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The Eighteenth Session of the China Young Scholars in Economics Forum Held at Renmin University of China

Date: September 18, 2018

The eighteenth session of the Young Chinese Economics Scholars Forum was held at Renmin University of China (RUC) from the 15th to the 16th of September, hosted jointly by the editing board of the magazine Economics Research (produced by the Economics Research Department at the Chinese Academy of Social Sciences, CASS), the Economics School at RUC, the Guanghua School of Management at Peking University (PKU) and the Advanced Research Centre for Economics and Management at Wuhan University (WU). The theme of this year’s forum was “New Developments in Socialist Economics with Chinese Characteristics in the Modern Age”.



Along with representatives of the China Young Scholars in Economics Forum, Party Secretary JIN Nuo of RUC, Deputy Head of CASS and chief editor of Economic Research GAO Peiyong, Deputy Chairman of the Bureau of Education’s Social Sciences Committee and former Dean of WU GU Hailiang, Convenor of the Academic Appraisal Committee of the State Council and former Deputy Dean of Nankai University PANG Jinju, Deputy Dean of RUC and Dean of the School of Economics at RUC LIU Yuanchun, Chairman of the PKU Department of Social Sciences GONG Liutang, Chief Editor LIU Xiahui and deputy Editor-in-chief ZHENG Hongliang of the Economic Research magazine, RUC’s School of Economics’ Secretary of the Party Committee and Vice President GUAN Xueling, Deputy Dean of the RUC School of Economics CHEN Yanbin, general manager of the Jiashi Fund Management Company JING Lei, numbering more than 200 participants in total.



170 experts and scholars from 80 high level research institutions all over China gathered together from the 15th to the 16th of September to explore issues surrounding such themes as Marxist political economics, macro-economic theory and policies, economic growth and development and the global economy in 31 panels including two English language panels. Participants in the forum discussed and exchanged views on how to maintain and develop economics with Chinese characteristics and style in the new age, offering solutions from Chinese wisdom for the world’s problems. With a shared aim in mind, close on 200 participants put forward their ideas and suggestions for economic development with Chinese characteristics in the modern age.



JING Lei announced that during the process of selection, 106 papers were submitted to participate in this forum, which were initially assessed by the experts in the forum’s academic council and a board of 28 experts from high level research institutions such as Peking, Qinghua and Renmin Universities in two rounds of blind votes to select the papers that would finally take part in the forum. Two papers were awarded the Excellent Papers by Young Scholars in Economics Prize for the year 2018, these were, “Growing Like China” co-authored by SONG Zheng, Kjetil Storesletten and Fabrizio Zilibotti, originally published in the American Economic Review in 2011, and “Liberalization of Trade in China Productivity of Manufacturing Enterprises”, originally published in Economic Research in 2010.



Prior to the forum’s opening, on 14th September, the forum’s academic council met for the third time with leaders from 25 governing bodies in attendance. According to notes from the meeting, a draft Statute of the Academic Council of the forum was discussed and passed, the final choices for the Prize of Excellence were announced, and the next session of the Young Scholars in Economics Forum was scheduled to take place in the Department of Economics and Management at Wuhan University in 2019.



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