Latest Research
Latest Research
Latest Research
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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 -
ACCEPT Report: "Seeking Progress while Maintaining Stability, Promoting Stability through Progress, and Establishing the New before Abolishing the Old: Analysis of China's Current Economic Situation and Outlook to 2024"
"Adhering to the principle of seeking progress while maintaining stability, promoting stability through progress, and establishing the new before abolishing the old" is a new macro governance approach proposed at the Central Economic Work Conference at the end of 2023, which points out a new direction for China's economic policy adjustment. In recent year, China's economy growth has been consistently below its potential growth rate, and a trend of continuous decline in economic growth had alread
2024-02-22 ACCEPT Macro Forecasting Group -
Journal Article: "ESG Investor Behavior and Related Research Frontiers in the Context of Carbon Neutrality: Overview and Extension"
This paper proposes a new framework for understanding why investors consider environmental, social, and governance (ESG) factors within their investments processes, based on two intrinsic characteristics of investors: self-discipline and their level of social engagement. The authors believe that there are limitations to the popular view of understanding investors' ESG considerations as a social preference, or rather a pro-social action. First, the pro-social view does not explain why investors
2023-10-10 Di Tang, Xingye Jin -
Li Ke'aobo: Bolstering confidence in private sector’s growth and development of utmost importance
For a long time now, the private sector of China’s economy has played an active role in stabilizing growth, promoting innovation, expanding employment and improving people’s livelihood, having since become an intrinsic component of the country’s economic system and an important force for advancing sustained and healthy economic development.
2023-08-18 China Business Journal -
Journal Article: "Digital Economy and Globalization: An Analytical Framework of the Globalization Life Cycle Theory"
This paper believes that the development of globalization needs to meet three conditions, namely, technological revolution, leadership of major powers and international mechanism, and the development of globalization will go through four stages, namely, budding, development, peak and decline. This paper argues that the digital economy will lead a new round of globalization, and is currently in the development period of digital globalization.
2023-08-10 Kun Lang, Meixin Guo, Shaobo Long -
David Daokui Li: How to boost consumption? Offer direct subsidies to consumers on the payment side
On May 6, during the 2023 Tsinghua PBCSF Chief Economists Forum, David Daokui Li, Director of the Academic Center for Chinese Economic Practice and Thinking (ACCEPT) at Tsinghua University, said in an interview with Economic View that when it comes to stimulating consumption, we should learn from and promote the lessons derived from Shanghai’s own experience.
2023-05-18 Economic View -
Journal Article: “Chinese Modernization: Spearheading New Globalization and Inspiring an Emerging Field of Study”
This paper identifies three aspects in which Chinese modernization may have a profound influence on the global economic landscape after examining China’s changing role in the global economy over the past millennium.
2023-04-25 David Daokui Li, Meixin Guo, Kun Lang, Lin Lu