Research interest
Reform of International monetary system, RMB internationalization, Regional financial cooperation

Current position
Director, Research Centre for International Finance, IWEP, CASS
Lead fellow, CASS project “China’s Role in Reconstructing International Financial System”

Membership and other position
Guest Professor, China Foreign Affairs University
Standing director of the council, China Society of World Economy
Chief economist of the Network of East Asian Think-Tanks (NEAT), China Working Group
Member for advisory board of the Official Monetary and Finance Institution Forum (OMFIF)

Previous academic experience
Visiting fellow, Institute of Southeast Asian Studies, Singapore, Mar. 99-Jun. 99
Visiting scholar, University of California at Davis, USA, Sept. 96- Sept. 97

Education
MSc International Money, Finance and Investment, University of Durham, U.K., Sept. 01- Sept.02
Master in Economics, Peking University, Sept.86- Dec.88
Bachelor in Economics, Peking University, Sept. 82- Jul. 86

Books
1.    G20 and Global Economic Governance (co-authored) China Social Sciences Pressing, 2016.
2.    Reveling China’s Shadow Banking System (co-author Zhang Ming et al), China Social Sciences Pressing, 2014.
3.    The International Financial System: Reform and Reconstruction (co-author Zhang Ming et al), China Social Sciences Pressing, 2013.
4.    Globalization and China: Theory and Trends (co-author: Yu Yongding and Lu Aiguo) Economic Management Pressing, 2010.  
5.    The Renminbi Exchange Rate: Policy Options and Risk Prevention from Global perspective, Ed, China Finance and Economics Publishing House, 2008.

Selected papers
1.    “Asian Financial Cooperation: Challenges and Future Direction” International Economic Review, 2017/3 p78-90.
2.    “The RMB Internationalization and the Reform of the International Monetary System” Global Economic Observer, No. 1, Vol. 5 / 2017, p113-117.
3.    “China to Reconstruct International Financial System” CIDOB Year Book 2016-17, 2017.5 p200.
4.    “RMB Internationalisation” New Palgrave Dictionary of Economics, September 2016.
5.    “How G20 Maintains Global Financial Stability” Tsinghua Financial Review, September 2016, p105-108.
6.    “The RMB Internationalization: Foundation and Policy Sequence” Northeast Asia Forum, No. 1, 2016 (25), p11-20.
7.    “Reveling the IMF’s Quota Reform” Tsinghua Financial Review, March 2016, p101-104.
8.    “The Legacy of Bretton Woods and the International Financial System Reconstruction” World Economics and Politics, March 2015, Volume 415, Issue 3, p1-26.
9.    “The RMB Internationalization, Capital Account Opening and Chinese Domestic Financial Reform” Review of International Affair, Vol. LXIV, No.1152, October–December 2013.
10.   “Convertibility as a step for the RMB internationalization” Economic Change and Restructuring, March 2013, Volume 46, Issue 1, p 71-84.
11.   “Will the Abenomics Succeed? An assessment of its Growth Strategy”(co-author Chen Sichong) International Economic Review, 2013/5-6。
12.   “Global Liquidity: Risks and Policy Options” International Economic Review, 2012/3-4.
13.   “The RMB Internationalisation” (co-author Yu Yongding) in Currency Internationalisation: Lessons from the Global Financial Crisis and Prospects for the Future in Asia and the Pacific, BIS Papers No 61, January 2012.
14.   “Is China ready to open its capital account?” (co-author Ulrich Volz), 29th March, 2012 , http://www.eastasiaforum.org.
15.   “Post-crisis Monetary Cooperation in East Asia” International Economic Review, 2011/5-6.
16.   “The Potentials for RMB’s Regional Use” International Economic Review, 2011/1-2.
17.   “The Internationalization of the RMB” (co-author Yongding Yu) in Asian and China in the Global Economy, Edited by Yin-Wong Cheung and Guonan Ma, World Scientific, 2011.
18.   “Internationalization of the Renminbi and Its Implications for Monetary Policy” in Chang Shu and Wensheng Peng, eds Currency Internationalization: International Experiences and Implications for the Renminbi, Palgrave Macmillan, 2010.
19.   “Chinese Role in Asian Financial Cooperation” International Economic Review, 2009/3-4.
20.   “Global dollar standard: challenges for Asian financial integration” Economic Change and Restructuring, Volume 41, Issue4, 2009.
21.   “Optimal Currency Area: An Empirical Study on Selected East Asian Economies” Frontiers of Economics in China, Volume2 Number 4 2007.
22.   “Real Exchange Rate in China: A Long-run Perspective “China & World Economy, Volume 14, Number 4, July-August 2006/9.
23.   “Exchange Rate and Economic Growth: An Empirical Test on Selected East Asian Economies” Journal of World Economy, 2005/10
24.   “Long-term Trend of US Dollar Depreciation and the Correction of  US Current Account Deficit” Journal of World Economy, 2005/3
25.   “Toward a Financial Architecture in East Asia” China & World Economy, Volume 12, Number 3, May-June 2004.
26.   “Liberalising China’s Capital Account: Lessons Drawn from Thailand’s Experience” Institute of Southeast Asian Studies Working Paper, Visiting Researchers Series No. 6, 2000.
27.   “Alternative Exchange Rate Regimes in Asia: Lessons from the Asian Financial Crises” The Management World, 1998/6.
28.   “Uncertainties for the Euro as an International Currency” International Economic Review, 1998/11-12.
29.   “RMB Convertibility: Current Foundations and Obstacles” Social & Economic Problem Study No.8, 1995.
30.   “Challenges to Hong Kong's Status as an International Financial Center after 1997and the Countermeasures to Be Adopted” Management World No. 3, 1995.

