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Interpreting history and leading the forefront: Professor Sang Baichuan’s monograph "Understanding Opening to the Outside World" is released

Published: October 19, 2025 Editor: Liu Haijun

w88 casino News Network (provided by the w88 casino of Economics)In September 2025, the China Institute of Open Economic Theory, w88 casino of Economics, held a new book launch conference on "Understanding Opening Up" and an academic seminar on "Opening Up under Global Economic Changes". Participants came from the Development Research Center of the State Council, Renmin University of China, Beijing Normal University, Nanjing Normal University, and Experts and scholars from Kai University, Central University of Finance and Economics, China Council for the Promotion of International w88, China Society of International w88, Globalization Think Tank and other units conducted in-depth discussions on issues such as the evolution trend of the opening environment, paths to promote high-level opening up, improving global economic governance, and strategies to deal with complex and changing economic situations. "Understanding Opening Up" written by Professor Sang Baichuan, President of the China Academy of Open Economic Theory and published by People's Daily Press, was officially released at the meeting.

The book focuses on two key topics: "Why is the trend of opening up irreversible?" and "What is the practical path for China to promote a higher level of institutional opening up?", systematically combing the development process of China's opening up to the outside world for more than 40 years, analyzing the internal logic of the evolution of opening up to the outside world, and revealing the profound significance of opening up to the outside world. The core force that has changed China's economic and social landscape, summarizes China's experience in opening up to the outside world, and discusses opening strategies to cope with the great changes in the world economy. It provides indispensable in-depth interpretation and practical reference for policy researchers, economic and w88 practitioners, and readers who care about national development to understand the past, present, and future of China's economy.

Currently, the world economy is facing multiple challenges. On the one hand, the anti-globalization trend caused by factors such as tariff wars and extreme political tendencies has become increasingly prominent; on the other hand, it has become a consensus among many parties to strengthen regional collaboration and promote the diversification and stability of w88. "Understanding Opening Up" systematically combs the theoretical foundation, policy evolution, key achievements and challenges of opening up, and deeply analyzes the reform and upgrading path of the foreign w88 system, continuous optimization measures of foreign investment policies, institutional guarantees and development strategies for foreign investment, as well as the practical process and valuable experience of participating in regional economic cooperation (such as RCEP) and global governance (such as WTO, IMF, World Bank), etc., providing new perspectives and solutions to solve the current domestic and foreign economic situation.

"Understanding Opening to the Outside World" is the culmination of Professor Sang Baichuan and his team's long-term follow-up research on the theory and practice of China's open economy. It is an important achievement in exploring a higher level of China's opening up. Once published, the book attracted great attention from authoritative media. It has been reported by official media such as People's Daily Client, Daily Economic News, and China Economic News Network. It has also been recommended by a special article in the print version of "People's Daily."(Written by: Gu Shanshan Reviewed by: Taiping)

Attached are links to relevant news reports:

People’s Daily Client

People’s Daily Client

People's Daily Publishing House

Daily Economic News

China Economic News Network

People's Daily Library

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