中文
  • Faculty

    Department of Digital Economy

    Hui ZHAO

    Position:Professor
    Research Interests:Data Elements, Data Governance, China-ASEAN Economic Cooperation
    E-mail:zhaohui_2020@gxu.edu.cn
    Educational Background

    Postdoctoral Researcher in Economics, Tsinghua University, School of Social Sciences, Big Data Science (2022)

    Visiting Scholar, Fordham University Business School, Computer Science (2020)

    Visiting Scholar, The University of Hong Kong, Business School, Finance & Big Data Science (2017)

    Ph.D. in Finance, Guangxi University, School of Business (2017)


    Working experience

    Professor, School of Economics, Guangxi University (July 2025 - Present)

    Professor, School of Business, Guilin University of Electronic Technology (Nov 2022 - July 2025)

    Postdoctoral Researcher, Tsinghua University, School of Social Sciences (Oct 2020 - Oct 2022)

    Associate Researcher, China-ASEAN Research Institute, Guangxi University (Mar 2019 - Sep 2020)

    Deputy Director & Associate Researcher, China-ASEAN Research Institute, Guangxi University (Sept 2018 - Mar 2019)

    Junior / Associate Researcher, China-ASEAN Research Institute, Guangxi University (Sept 2014 - Jul 2018)

    Granted Projects

    1. Principal Investigator, National Social Science Fund Youth Project on "The Path of RMB Internationalization from the Perspective of Pricing Function", Project No. 19CJL048.

    2. Principal Investigator, China Postdoctoral Fund Project on "Path Planning for RMB Internationalization in the ASEAN Region", Project No. 2021M691794.

    3. Principal Investigator, Ministry of Education Social Science Fund Project on "Capital Structure Optimization Strategies of Chinese Listed Companies under Financial Structure Constraints", Project No. 16YJC790144.

    4. Principal Investigator, Foreign Ministry NACT, Project on "Promoting RMB Regionalization in the Belt and Road Framework", Project No. NACT201619.

    5. Principal Investigator, Guangxi Government Development Research Center Project on "Innovation-Driven Bottlenecks and Countermeasures in Guangxi"

    6. Principal Investigator, Guangxi Higher Education Reform Project on "Digital Economy Talent Development from the ASEAN Perspective"

    7. Key Member, participated in the National Natural Science Fund Major Project "Designing the Boundary, Trading, and Pricing Mechanisms for Data Elements", Project No. 72192802.

    8. Key Member, participated in the National Data Bureau's Project "Research on the Educational System for Data Elements", Project No. SJ-KJ 2024013.

    9. Key Member, participated in Tsinghua University's Key Funding Project "Experimental Research on AI-Assisted Doctor Decision Making", Project No. 2020GQG1018.

    10. Key Member, participated in the Ministry of Education's Major Research Project "Monetary Policy Adjustment in the Context of Supply-Side Structural Reform", Project No. 16JZD017.

    11. Key Member, participated in the Ministry of Education's Major Research Project "Research on the Construction of the 21st Century Maritime Silk Road", Project No. 15JZD038.

    12. Key Member, participated in the Guangxi Social Science Major Bidding Project "Research on Guangxi's Financial Reform and Development in the New Normal", Project No. KTZB-2015-05.

    13. Key Member, participated in the Guangxi Graduate Education Reform Project "Reform and Practice of the Excellence Engineer Cultivation Model Based on Industry-Education Integration".

    14. Key Member, participated in the Guangxi "New Engineering" Project "Talent Cultivation for IE+AI Industrial Engineering Aimed at Intelligent Manufacturing".


    Publications

    1. "How Do Board Reforms Affect Debt Financing Costs Around the World?", Journal of Financial and Quantitative Analysis, FT50, SSCI, Q1,2023, First Author.

    2. "How Does Agglomeration Affect Entrepreneurship in the North and South of China?", Chinese Journal of Management Science, A-Class Journal, FMS T1, CSSCI, 2023, First Author.

    3. "Quantifying Financing Needs in the Belt and Road Countries", Emerging Markets Finance and Trade, SSCI, Q3, 2019, Corresponding Author.

    4. "Housing Price Fluctuations and Manufacturing Upgrading: A Spatial Econometric Analysis Using Provincial Panel Data", Science Decision, CSSCI, 2020, Corresponding Author.

    5. "Exploration of the RMB as a 'Currency Anchor' and Its Influencing Factors—Empirical Analysis from the Belt and Road Countries", Commercial Research, CSSCI, 2020, First Author.

    6. "Local Financial Development, Intellectual Property Protection, and Dynamic Adjustment of Capital Structure of Innovative Enterprises", Guangxi University Journal (Philosophy and Social Sciences Edition), CSSCI, 2020, First Author.

    7. "An Evaluation of the Current Situation and Promotion Strategies for RMB Capital Account Liberalization from the Perspective of Financial Security", Guangxi University Journal (Philosophy and Social Sciences Edition), CSSCI, 2020, Corresponding Author.

    8. "The Impact of Neighboring Countries' Exchange Rate Effects on China and Belt and Road Countries' Trade—An Empirical Analysis Based on a Dynamic Spatial Econometric Model", Asia-Pacific Economic Review, CSSCI, 2019, Corresponding Author.

    9. "ASEAN Financial Investigation Report: 2018" (Monograph), China Social Sciences Press, 2020, First Author.


    Honors and Awards

    1. Awarded the "BaGui Youth Top Talent" title in Guangxi for research on "Improving Government Decision-making with High-Frequency Macroeconomic Indexes," 2023.

    2. Awarded the "Start-Up Award" by the Guangxi Tsinghua Alumni Association, 2023.

    3. As one of the project leaders for Tsinghua University's High-Frequency Macroeconomic Big Data Project, the team's research" Online Internet Salary (ISI) Index" was released during Tsinghua University's 110th anniversary and has been used as a fixed high-frequency indicator in Tsinghua University's quarterly macroeconomic forum in 2020, 2021, and 2022.

    4. As a key member, contributed to the team report "Overall Plan for Building Guangxi’s Financial Gateway to ASEAN," which was submitted to the State Council, approved, and used by 13 ministries to update Guangxi's strategic positioning, 2018.

    5. As a key member, contributed to the report "Policy Suggestions for Guangxi's Financial Reform and Development in the New Normal," which was included in the "China-ASEAN Research Report," and received praise from the then Guangxi Autonomous Region Government leadership. The report won the second prize for outstanding results in the philosophy and social sciences category in Guangxi, 2016.

    6. As a key member, contributed to the team report "Research and Countermeasures for Financing Difficulties in Major Projects of Guangxi's Private Enterprises," which won the second prize for outstanding results in Guangxi's philosophy and social sciences category, 2016.

    7. As a key member, contributed to the team report "Leading with the Construction of the 21st Century Maritime Silk Road," which was included in the diplomatic policy consultation report and received instructions from the then national leadership, 2014.


    Teaching Courses

    Python for Economic Big Data Analysis"

    "Economic Big Data Analysis"

    "Corporate Digital Transformation"

    "Financial Economics"

    "Corporate Finance"


    Social Service

    Doctoral Dissertation Defense Committee Member, Tsinghua University (May 2025 - Present)

    Visiting Professor, Guilin University of Technology (Dec 2022 - Present)

    Consulting Expert, Guangxi Government Development Research Center (Dec 2020 - Present)

    Distinguished Researcher, Silk Road Financial Research Center, Central University of Finance and Economics (Oct 2021 - Sep 2024)



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