Lead research projects
1.    “China’s Role in Reconstructing International Financial System” CASS project (2015- )
2.    “G20 and International Monetary System” China’s National Social Science Fund (2011-14)
3.    “Reform of International Financial System and China’s Options”  CASS project (2012-14)
4.    “Capacity Building: Research of  International Finance ” Social Science Fund of CASS (2009-14)
5.    “International Monetary Cooperation: China’s Options” Social Science Fund of CASS (2006-09)
6.    “Roadmap for East Asian Financial Cooperation” Ministry of Finance, China (2009)
7.    “Internationalization of the Renminbi” Hong Kong Monetary Authority (2006-07)
8.    “Policy Dialogue and Economic Surveillance in East Asia” Ministry of Finance, China (2004-05)
9.    “Exchange Rate and Economic Growth: Theory and Empirical Study of Selected Asian Countries” China’s National Social Science Fund (2003-05)
10.   “Exchange Rate Regimes of Developing Countries” Ministry of Finance, China (2001)
11.   "Floating Exchange Rates in the Past 20 Years--The Experience of Some Countries and the Reform of China" Social Science Fund of CASS for the Youth (1995-1996).

Awards
CASS Excellent Paper Awards (2014, 2005, 2000) 
British Council Chevening Scholarship (Oct. 01-Oct. 02)
World Bank Youth Fellowship (Mar. 99- Jun. 99)
Ford Foundation Scholarship (Sept. 96-Sept. 97)

