News
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David Daokui Li: Establish mechanisms for bolstering the market economy and spurring the development potential of unicorn enterprises
On March 30, the Global Unicorn Company Conference was convened during the 2025 Zhongguancun Forum Annual Conference. David Daokui Li, director of the Academic Center for Chinese Economic Practice and Thinking (ACCEPT) at Tsinghua University, commented at the conference that the size of China’s market is immense, which therefore makes it easier for new enterprises to grow at a faster pace. Moreover, the scale of the country’s market is still in the process of further expanding, providing a solid
2025-04-01 -
BMW Group Mobility Council - China and Tsinghua ACCEPT jointly hold seminar on "Explore the New Frontiers of Smart Cockpit"
BMW Group and the Academic Center for Chinese Economic Practice and Thinking (ACCEPT) of Tsinghua University jointly organized the “BMW Group Mobility Council (China) - Explore the New Frontiers of Smart Cockpit” seminar at Tsinghua University. This seminar brought together industry experts, scholars and business representatives to discuss the latest development trends, innovative application scenarios and directions for future advances in smart cockpit technology, contributing knowledge and sup
2025-03-31 -
China's focus on investing in people is reshaping its economic landscape
In the city of Ningbo, Zhejiang Province, the local government has earmarked 10 percent of its annual budget specifically for public services for migrant workers, covering their housing, education and vocational training. This initiative has not only improved the lives of migrant workers, but also triggered a ripple effect in the local economy courtesy of their stable employment and consumption. The investment's impact on GDP growth once achieved a one-to-one ratio, with multiplier effects in t
2025-03-31 -
David Daokui Li: China's strengths and potential for economic growth remain strong
A discussion panel on China's economic policies has been held in Beijing. The event attracted international media professionals interested in innovative Chinese economic strategies and their role in advancing global development. Professor Li Daokui, Director of the Center for China in the World Economy at Tsinghua University, explained how the Chinese government is promoting high-quality development while stimulating economic growth. He also shared how greater cooperation with China could inspir
2025-03-28 -
Set up factories in Bangladesh, sell products globally: Dr Yunus to Chinese businesses
Chief Adviser Prof Muhammad Yunus on Friday invited the Chinese business leaders to be part of new Bangladesh and its transformation engaging extensively in terms of doing business for mutual benefit. Dr Yunus invited top Chinese companies to invest in Bangladesh and make the country a manufacturing hub to export their products to the West and Asia. Bangladesh is the hub (for doing business)... we could be the production hub of this entire region. Set up your factories in Bangladesh, sell to t
2025-03-28 -
US crackdown measures might actually push China’s tech sector forward: Chinese economist Li Daokui
The US' crackdown measures cannot stop China's technological innovation, and could actually push China's technological sector forward, Li Daokui, a renowned Chinese economist, said on Thursday, while criticizing the US' "terrible policies" that backfire on the US itself. Li, director of the Institute for Chinese Economic Practice and Thinking at Tsinghua University, made the remarks when responding to a question from the Global Times about the impact of the US' tech curbs against China at a po
2025-03-27 -
China will post faster growth rate than last year, economist says
China's annual economic growth rate in 2025 will for sure be faster than that of last year, said a senior economist, stressing that there is great possibility for the government to roll out additional policy support within this year. The year 2025 will be the year of turning around the Chinese economy, with a pickup in GDP growth rate, said Li Daokui, director of Tsinghua University's Academic Center for Chinese Economic Practice and Thinking, on Thursday. After the first quarter, the period a
2025-03-27