The Household Finance Issues in China

Zhao Sibo, Ph.D. in Sociology, is currently the associate professor and M.A. student’s advisor in School of Sociology and Psychology, Central University of Finance and Economics. She holds doctorate degree in sociology from State University of New York at Buffalo. Her main research directions are family sociology and financial sociology. Her research interests include intra-family resource allocation and power distribution, financial literacy, and household financial behavior. Her first English monograph is Child Care Time in China, 2004-2011. She has published 30 academic papers in SSCI and CSSCI journals such as Social Indicator Research and Sociological Review. She is the principal investigator for more than 10 research projects, including the National Social Science Foundation entitled “Research on the Financial Health of Chinese Residents from the Perspective of Life Course” and other studies funded by Beijing Social Science Foundation, Beijing Natural Science Funds, Beijing Municipal Education Commission, Education and Teaching Reform, etc.

Zhao Dawei, a senior research fellow, Ph.D. in Economics, is currently the deputy secretary general of the FinTech Research Center of the Financial Research Institute of the People's Bank of China. He holds bachelor’s, master’s, and doctorate degrees in economics all from Central University of Finance and Economics. In 2009, funded by China Scholarship Council, as a visiting scholar, he went to the State University of New York. After Dr. Zhao has joined into the People's Bank of China Financial Research Institute in 2011, he has won the First Award of the “Youth Research Project 2019" of the People's Bank of China, the First Award of the "2017-2018 the PBC FinTech Research Project" by FinTech Committee of the People's Bank of China, and the First Award of the "2018 FinTech Youth Thesis" by FinTech Research Center of National Institution for Finance & Development. With a long-term focus on FinTech and RegTech, Dr. Zhaohas published more than 50 academic papers. As the author and the co-author, Dr. Zhao has compiled “Technology Rebuild Finance: FinTech Utilization and Perspective”, “Chained Future: Blockchain Theory and Application”, “Development Trends and Supervision of FinTech”, “China FinTech Annual Report (2018, 2019, 2020)”, “Annual Report on China's RegTech Development (2019, 2020)”, and other works.