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

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.

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.

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.

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.

According to an editorial published on China Securities Net (www.cnstock.com) by Shanghai Securities News on March 19, renowned economist and director of the Academic Center for Chinese Economic Practice and Thinking (ACCEPT) at Tsinghua University, David Daokui Li, recently joined the 2023 Dark Horse Industry Conference where he delivered a keynote address focused on the topic of “Trends and Opportunities for Chinese Industry.”

On March 5, 2022, David Daokui Li submitted the following Proposal on Promoting the Establishment of a Unified National Carbon Emissions Market to the CPPCC. Professor Li is the Director of the Academic Center for Chinese Economic Practice and Thinking (ACCEPT) and a nonpartisan member of the CPPCC National Committee.

Governments worldwide are implementing mass vaccination programs in an effort to end the novel coronavirus (COVID-19) pandemic. Here, we evaluated the effectiveness of the COVID-19 vaccination program in its early stage and predicted the path to herd immunity in the U.S.