Lawrence J. Lau
Encyclopedia
Professor Lawrence J. Lau (Traditional Chinese: 劉遵義), JP
Justice of the Peace
A justice of the peace is a puisne judicial officer elected or appointed by means of a commission to keep the peace. Depending on the jurisdiction, they might dispense summary justice or merely deal with local administrative applications in common law jurisdictions...

 is a Hong Kong economist and the former Vice-Chancellor of The Chinese University of Hong Kong. He is also the non-official member of the Executive Council of Hong Kong
Executive Council of Hong Kong
The Executive Council of Hong Kong is a core policy-making organ in the executive branch of the government of Hong Kong.. The Chief Executive of Hong Kong serves as its President.The Executive Council normally meets once a week...

 from 2009. Before coming to the CUHK he was an economics professor at Stanford University
Stanford University
The Leland Stanford Junior University, commonly referred to as Stanford University or Stanford, is a private research university on an campus located near Palo Alto, California. It is situated in the northwestern Santa Clara Valley on the San Francisco Peninsula, approximately northwest of San...

.

Background

He was born on 12 December 1944 in Zunyi
Zunyi
Zunyi is a prefecture-level city in Guizhou province in southwestern China. Along with Guiyang and Liupanshui, it is one of the most important cities of the province...

, Guizhou
Guizhou
' is a province of the People's Republic of China located in the southwestern part of the country. Its provincial capital city is Guiyang.- History :...

. His maternal grandfather was famed calligrapher and Kuomingtang leader Yu You-ren of Shaanxi Province.

Study and career

He received his secondary education from St. Paul's Co-educational College
St. Paul's Co-educational College
St. Paul's Co-educational College , is located at 33 MacDonnell Road, Mid-levels, Hong Kong....

 in Hong Kong, his B.S. degree in Physics and Economics, with Great Distinction, from Stanford University
Stanford University
The Leland Stanford Junior University, commonly referred to as Stanford University or Stanford, is a private research university on an campus located near Palo Alto, California. It is situated in the northwestern Santa Clara Valley on the San Francisco Peninsula, approximately northwest of San...

 in 1964, and his M.A. and Ph.D. degrees in Economics from the University of California, Berkeley
University of California, Berkeley
The University of California, Berkeley , is a teaching and research university established in 1868 and located in Berkeley, California, USA...

 in 1966 and 1969 respectively. He joined the faculty of the Department of Economics of Stanford University in 1966 and was promoted to Professor of Economics in 1976.

In 1992, he was named the first Kwoh-Ting Li Professor of Economic Development at Stanford University. From 1992 to 1996, he served as a Co-Director of the Asia/Pacific Research Center of Stanford University. From 1997 to 1999, he served as the Director of the Stanford Institute for Economic Policy Research
Stanford Institute for Economic Policy Research
The Stanford Institute for Economic Policy Research is a nonpartisan economic research institution housed at Stanford University. It was founded in 1982 as a way to bring together economic scholars from different parts of the University. George Shultz was a key player in its inception...

 (SIEPR) of Stanford University. His specialized fields are Economic Development, Economic Growth, and the Economies of East Asia, including China
China
Chinese civilization may refer to:* China for more general discussion of the country.* Chinese culture* Greater China, the transnational community of ethnic Chinese.* History of China* Sinosphere, the area historically affected by Chinese culture...

. He developed one of the first econometric models of China, in 1966, and has continued to revise and update his model since then.

Lau has been elected a member of Phi Beta Kappa, a member of Tau Beta Pi
Tau Beta Pi
The Tau Beta Pi Association is the oldest engineering honor society in the United States and the second oldest collegiate honor society in America. It honors engineering students who have shown a history of academic achievement as well as a commitment to personal and professional integrity...

, a Fellow of the Econometric Society
Econometric Society
The Econometric Society is an international society for the advancement of economic theory in its relation with statistics and mathematics. It was founded on December 29, 1930 at the Stalton Hotel in Cleveland, Ohio....

, an Academician of Academia Sinica
Academia Sinica
The Academia Sinica , headquartered in the Nangang District of Taipei, is the national academy of Taiwan. It supports research activities in a wide variety of disciplines, ranging from mathematical and physical sciences, to life sciences, and to humanities and social sciences.Academia Sinica has...

