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Guanghua Thought Leadership

No

Project

Researcher(s)

National Development Strategy & Economic System Reform

1

National Development Strategy and Macro Policy Tutorial Research

Xu, Xianping

Introduction：?The project sorts out the systematic framework of national development strategies and macroeconomic policies. The results are published in the textbook Tutorial on National Development Strategies and Macroeconomic Policies, which provides an in-depth analysis of development strategies, opportunities, challenges and choices in key areas based on the five-year plan for national economic and social development.

3

15-Year Outlook of China’s Development - Strategic Thinking of the Five-Year Plans

Zhang Guoyou

Introduction：From the perspective of central planning, this project considers various factors, including the development of manufacturing industry, structure of enterprise clusters, changes in global economic environment, foreign investments, education, transportation and environmental production, science and technological progress, internet and digital infrastructure, and the modernization of agriculture and rural areas. We study the goal, direction, process, challenges, and results of interventions from the central government, and speculate the ideas, rules, and mechanisms. The analyses are conducted in stages with respect to major issues and directions, and reports are published regularly.

Macroeconomic Forecasting/Medium and Long-term Economic Growth/Fiscal Reform

1

Macroeconomic Forecasting

Chen Songxi

Introduction：This project provides a comprehensive analysis and policy recommendations from the perspective of models, indicators, and data. It includes a systematic study of the statistical and economic nature of the major macro indicators, as well as the dynamic structure. Based on the findings, we search for better policy portfolios, build an overall model of the economic system, and make recommendations on data collection and statistical methods.

2

Labor Market, Industrial Restructuring and Long-Term Economic Growth

Chen Yuyu

Introduction：This project delineates the current situation of China's labor market in four dimensions: efficiency, robustness, harmony, and outlook. Based on the findings, we forecast future growth trends and recommend policy portfolios to better improve the quality of China's labor force and human capital, optimize industrial structure, and promote sustainable economic growth.

3

Short-term monitoring of China and global macroeconomic indicators

Yan Se

Introduction：This project uses resources such as China Statistical Database and WIND database to select and construct representative indicators to monitor global economic development and forecast the future situation.

Development Finance

1

State Finance, Chinese Industrialization and Public Governance

Liu Qiao

Introduction：

Oral History of Entrepreneurs

1

Study on Ningxia Wine Industry Policies and Oral History

Zhou Li-an

Introduction：The main content of this project includes a study of the wine industry policy in the eastern foothills of the Helan Mountains in Ningxia and interviews with officials, scholars and entrepreneurs who have experienced the development process of this industry. Comparisons were made between Ningxia and other production areas to search for key factors that might influence the effects of industrial policies in the Ningxia production area. The research method of oral history was used to study the development of the enterprises and the journey of the entrepreneurs, with a view to recording, restoring, and excavating these micro business histories that form the basis of the grand narrative of industrial development.

The upgrade of pillar industries and innovation of business models

1

Manufacturing mode: innovation of manufacturing enterprises

Zhang Zhixue

Introduction：Through in-depth study of several enterprises, this project studies the transformation and innovation models of Chinese manufacturing enterprises, summarizes the organizational characteristics of outstanding manufacturing enterprises, and analyses strategic choices as well as resource integration and utilization for companies to catch up and innovate in the Chinese market. The findings of this project provide suggestions for the transformation and upgrading of Chinese manufacturing enterprises.

2

Study on the Innovation of Chinese Enterprises' Strategic Model

Lu Jiangyong

Introduction：Through the academic and case studies on the growth of enterprise entrepreneurship, this project obtains a systematic and dynamic co-evolution strategy system covering the life cycle of the enterprise. The findings of the project are published in the book "Co-Evolution Strategy: Redefining the Enterprise Life Cycle".

3

The Development of CPS and Future Manufacturing Industry: A Comparative Study of Chinese, German and American Policies and Capacity Building

Dong Xiaoying

Introduction：In the global reindustrialization, Cyber-Physical Systems (CPS) becomes a key system to achieve manufacturing upgrading. This study based on the Service-Dominant (S-D) Logic builds a unified CPS framework from the aspects of technology, capability and application. This paper also analyzes Chinese, German and American related policies and reports to compare the similarities and differences of three countries. Our research finds the global manufacturing is becoming user-centered. In the construction of CPS capability system, China pays great attention to strengthen the industrial foundation, Germany emphasizes highly on manufacturing industry integration, and the United States attaches great importance to the social forces enabled manufacturing innovation.?

4

Development Mode under the National Targeted Poverty Alleviation Strategy

Fu Shuaixiong

Introduction：This project focuses on the national policy of Targeted Poverty Alleviation strategy, through case studies. It investigates the various development models in these regions and reveals the patterns of China's targeted poverty alleviation work, in order to provide reference for other poverty alleviation work in more impoverished areas.

5

Technology-driven New Business Model

Zhai Xin

Introduction：This project studies the sharing economy, analyzes its significance for the Chinese economy, and explores the sustainable development model. We also comparing the similarities and differences between Chinese and foreign business models through case studies to sort out better business models based on the concept of sharing economy.

6

Enterprise-level service and value chain reconstruction

Zhang Ying

Introduction：

7

Retail and urban development

Zhang Ying

Introduction：

8

Family business governance and inheritance

Jin Li

Introduction：As firms grow, current strategies may no longer enable the firm to further increase profit and lower risk. Family businesses must monitor changes in the world market through enhanced management and constant innovation. Through case studies, this project aim to study the challenges faced by family businesses and their response.

New Finance

1

Financial Innovation: Motives, Technologies and Risks

Yang Yunhong

Introduction：Through literature review, market and industry survey, this project conducts a systematic study of financial innovation in China's financial market, which includes analyzing the driving factors of financial innovation, summarizing the methods and techniques of financial innovation, assessing the effects of financial innovation and various types of risks, and exploring the relationship between financial innovation and economic development.

2

Real estate financial innovation: REITs market construction and development

Liu Qiao

Introduction：The launch of REITs in China, especially public REITs, has two important implications. First of all, REITs are an important grip for supply-side reform of financial services. The launch of REITs is an implementation of the policy "cutting overcapacity, de-stocking, de-leveraging, reducing costs and improving weak links". REITs will revitalize various types of operating real estate, reduce the financial leverage of the government and enterprises, and resolve the maturity mismatch and high leverage risks in the credit market. The construction of REITs market can provide a feasible financial strategy for PPP and infrastructure investment, and promote the industrial upgrade of the real estate industry and the transformation of the profit model.