Selected presentations
1.    Panel discussion on Navigating emerging risks: economic and business in a new world (dis)order. IISS BAHRAIN BAY FORUM: MENA economies: Positioning for a new world (dis)order. 2017.9.16-17. Bahrain 
2.    China’s policy paradox in the context of RMB internationalization.  Presented at IMI and OMFIF Joint roundtable “Financial stability and currency internationalization” July 16 2017 Beijing
3.    Chinese Economy in Transformation. Presented at The Annual China-Israel Conference June 29 2017. Tel Aviv
4.    Panel discussion on ASEAN+3 Regional Economic Outlook 2017 seminar organized by ASEAN+3 Regional Macroeconomic Research Office (AMRO) and International Monetary Institute (IMI) , 2017.5.24 Beijing
5.    Roundtable on How to Improve Effectiveness of the IMF.  Hosted by IMF and National School of Development, Peking University, 2017.5.22 Beijing
6.    Panel discussion “The future of Asian finance - its many needs and many forms” ADB sponsored seminar series organized by the Mitsubishi UFJ Financial Group and the Institute for International Monetary Affairs, 2017.5.5 Yokohama
7.    RMB Internationalization. Presented at The Future of International Monetary System for Asia jointly organized by Hitotsubashi University and the International Monetary Fund (IMF). March 8-9 2017 Tokyo 
8.    The International financial Architecture - Beyond the Bretton Woods Institutions, Stars Chengdu Symposium, 2017.4.28 Chengdu
9.    Roundtable Meeting on ADB’s New Strategy, 16 March 2017 Manila
10.   Chinese Financial Reform. Presented at India-China Think-Tanks Forum: Towards a Closer India-China Developmental Partnership, The Institute of Chinese Studies (Delhi) & The Indian Council for World Affairs. December 9 2016 Delhi
11.   Chinese Economy Challenges and Prospects. The 3rd CJK Cooperation Dialogue, Envisioning a deepening and evolving China-Japan-Korea Partnership: From sharing information and experiences to creating mutual trust, 2016.10.21 Tokyo
12.   Dialogue with IMF FDMD David Lipton, World economy and challenges 2016.6.15 Beijing
13.   After Hangzhou: Next step for international cooperation, Brookings-Tsinghua Center, 2016.9.13 Beijing
14.   The RMB internationalization and reform of international monetary system, Challenges 0f Adjusting to a Changing World Economy -The 1st Romania-China Academic Round Table, 2016.9.22-23 Bucuresti
15.   Asia –Europe Macro Links: Opportunities and Spillovers, ADB and IMF Joint Seminar, 2016.5.3 Frankfurt
16.   Closing Gender Gap Can Make a Difference to G20, W20 Summit, 2016.5.25 Xi’an
17.   The International financial Architecture – Beyond the Bretton Woods Institutions, Stars Chengdu Symposium, 2016.4.14 Chengdu
18.   How to make G20 More Efficient for Global Financial Stability, G20 and Global Financial Stability, CUFE, 2016.3.22 Beijing
19.   The Underlying Message and Effects of Renminbi Being Added to SDR, Forum for American/Chinese Exchange at Stanford, FACES, 2016.3.20 Beijing
20.   Challenge of Chinese Economy and the RMB Strategy, IISS Bahrain Bay Forum on Middle East: Regional Security and Business Opportunity, 2015.11. 28-29 Bahrain
21.   Chinese Economy in the Age of Turbulence, Centro Studi Economia Reale conference, 2015.9.17 Rome
22.   What Makes Capital Account Liberalization a Success- Lessons from Asian Financial Crisis for China, CUFE workshop 2015.8.25 Beijing
23.   The Implication of Adding the RMB into the SDR Basket, IWEP- Chatham House workshop, 2015.7.29 Beijing
24.   Policy Options to Mitigate Financial Risks, Sino- India Strategic Exchanges and Cooperation, 2015.4.23 Beijing
25.   RMB Internationalization: What's the Next? Jilin University international conference on Future of Dollar and Reform of International Monetary System, 2015.3.20 Jilin
26.   Elasticity and the Dollar-Comments on Perry Mehrling's Elasticity and Discipline in the Global Swap Network, INET and Shanghai Development Research Foundation conference, 2015.8.17  Shanghai
27.   Roundtable discussion “On-going Reforms of the IMF & Opportunities for China” National School of Development and IMF, February 6, 2015, Beijing.
28.   Roundtable Discussion “The Role of China (Shanghai) Free Trade Zone in the Process of China’s Capital Account Liberalization” Chatham House, London, 1st July 2014.
