FNSL) at HKUST(GZ) will investigate and develop new architectures, protocols, and optimization techniques for networked systems that will enable new demanding applications such as Metaverse systems, distributed machine learning, and mission-critical IoT. FNSL's objective is to conduct top-tier research with a system design approach to create new networked systems and to contribute to the development of such systems.