3

Fundamental Quantitative Investment and its Practice in China

Zhang Ran

Introduction：This project takes fundamental quantitative investment as its method, focuses on analyzing the fundamental value of companies, and combines the application of big data, machine learning and artificial intelligence, and explores with industry experts the ways to use fundamental quantitative methods to obtain excess returns in the Chinese capital market, so as to inject rational power into the Chinese stock market and promote market efficiency.

4

Wealth Management

Jin Li

Introduction：An increasing number of high net worth individuals choose to allocate assets globally in recent years, and they are facing challenges from new environment and regulation. From the perspective of an individual investor, this project investigates the characteristics and potential risks of asset management products. From the perspective of finance institutions, this project searches for wealth management models for private banking services, and develops an investment consulting mode that is centered around behavioral finance.

Data and Technology

1

Development and Prospect of Fintech

Liu Xiaolei

Introduction：Depending on the application, Fintech contains regtech, medical technology, smart wealth management, digital insurance, smart manufacturing, etc. Focusing on trending issues such as digital transformation of enterprises, fintech development and regulation, and blockchain application, this project provides a comprehensive analysis of the development history, current situation, and challenges of fintech.

1

Development Patterns of National-level Economic Development Zones

Chen Yuyu

Introduction：Through field research and case analysis, this project systematically sorts out the construction and management models of national economic development zones in China and provides suggestions for the innovative development of future zones.

2

Digital Transformation and Innovation: A Study of Best Practices in Chinese Manufacturing Enterprises

Dong Xiaoying

Introduction：Continuing the first phase of Guanghua Thought Leadership project, this project further discusses hot topics such as digital transformation and innovation, capacity building, and Intelligent Manufacturing 2025, visits manufacturing enterprises and establishes indicator systems and structures.

3

Study on Household (Durable Goods) Consumption Index in China

Fu Guoqun

Introduction：This project uses a combination of household surveys and questionnaires to compile a household consumption index to reflect more comprehensively and accurately the reality and future development trends of consumption at the household level, and to promote the construction of a household consumption database to provide basic data for the study of household consumption and use of different types of products and services.

4

Construction of Operation Management Course Teaching Platform

Huang Tao

Introduction：This project focuses on the construction of Operation Management, one of the core courses of management, and the results will be presented in the form of platform software and case sets. The project team plans to sort out the curriculum teaching system, build a system platform, and use simulation experiments, case analysis and other methods to improve the teaching effect.

5

Course Development of China's Finance

Jia Chunxin

Introduction：This course will describe the background of China's financial industry, combing of the history of China's financial development, based on academic research, problem oriented, reflecting on the historical choice of the key point of reform and opening up of the financial industry, summing up the experience of the development of Chinese financial industry. This course will contribute to the deep integration of the financial theory and Chinese practice, and make a prediction on the future development direction of China's financial industry.

6

Study on Sports Sponsorship and Event Experience Management

Jiang Minghua

Introduction：Studyon Sports Sponsorship and Event Experience Managemen

7

Study on the Theory, Mechanism, System and Policy of Implementing Rural Vitalization Strategy

Lei Ming

Introduction：This project conducts comprehensive research on the theory, mechanism, system and policy of implementing rural vitalization strategy. Based on the basic principles of adhering to the priority development of agriculture and rural areas as well as integrated development of urban and rural areas, the project conducts a study on the basic mechanism, system construction and policy system for rural vitalization, and provides theoretical basis and policy support for promoting the implementation of rural vitalization strategy.

8

Study on Long-run Objectives Through the Year 2035 and Outlook for 2050

Liu Qiao

Introduction：This project aims to deepen the understanding of the goal to achieve basic socialist modernization by 2035 and fully build a modern socialist country by 2050. It proposes specific targets and representative indicators, carries out visionary depiction and multi-scenario projections, analyzes the potential threats, and studies the major policy goals of the 14th Five-Year Plan.

9

Local Government Finance in China

Liu Qiao

Introduction：Local government finance in China

10

Digital China in 2035

Liu Xiaolei, Wang Chong

Introduction：This project revolves around the topics of blockchain, big data, and commercial applications of artificial intelligence technologies, and enriches the fintech-related curriculum by preparing cases and teaching materials to enhance students' understanding of the latest such as cryptocurrency (Bitcoin) market, the concept of blockchain, and its latest applications in the financial field.

11

Investor Education in China: Behavioral Theory and Practice

Liu Yu-Jane

Introduction：Through literature dredging, empirical evidence, expert interviews, this project sorts out the current development status and main problems of investment advisory and investor education related services and programs to think about and solve the fundamental issues such as the importance of investor education arguments. At the same time, the behavioral bias of investors in China and the impact of each type for bias on investor performance and social welfare are evaluated. As a result, the basic guidelines and implementation framework of investment advisory and investor education from the perspective of behavioral finance and the framework of financial product design based on investor behavioral biases are proposed.

12

Organizational Culture Construction in Chinese Firms: Research on Rituals’ Forms, Functions, and Intervention Measures

Liu Zhi

Introduction：This project aims to investigate the primary forms, functions, and mechanisms of rituals in Chinese companies, the relationship between rituals and organizational culture, and rituals’ impacts on individuals, teams and organizations. The project consists of multiple studies using both quantitative and qualitative methodologies such as interviews, field surveys, laboratory experiments, and field experiments. The results of the studies will help organizations to design their rituals and, more broadly, their culture in order to change and nudge their members’ attitude and behavior effectively. The research can also provide insights for the development and maturation of organizational culture in Chinese companies.

13

Financial Integrity and Reputation in China's Capital Market: Insights from the Field

Lu Hai

Introduction：The research project examines the information quality of listed Chinese companies based on field-based research methods such as in-depth surveys and interviews. Thereby, it aims to compare and reconcile the findings from different international capital markets and unravel related explanatory mechanisms. It further promotes the development of theoretical frameworks to improve corporate governance considering the diverse institutional features of capital markets. The research findings can help investors better understand the behavior of listed companies and improve investment efficiency; it can also be a reference for regulators to develop relevant systems and improve supervision.