29.   “Financial and Monetary Cooperation: Drives, Institutions and Role of think tank” Second Asia Think Tank Summit: Promoting Regional Economic Cooperation and Integration，jointly organized by ADBI and University of Pennsylvania, 20-22 May 2014, Tokyo.
30.   “Currency Internationalization: Lessons and Prospects for the RMB” Comments on Session 2：Preconditions of RMB Internationalization and its Implications to the PRC, ADBI conference, National School of Development, Peking University, March 28, 2014.
31.   “The Third Plenum and Its Implication for the Chinese Economy” The 23rd IIMA symposium on global finance and economies “Toward a True Dawn --Challenges and Policies for World Economic Growth”, Tokyo, 2014.03.19.
32.   “The RMB internationalization, Capital Account Opening and Chinese Domestic Financial Reform” German Foundation Hanns Seidl Stiftung seminar on "Opportunities and prospects for foreign investment in the Republic of Serbia”, 13-14th November, 2013, Institute of International Politics and Economics, Serbia.
33.   Roundtable discussion “An Involving International Financial System: Risk to Global Monetary and Financial Stability” Joint CIGI, Chatham House and INET Workshop, April 4, 2013, Hong Kong.
34.   “The Impact of Euro Debt Crisis on the Chinese Economy” EU-Asia Centre “The 9th EU-China Think Tank Roundtable”, October 24 2012, Brussels.
35.   Panel discussion on “Asian bond Market: Japanese Yen vs. Chinese Renminbi”, JSDA and Work Bank conference on “The Involving Japanese Capital Markets’, October 12 2012, Tokyo.
36.   Panel discussant, IIMA conference on “The Internationalization of the RMB and the Future of the Tokyo Financial Market”, October 11 2012, Tokyo.
37.   Panel discussion on “Towards a Multi-polar Reserve Currency System; The Role of Creditors and Debtors in the World Economy” at the “World Banking and Finance Summit 2012- Managing Economic Transformation in a World of Creditors and Debtors” organised by OMFIF and Lafferty Group, June 26-27 2012, London.
38.   Discussant, “Future Direction I”, NEAT Working Group Meeting On “NEAT: The Next Ten Years”, July 6 2012, Beijing.
39.   China’s Contributions to the World Economy and Their Roadmaps as a Major Global Player”, The IIMA International Financial Symposium “Seeking Paths to Restore Confidence in the Global Economy” March 15 2012, Tokyo.
40.   “Comment on Iwan Azis’s paper: Regional and Global Financial Safety Nets for Financial Stability”, Korean MOF (PRI) and ADBI joint conference on Achieving Financial Stability - Lessons from the Eurozone Crisis for Macroeconomic and Financial Stability, March 14, 2012, Tokyo.
41.   “Understanding the Strategy of RMB Internationalization”, Global Central Bank Conference on Rebalance between the West and the East, 14 September 2011, Luxembourg.
42.   “A3: Liquidity Support and Swap Lines” Joint CASS (China), RIETI (Japan) and EAMI (Korea) meeting on “A3 Triangle Initiative on Monetary and Financial Cooperation for Korea, China and Japan”, Co-organized by NEAR Foundation, June 2 2011, Seoul.
43.   “The Internationalization of the RMB” Lecture at IAI-Global Outlook Seminar, 27 May 2011, Rome.
44.   “Reforming financial Regulation and International Monetary System: Prospects of RMB to Become an International Currency”, FT and French Embassy in London Second Conference “G20: A Silent Revolution in Global Governance Reforming, 12 April 2011, London.
45.   “Dealing with Capital Flows—a Perspective of China”, at the launch event of Chatham House report of “Global Economic Governance in a World of Crisis”, 11 April 2011, London.
46.   “Regional Financial Arrangement as a Complement to Global Ones “, Colombia University and CUFE conference “Reforming the Global Reserve System”, March 18-19 2011, Beijing.
47.   Comment on Kanit Sangsubhan’s paper ”Regional Financial Safety Net” at ASEAN+3 Finance Ministries and Central Banks Meeting  “The Future Vision of ASEAN+3 Financial Cooperation” Organized by Ministry of Strategy and Finance, Korea and Korea Capital Market Institute, February 11 2011, Seoul.
48.   Comment on papers by Agnes Benassay-Quere (CPEII) and Jean Pisani-Ferry (Bruegel), Masahiro Kawai (ADBI) and Shinji Takagi (Osaka University) and Yoon Je Cho at the session of “International Financial System: Towards a New Era”, AEEF conference “G20: Completing the Agenda”, January 11-12, 2011, Paris.
