Background

     After more than two decades of reform, China has experienced a series of transitions in economy. During this transitional period,its economy moved from centralized governmental plan to market economy. China's economic reform policy helped the economy develop from an agrarian economy to a semi-open industrialized economy. This led her through the transition from traditional economy to modern economy.

     With the support of the renowned Chinese and German scholars, sociologist Prof.Dr. Fei, Hsiao-Tung, Academician Zuo Tieyong, the Chinese Academy Engineering and Prof. Dr. Juergen Mlynek, president of Humboldt University at Berlin, the Economic and Social Development Research Institute established China's Research Center for Economic Transition (CRCET) in 2003. In order to better corporate with related government institutions and make development strategies in the process of economic transitions.

     After the center was founded, it entertained visits of many famous international academic institutes from both China and abroad. It also made academic relationships with expert form many organizations, including: China Information Times, World Politics and Economy Research Institute of Chinese Social Science Academy, Chinese Academy of International Culture, China's Economic System Reform Research Association, German Research Center in Peking University, Venture Capital Research Center in Remin University, China International Public Relations Association, China Association for Social, Economic and Cultural Communication, the Research Institute For Asia and the Pacific of the University of Sydney in Australia, University De Lyon Ⅲ in France, Warsaw University of Technology in Poland, Association of Chinese Finance Professionals, Education School of Humboldt University in Berlin, Economic School of Universitat zu Koln, International Development Law Organization, Center for American and Chinese Studies Center of Johns-Hopkins University and Nanjing University, Global Financial Group, and German Academic Funding Academy.

    CRCET traces the trends of global economic transition. The two characteristics of the current global economic transition are globalization and the growth of economic IT. Globalization is the outcome of global resource reallocation and marketing, while the growth of economic IT is responsible for the advancement of information technology. Studies on globalization and economic IT benefit economic development. The Center pays close attention to regional differences and characteristics among transitional economies. Its research covers regional economic diversification, resource sustainability, environmental protection, and the establishment of legal frameworks necessary for trade.

Service Objectives

    China's Research Center for Economic Transition is an important basis for economic and social development thinking, its main objectives and duties are as follows.

(1)CRCET will concentrate on researching theoretical and practical problems in the process of economic transition in China, will participate in major scientific research programs and will assume important economic and social tasks in the process of related government departments' transitions, and will provide information service for China's international labor division, will assist the government and its units to fully implement WTO rules. This will enlarge international economics and trade cooperation in China’s developing economy.

(2) CRCET will assist the government's related academic institutes to establish academic teams, and to develop research teams which have both have theoretical analysis abilities and social experience together with professors from schools including Beijing University of Technology and other institutes and universities. The Center will carry out building multi-disciplined teams which will work together to combine research, teaching, consulting and training. This will further promote theoretical and practical research for China's economic transition.

(3) CRCET will prepare economic transition research, consulting, reports at the international level to provide units with information, research and consulting service.

(4) CRCET will organize training of staff for economic transition and distribute academic communications.

     CRCET will build a world class platform both at home and abroad in order to serve teachers, researchers, consultants and trainers. The center will invite famous scholars to participate in research programs and to apply for research funds from organizations both at home and abroad.

Organization Structure

    Under the leadership of the Beijing Economic and Social Development Research Institute, CRCET accepts direction in academic research from renowned academic institutions. CRCET can establish academic corporation relationships, apply for funding on a project basis, and hire part-time researchers independently. The Center's working languages are Chinese, English and German. The Center is accountable to consultant committees and academic committees who consist of domestic and international scholars as well as leaders from leading academic institutions. The Center is chaired by professor Li Jinwen, academician of China Academy of Social Science, dean of Economic and Management School of Beijing University of Technology. The day-to-day work of the Center is conducted by honorary professor Huang Haifeng, who is under the supervision of committees. He is responsible for daily work, organizing research and arranging international exchange activities.

    After China entered into WTO as a developing country,it will fulfill WTO-related duties. By studying past experiences and lessons from other developing country and transitional countries, China can further develop its modern economy. CRCET's establishment is just fit for this situation; we believe that it will have a brilliant future as well as China's economy.