Faculty & Research

  • Auction Theory of Nobel Economics Prize Winners Explained

    Prof. Weng Xi reviews the long history of auction and tells the story of the prize-winning duo as trendsetters for economists solving worldly problems.

    Oct 26, 2020

  • Goodbye Dividends, Welcome Crises

    When the “Back Wave” video that celebrated China’s youths went viral in May, many older Chinese,or the “front wave” generations,viewed it as an effort to motivate young people to be brave and ambitious. Meanwhile, those neither too young or too old jumped in and asserted: “don’t forget about us, the middle wave.”Comparing the three waves of generations in the Chinese society to business...

    Oct 13, 2020

  • Guanghua, Alibaba Cloud Chart 2020 Digital Economy Trends

    Each trend is a future happening. On Sept. 17, Peking University’s Guanghua School of Management and Alibaba Cloud Research Center jointly released the Top Ten 2020 Digital Economy Trends at the Apsara Conference 2020 of Alibaba Cloud, as China is undergoing rapid digital transformation.How will digitization transform people’s lives, redefine industrial outlooks and reshape administrative gov...

    Sep 29, 2020

  • From Consumer Internet to Industrial Internet: Why is it So Hard?

    When General Electric Co coined the term Industrial Internet in 2012, the concept, viewed as the most important investment outlet following the Consumer Internet, attracted the attention of governments and industrial companies. However, despite years of research and practices, the Industrial Internet’s development has not been as smoothly as expected.What are the obstacles? What are the differ...

    Sep 18, 2020

  • A Firm’s Fate: Prosper in Hardships, or Perish in Comfort?

    China has been in the best period of development since modern times, while the world was undergoing profound and unprecedented changes. With the onset of the Covid-19 pandemic, firms are facing even greater challenges to navigate their ways in this time of uncertainty.Zhang Zhixue, professor with the Department of Organization and Strategic Management under Peking University’s Guanghua School ...

    Sep 16, 2020

  • Dong Xiaoying: Key Steps for Make-or-Break Digital Upgrade

    China’s digital economy is on the fast lane as long-term investments in informatization, intelligent manufacturing and the digitization of value chains and ecosystem in the manufacturing sector gave birth to a batch of industrial Internet companies.However, with covid-19 and increased market competition, Chinese manufacturing firms face many obstacles if they want to get ahead in this digitiza...

    Sep 11, 2020

  • Case Study: Toy Story Inside Pop Mart’s Blind Boxes

    A chart of popular goods among China’s post-95 consumers last year listed toy figures as the most wallet-draining, with a year-on-year sales increase of 189.7 percent on Tmall, an online retail platform under Alibaba, alone. Riding this wave, Pop Mart, a retail chain ten years ago, is now a leading toy brand beloved by young Chinese.With detailed research and interviews with the firm’s founde...

    Sep 2, 2020

  • Liu Qiao: How to Rebuild China’s Finance

    China’s financial system has its own evolutionary logic, breaking points and issues that need addressing urgently. In his new book “The Finance We Love” published by China Machine Press, professor Liu Qiao dwells deep into the country’s current financial state and explore how to ensure its quality development.The following are excerpts from a speech made by Liu, finance professor and dean o...

    Aug 26, 2020

  • Prof. Huang Tao: Get Ready for Self-Employment

    Chinese authorities unveiled last month a guideline to further strengthen the digital economy and nurture more independent business owners and self-employment in the latest move to boost consumption and create jobs. As people on the Internet put it: “time to hand myself an offer.”China’s digital economy has shown its strength and energy during the covid-19 outbreak, paving way for a variety ...

    Aug 18, 2020

  • Professor Li-An Zhou’s Paper on China’s Send-Down Movement Submitted to AER

    One of top economics journals, The American Economic Review, has officially accepted a paper on the positive effect on China's rural education when some 16 million urban youths were sent to the countryside in the 1960s. The paper reveals a link between events of this period, the ensuing increase in rural human capital stock, and increases in the country’s economic growth in later years.Based o...

    Aug 14, 2020

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