Professor of Economics, Peking University (PHBS)and the Graduate School of Chinese Academy of Social Sciences (CASS) ， Chairman, China Development Institute, and Director, National Economic Research Institute. He received his Ph.D in Economics from CASS on 1988. His publications include over 100 academic papers published in Chinese and English academic journals; and 12 books on Macroeconomics and Economics of transition. He is also an advisor to various departments of Chinese Central government and provincial governments; as academic member of China Monetary Policy Committee during 2006-2010 and 2015- 2018 again. He was listed as one of “World’s Top 100 Public Intellectuals” jointly by Foreign Policy and Prospect, in 2005 and 2008 consecutively；and listed as one of “100 Global Thinkers” by Foreign Policy in 2010.