News
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Professor David Daokui Li awarded honorary commendation for 30-year contribution to education
In recognition of their long-term dedication and hard work throughout their careers in education, and on the occasion ofthe 39thannual Teachers Day, Tsinghua University held a special ceremony to commemorate faculty and staff that have been engaged in education for 30 years or more. Dr. David DaokuiLi, a professor under the School of Social Sciences’ Institute of Economics and director of the Academic Center for Chinese Economic Practice and Thinking at Tsinghua University, was among those award
2023-09-10 -
China’s property market is going in ‘two directions,’ says ex-central bank advisor
China’s real estate sector is going in “two directions,” and even though further stimulus is expected, a recovery will not likely happen soon, according to a former advisor to the People’s Bank of China. “The property market right now in China is actually two-fold. It’s actually going into two directions,” Li Daokui, now a professor of economics at Tsinghua University, said Friday.
2023-09-08 -
Household registration curbs in urban cities with less than 3 million population to be scrapped: MPS
China's Ministry of Public Security (MPS) announced on Thursday new measures for the further relaxation of household registration, or hukou, including the scrapping of restrictions in cities with a relatively smaller population, a move that experts said will further activate regional economic development.
2023-08-03 -
45th Tsinghua University Forum on China and the World Economy featured in Guizhou Satellite TV's "Forum" talk show program discussing China's mid-year economic performance
The 45th Tsinghua University Forum on China and the World Economy, hosted by Tsinghua University’s Academic Center for Chinese Economic Practice and Thought (ACCEPT), was featured in a special episode of Guizhou Satellite TV’s "Forum" talk show program broadcasted on July 30, 2023, entitled "Promoting Stable and Healthy Economic Development."
2023-07-30 -
Will leveraging China’s massive workforce offset its declining population? Demographers explain
Despite appearing to have lost its long-held title of “most populous nation” to India, China has the potential to maintain its demographic advantages over its neighbour, but analysts say that will require China to better leverage its massive and still-growing pool of quality workers.
2023-07-01 -
China cuts benchmark lending rate for the first time in 10 months, "more stimulus measures in pipeline to spur recovery"
China on Tuesday cut the benchmark lending rate loan prime rate (LPR) in line with market expectations, ending nine months without change. It marks the third effort to bring down the nation's policy rates within a week, sending a clear signal that China is resolved to spur the still unfolding economic recovery and unleash the growth potentials amid multiple downward pressures ranging from a complex global geopolitical situation and weakening world demand.
2023-06-20 -
Adviser calls for stronger policy shifts amid recovery risks
As China's economic recovery is facing downward pressure, stronger and clearer policy shifts are needed to restore business confidence and realize sound growth, a political adviser said. Yin Yanlin, former deputy director of the office of the Central Committee for Financial and Economic Affairs, said more forceful policies are needed to get the market confidence back on track.
2023-06-20