ࡱ> HJG%` Rbjbj"x"x F@@  $ hs^-i "  obJr"0"4 :  Y   FDF Xiaonian XU Professor of Economics and Finance, China Europe International Business School \t^ -N'kVE]FUf[b~Nmf[Nёf[Yec Dr. Xiaonian Xu is Professor of Economics and Finance at CEIBS. He worked for China International Capital Corporation Limited (CICC) since 1999 as Managing Director and Head of Research. Prior to CICC, Dr. Xu was Senior Economist with Merrill Lynch Asia Pacific based in Hong Kong from 1997 to 1998. He worked as a consultant of the World Bank in Washington DC in 1996. Dr. Xu was appointed Assistant Professor of Amherst College, Massachusetts, from 1991 to 1995, teaching Economics and Financial Markets. He was employed by the State Development Research Center of China as a research fellow from 1981 to 1985. Dr. Xu obtained Ph.D. in Economics, University of California, Davis, in 1991, and MA in Industrial Economics in 1981 from People's University of China. He received Sun Yefang Economics Prize in 1996, the highest Chinese award in the field, for his research on China's capital markets. His research interests include: Macroeconomics, Finance, Financial Institutions and Financial Markets, Transitional Economies, and China's Economic Reform. 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