14

Study on Social Impact Bond (SIB) Model and Practice

Lu Ruichang

Introduction：Social Impact Bond emerged in recent years as a creative financing method to solve the problem of insufficient social public services due to the shortage of government funds. The bond is financed by investors to operate the project, the project contractor to implement the project, and the government to pay the investors according to the effect of project implementation. The project team cooperates with the industry to carry out study on the landing of Social Impact Bond, and provides policy recommendations and regulations for the design, issuance and trading of domestic Social Impact Bond by combining theoretical research and problems encountered in practice.

15

Study on the Motives, Means and Consequences of Leverage Manipulation by Chinese Enterprises

Lu Zhengfei

Introduction：This project combines theoretical analysis, case study, large sample empirical research, and interview method to conduct an in-depth and systematic research on the motives, means and consequences of corporate "leverage manipulation", so as to enrich and deepen our understanding of the motives, means and consequences of corporate "leverage manipulation". The study will help people to understand and evaluate the level of leverage, debt risk and corporate governance of Chinese enterprises more comprehensively, and thus help to further deepen the supply-side reform of enterprises and improve the regulatory system of securities market.

16

China Venture Capital Return Study

Luo Wei

Introduction：Successful exits such as IPOs or mergers and acquisitions are heavily promoted by venture capital institutions and venture capital funds, yet the performance returns of venture capital funds are kept secret. This topic uses publicly available data to estimate the returns of venture capital funds, not only to provide a reference for potential investors, but also to test the effect of policies in the industry.

17

China Management Course Development

Ma Li

Introduction：The aim of this project is to support the management teaching of global entrepreneurs in Chinese market through case studies and translation of thesis results. We discuss the localization of foreign companies in China, internationalization of Chinese companies, multinational strategic alliances and other issues closely related to multinational enterprises.

18

The Conundrum of Sense of Gain: Customer Mindset and Demand Management in the Process of Social Transformation

Peng Siqing

Introduction：In the process of social transformation, "Sense of Gain" is influenced by many factors. To effectively enhance people's sense of gain, it is necessary not only to improve objective achievement, but also to effectively manage the various factors that affect sense of gain. For example, at the government level, it is necessary to work for the welfare of the people while avoiding raising excessive expectations; at the enterprise level, it is necessary to create value for customers while balancing the interests of multiple parties. Based on theoretical analysis and research data, this project explores the connotation of "Sense of Gain" and the factors that affect it from an academic perspective, revealing the socio-economic conditions and cultural-psychological foundations that support it. Based on academic research, we propose policy recommendations and management suggestions.

19

User behavior insights in the digital economy

Qiu Lingyun

Introduction：Along with the explosive development of China's digital economy, a large number of Internet companies and traditional companies in transition are using various emerging digital technologies. This project uses a variety of research methods, including enterprise research, natural experiments, laboratory experiments, and big data analysis, to study user behavior under the digital economy in depth from three entry points: the design of digital products, the implementation of differentiated pricing, and consumers' attitudes toward AI.

20

Technological Innovation and Economic Growth: An Empirical Microscopic Study in a Macroscopic Perspective

Ren Fei

Introduction：This topic is analyzed at multiple levels, from macro level to micro basis, from provincial level to enterprises, to measure the impact of technological innovation and innovation spillover on economic growth and enterprise performance, and on this basis, to explore the mechanism of the effect of innovation spillover.

21

Research on Internet content payment business model and consumer behavior

Shen Qiaowei

Introduction：This topic is studied from two perspectives: the online content's consumption and provision. In terms of online content consumption, we study regional differences in online content consumption, individual behavior, and the relationship with offline consumption. In terms of online content provision, we focus on the knowledge economy and study the business model and mechanism design.

22

Case Study on Cross-border Acquisitions of Chinese Enterprises

Tang Guozheng

Introduction：This project aims to analyze the experiences learned from cross-border acquisition transactions of Chinese enterprises through the analysis of typical cases . By clarifying the gains and losses of acquisitions, it helps Chinese enterprises improve their overall level of cross-border acquisitions.

23

Medium and Long-term Trends in the World Economic and Financial Cycles

Tang Yao

Introduction：This project analyzes and forecasts the international economic environment China faces during the 14th Five-Year Plan period, studies the cyclical phases of global economic output and finance, the evolution of global value chains, total factor productivity trends, and their potential impact on the Chinese economy.

24

Rural Information Empowerment

Wang Chong

Introduction：By cooperating with domestic microfinance, Internet education, Internet social platforms and related charitable foundations, and drawing on international experience, and combining research and data analysis, this project proposes a theoretical framework for information empowerment in rural development, conducts in-depth study on the empowerment mechanism and effects of information technology in rural development, and summarizes the theory and practice of information empowerment applicable to China's national conditions.

25

Chinese Leadership Based on Empirical Evidence

Wang Hui

Introduction：This project compares the study on Chinese leadership and investigates domestic companies with outstanding leadership. We summarizes the leadership behaviors and patterns based on Chinese companies, and provides an empirical basis for leadership study and teaching

26

University Social Responsibility: Analytical Framework and Evaluation

Wang Liyan & Jiang Wanjun

Introduction：By combing the USR (University Social Responsibility) behavior model adopted by the world's leading universities in Europe and the United States, as well as the current situation of social responsibility in major universities, business schools and management schools in China, this project analyzes the impact and guidance that USR is having on sustainable ecological development and social responsibility.

27

Research on Systematic Risk in Capital Market：Based on MMVaR Method

Wang Zhicheng

Introduction：This project summarizes the current status of research on systemic risk and risk contagion by combing existing theoretical studies; introduces a new systemic risk measurement method based on the MMVaR method by improving the latest international systemic risk measurement method CoVaR, and conducts a comparative analysis by combining research and relevant data from major large banks, insurance, securities and other financial institutions, as well as relevant regulatory agencies.

