Welcome to CFDS
The Center for Financial Development and Stability is a Chinese think tank at the School of Economics at Henan University that offers with its research a broad look at applied and theoretical issues relevant to China and the world.
Mission
Our mission is to produce research that helps people understand the social and economic systems and supports the public decision-making process. We share knowledge and build relationships among academics, government officials, the business community, and the public.
Meet our Members

Makram El-ShagiDirector
Research Interests:
Monetary Macroeconomics, International Macroeconomics, Econometrics

Lunan JiangDeputy Director
Research Interests:
Monetary Macroeconomics, International Macroeconomics, Econometrics

Research Interests:
Macroeconomics, Monetary Policy, International Economics, Housing, Financial Market, DSGE models

Research Interests:
Behavioral Economics, Experimental Economics, Development Economics, Applied Econometrics

Research Interests:
Comparative economic development,
Culture and economic development,
Game theory, and Economic history






