Jinglian Wu
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Jinglian Wu
Wu Jinglian (; born January 24, 1930) is one of the preeminent economists of the People's Republic of China (PRC), primarily specializing in economic policy as it applies to China's ongoing series of economic reforms. Renowned for his resolute conviction that socialism is compatible with a market system, he is affectionately referred to in the media as Wu Shichang (). Wu currently () holds multiple positions, the most important of which are: Professor of Economics at both the China Europe International Business School and the Chinese Academy of Social Sciences; Senior Research Fellow for the Development Research Center of the State Council of the PRC; and Member of the Standing Committee of the Chinese People's Political Consultative Conference. As of 2021, he is also an adviser to the China Finance 40 Forum (CF40). Wu graduated from Fudan University with a degree in economics in 1954. He later attended the Institute of Economics at the Chinese Academy of Social Sciences. Throu ...
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Wu (surname)
''Wú'' is the pinyin transliteration of the Chinese surname 吳 (Simplified Chinese 吴), which is a common surname (family name) in Mainland China "Mainland China", also referred to as "the Chinese mainland", is a Geopolitics, geopolitical term defined as the territory under direct administration of the People's Republic of China (PRC) in the aftermath of the Chinese Civil War. In addit .... Wú (吳) is the sixth name listed in the Song dynasty classic '' Hundred Family Surnames''. In 2019 Wu was the ninth most common surname in Mainland China. A 2013 study found that it was the eighth most common surname, shared by 26,800,000 people or 2.000% of the population, with the province having the most being Guangdong. The Cantonese and Hakka transliteration of 吳 is Ng, a syllable made entirely of a nasal consonant while the Min Nan transliteration of 吳 is Ngo, Ngoh, Ngov, Goh, Go, Gouw, depending on the regional variations in Min Nan pronunciation. Shanghaine ...
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Stanford University
Leland Stanford Junior University, commonly referred to as Stanford University, is a Private university, private research university in Stanford, California, United States. It was founded in 1885 by railroad magnate Leland Stanford (the eighth List of governors of California, governor of and then-incumbent List of United States senators from California, United States senator representing California) and his wife, Jane Stanford, Jane, in memory of their only child, Leland Stanford Jr., Leland Jr. The university admitted its first students in 1891, opening as a Mixed-sex education, coeducational and non-denominational institution. It struggled financially after Leland died in 1893 and again after much of the campus was damaged by the 1906 San Francisco earthquake. Following World War II, university Provost (education), provost Frederick Terman inspired an entrepreneurship, entrepreneurial culture to build a self-sufficient local industry (later Silicon Valley). In 1951, Stanfor ...
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Economic Planning
Economic planning is a resource allocation mechanism based on a computational procedure for solving a constrained maximization problem with an iterative process for obtaining its solution. Planning is a mechanism for the allocation of resources between and within organizations contrasted with the Market (economics), market mechanism. As an allocation mechanism for socialism, economic planning replaces factor markets with a procedure for direct allocations of resources within an interconnected group of Social ownership, socially owned organizations which together comprise the productive apparatus of the economy. There are various forms of economic planning that vary based on their specific procedures and approach. The level of centralization or decentralization in decision-making depends on the specific type of planning mechanism employed. In addition, one can distinguish between centralized planning and decentralized planning. An economy primarily based on planning is referred to ...
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The New York Times
''The New York Times'' (''NYT'') is an American daily newspaper based in New York City. ''The New York Times'' covers domestic, national, and international news, and publishes opinion pieces, investigative reports, and reviews. As one of the longest-running newspapers in the United States, the ''Times'' serves as one of the country's Newspaper of record, newspapers of record. , ''The New York Times'' had 9.13 million total and 8.83 million online subscribers, both by significant margins the List of newspapers in the United States, highest numbers for any newspaper in the United States; the total also included 296,330 print subscribers, making the ''Times'' the second-largest newspaper by print circulation in the United States, following ''The Wall Street Journal'', also based in New York City. ''The New York Times'' is published by the New York Times Company; since 1896, the company has been chaired by the Ochs-Sulzberger family, whose current chairman and the paper's publ ...
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People's Daily
The ''People's Daily'' ( zh, s=人民日报, p=Rénmín Rìbào) is the official newspaper of the Central Committee of the Chinese Communist Party (CCP). It provides direct information on the policies and viewpoints of the CCP in multiple languages. It is the largest newspaper in the China, People's Republic of China (PRC). History The paper was established on 15 June 1948 and was published in Pingshan County, Hebei. It was formed from the merger of the ''Jin-Cha-Ji Daily'' and the newspapers of the Jin-Ji-Lu-Yu base area. On 15 March 1949, its office was moved to Beijing, and the original People's Daily Beijing edition was renamed ''Beijing Liberation Daily''. The newspaper ceased publication on 31 July 1949, with a total of 406 issues published. Since the newspaper was the official newspaper of the North China Central Bureau of the CCP, it was historically known as the ''North China People's Daily'' or the ''People's Daily North China Edition''. At the same time, in order ...
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Social Justice
Social justice is justice in relation to the distribution of wealth, opportunities, and privileges within a society where individuals' rights are recognized and protected. In Western and Asian cultures, the concept of social justice has often referred to the process of ensuring that individuals fulfill their societal roles and receive their due from society. In the current movements for social justice, the emphasis has been on the breaking of barriers for social mobility, the creation of safety nets, and economic justice. Social justice assigns rights and duties in the institutions of society, which enables people to receive the basic benefits and burdens of cooperation. The relevant institutions often include taxation, social insurance, public health, public school, public services, labor law and regulation of markets, to ensure distribution of wealth, and equal opportunity. Modernist interpretations that relate justice to a reciprocal relationship to society a ...