28

A Study on the Pricing of CPA Audit Services

Wu Liansheng

Introduction：Study on the pricing of CPA audit services

29

Study on Sino-foreign Economic Cooperation Zones in Countries Along the Belt and Road

Wu Changqi

Introduction：This study comprehensively compares the current construction status, location distribution and industrial layout of China's foreign economic and trade and industrial parks, and analyzes the role played and problems encountered by foreign economic and trade and industrial parks in China's outward direct investment. On this basis, we propose policies and measures to further promote the healthy development of overseas economic, trade and industrial parks, and provide suggestions and guidance for Chinese enterprises' outbound direct investment, overseas economic, trade and industrial parks and the construction of the Belt and Road.

30

The Strategic Business Model and the Way to Success of Chinese Enterprises in the new era

Wu Yajun

Introduction：By analyzing the business models of Huawei, Suning, Tencent, Alibaba and other enterprises, this project summarizes the business models and experiences from excellent Chinese enterprises for the new era in two ways: the transformation of traditional enterprises and the development of internet companies in industrial sectors.

31

Opinions on the economic rising of China from other Belt and Road countries

Xie Yu

Introduction：This project cooperates with universities and enterprises to investigate several countries along the “Belt and Road”, collect first-hand data on the views of the local people on the rise of China, promote international economic and trade study, which makes future investment and makes suggestions about “Belt and Road” policy formulation at the same time.

33

Medium and long-term macroeconomic monitoring of China and the world

Yan Se

Introduction：This project is divided into two parts: short-term macroeconomic testing, medium- and long-term trend study. The first part analyzes domestic and foreign, monthly and quarterly data, monitors major policy changes and hot issues, and predicts future short-term trends. The second part of the project is the change of China's economic growth pattern, the prediction of potential growth rate, the cyclical changes of the world economy and the mid- and long-term development trends.

34

Intellectual Property Protection and Patent Strategy

Yi Xiwei

Introduction：Through cooperation with the industry and overseas universities, this project uses patent litigation data to explore its impact on the core elements of corporate strategy. The project results have enriched the study and teaching of intellectual property protection and the patent strategy of enterprises in the context of globalization.

35

The spatial flow of population in the tide of urbanization in China

Yu Jihai

Introduction：Based on the theory of urban development, this project explores the current population distribution characteristics and the role of local governments in this process. At the macro level, common laws are extracted from the development characteristics and population flow trends of various cities, and provide guidance for grasping the characteristics of China's urban population flow.

36

Structure analysis of the leadership team

Zhang Jianjun

Introduction：This project is based on the study of cases including the leading groups of enterprises, party and government departments, and famous leading teams in history, combined with in-depth interviews and observations of enterprises and government departments. It summarizes what kind of combination of abilities, qualifications, gender and roles of the members can improve the efficiency of the team during the formation of the team, and makes suggestions for the staffing of enterprises and party and government departments.

37

The flow of factors and the spatial mismatch of resources between Chinese cities

Zhang Qinghua

Introduction：This project mainly discusses the allocation of factors of production (capital, labor and land) on the city level, investigates its trends and issues, and estimates the welfare loss brought by market inefficiency through counterfactual analysis.

38

Entrepreneurs’ Oral History

Zhang Yichi

Introduction：This project uses personal experience to review the growth of representative entrepreneurial companies in the form of oral history. It aims to reflect the overall development of entrepreneurial projects while focusing on the impact of key historical moments and micro-events, and then reveal the interweaving interaction and the relationships between the entrepreneur’s individual characteristics, professional background and market opportunities, the direction of the projects. Presenting the underlying logic that determines the success or failure of a startup.

39

Digital Economy and New Business Model

Zhang Ying

Introduction：

40

Consumption inequality and economic development

Zhang Yu

Introduction：This project uses China's rapid economic development process and high-quality full-sample micro data to test theories related to economic development and consumption inequality, and provide breakthrough empirical evidence and applicable policy recommendations.

41

Teaching and research of cultural and creative industry courses

Zhao Longkai

Introduction：The project continues to improve the curriculum system and upgrade the content of the curriculum on the basis of the established cultural industry courses; cooperate with institutions that match the qualifications and resources to develop new cultural (creative) industry courses, and provide support for teaching with various results.

42

Course Development of "Chinese Economy"

Zhou Li’an

Introduction：This course will tell and analyze the history and reality of China's economy from the two dimensions of economic development and institutional change, focusing on the operating mechanism, development performance and internal logic of China's economy during the planned economy period and the reform and opening period. The characteristic of this course lies in analyzing and telling the "Chinese story" based on economic theory and cutting-edge study literature, understanding the operation logic and evolution process of the Chinese economy from the perspective of the interaction between the market and the government, and defining and analyzing the Chinese economy from the perspective of international comparison Development performance and its governance characteristics.

43

Implementation path and major measures of improving the market-oriented allocation of factors of production

Zhou Li’an

Introduction：The project conducts in-depth and systematic study on the key breakthrough area of factor market reform, systematically combs and analyzes the implementation path and major reform measures of the market-oriented allocation mechanism of the four elements of labor, land, capital and technology, in order to finally break the labor market To lay a solid foundation for dividing and building a unified urban and rural construction land market, and realizing the healthy development of multi-level capital markets and technology markets.

44

Oral History study on the Evolution of the “Five-Year Plan" System

Zhou Li’an

Introduction：This project uses the study method of oral history, starting from the four aspects of organization, data, personnel, and process, and records the preparation of the "five-year plan" system that people have experienced. The study team passed on the historical details behind the planned operation to the public through oral history collections and oral history video cases.

45

Population Aging and China's Long-term Economic Growth

Zhou Yi

Introduction：This project aims to clarify the interactive relationship between intelligent production and economic development in the context of population aging. Through cooperation with the industry and overseas universities, the study group jointly explores intelligent production as an alternative means to compensate for the decline in labor size to buffer, and even solve the potential path of the negative impact of aging on economic growth, as well as industrial support policies for intelligent production.

National Development Strategies and the Macro Economy

2

Monitoring and Forecasting Chinese and Global Economies

Yan Se

Introduction：International and domestic situations have a tremendous impact on financial markets and the real economy. By monitoring data such as PMI, foreign exchange reserves, inflation, trade, currency, balance of payments, corporate data, this project forecasts future macroeconomic trends, major domestic policy changes and trending issues. The project also involves analyzing the impact of other major economies on China’s financial market and real economy, such as the United States, Europe, and Japan.

