Latest Research
Latest Research
Latest Research
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Journal Article: "Focus of Steadily Advancing the Construction of a Major Financial Power"
The Central Financial Work Conference, held in October 2023, emphasized the need to accelerate the construction of a major financial power, promote high-quality financial development, and provide strong support for comprehensively pushing forward building of a great country and achievement of national rejuvenation through Chinese-style modernization. The conference also proposed to prioritize the development in five key areas: technology finance, green finance, inclusive finance, pension finance
2024-12-03 Zhu Min, Huang Yiping, Li Daokui, Ding Zhijie, Guan Tao -
Journal Article: "Prospective Study on Major Changes in Industrialization, Urbanization and the Population Structure during the 15th Five-Year Plan Period"
The “15th Five-Year Plan” period largely overlaps with the time period for implementing the “Resolution” of the Third Plenary Session of the 20th Central Committee of the Communist Party of China. Thus, the process for researching, formulating and implementing the “15th Five-Year Plan” is itself a process of implementing the various reform tasks set forth in the “Resolution.” The "15th Five-Year Plan" period is of particular importance in progressing towards China's economic and social developme
2024-10-12 Feng Ming -
Journal Article: "Housing Wealth and Household Savings: Evidence from China's Housing Reform"
Since the 21st century, with the development of the economy and the rapid growth of the housing prices, housing wealth has become one of the most important parts of household wealth and an important factor influencing household savings in China. The report of the 20th National Congress of the Communist Party of China clearly states that we must focus on expanding domestic demand and enhancing the fundamental role of consumption in economic development. How to reduce household savings and then in
2024-07-15 Fu Lin, Gao Jie, Dai Xi, Yao Yi-ying -
Journal Article: "On the Coordination and Harmonization of Fiscal and Tax Policies with Monetary and Finance Policies"
Fiscal and tax policies, along with monetary and finance policies, represent the chief tools that a country uses to undertake macroeconomic governance. There are three main points of connection when it comes to coordinating and harmonizing fiscal and tax policies with monetary and finance policies: macro-control; the prevention and resolution of major hazards; as well as the management of funds associated with public finance and taxation and the management of monetary liquidity.
2024-06-03 Feng Ming -
Journal Article: "Measurement Problem of Enterprise Digital Transformation: New Methods and Findings Based on Large Language Models"
The rapidly growing digital economy in China has become the second-largest digital economy in the world. The importance of digital transformation for enterprises is widely acknowledged, but there are serious disagreements about the effects of enterprise digital transformation. The main reason for this phenomenon is that existing research has problems in measuring enterprise digital transformation, which is reflected in two aspects: Firstly, the measurement ob‐ jects are neither unified nor clear
2024-03-20 Jin Xingye, Zuo Congjiang, Fang Mingyue, Li Tao, Nie Huihua -
Journal Article: "The Law of Late Developers on Catching Up and Qualitative and Quantitative Economic Growth"
Researcher Liu Peilin points out that high-quality development does not mean low-speed growth, but rather refers to the match between the actual economic growth rate and the potential level. We should constantly promote "quantitative change" and create conditions for the development of new quality productive forces in the sense of "qualitative change."
2024-03-01 Liu Peilin -
Journal Article: "Is Trade Policy Uncertainty Pushing Chinese Enterprises to Innovate"
In recent years, under the background of geopolitical conflicts, trade policy uncertainty has increased significantly, which has profoundly affected the innovative behavior of enterprises. This article uses the data of Chinese A-share non-financial listed companies from 2000 to 2022, and empirically tests the impact of trade policy uncertainty on Chinese corporate innovation, which measured by enterprise independent innovation strategy and R&D investment. The results show that, on the one hand,
2024-02-28 Kun Lang, Xincheng Li -
Journal Article: "A Scale Estimation and Structural Analysis of China's Data Factor of Production: From the Perspective of Information Value Chain"
The data factor of production is playing an important role in today's digital economy. In this paper we create a new statistical method to estimate yearly investment on data factor of production by different provinces, and separate these investments into labor cost on data production and investment cost on data carriers. The former is calculated by the wage data of different industries in different regions, and the latter is based on yearly fixed asset investment data. We calculate China's provi
2024-02-22 Xiang Xu, Xiaoxuan Tian, Ke'aobo Li, Binkai Chen