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China’s Economy: Review of 2014 & Outlook for 2015

February 04, 2018

Understanding China’s economy is more important than ever, but is becoming increasingly difficult, especially given the questionable reliability of official data. CKGSB Professor Gan Jie’s sheds light on how the industrial sector is coping and what types of reforms are needed, and previews what lies in store for China’s economy over the months ahead.

China’s economy is today more important than ever to the world’s economic activity. However, understanding China’s future growth patterns and areas is becoming increasingly difficult, especially given the questionable reliability of official data. CKGSB Professor Gan Jie’s large-scale, micro-level company survey on China’s industrial economy sheds light on how the sector is coping and what types of reforms are needed, and previews what lies in store for China’s economy over the months ahead. Professor Gan will reveal some surprising survey findings at a roundtable luncheon held at the Hong Kong General Chamber of Commerce on 13 February, 2015, in Hong Kong. The luncheon, jointly organized by the Cheung Kong Graduate School of Business (CKGSB) and HKGCC, will focus on the theme of “China’s Economy: 2014 Review and 2015 Outlook,” and it will help participants develop a clearer projection of where China’s economy is headed.

Described as the first of its kind, Professor Gan’s survey is based on stratified random sampling by industry, region and size from the National Bureau of Statistics’ population of 48,800 industrial firms that have sales of over five million RMB. This survey’s latest quarterly report highlights two main challenges facing the industrial sector: weak demand and rising costs. Moreover, contrary to conventional wisdom, the survey shows that financing is not a bottleneck for the industrial sector.

Event Overview:

Time: 12:30-14:00
Date: Friday February 13, 2015
Venue: HKGCC Theater, 22/F, United Centre, 95 Queensway, Hong Kong
Organizers: Cheung Kong Graduate School of Business and HKGCC
RSVP: If you wish to attend, please contact Wendy Chan from HKGCC on +853 2823 1207 or by email at wendy@chamber.org.hk

Agenda:

12:30-12:35pmIntroduction of the event and topic
12:35-12:40pmIntroduction of speaker and CKGSB
12:40-1:30pmSurvey results presented by Prof. Gan Jie
1:30-2:00pmQ&A

About Prof Gan Jie

Gan Jie is a Professor of Finance and Director of the Research Center on Finance and Economic Growth at the Cheung Kong Graduate School of Business (CKGSB) in Beijing. She received her Ph.D. from MIT and was previously a professor at HKUST and Columbia Business School.

Professor Gan has published extensively on banking and finance issues in top academic journals, and currently authors a groundbreaking, large-scale quarterly survey on China’s industrial economy. In 2010, she was runner-up in the prestigious Brennan Awards for Best Paper and has received several teaching awards. Her research works and articles on her teaching have also featured in the Financial Times, the Economist, the Wall Street Journal and many others.

In addition to her academic credentials, she also has extensive industry experience. Prof Gan worked for CRA International, one of the largest finance and economics consulting firms in the US, for two years, where she covered company valuation, security fraud, and anti-trust in a range of industries including financial services, consumer goods and energy. She is currently a director for DJI Innovations and Rega Capital Management.

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