3

Conduction and Investment Mechanisms of National Keypoint Projects

Liu Qiao and Zhang Zhixue

Introduction：Among China's economic miracles over the past 40 years, it is a consensus of China’s model of economic development that infrastructure has obtained significant achievements. The major national development projects are deeply incorporated into the overall economic and social development. China needs to further increase the growth rate of Total Factor Productivity. Re-industrialization and new infrastructure may become the driver for future economic growth. This project focuses on the investment and financing model, investment efficiency estimation, and transmission mechanism of these projects. We hope to provide policy recommendations based on academic research, and help achieve balanced, sustainable and inclusive development of China's economy.

4

Classical Cases of High-Quality Development in the Belt and Road Initiative

Zhao Longkai

Introduction：The "Belt and Road" initiative has gradually become a platform for international cooperation, common development of all participating parties and sustainable growth of the world economy. It is a systematic project that involves research from both home and abroad and requires interdisciplinary and multi-disciplinary studies. At the same time, over the past forty years of reform and opening up, China has made great achievements that attracted worldwide attention, and countless outstanding cases of Chinese enterprises "going abroad" have emerged. Based on the practical experience of China's reform and opening-up, this study features the development strategies, development paths, development models and concepts of Chinese enterprises.

5

Guanghua-World Bank "MOOC on China Development Model"

Mo Shujun

Introduction：Peking University's "Belt and Road Institute” plans to launch a MOOC on "Understanding China's Development" in collaboration with the World Bank in the 2020-2021 academic year. The courses are divided into three series: "Chinese Economy" "Chinese Finance" and "Chinese Management". The lecturers, mainly professors from Guanghua, will provide rational, systematic and profound lectures on these three fields from the perspective of scholars based on objective data, empirical studies and cases. It covers the background of China's economic development, the history of reform and opening up, the opportunities and challenges of the new era, how the financial system supports economic development, as well as the micro foundations of China's development - 40 years of changes in Chinese enterprises, innovation and transformation, and China's business environment, etc. From macro to micro

Industrial Interconnection, 5G and Business Model

1

From Consumer Internet to Industrial Internet: Challenges and Paths

Liu Xue

Introduction：Manufacturing plays an important role in promoting high-quality development of economy and industry. At present, China is in an important period of strategic opportunities, and industrial internet may become a lever to high-quality development of the industry. Commercial practice of the industrial Internet is progressing in twists and turns. Based on case analyses of representative platforms of industrial Internet and consumer Internet, this project studies the similarities and differences between industrial Internet and consumer Internet platform, and identifies the value creation, challenges and opportunities, risks, paths and strategies of developing industrial Internet, and puts forward recommendations for policies.

2

Ten Cases of Industrial Interconnection

Ma Li

Introduction：Technologicalprogresses affect the mode of production, and put forward new requirements for management.Represented byCloud, 5G and Industry 4.0, the digital economyhas brought new opportunities and challenges to the traditional industriesand Internet, which will have a profound impact on the industrial ecology. Which companies are embracing the change? Whichare readyto try?This project investig...

3

Alibaba’s digital case

Zhang Ying

Introduction：

Research on AI and Its Application Scenarios

1

Interdisciplinary platform "Artificial Intelligence and Social Science"

Meng Juanjuan

Introduction：Artificial intelligence is a technology that will greatly subvert the society in the future, and its influence will be reflected in all aspects of human life. As a business school that stays on the forefront of academic research and business practice, Guanghua is committed to study the social and economic issues generated artificial intelligence. The platform will study the issues using various approaches, such as academic research, case study and policy work. The platform aims at strengthening cooperation with government, industries and research institutions to promote the scientific research and business application of artificial intelligence.

2

AI and Patents

Zhang Zheng

Introduction：The quantity and quality of patents have become an important indicator to measure the competitiveness of science and technology of a country or industry. Although the number of patent applications in China has been growing rapidly, there are stillroom for improvementinterms ofthe quality of patents.The team would utilizeNaturalLanguageProcessing based onDeepLearning to construct the correlation...

3

AI and Chinese Judicial Documents

Liu Qiao

Introduction：Improving the judgment quality of commercial cases,especially reflected in the consistency of judgment standards,is key to creating a legal business environment. The consistency of judicial decisions is the most direct indicatorofthe implementation of law, providing stable, fair, transparent and predictable guidance for commercial activities. Thisprojectuses text analysis andNaturalLanguageProc...

4

Can All Humans Benefit from AI Assistance? Algorithm Aversion and Overconfidence

Meng Juanjuan

Introduction：To what extent can AI assistance improve human decision comparing to human or AI alone? It is a crucial question that has profound policy implications. We experimentally study this issue in a setting of loan approval decision based on historical cash loan data. We find that human decision with AI assistance improves upon human decision alone, but still cannot beat AI alone. However, subjects demonstrate algorithm aversion in the form of AI information underweighting, which is significantly related to overconfidence. AI assistance narrows the performance gap among subjects; surprisingly, due to the underweighting bias some originally good-performers suffer from it.

5

Looking for Portraits of Successful Innovation Enterprises from the Perspective of Science and Technology Policy and Media Coverage

Li Yizong

Introduction：Enterprise innovation is an important source of economic growth. Finding a way to promote innovation of enterprises successfully and effectively is an important issue that policy makers need to constantly address. Based on the theories of enterprise innovation, the text analysis and AI technologies, this project try to construct a good evaluation system to predict a successful innovative enterp...

6

Research on Industrialization Strategy of AI and Intelligent Network Connected Car

Wang Tiemin

Introduction：The automobile industry is a pillar industry in the development of national economy. New trends in the world automobile industry include getting vehicles connected, autonomous, shared with services, and electric. Policy-makers in China advocate that AI technologies should not only be applied to vehicles, but also to the reconstruction of urban transport system comprehensively. Based on the penetration of AI technologies in the automotive industry, this research project selects several representative enterprises to explore how to better deal with the scaling up of new technologies and products. We focus on analyzing the strategic choices and cooperative behavior of different enterprises? and evaluate their effectiveness. The project alsodiscusses?the roles of industrial policies and industrial alliances in the development of ICVs in China.?

