News
-
Francis T. Lui: Hong Kong's economy shaken by pandemic, but recovery provides glimmer of hope
The following is a summary of Francis T. Lui's comments during a roundtable discussion at the 45th Tsinghua University Forum on China and the World Economy held at Tsinghua University, Beijing, on June 17, 2023. Lui is Professor Emeritus and Adjunct Professor at the Hong Kong University of Science and Technology’s Department of Economics.
2023-06-17 -
Lu Zhengwei: Multiple factors eroding entrepreneurial confidence as economic structure and asset allocation face major reshuffle
The following is a summary of Lu Zhengwei's comments during a roundtable discussion at the 45th Tsinghua University Forum on China and the World Economy held at Tsinghua University, Beijing, on June 17, 2023. Lu is the Chief Economist of Industrial Bank.
2023-06-17 -
Li Wenjie: Offloading of construction capacity to present longer-term risks as real estate market enters recovery mode
The following is a summary of Li Wenjie's comments during a roundtable discussion at the 45th Tsinghua University Forum on China and the World Economy held at Tsinghua University, Beijing, on June 17, 2023. Li is the Senior Vice President of Beike Zhaofang and President of the Beike Research Institute.
2023-06-17 -
Lectures in Government and Economics | Why has the size of government steadily expanded? Explaining “Wagner’s Law” using the theory of labor efficiency
Over the past several centuries, the size of governments around the world have undergone a dramatic expansion during the process of economic development, with the average share of government spending as a proportion of GDP having risen from around 10% to as much as 39% on average. This pattern of development is often referred to as Wagner’s Law. This lecture aims to explain the root causes of Wagner's Law and predict future changes in the size of governments.
2023-06-14 -
Decisive factors for China's long-term economic growth lie in sufficient manpower rather than total amount of population: demographers
There's nothing to worry about China's drop in population as the decisive factors for the country's long-term economic growth lie in how to boost and take advantage of sufficient manpower rather than the total size of the population, leading Chinese demographers said one day ahead of Chinese Population Day, which falls on June 11.
2023-06-12 -
Video Replay: "U.S. Debt and Global Economy"
On June 5, 2023, David Daokui Li, Director of the Academic Center for Chinese Economic Practice and Thinking at Tsinghua University, and Jeffrey Sachs, Director of the Center for Sustainable Development at Columbia University, joined CGTN anchor Guan Xin for an in-depth discussion on “U.S. Debt and the Global Economy.”
2023-06-05 -
As China’s local governments struggle to repay debts, should Beijing shoulder some of the burden?
Li Daokui, director of the Academic Centre for Chinese Economic Practice and Thinking at Tsinghua University and a former adviser to the People’s Bank of China, said the central government should take over some of the local government debt burden.
2023-06-05