University of Nottingham Ningbo China
School of
Contemporary Chinese Studies
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Shujie Yao

Professor of Economics and Chinese Sustainable Chinese Studies, Cheung Kong Scholar Professor , Director of Nottingham Confucius Institute China Ningbo Branch    


PHD in Economics (Manchester)


  • Room AB451-1, Administration Building,
    The University of Nottingham Ningbo China
    199 Taikang East Road
    Ningbo 315100  
  • +86 574 8822 7341
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After completing his PhD in Economics from the University of Manchester in 1989, Shujie Yao worked at the Universities of Oxford, Portsmouth and Middlesex as research fellow, lecturer, Professor and Head of Economics Department before joining The University of Nottingham as Professor of Economics and Chinese Sustainable Development in August 2006.

Subsequently appointed as the first Head of the School of Contemporary Chinese Studies at Nottingham in January 2007, Prof. Yao is an expert on economic development in China. He was awarded by Chinese Ministry of Education in 2014 as Cheung Kong Scholar and in August 2015, Prof. Yao took up the post of Assistant Provost in the University of Nottingham Ningbo China. He has published 11 research monographs, edited books, as well as produced more than 90 refereed journal articles. He was ranked eighth among the world's China scholars specialising in the study of the Chinese economy in a recent article published in the Journal of Asian Economic Literature.

Professor Yao has published widely in many top economics and development journals in the world, including the Journal of Political Economy, Journal of Comparative Economics, Economic Development and Cultural Change, World Economy, China Quarterly, and the Journal of Development Studies, China Economic Review, among others. He is founding editor of Journal of Chinese Economic and Business Studies, chief economics editor of Xi'an Jiaotong University Journal (Social Sciences), editorial member of Journal of Comparative Economics (2006-2010), Food Policy (1992-2011) and Journal of Contemporary China (from 2010).

Prof. Yao is also coordinator of the China and the World Economy programme at the Globalisation and Economic Policy Centre at Nottingham and special chair professor of economics of Xi'an Jioatong University. He has had a wide range of consultancy experience with major organisations including the UNDP, FAO, World Bank, ADB, DFID, EU and the UNCDF, working in many less developed and transitional economies in Africa, Asia and Eastern Europe.

Expertise Summary

Transitional economies; China and the world economy; Income and regional inequality; Sustainable economic development; Foreign direct investment; Economic reforms; Financial reform in China; Impact of global competition on state institutions.

Research Summary

I am currently working in the following research areas: (1) the Chinese financial markets, (2) Chinese economic development, (3) trade and foreign direct investments, both inflows and outflows, with a special focus on China, (4) energy and energy security of China, (5) China as a rising power and its impact on world economy and politics. 

Economic Development in China, Foreign Direct Investments (in and out), Banking Sector (financial sector) Efficiency, International Trade, Rural Development, Income Inequality and Poverty

Past Research

(1) Chinese agricultural and rural development; (2) Regional economic growth and convergence; (3) Economic growth, income distribution and poverty reduction; (4) Rural-urban migration and rural township enterprises; (5) Performance of state-owned enterprises under reforms. 

Future Research

Prof. Yao is interested in supervising PhD students or Master by Research (MRes) students in the following areas: Economic Development in China, Foreign Direct Investments (in and out), Banking Sector (financial sector) Efficiency, International Trade, Rural Development, Income Inequality and Poverty

Recent Publications

JIANG, C., YAO, S. and FENG, G., 2013. Bank ownership, privatization, and performance: evidence from a transition country Jounal of Banking and Finance. 37(9), 3364-3372. 
YAO, SHUJIE, DAN, LUO and LIXIA, LOH, 2012. On China’s Monetary Policy and Asset Prices, Aplied Fiancial Economics. 23(5), 377-392.
CHEN, C., CHEN. G. and YAO, S., 2012. Do imports crowd out domestic consumption?: a comparative study of China, Japan and Korea China Economic Review. 23(4), 1036-1050
YAO, SHUJIE, DAN, LUO and TYLER, ROOKER, 2012. Energy efficiency and economic growth in China, Asian Economics Papers. 11,(2,), 99-121.


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