7

Research on Intelligent Market Listening Based on Al Natural Language Processing and Industrial Knowledge Map

Zheng Xiaona

Introduction：Current research on market feedback mechanism based on commodity evaluation system methodology and big data processing techniques has not yet made significant progress, due to the immaturity of natural language processing technology and the large deviation caused by the lack of sample data. This research aims to comprehensively utilize the latest natural language processing and industrial knowledge mapping technology to solve the above problems. It studies popular commodities on e-commerce websites and social media, collects massive public opinion and evaluation data supplemented by surveys, deeply excavates the natural language processing technology such as deep transfer learning, and constructs the knowledge map of the corresponding industry. The aim is to comprehensively and truthfully reflect the real situation of the industry and the companies, provide support for the comprehensive research and judgment of enterprises and industries, and predict the future trend.

Infrastructure Development and Urbanization Research

1

Calculating the Return on Investment for China's High-Speed Rail (HSR) : Operation and Profitability Model

Wang Liyan

Introduction：According to a report by the National Bureau of Statistics, China's railroad mileage has reached 131,000 km by the end of 2018, a five-fold increase from the end of 1949, of which 29,000 km were high-speed railroads, accounting for more than 60% of the world's total high-speed railroads. China has built the world's largest high-speed railroad network, which has made an impact far beyond the railroad industry itself and brought changes in urban development patterns, promoting tourism and regional economic growth. In the development of high-speed rail, it is important to balance the broader economic and social benefits of improved connectivity with financial viability. This project examines the economics of high-speed rail construction and operation from the perspective of the operation model of rail transportation.

2

Report on Urban Infrastructure and Urban Development in China

Chen Yuyu

Introduction：

Management Innovation and Industrial Upgrading

1

Platform Construction Project: Interdisciplinary platform "Management Innovation in China"

Zhang Zhixue

Introduction：Guanghua School of Management, Peking University, was established during China's reform and opening up. It has witnessed the changes in China's business environment. At present, companies need to deal with the problem of achieving business growth when economic growth is slowing down. In the context of increasingly fierce competition in the traditional market,enterprises must achieve innovation and transformation and build organizational and R&D capabilities. Chinese enterprises are also facing new organizational changes and innovations under the background of artificial intelligence, etc. These situations are both threats and opportunities for enterprises, and they also provide management scholars with valuable research opportunities.

2

Research on collaborative management of Enterprise Digital Transformation

Lu Jiangyong

Introduction：The digital economy has become an important driving force for global economic growth in the 21st century. How to realize leapfrog development in the intelligent revolution of digital transformation has become a key question in both theory and practice. This project studies the enterprises' choice for digital transformation, including the key driving factors, path and mode, its relationship with...

3

The Impact of the Digital Age on the Financial Industry

Yang Yunhong

Introduction：

4

Maturity and influencing factors of digital transformation of Chinese enterprises

Dong Xiaoying

Introduction：With data and knowledge as key factors of production, the digital economy has become a new driving force for China's high-quality and innovative development. Despite the rapid digital transformation, there are still many challenges such as policy making, transformation methods, capacity building, and talent training. Based on data investigation and case study, this project proposes a maturity m...

Sharing and integrating social and micro-economic data

1

Platform construction project：“Applied research Based on micro Big Data”and Cross-platform construction

Liu Hongju

Introduction：Big data has been increasingly applied in business practice and academic research. Guanghua School of Management established an interdisciplinary platform for applied research based on micro big data. With the data development as a starting point, it cooperates with external institutions, promotes the sharing and utilization of existing data resources, and provides data support and services. The platform will strive to promote collaborative research in the field of big data, and enhance the understanding of macro phenomena through micro mechanisms and micro issues.

2

Analysis of Mechanism design and policy effect of the microstructure and liquidity of financial markets

Liu Qiao

Introduction：

3

Operating conditions of private enterprise and small and micro businesses

Shen Qiaowei

Introduction：The private economy and small and micro businesses are the new forces of China's economy, which have made important contributions to economic development and employment. As China's economic and social development has entered a new stage, a series of deep-seated and structural problems in economic and social life have emerged and accumulated. The external environment for China's economic and soc...

4

Finance research based on users’ payment big data

Liu Xiaolei

Introduction：

5

Integrated research about recent economic and financial development history and archival data

Gong Liutang

Introduction：In the last ten years, the research method of economic history has undergone continuous innovation. Big data and text analysis has become applied in the study of economic history. Oral history and physical anthropology also reshaped the theoretical interpretation of economic history. This project explores and regulates the historical archives to study innovations in the field of business and economic history, including Chinese and foreign comparative economic history, Chinese economic history, modern financial history, the history of the modern enterprise, and oral history from the entrepreneurs. The project hopes to grasp the law of economic development and enterprise practice, bridge the dialogue that has Chinese attitude of the theoretical framework of economic history with the west, making Chinese discourse system’s logic of economic and social development more solid.

6

Research on Social Credit based on big data

Chen Yuyu

Introduction：

7

Research on the reassessment of Chinese income inequality and its related mechanism

Jiang Wanjun

Introduction：At present, the academia focuses mainly on the measurement and improvement of Gini coefficient when talking about income inequality. However, Gini coefficient is the aggregation of income inequality of all income classes in the whole society, which cannot accurately measure the specific income distribution characteristics of Income inequality. This project investigates Lorentz curve and the Concentration curve, which measured the distribution of income inequality and the distribution trends in different time and policies.

8

Research on the Vicissitude and Function perfection of housing accumulation fund system

Zhang Zheng

Introduction：In recent years, through constant self-adjustment and improvement, the housing provident fund system is operating in a more humane and meticulous manner. Yet fairness problem arises, the original function of mutual financial purchase is weakened, the operating efficiency of funds becomes a concern and liquidity risk increases in some places. The housing provident fund system needs further investigation and restart after deepened reform.

Industry research in comprehensive health

1

Research in Chinese pharmaceutical industry

Wang Rui

Introduction：Medical and pharmaceutical industry is an important part of China's national economy. It is predicted that thegross value of industrial outputof China's pharmaceutical industry will grow at a compound annual growth rate(CAGR)of 22% in the next ten years. The medical industry is of strategic importance, anditshealthy development is economically and socially crucial. This project focuses on sorting andstudyingthemedicine-related reform policies at the macro level, so as to combine qualitative and quantitative methods, and publish reports for policy-makers as well as academia. At the micro level,wemainly explore new business models and study future development trends for the pharmaceutical production industry, pharmaceutical distribution industry and other related industries.

