When Deng Xiaoping announced the reform and open door policy in December 1978 in a bid to attract foreign direct investment (FDI), he set in motion the economic transformation of modern China. Since then, as a direct result of that policy, China has become the largest exporter of goods and commodities, and a leading FDI recipient country in the world.

The importance of the open door policy implementation nearly 40 years ago is still being felt across the country. But the exact implications have remained secret until recently as detailed level official figures on trade and FDI were not available to researchers. This has now changed and academics have access to crucial data revealing the impact of trade and FDI on the Chinese economy.

Professor Larry D X Qiu is the Chung Hon-Dak Professor in Economic Development at the School of Economics and Finance at The University of Hong Kong (HKU). He is also currently the Associate Dean (Knowledge Exchange) and the Director of Executive Education at the Faculty of Business and Economics, and an Associate Director of the Institute of China and Global Development at HKU.

Professor Qiu obtained his Bachelor of Science (Math) degree in 1983 from Sun Yat-sen University, and a Master of Arts (Economics) degree in 1989 and PhD (Economics) degree in 1993 from the University of British Columbia. He then joined the Hong Kong University of Science and Technology in 1993 as an Assistant Professor and later became an Associate Professor and Professor there. He moved to the School of Economics and Finance at HKU in January 2008 as a Professor.

Professor Qiu’s key area of research is China’s trade and FDI, including the analysis of cross-border mergers and acquisitions (M&As), strategic alliances and technology transfers. He is using the newly available official data to understand the impact of international trade and investments by foreign multinationals on the Chinese economy. Professor Qiu and his team are among the first researchers to access this material. One of the findings is that trade liberalisation on intermediate inputs reduces firms’ innovation incentives.

On a wider scale, he is researching a range of topics with a focus on industrial organisation, international trade and policy, M&As, and industrial organisation. In the field of international trade, he has studied the optimal design of strategic trade policies, the impact of intellectual property rights (IPR) protection on international trade, and the impact of environment policies on technology transfer.

Professor Qiu holds visiting professor/scholar positions at many academic institutions. He has published widely in international economics journals and books. He has taught undergraduate, graduate, MBA, EMBA, and executive training courses on various topics.

He serves on the Editorial Board of many academic journals and is an Associate Editor of International Economics. He is President of the Hong Kong Economic Association. From 2011 to 2016, Professor Qiu was invited by The Royal Swedish Academy of Sciences to nominate candidates for the Nobel Prize in Economic Sciences.

Professor Qiu's research has received a number of research grants from the HKSAR Government. He has also undertaken consultant projects for the HKSAR Government and the Asia Development Bank. He currently serves as an Independent Non-Executive Director at the Board of Guangzhou Security and Hang Seng Bank Security Joint Venture.

Remark: Previously known as Chung Hon-Dak Professorship in Economic Development

香港大學經濟金融學院以悠久的教學科研傳統、傑出的成就融入社群，獲得業界的讚譽和大眾的好評。學院的教育和研究植根香港，這片被譽為全球最自由經濟體及市場動力明燈的土地。在中國已成為世界第二大經濟體的背景下，香港身為國際金融中心和中國的特別行政區，極具潛力，前景令人振奮。

許成鋼教授多年來對外界瞭解中國發展的貢獻卓著。他對中國制度和經濟建設、法治體系、金融監管和宏觀經濟的分析，奠定了其在國際學界前贍性的「中國問題專家」的地位。

許教授是最早定義並闡釋所謂「中國之謎」的學者之一，即經濟改革帶來了令人矚目的發展，貧困人口減少，而與之相反的是，國家政治體制改革跟不上，一直出現嚴重的缺陷。許教授還是「軟預算約束」領域的高端經濟學家，被普遍認為是計劃經濟中導致嚴重問題的主要因素。在將此理論拓展到經濟發展、研發與發展、克服金融危機的對策時，許教授亦擔綱核心角色。他還對「法律的不完備性」理論的拓展起到奠基作用，此概念在文獻中的影響日漸深遠。

許教授自1980年代初期於中國社會科學院任職以來，即參與中國改革政策的論證。值得一提的是，他長期向國務院、中國人民銀行、國際貨幣基金組織和世界銀行等機構建言獻策。

許教授2009年加入香港大學經濟金融學院，他曾在倫敦政治經濟學院任教。1991年，許教授獲得哈佛大學博士學位。他擔任哈佛大学国际发展中心、倫敦證交所亞洲研究中心和歐洲經濟與政策研究中心研究員，還是清華大學特聘客座教授、首爾國立大學世界級大學客座教授，及現任亞洲法律經濟學會主席。

許教授的在知名期刊上發表過無數論文，如《政治經濟學雜誌》、《美國經濟評論》、《經濟研究評論》和《經濟文獻期刊》等。他還兼任三家主要國際期刊主編和十餘家雜誌的編委會委員。

許教授多次在國際學術大會上闡述論文，在國際峰會、政論會議上發表主旨演講及公開演說，如北京全球智庫峰會、上海中歐峰會和斯洛維尼亞的中歐首腦峰會經濟論壇。許教授也是公眾人物，經常接受《中央電視台》、《財新傳媒》、《鳳凰衛視》、《英國廣播公司》、《金融時報》和《美國之音》等國際媒體採訪。

備註：鍾瀚德基金教授席 (經濟發展學)