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China's income distribution research center

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Institute of Introduction

Established in November 2011, China’s Income Distribution Research Center of Zhongnan University of Economics and Law is based on Research Center of Hubei Finance and Development. The director of the research center is Professor Yang Canming, Vice President of Zhongnan University of Economics and Law, who is a famous financial economist in China.

The research of income distribution involves multiple disciplines such as economics, law and management, while Zhongnan University of Economics and Lawtaking Economics, Law and Management as its backbones, is a key university in the Project 211 and the 985 innovation platform for predominant disciplines. Backed by state-level key disciplines like Public finance, finance and Civil and Commercial Law of our university, Chinas Income Distribution Research Center has gathered numerous brilliant talents from School of Finance and Taxation, School of Finance, School of Economics, School of Public Administration, School of statistics and Mathematics, Law and economic administration in the university by combining the advantages and characteristics of Hubei provincial-level key disciplines and key study base of provincial-level humanities and social sciences possessed by the university. An academic team consists of full-time teacher, sole duty researcher and part-time researcher is established, and an academic innovation team is preliminarily formed to specialize in income distribution study. The research center tracks domestic and overseas frontier development of the study of income distribution closely, carries out researches by focusing on hot spot, difficulty and key problems of economic society. It aimed at developing China’s Income Distribution Research Center to an international-level income distribution research center and a training base for innovation talents in order to facilitate the theory and application research of income distribution in China.

To improve the academic level of China’s Income Distribution Research Center as soon as possible and to promote the production of high-level study results, the research center paid attention to carry on substantial  international project cooperation as well as emphasizing short-term domestic and overseas academic exchanges. Therefore, on the one hand, the research center is active in holding and taking part in international and national academic meetings and invited national and foreign famous experts and scholar to lecture in the university; on the other hand, it established cooperative relationship on talents training with many universities such as University of Michigan in US, University of Cardiff in UK, University of South Queensland in Australia and University of Novi Sad in Serbia. The center has also supported several full-time teachers to get further education or attend international academic meetings in elite schools like Harvard University and Oxford University. 

Since its establishment, China’s Income Distribution Research Center has undertaken many major tasks authorized by National Social Science Fund, National Natural Science Fund, Ministry of Education, Ministry of Finance, State Administration of Taxation, Ministry of Justice, Hubei Province and Wuhan. A number of high quality research results have been published on prestigious publications such as Social Sciences in China, Economic Research Journal, Management World, Education Research, Chinese Journal of Law, Public Finance Research, Statistical Research, Journal of Financial Research, Finance & Trade Economics and the Journal of Quantitative & Technical Economics. Several achievements in the abovementioned results have been reprinted by Chinese Social Science Digest, Xinhua Digest and Information Center for Social Science, RUC after their publication. Many research results got various reward of national-level and provincial level. Several research reports compiled by the research center got significant approval by provincial level chief leaders and were adopted in practice, good social influence was achieved. Study on Income Distribution Order Regulation, the brainstorm project of major task in the Ministry of Education, was awarded outstanding achievement.

The key fields to be studied by the China’s Income Distribution Research Center in future mainly focus on the following three aspects:

1. Focus on the research of the relationship between primary distribution, redistribution & the third distribution and the problems.

2. Mainly concern on the impacts on income distribution due to financial development and innovation, leverage of fictitious economy.

3. In-depth study on problems such as underground economy, recessive economy, power economy and capital flight.

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