Pan Jiahua holds a Ph.D. in Economics from the University of Cambridge. He is a Member of the Chinese Academy of Social Sciences (CASS), and Director, Research Fellow, and Doctoral Supervisor at the Institute for Urban and Environmental Studies, CASS. Zhuang Guiyang holds a Ph.D. in Economics. He is Research Fellow of the Institute for Urban and Environmental Studies, CASS; Doctoral Supervisor at the Graduate School of the University of the Chinese Academy of Social Sciences.