2

Organizational innovation in hospitals：the Health service model that Focus on the patients

Zhang Zhixue

Introduction：Health industry will be increasingly important in China’s economic development. With satisfying the need of patients as their goal, hospitals are a type of institution that gathers knowledge, technology, and service. Studying the organization and management of hospitals is of great empirical value, while discussions of the relationships among hospitals, patients, healthcare workers and new technologies in China has the potential to create new organizational theories in academia. This project studies the management practices of China’s top hospital, through various angles such as external environment, selection and training of healthcare workers, purchase of equipment and medicines, treatment and care for patients, as well as patients’ experiences and feedback. It analyses the excellent organizational model for top hospitals and provides advices for the healthcare industry.

3

Empirical research about the medical care system reformation

Liu Hongju

Introduction：In recent years, government has made great efforts to promote the reform of the medical and health care system and introduced a series of reform measures at all levels. Some local governments have also made meaningful explorations. It is difficult to make a simple judgment on the effect of these reforms because of their wide scope and different conditions in different regions and sectors. This project selects important reform measures and conducts a scientific, comprehensive, and in-depth empirical analysis of their impact, hoping to provide reference for the next step of policy making.

Special funding support by Cao Fengqi Fund

1

Coordination strategy in China’s Capital Market

Liu Yu-Jane

Introduction：China’s capital market is mainly composed of main board market, second board market, and new OTC market. To spur the vitality of market and the protection of investors’ rights under the current capital market structure, it is crucial to promote the synergy between STAR market and other existing markets, which is the major topic this project explores.

Macroeconomics & National Development Strategy / the 15th Five-Year Plan

1

Economic and Social Development Objectives for the 15th Five-Year Plan Period

Qiao LIU

Introduction：This research focuses on the key objectives for basically achieving socialist modernization by 2035, with careful consideration of external factors, resource constraints, and risk management. We identify total factor productivity (TFP) growth and per capita GDP growth rates as the primary indicators of economic and social development for the 15th Five-Year Plan period (2026–2030). Emphasizing ...

2

Research on Enhancing Total Factor Productivity

Li-An ZHOU

Introduction：This research aims to deepen scholarly understanding of the evolution of China’s total factor productivity (TFP) over the past forty years while identifying its future potential and trends. Utilizing the growth accounting method, the study measures and analyzes national TFP growth and its phased changes, systematically illustrating the internal relationship between China’s economic growth and...

Driving Mechanisms of China’s Economic Development

3

Policy Pathways for Optimizing Urban Spatial Structure: Innovation and Sustainable Development

Qinghua ZHANG

Introduction：Over the past decades, China’s urban spatial structure has undergone profound transformations. The efficient organization of urban spaces is crucial for maximizing agglomeration effects, fostering innovation, and mitigating negative externalities such as traffic congestion and environmental pollution. Optimizing urban spatial structure is essential to enhancing productivity, unlocking new driv...

4

Research on Improving the Regulatory System and Mechanism for Natural Monopoly Industries

Xi WENG

Introduction：The Third Plenary Session of the 20th Central Committee of the Communist Party of China proposed to“promote market-oriented reforms in competitive operations within natural monopoly sectors such as energy, railways, telecommunications, and public utilities, expand market access for competitive operations, introduce more market competition mechanisms, and strengthen oversight over natural monop...

Population and Society

5

Aging Population, Life-Cycle Consumption, and the Silver Economy

Yi ZHOU

Introduction：By the end of 2020, individuals aged 65 and older accounted for more than 14% of China’s total population. This demographic shift has profound implications for various economic sectors, including labor supply, household decision-making, and corporate strategies. This research incorporates theories and methodologies from economics, sociology, and demography, drawing on both macro- and micro-lev...

6

Fertility Levels, Realization Rates, and the Development of Pronatalist Policies in China

Jia YU

Introduction：Boosting fertility rates and achieving moderate population growth are crucial for maintaining a balanced population structure, which is aligned with China’s long-term development strategy. This research adopts a life-cycle perspective to estimate fertility levels and recuperation effects. The concept of the "fertility realization rate" is introduced to examine the gap between desired and actua...

7

Estimating the Overlapping Pressure of Childrearing and Elderly Support in Chinese Families

Hao DONG

Introduction：As China's declining birth rates and population aging trends intensify, along with adjustments to fertility policies such as the "two-child" and "three-child" policies and the introduction of fertility support and elderly care measures, family responsibilities are undergoing significant changes. This study aims to deepen the understanding of these demographic shifts and systematically summarize...

Economic and Management Issues in the Digital Economy

8

Bidirectional Interaction Between Intelligent Systems and Professionals: Empowerment and Reverse Nurturing

Zhixue ZHANG

Introduction：Based on the concept of intelligent virtual manufacturing technology, this project explores the transformative impact of introducing and applying intelligent technologies to the development of China's integrated circuit (IC) manufacturing industry. By investigating smart IC virtual manufacturing processes, the study examines the dynamic interaction and mutual reinforcement between intelligent s...

9

Application and Impact of AI-Enabled Human Resource Management

Kaifeng JIANG

Introduction：In recent years, the application of artificial intelligence (AI) technology has made significant advancements across various sectors. In human resource management (HRM), AI has shown great potential in streamlining recruitment processes, improving employee training efficiency, and optimizing talent management practices. This study examines the use of AI-enabled HRM in Chinese enterprises, focus...

10

The Impact of Generative AI on User Behavior and Platform Governance in Social Q&A Communities

Lingyun QIU

Introduction：Social Q&A Communities (SQACs) like Zhihu, Quora, and Stack Overflow have become essential platforms for knowledge dissemination and acquisition. Users seek information by asking questions, while sharing insights and answers contributes to collective intelligence, promoting knowledge exchange and distribution. However, the rapid development of generative AI technologies, especially tools like C...

