Deputy director and researcher of National Economic Research Institute of China Reform Foundation

Ph.D. in Economics (Australian National University)

1980, member of the research group on China's rural development, Chinese Academy of Social Sciences

1984, he won the first National Sun Yefang Economic Science Thesis Award

May, 1985, he was a member of the China Institute of economic system reform of the State Commission for restructuring and economic development, and editor in chief of the Journal of economic development and system reform

May, 1986, director of Development Research Office of China Institute of economic system reform

1997, Ph.D. from Australian National University

1998, deputy director of National Economic Research Institute of China Economic Reform Research Foundation

Professional field

Development economics, Macroeconomics, Reform and development of China's economic system

Research field

China's economic growth and development, Income distribution, Market-oriented reform, etc.

He has published more than 70 academic papers in Chinese and English.

He has twice won Sun Yefang's Economic Science Thesis Award, and his doctoral dissertation has won the outstanding doctoral thesis award of Australian National University.

《Tertiary industry and productive labor》

《Structural contradictions in China's economic growth》

《Market index of China》

《China's marketization index: relative process of marketization in different regions annual report of 2000 / 2001 / 2004 / 2006 / 2009 / 2011》

《Income distribution and public policy》

《Grey income and national income distribution》

《Grey income and development trap: Research on income distribution 2005-2011》

《The sustainability of China's economic growth: a cross century review and Prospect》

《China's Regional Disparity: 20-year trend and influencing factors》

《2011 report of China's business environment index by province》

Over the years, Wang Xiaolu has been studying the issue of China's marketization. The market-oriented index they created seems to be highly technical. In fact, from the content of the research topic, it is not difficult to see that it contains a strong concern about the future direction of China's economy.

He has shown on many occasions that, "although our conclusion is that the degree of marketization is improving, I still believe that many institutional and institutional problems in China's economy, including the income gap, cannot be solved spontaneously in the process of marketization. To solve these problems, we need to work hard."

At last, he expressed in a firm voice that "the problems existing in enconomy of China can only be solved by relying on reform and unremitting reform."

Why do Chinese consumers spend so little relative to counterparts in other nations? What can be done to change that? Is boosting private consumption in China’s national interest? How would that contribute to global growth?

Wang Xiaolu: It seems to me there are several reasons. One is that China doesn’t have a complete social-security system. By 2007, only one-third of the urban population was covered by the social-security system. And for rural residents, most of them don’t have social security. And also in past years, the cost for education, for medication, for housing has increased quite rapidly—much more rapidly than GDP growth and income growth.