Faculty Profiles

Sheng, Songcheng
Adjunct Professor of Economics and Finance, CEIBS
Dr. Sheng Songcheng is Adjunct Professor of Economics and Finance at CEIBS. He has been granted Special Government Allowances of the State Council since 1999 and was a deputy of the 11th National People's Congress. He is right now a counselor of Shanghai Municipal People's government, chairman of statistical analysis Professional Committee of China Internet Finance Association, President of China Chief Economist Forum. Prior to joining CEIBS, he has served a wide range of positions within the central bank, for instance, Director General of the Financial Survey and Statistics Department at the People’s Bank of China (PBoC), President of People’s Bank of China in Shenyang branch, etc..
Prof. Sheng Songcheng’s research interests mainly include Monetary Economics, Monetary Theory and Policy, and Macroeconomic Analysis. He made outstanding contribution in the research of aggregate financing to the real economy, capital account opening-up, interest rate liberalization, as well as financial transformation and development. He has also made great contributions to the research, compilation and promotion of the Aggregate Finance to the Real Economy (AFRE), one of the key indicators of the financial macro-regulation of China. Dr. Sheng is the author of several hot-sale books and he has published nearly one hundred of papers in the leading field journals including Social Sciences in China, Economic Research Journal, Journal of Financial Research and China Finance.
Prof. Sheng Songcheng was granted the second prize of Scientific Research Award for young scholars by Henry Fok Educational Foundation in 1993 (first prize vacancy), and won the Excellent Text Book Award among all finance teaching materials of colleges and universities, the first “Golden Morning” excellent research award of The Chinese Financial Education Development Foundation, the first outstanding scientific research award granted by State Education Commission, “Golden Sheep” Award for financial books in 2013 and the first prize of excellent research achievement awarded by China Financial Education Development Foundation.
- 1993, Ph.D., in Economics, Shanghai University of Finance & Economics
- 1985, M.A. in Economics, Shanghai University of Finance & Economics
- 1982, B.S. in Economics, Shanghai University of Finance & Economics
- Monetary Economics
- Monetary Theory and Policy
- Macroeconomic Analysis
- Analysis on Macroeconomics and Finance
- Modern Monetary Economics
2023-09-06 Cutting interest rates to boost consumption and investment may have limited effect
2022-07-11 Ensuring timely, adequate funding key to boosting real estate sector
2022-01-19 Ex-PBOC Official Says China Has Small Window for Policy Easing
2021-11-03 China must increase fiscal support to boost economic growth, Prof Sheng Songcheng tells SCMP
2021-09-10 CEIBS index ranks Shanghai amongst top asset management centres in the world
2021-08-02 Why Chinese house prices keep going up and up
2021-05-30 Rise in the yuan is due to short-term speculation and probably won’t last, says Prof Sheng Songcheng
2021-03-17 Prof Sheng Songcheng warns against monetary policy tightening
2020-10-30 Sheng Songcheng discusses Shanghai's rise on global financial stage
2020-04-09 China Daily: Prof Sheng Songcheng says no concern for China’s holdings in US Treasury
2020-04-08 Yicai Global: Prof Sheng Songcheng debunks 'freezing' of US treasury notes
2020-03-09 Infrastructure investment can offset virus shock to China’s economy
2020-02-03 CGTN: Prof Sheng Songcheng on policy easing measures to fend off risks posed by the coronavirus
2019-12-13 CEIBS Professor Sheng Songcheng on China's GDP growth in 2020
2019-12-09 Keeping the RMB Exchange Rate Stable and Opening up China’s Capital Account
2019-02-12 China’s Central Bank Bill Swap Different from QE
2019-01-17 Why Chinese Central Bank Won’t Make Stock, ETF Purchases
2018-10-19 Sheng Songcheng: Not the time to increase China’s interest rates
2018-08-15 6 Keys to Understanding China’s Rising Real Estate Prices
2017-09-29 ICO Ban Was the Right Thing to Do