, a Member of the Conference for Research in Income and Wealth, an Overseas Fellow of Churchill College, Cambridge
Churchill College, Cambridge
Churchill College is a constituent college of the University of Cambridge, England.In 1958, a Trust was established with Sir Winston Churchill as its Chairman of Trustees, to build and endow a college for 60 fellows and 540 Students as a national and Commonwealth memorial to Winston Churchill; its...

, England, an Honorary Member of the Chinese Academy of Social Sciences
Chinese Academy of Social Sciences
The Chinese Academy of Social Sciences , established in 1977, is the premier and highest academic research organization in the fields of philosophy and social sciences as well as a national center for comprehensive studies in the People's Republic of China. It was described by Foreign Policy...

 and an Academician of the International Eurasian Academy of Sciences. He has been awarded the degree of Doctor of Social Sciences, honoris causa, by the Hong Kong University of Science and Technology
Hong Kong University of Science and Technology
The Hong Kong University of Science and Technology is a public university located in Hong Kong. Established in 1991 under Hong Kong Law Chapter 1141 , it is one of the nine universities in Hong Kong.Professor Tony F. Chan is the president of HKUST...

. He has been a John Simon Guggenheim Memorial Foundation Fellow and a Fellow of the Center for Advanced Study in the Behavioral Sciences
Center for Advanced Study in the Behavioral Sciences
The Center for Advanced Study in the Behavioral Sciences is an American interdisciplinary research body in Stanford, California focusing on the social sciences and humanities . Fellows are elected in a closed process, to spend a period of residence at the Center, released from other duties...

. He is the author or editor of five books and more than one hundred and sixty articles and notes in professional publications.

Lau is active in both academic and professional services. He is an Honorary Research Fellow of the Shanghai Academy of Social Sciences, Shanghai; an Honorary Professor of the Institute of Systems Science, Chinese Academy of Sciences
Chinese Academy of Sciences
The Chinese Academy of Sciences , formerly known as Academia Sinica, is the national academy for the natural sciences of the People's Republic of China. It is an institution of the State Council of China. It is headquartered in Beijing, with institutes all over the People's Republic of China...

, Jilin University
Jilin University
Jilin University is a leading national university under the direct jurisdiction of China's Ministry of Education.-History:Founded in 1946 as the Northeast College of Administration in Harbin, Heilongjiang, Jilin University merged with many Universities and colleges and changed its name many times...

, Nanjing University
Nanjing University
Nanjing University , or Nanking University, is one of the oldest and most prestigious institutions of higher learning in China...

, People's University, Shantou University
Shantou University
Shantou University is a provincial level University in the Guangdong city of Shantou. It was authorised and established in 1981 by the State Council and Guangdong Government under the “Project 211” program. Mr. Li Ka-shing, a global businessman and philanthropist, contributed HK $3.1 billion to...

, Southeast University
Southeast University
Southeast University , colloquially Dongda is a public, coeducational research university located in Nanjing, Jiangsu Province, China....

, and the School of Economics and Management, Tsinghua University
Tsinghua University
Tsinghua University , colloquially known in Chinese as Qinghua, is a university in Beijing, China. The school is one of the nine universities of the C9 League. It was established in 1911 under the name "Tsinghua Xuetang" or "Tsinghua College" and was renamed the "Tsinghua School" one year later...

, Beijing; an International Adviser, National Bureau of Statistics, People's Republic of China
People's Republic of China
China , officially the People's Republic of China , is the most populous country in the world, with over 1.3 billion citizens. Located in East Asia, the country covers approximately 9.6 million square kilometres...

 and a member of the Board of Directors of the Chiang Ching-kuo Foundation for International Scholarly Exchange, Taipei.

He was appointed Vice-Chancellor of The Chinese University of Hong Kong in June 2004.

In 2009, he became a member of the International Advisory Council of the Chinese sovereign wealth fund
Sovereign wealth fund
A sovereign wealth fund is a state-owned investment fund composed of financial assets such as stocks, bonds, property, precious metals or other financial instruments. Sovereign wealth funds invest globally. Some of them have grabbed attention making bad investments in several Wall Street financial...

 China Investment Corporation
China Investment Corporation
China Investment Corporation is a sovereign wealth fund responsible for managing part of the People's Republic of China's foreign exchange reserves. CIC was established in 2007 with approximately US$200 billion of assets under management, making it one of the largest sovereign wealth funds...

.

Lau is currently the Ralph and Claire Landau Professor of Economics, The Chinese University of Hong Kong.
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