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About Project

Guanghua Thought Leadership dives into business practices and education, focuses on the holistic, strategic, and forward-looking questions on China’s social development and economic reform, and has published impactful research findings including business administration courses, books, case studies, reports and white papers. We also deliver applied research findings to policymakers through regular briefs.

Financial Integrity and Reputation in China's Capital Market: Insights from the Field
Lu Hai

The research project examines the information quality of listed Chinese companies based on field-based research methods such as in-depth surveys and interviews. Thereby, it aims to compare and reconcile the findings from different international capital markets and unravel related explanatory mechanisms. It further promotes the development of theoretical frameworks to improve corporate governance considering the diverse institutional features of capital markets. The research findings can help investors better understand the behavior of listed companies and improve investment efficiency; it can also be a reference for regulators to develop relevant systems and improve supervision.

Digital Transformation and Innovation: A Study of Best Practices in Chinese Manufacturing Enterprises
Dong Xiaoying

Continuing the first phase of Guanghua Thought Leadership project, this project further discusses hot topics such as digital transformation and innovation, capacity building, and Intelligent Manufacturing 2025, visits manufacturing enterprises and establishes indicator systems and structures.

Development and Prospect of Fintech
Liu Xiaolei

Depending on the application, Fintech contains regtech, medical technology, smart wealth management, digital insurance, smart manufacturing, etc. Focusing on trending issues such as digital transformation of enterprises, fintech development and regulation, and blockchain application, this project provides a comprehensive analysis of the development history, current situation, and challenges of fintech.

Real estate financial innovation: REITs market construction and development
Liu Qiao

The launch of REITs in China, especially public REITs, has two important implications. First of all, REITs are an important grip for supply-side reform of financial services. The launch of REITs is an implementation of the policy "cutting overcapacity, de-stocking, de-leveraging, reducing costs and improving weak links". REITs will revitalize various types of operating real estate, reduce the financial leverage of the government and enterprises, and resolve the maturity mismatch and high leverage risks in the credit market. The construction of REITs market can provide a feasible financial strategy for PPP and infrastructure investment, and promote the industrial upgrade of the real estate industry and the transformation of the profit model.

Study on Ningxia Wine Industry Policies and Oral History
Zhou Li-an

The main content of this project includes a study of the wine industry policy in the eastern foothills of the Helan Mountains in Ningxia and interviews with officials, scholars and entrepreneurs who have experienced the development process of this industry. Comparisons were made between Ningxia and other production areas to search for key factors that might influence the effects of industrial policies in the Ningxia production area. The research method of oral history was used to study the development of the enterprises and the journey of the entrepreneurs, with a view to recording, restoring, and excavating these micro business histories that form the basis of the grand narrative of industrial development.

Labor Market, Industrial Restructuring and Long-Term Economic Growth
Chen Yuyu

This project delineates the current situation of China's labor market in four dimensions: efficiency, robustness, harmony, and outlook. Based on the findings, we forecast future growth trends and recommend policy portfolios to better improve the quality of China's labor force and human capital, optimize industrial structure, and promote sustainable economic growth.