Cao Yuanzheng, Chairman of BOCI Research company. Dr. Cao has been with the BOC since 1998, taking director and chief economist of BOC International (China) and chief economist of BOC. Before, he was head of the Bureau of Chinese Economic System Reform, SCRE (now known as the State Commission for Economic System Restructuring). He is also the vice-chairman of China Society of Macroeconomics with National Development and Reform Commission, vice president of the Latin American Association of China，vice-chairman of ILAS CASS, member of Chinese Economists 50 Forum and China Finance 40 Forum, board member of Boyuan Foundation, former director of BOC International Holdings Ltd. and executive vice president, chief economist, chief economist at bank China. He also holds academic positions such as doctoral supervisor of Renmin University of China, visiting professor at the University of Southern California, professor at Tsinghua University and Beijing University, and deputy general secretary of the China Society of Macroeconomics. Vice chairman of the Pacific Economic Cooperation Commission. Dr. Cao has profound experience on China’s economic reform. He was the expert for World Bank, Asian Development Bank and the United Nations Develop Programme, and governmental economic adviser for transition countries such as Vietnam, Mongolia, Czech Republic, Kazakhstan, Kyrgyzstan, and Uzbekistan. He is now the economic adviser for several domestic provinces. Dr. Cao obtained his post-doctoral qualifications in technical economics from Darmstadt University in Germany and a doctorate of economics from Renmin University of China. He also holds a master’s degree in economics from Wuhan University and a bachelor’s degree from Xi’an Foreign Language Institute.