Chen Songxi, a member of National Committee of the Chinese People's Political Consultative Conference (CPPCC) and a statistics professor at Peking University, says that the data economy is a crucial driving force for developing China's digital economy, one of the new quality productive forces. He emphasizes the significance of cultivating a culture of big data and promoting it alongside artific...

March 28, 2024

The paper entitled Feeling Negative or Positive About Fresh Blood? Understanding Veterans’ Affective Reactions Toward Newcomer Entry in Teams From an Affective Events Perspective aims to investigate where, how and when new employees of an existing work team trigger multiplex affective reactions among team veterans. Employing affective events theory (AET), Jack Ting-Ju Chiang, Associate Professor from Guanghua School of Management, Peking University, together with his coauthors found that the entry of newcomers can bring multiplex affective consequences for veterans, depending on the type of newcomer dissimilarity to the team and the team’s prior performance. The study found that a team’s prior state may shape team veterans’ various affective reactions toward newcomer entry in different ways, offering a contingency view for understanding the complex process of newcomer entry in the context of ongoing teamwork.

October 23, 2023

Recently, China has set its sights on boosting rural development and accelerating modernization of agriculture and rural areas. Professor Tang Yao proposes that we need new measurement standards and evaluation system to gauge progress and development that takes into consideration each region’s unique strength and characters.

July 7, 2021

​Professor Han Pengfei collaborated with his peers to examine the phenomenon of foreign knowledge spillovers in China. In this study, the team found that over time, Chinese firms have gained leadership over foreign firms in China both in terms of production and patenting. However, while foreign firms have lost market leadership in low-tech (simple) industries, they have maintained strong leadership in high-tech (complex) industries. Exploring foreign knowledge spillovers using patent citations data, the team also shows that only firms in low-tech (simple) industries eventually decrease their reliance on foreign knowledge for innovation. The findings suggest that imitation is a path to indigenous innovation only in low-tech (simple) industries and point to the need of industry-specific policies.

June 29, 2021

In the recently-released Opinions on Supporting the Healthy Development of Emerging Business Forms and Models, Stimulating the Consumer Market and Expanding Employment, the National Development and Reform Commission and 12 other ministries and commissions propose active fostering of self-employed businesses and support for e-commerce, webcasting and other diverse self-employed businesses and s...

August 13, 2020

As the COVID-19 pandemic is sweeping the world, numerous businesses are hanging by a thread. Bankruptcy, layoff and furloughs are common around the globe; the global aviation industry has entered the darkest of times; even Airbnb, a rising star of the sharing economy, has to let go nearly 2,000 employees… In China, economic activity has resumed, but some businesses are struggling to stay afloa...

August 6, 2020

A one-year-long survey covering more than 600 medium, small and micro-sized startups across China have highlighted the importance of innovation as firms try to cope with an ever changing market environment.The survey was conducted by a Guanghua team headed by professors Wang Tiemin, Zhang Yichi and Huang Tao in collaboration with Hewlett-Packard and CYZone, a start-up information platform. Two ...

June 17, 2020

The rare mention of 600 million Chinese people with only a 1,000 yuan (140 U.S. dollars) monthly disposable income in Premier Li Keqiang’s remarks late last month remains a hotspot topic across the country and a sobering reminder of the challenge for the country’s economy amid the covid-19 pandemic.Noting that this figure has actually existed for a while, Chen Yuyu, professor with Peking Univ...

June 17, 2020

Despite recent resumption of social activities after a three-month lockdown, China’s economic recovery remains uneven and the monetary tools and fiscal policy introduced so far are “weak and fragmented” in the face of a complex downward trend, scholars from Peking University’s Guanghua School of Management warn, calling for more aggressive moves to re-energize the country’s economy.Major p...

May 26, 2020

Despite the covid-19 pandemic, Guanghua Professor Tang Yao believes that the post-outbreak global value chain and supply chain will not suffer severe disruption and China will remain the center of manufacturing.Over the past three decades, rapid global development of technology, trade and investment has seen industrial chain branching out to ever more countries. Research in the U.S., design in ...

May 21, 2020