a master's degree in 1984, from Northwestern University at Xi’an. He received his M. Phil. in economics in 1992 and D. Phil. in economics from Oxford University. His D. Phil. supervisors were James Mirrlees (1996 Nobel Laureate) and Donald Hay. Between 1984 and 1990, he was a research fellow of the Economic System Reform Institute of China under the State Commission of Restructuring Economic System. During this period, he was heavily involved in economic reform policy making in China. He was the first Chinese economist who proposed the “dual-track price system reform” (in 1984). He was also known for his contributions to macro-control policy debating, ownership reform debating, and entrepreneurship studies. After he graduated from Oxford, he co-founded China Center for Economic Research (CCER), Peking University in 1994, and worked with the Center first as an associate professor and then as a professor until August, 1997. He then moved to Guanghua School of Management in September, 1997. Cai Hongbin Cai Hongbin was the third dean of the Guanghua School of Management. From 1997 to 2005 he was an assistant economics professor at the University of California Los Angeles. Cai Hongbin has a bachelor's degree in mathematics from Wuhan University, a master's degree in economics from Peking University, and a PhD in economics from Stanford University. He is director of J. Mirrlees Institute of Economic Policy Research (IEPR) at Peking University, and director of Guanghua Center of Innovation and Entrepreneurship. He is a National Chang Jiang Scholar (awarded by the Ministry of Education of China) and a National Outstanding Young Researcher (awarded by National Science Foundation of China). He is a member of the Central Committee of China Democratic League and Vice Chairman of its Committee of Economic Affairs. He was the founding president of The Chinese Finance Association (TCFA, overseas). He serves on the boards of China Unicom and China Everbright Bank. References Business schools in China Peking University Educational institutions established in 1985 1985 establishments in China