Dr Cheng Sun is an assistant professor in Guanghua School of Management at Peking University, and a research associate at the Development Research Centre of the State Council. She earned her B.A. from University of Rochester and her Ph.D. in Economics from Princeton University. She had worked for Hony Capital and the Investment Banking Division of Goldman Sachs before joining Guanghua School of Management. Her primary research interests include microeconomics, banking and corporate finance. Her research is supported by Development Research Centre of the State Council, Bank of China, Agricultural Development Bank of China and many others.