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He Qinglian
He Qinglian () is a Chinese author, economist, and exiled dissent, known for her critical view of the Chinese Communist Party and for her support of right-wing Republicans in the United States. Biography She was born in Shaoyang, Hunan, China, in 1956. She studied history in Hunan Normal University from 1979 to 1983. In 1988 she received a master's degree in economics from Fudan University in Shanghai, China. She worked in universities in Hunan and Guangdong for several years. Later she became a newspaper editor in Shenzhen, Guangdong. She wrote many articles and several books on Chinese society and the Chinese economy. '' The Pitfalls of Modernization'', her most famous book, sold over 100,000 copies in China and won acclaim from both the public and economists. She argues in ''Pitfalls'' that, as power has devolved to local government, local officials who at first favored reform later came to oppose further reform which might limit their discretion and so make it harder to tra ...
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Qin Hui (historian)
Qin Hui (; born December 1953) is a Chinese historian and public intellectual. He previously held the position of Professor of History, Institute of Humanities and Social Sciences, Tsinghua University, Beijing. He is now an adjunct professor in the Department of Government and Public Administration, at the Chinese University of Hong Kong. Career Born in December 1953, he suffered from congenital glaucoma and was blind in his right eye right after birth. He sought medical treatment in Guangxi and Hunan, and finally underwent ophthalmic surgery at Fenyang Road Hospital (now the Eye and ENT Hospital of Fudan University) in Shanghai to save the vision in his left eye. But even after the surgery, Qin Hui's vision in his left eye was still poor due to the sequelae of optic nerve atrophy caused by congenital glaucoma. Education At the beginning of the Cultural Revolution, Qin Hui was a first-year student at Nanning No. 4 Middle School. In 1967, when the province of Guangxi was div ...
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Magnate
The term magnate, from the late Latin ''magnas'', a great man, itself from Latin ''magnus'', "great", means a man from the higher nobility, a man who belongs to the high office-holders or a man in a high social position, by birth, wealth or other qualities in Western Christian countries since the medieval period. It also includes the members of the higher clergy, such as bishops, archbishops and cardinals. In reference to the medieval, the term is often used to distinguish higher territorial landowners and warlords, such as counts, earls, dukes, and territorial-princes from the baronage. In Poland the ''szlachta'' (nobles) constituted one of the largest proportions of the population (around 10-12%) and 'magnat' refers to the richest nobles, or nobles of the nobility - even though they had equal voting rights in Poland's electoral monarchy. England In England, the magnate class went through a change in the later Middle Ages. It had previously consisted of all tenants-in-chie ...
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Crony Capitalism
Crony capitalism, sometimes also called simply cronyism, is a pejorative term used in political discourse to describe a situation in which businesses profit from a close relationship with state power, either through an anti-competitive regulatory environment, direct government largesse, or corruption. Examples given for crony capitalism include obtainment of permits, government grants, tax breaks, or other undue influence from businesses over the state's deployment of public goods, for example, mining concessions for primary commodities or contracts for public works. In other words, it is used to describe a situation where businesses thrive not as a result of free enterprise, but rather collusion between a business class and the political class. Wealth is then accumulated not merely by making a profit in the market, but through profiteering by rent seeking using this monopoly or oligopoly. Entrepreneurship and innovative practices that seek to reward risk are stifled sin ...
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Yu Guangyuan
Yu Guangyuan (; born as 郁鐘正; pinyin: Yù Zhōngzhèng; 5 July 1915 – 23 September 2013) was a Chinese economist, philosopher, and a senior official of the People's Republic of China. Yu was recognized as one of the first proponents of the socialist market-oriented economic system in China and the theory of " the Primary Stage of Socialism". He was a close adviser of and speech-writer for the Chinese leader Deng Xiaoping. Yu was a senior member of the Political Research Office of the State Council, a deputy president of the Chinese Academy of Social Sciences and a deputy director of the State Science and Technology Commission of the State Council. Early life Yu Guangyuan was born on 5 July 1915 in Shanghai, three years after the founding of the Republic of China. The Yu () family, with kinship ties to powerful government officials, intellectuals, and businessmen of the Qing Dynasty across China including the "red-topped hat" merchant Hu Xueyan, prospered from mariti ...
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Gu Zhun
Gu Zhun ( zh, c=顾准; 1915–1974) was a Chinese intellectual, economist and pioneer of post-Marxist Chinese liberalism. A victim of " anti-Rightist" purges, he spent his later life in prisons and reeducation centres. The recovery and publication of Gu's prison diaries and theoretical writings caused a sensation in intellectual circles when published in the mid 1990s. Having spent his life as a highly trained economist with Marxist convictions and heroic career as a revolutionary, his fall from grace and savage punishment led him to develop an authentic and deeply personal conversion to the values of liberal democracy. Cut off from the mainstream of 20th century Western thought, he in a sense "reinvented the wheel" of liberal theory. While certain critics have disparaged his ideas as "laughable if translated into English," from a Chinese liberal perspective he represents a rare case of authentic invention of liberalism, relatively free of suspect foreign influences. Gu was an ...
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