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  • Li Yining (厉以宁)
    Born : November , 1930Gender : Male

Director of the Department of Social Sciences, Peking University


Department of Economics, Peking University


Honorary Dean and Doctoral Supervisor of Guanghua School of Management, Peking University, Director of the Academic Committee of China Minsheng Research Institute, Honorary Director of China Enterprise Development Research Center.

From 1988 to 2002, he served as the seventh, eighth, and ninth members of the National People's Congress, deputy chairman of the Financial Committee of the National People's Congress, and deputy chairman of the Law Committee. director.

From 1993 to 1994, he served as the Dean of the School of Business Administration of Peking University (in 1993, the Department of Economics and Management of Peking University and the Management Science Center merged to form the School of Business Administration of Peking University).


On December 18, 2018, the Party Central Committee and the State Council awarded Comrade Li Yining the title of Pioneer of Reform, awarded the Pioneer Medal of Reform, and was appraised as an "active advocate of economic system reform."

In the early days of reform and opening up, he argued to advocate China's shareholding system reform, and presided over the drafting of the Securities Law and the Securities Investment Fund Law.

The disequilibrium theory of China's economic development is proposed, and the "transition" is discussed theoretically.

Notable Works|Publications

"Beyond the Market and the Government: On the Role of Moral Power in the Economy", Beijing, Economic Science Press, 1999.

"The Origin of Capitalism: A Study of Comparative Economic History", Beijing, Commercial Press, 2003.

Rome-Byzantine Economic History (Volume 1 and 2), Beijing, Commercial Press, 2006.

Main Opnions

There are five most important measures to expand domestic demand: giving farmers property rights; increasing the income of workers; vigorously supporting small and micro enterprises, giving low-income people more opportunities to start a business, and promoting employment by starting a business; and accelerating the integration of urban and rural social security.

Education inequality causes employment inequality, employment inequality causes income inequality, income inequality causes life inequality, and causes the next generation of inequality. Education funding should account for more than 4% of national fiscal expenditure. ——National Education Development Research Report in 1986.


"Full employment is the first goal of the country's macroeconomic development" and "shareholding is an important way to solve employment problems"

The shareholding system, a form of enterprise organization born in western capitalist countries, seems to some people to be a "flood beast" that subverts socialism. Concerning whether the shareholding system is surnamed "Zi" or "Society", fierce arguments have arisen in the academic world, and Li Yining has also been under great pressure.

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