49.   “The Multilateralisation of the Chiang Mai Initiative” CUFE, InWEnt and DIE joint conference “Regional Financial and Regulatory Cooperation: Chinese – European Dialogue” 23 - 24 September 2010, Beijing.
50.   “East Asian Financial Cooperation in Response to Post-crisis Challenge” Reporting to the Working Group, NEAT 8th Annual Conference, 23-24 August 2010, Manila.
51.   “Prospects of the RMB to Become an International Currency” The 19th IIMA International Financial Symposium “Exploring Optimal International Monetary Regimes beyond the Crisis- Perspectives on Global Currencies and Challenges for Asia”, 18 March 2010, Tokyo.
52.   “China to Play a Meaningful Role in Rebalancing” Bretton Woods Project conference on “Recovery toward What? Finance, Justice, Sustainability” 6 November 2009, London.
53.   “Asian Financial Vulnerabilities and Regional Solutions in Response to Financial Crisis” 2009 China-ASEAN Think Tank Strategic Dialogue” October 16 2009, Nanning.
54.   “Regional Macroeconomic and Financial Cooperation” InWEnt-DIE Dialogue on Global Financial Governance –Challenges and Regional Responses, September 3-4 2009 Berlin. 
55.   “How Far is the CMIM from a Regional Monetary Fund?” NEAT the 5th Annual Conference, May 29 2009, Beijing.
56.   “Asian Financial Stability Policy in Response to Global Financial Crisis” joint International Peace Research Institute, Oslo and Institute of World Economics and Politics, CASS conference “The East Asian Peace: Explanations and Sustainability” May 25 2009, Beijing.
57.   “Understanding China’s Role in a New Global Financial Governance” Italian Institute of International Affairs (IAI) and Institute for Relations between Italy and Africa, Latin America, and Middle and Far East (IPALMO) conference “From the G20 to the G8: Rethinking Global Governance”, May 21 2009, Rome.
58.   “China’s Capital Flows with Asia and Regional Policy Response” Joint CASS and EABER conference “Asian Economic Integration: Financial and macroeconomic Issues”, May 13 2009, Beijing.
59.   Rethinking China’s Role in Asian Financial Cooperation” CUFE and DIE Workshop “The Global Financial Crisis and the Reform of the Financial Regulatory Framework”, May 7-8 2009, Beijing.
60.   “China’s Financial Contribution to Global Recovery” Chatham House – Central Policy Unit, Hong Kong SAR Government conference “Preparing for the Global Recovery: the Role of Financial Markets in Asia”, 23 March 2009, Hong Kong.
61.   “China’s Financial Contribution to the Correction of Sino-US Imbalance” Brookings- Tsinghua Center, January 10 2009, Beijing.
62.   Comments on the session “Economic trends in China” ECAN Annual Conference, 4-5 December 2008, Brussels.
63.   “Asian Financial Cooperation: a Solution to International Financial Instability” Ministry of Finance Republic of Indonesia, Asian Development Bank and Centre for Strategic and International Studies joint conference “Emerging Asian Regionalism: Trends and Challenges”, 10 October 2008, Jakarta.
64.   “Global Dollar Standard: Challenge for Asian Financial Integration” Lecture at WIIW, 3 October 2008, Vienna.
65.   “The US Subprime Crisis and Asian Financial Integration” The 10th International Conference on Globalization and Development problems, 3-7 March 2008, Havana.
40. “Internationalization of the Renminbi and Its Implications for Monetary Policy” BIS and HKMA joint conference “External Use of Currency: International Experience and Implications for Renminbi”, October 15-16 2007, Hong Kong.
41. “A Roadmap of Monetary Cooperation in East Asia” NEAT Annual Conference, April 7-8 2007, Shanghai.
42. Comments on Fariborz Moshirian’s paper “In Search of a New Bretton Woods System: A Perspective from China” at CESIFIN conference “Searching for a New Bretton Woods System: Reserve Currency and Global Imbalance”, October 20 2006, Florence.
43. “Understanding RMB Exchange Rate from a Long-run Perspective” Rockefeller Foundation, Bellagio Conference Center “New Monetary and Exchange-Rate Arrangements for East Asia”, May 22-27, 2006, Bellagio.
44. “Policy Dialogue and Economic Surveillance in East Asia: A Roadmap of Forward-looking Process” NEAT Annual Conference, 1-2, April, 2005, Shanghai.
45.  “Policy Dialogue and Economic Surveillance in East Asia”ASEAN+3 Research Group Wrap-up Meeting, 23-24 February 2005, Beijing.
56. “Toward a Financial Architecture in East Asia: A Proposed Roadmap” Reporting to the ASEAN+3 Research Group Workshop, 16 March 2004, Manila.