Most Popular

Government reform and innovation performance in China

Min Zhang, Andrés Rodríguez-Pose, Nov 26, 2025

This column exploits the staggered implementation of government agency reforms in China to examine the impact of institutions on innovation. It finds that the regions which pioneered these reforms have reaped the rewards of reduced bureaucratic friction and enhanced regulatory efficiency, manifesting in marked gains in innovation performance. The dividends of institutional reform are most pronounced in city-regions already endowed with robust innovation infrastructure and intellectual capital.

Place Prosperity vs People Prosperity: Migration and the Intergenerational Transmission of Knowledge

Carol H. Shiue, Wolfgang Keller, Apr 23, 2025

The trajectory of an economy's development can often be better understood through the historical experiences of its populace. Long before the availability of comprehensive official data, Chinese family genealogies are a valuable resource for reconstructing economic evolution over time, as the following shows.

Mapping the Contours of Chinese Policy Transmission at Home and Abroad

Silvia Miranda-Agrippino, Tsvetelina Nenova, Hélène Rey, Mar 03, 2026

China’s place within international trade networks and global supply chains makes the propagation of Chinese shocks a global phenomenon.

How Do Firms Withstand Global Economic Shocks: Evidence from Within-Firm Responses

Xiao Cen, Vyacheslav Fos, Wei Jiang, Oct 16, 2024

The article discusses that the adaptation strategies of American firms against the backdrop of China's industrial policies are as follows: Firstly, they carry out strategic shifts within the American market, avoiding direct competition and turning to upstream and downstream areas of the supply chain; secondly, they redistribute production across national borders by directly establishing production bases in China to fully leverage China's policy advantages. These strategies demonstrate the strategic flexibility and strong adaptability of American firms in the face of global economic shocks.

Learning by Trading: How Reforming Trade Policy Boosted Firm Productivity in China

Yunong Li, Yi Lu, Jianguo Wang, Jan 14, 2026

In China, granting firms the right to trade internationally boosted productivity, with gains growing over time and shared with workers through higher wages.