A Bridge on Economic Issues between China and the World
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When Industrial Policy Meets Comparative Advantage: Lessons from “Made in China 2025”
Xiuping Hua, Yong Wang, Junjie Xia, Haochen Zhang, Jan 28, 2026In this paper, the authors contribute to this debate through the lens of a novel perspective: the congruence between firm’s factor input structures and local endowment structures.
Government-Directed Urban Growth, Firm Entry, and Industrial Land Prices in Chinese Cities
Jan K. Brueckner, Wenhua Liu, Wei Xiao, Junfu Zhang, May 17, 2023We examine the effect of large-scale administrative reorganization in China, where counties are annexed into cities to accommodate urban growth.
Demand for Retirement Insurance: What Do People Want?
Cheng Wan, Hazel Bateman, Hanming Fang, Katja Hanewald, Oct 02, 2024This article discusses the diversity and preference variations in the demand for retirement insurance among urban residents in China, particularly the high demand for health-related insurance such as critical illness (CI) and long-term care (LTC) insurance, and how individual financial circumstances, risk appetites, and bequest motives significantly influence their choice of retirement insurance products.
Environmentally Inclined Politicians and Local Environmental Performance:Evidence from Publicly Listed Firms in China
Hanming Fang, Honglin Ren, Danwen Song, Nianhang Xu, May 31, 2023We investigate whether and how environmentally inclined politicians (EIPs), i.e., politicians with prior environment-related work experience, affect local environmental performance in China.
China’s New Goal for Income Distribution: What Does it Mean and are There Tradeoffs?
Martin Ravallion, Shaohua Chen, Mar 16, 2022China’s political leadership recently committed to expanding the proportion of middle-income groups to create a less polarised, and more ‘olive-shaped’, distribution of wealth. This column considers the potential trade-offs between reducing income polarisation and other goals, including poverty reduction.