11

The Intermediary Role of Data Platforms: Economic Consequences of Data Sharing and Impact on Capital Markets

Ruichang LU

Introduction：In the digital age, data has emerged as a critical asset, with its sharing and application profoundly impacting economic decision-making. This study investigates the evolving role of data platforms as financial intermediaries in the digital economy and assesses the effects of data sharing on corporate performance, investment behavior, asset pricing, and systemic risk. By examining these dynamic...

12

Research on the Industrial Applications of Smart CBDC

Xiaolin XIAO

Introduction：China is the first major economy to pilot a central bank digital currency (CBDC) for retail use. This research explores the applications of smart digital currency, which refers to the digital yuan (e-CNY) integrated with smart contracts, across various industries and evaluates its impact on related sectors within China. The project aims to identify industries and scenarios where smart CBDC demo...

Industrial Development, Rural Revitalization, and Common Prosperity

13

Comparative Case Study on Common Prosperity from the Perspective of Stakeholder Theory

Yanlong ZHANG

Introduction：The role of businesses in contributing to the achievement of common prosperity within the framework of Socialism with Chinese Characteristics has become a critical area of inquiry. This project aims to provide an in-depth comparative case analysis, focusing on representative regions and enterprises to identify both common patterns and distinctive characteristics in industrial development. The s...

14

Behavioral Study on Rural Revitalization: The Perspective of Frontline Workers

Zhi LIU

Introduction：Ensuring a smooth transition from poverty alleviation to rural revitalization is crucial for the comprehensive construction of a modern socialist country and the achievement of China's second centenary goal. This research focuses on frontline rural workers, who include but are not limited to civil servants, non-government organizational members, and business firm employees. By bridging the reci...

15

Administration and Maintenance of the Online Survey of Micro-and-Small Enterprises (OSOME)

Xiaobo ZHANG

Introduction：As crucial components of the market economy, micro, small, and medium-sized enterprises (MSMEs) serve as the economy's capillary system, a reservoir for employment, and a stabilizer for society. Industrial clusters, where most MSMEs operate, are instrumental in promoting local economic development, fostering employment, enhancing economic resilience, and achieving shared prosperity. This resear...

16

Different Pathways to Common Prosperity: A Comparative Study of Zhejiang and Shandong

Jianjun ZHANG

Introduction：Zhejiang and Shandong, two exemplary Chinese provinces with flourishing private economies, each present distinct regional development models. Zhejiang is renowned for its vast network of small and medium-sized enterprises (SMEs), where relationships between entrepreneurs and employees are characterized by a strong contractual spirit. In contrast, Shandong employs a more centralized development ...

New Narratives of China’s Economic Development: Key Industries, Representative Cities, and Regional Development

17

The Growth Patterns of Chinese“Specialized and Sophisticated” Enterprises and Policy Advices for their Further Development

Hui WANG

Introduction：“Specialized and Sophisticated enterprises”(SSEs) refer to high-end, innovation-driven small and medium-sized enterprises (SMEs) that showcase the potential for SMEs to achieve substantial success. These enterprises play a pivotal role in advancing new industrialization and fostering new productive forces. This research utilizes in-depth interviews, case studies, and participatory observation...

18

Seventy Years of Industrial Development in the People’s Republic of China: A Study Based on Industrial Policy

Bo LI

Introduction：This research focuses on China’s industrialization process under Socialism with Chinese Characteristics, specifically examining the impact of the Soviet-assisted "156 Projects" from 1950 to 1957 on China’s industrial development. Using a novel micro-level perspective and empirical research methods, the study explores the influence of the "156 Projects" on regional enterprise entry and the dev...

Prominent issues in Corporate Development: Chinese Enterprises Going Global, Digitalization, ESG, High Quality Enterprise Development, and Management Challenges

19

Green Finance and the High-Quality“Going Global”of Chinese Enterprises

Jiangmin XU

Introduction：In recent years, the high-quality “going global” of Chinese enterprises has become a vital growth strategy under China’s new development paradigm. Meanwhile, green finance, as a key component of China’s efforts to build a strong financial system, has become increasingly important. This research aims to analyze the policy implications of the mutual reinforcement between the high-level openin...

20

Becoming World-Class Enterprises: Strategic Pathways for Chinese Enterprises and the “H” Theory

Yajun WU

Introduction：This project focuses on the innovative practice of Chinese enterprises in becoming world-class businesses. Through case studies and theoretical analysis, the project explores the strategic management approaches that enable Chinese companies to achieve world-class status. We aim to summarize, distill, and conceptualize the successful experiences to construct a “H” strategic management theory f...

21

Challenges and Strategies for the Sustainable Development (ESG) of Chinese Enterprises

Hai LU

Introduction：This research addresses the challenges Chinese enterprises face in their environmental, social, and governance (ESG) development and explores corresponding strategies. Through in-depth analysis, the study aims to improve corporate ESG practices and enhance transparency, ultimately promoting the harmonious development of the economy, environment, and society. The research utilizes practical surv...

Other and Self-Selected Research Directions

22

Government Accounting and Auditing Studies

Zhiming MA

Introduction：This project investigates the fundamental theories and practices of government accounting, financial reporting, and auditing in the modern era, while also exploring the impacts and challenges posed by ongoing reforms in these areas. Through literature reviews and comparative studies, the research examines the theoretical dimensions of government accounting, financial reporting, and auditing, as...

23

Study on Capital Market Regulation: Actual Controller Networks, Third-Party Collusion, and Financial Fraud

Xiaojun ZHANG

Introduction：This project focuses on analyzing the actual controller networks of listed companies and identifying financial fraud, with the aim of providing new theoretical perspectives and practical tools to enhance the quality of listed companies and promote the integrity of the capital market. We leverage big data and machine learning technologies to thoroughly analyze the relationship networks of actual...

24

Endgame Vision: A Study Based on the Intelligent Automobile Industry

Xue LIU

Introduction：Ensuring a smooth transition from poverty alleviation to rural revitalization is crucial for the comprehensive construction of a modern socialist country and the achievement of China's second centenary goal. This research focuses on frontline rural workers, who include but are not limited to civil servants, non-government organizational members, and business firm employees. By bridging the reci...

25

Capital Market Regulatory Policies: Implementation Logic, Impact Evaluation, and Comprehensive Analysis

Ji SHEN

Introduction：

26

Development of a Survey Management System for Social Survey Projects

Yu XIE

Introduction：

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