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5th Annual Workshop on Population Ageing and the Chinese Economy

Date: 15 July 2019
Venue: Tyree Room, John Niland Scientia Building, UNSW Sydney

CEPAR’s Australia-China Population Ageing Research Hub at the UNSW Business School is hosting its 5th Annual Workshop on Population Ageing and the Chinese Economy. This one-day workshop will be held on 15 July 2019 at UNSW Sydney and brings together academic experts, policymakers and industry practitioners to examine the impact of an ageing demographic on the Chinese economy.

The workshop features a keynote speech by Professor Hanming Fang.

Hanming FangHanming Fang is Class of 1965 Term Professor of Economics at the University of Pennsylvania and Dean of the School of Entrepreneurship and Management at ShanghaiTech University. He is a Partner Investigator at the ARC Centre of Excellence in Population Ageing Research (CEPAR) and the Scientific Director of CEPAR’s Australia-China Population Ageing Research Hub. Professor Fang is an applied microeconomist with broad theoretical and empirical interests focusing on public economics. His research covers topics ranging from discrimination, social economics, psychology and economics, and welfare reform to public good provision mechanisms, auctions, health insurance markets, and population aging. In 2008, Professor Fang was awarded the 17th Kenneth Arrow Prize by the International Health Economics Association (iHEA) for his research on the sources of advantageous selection in the Medigap insurance market. Professor Fang is currently working on issues related to insurance markets, particularly the interaction between the health insurance reform and the labour market, and the alternative health insurance reform proposals. He also studies the Chinese economy, particularly on issues related to population aging and social security. He has been a co-editor for leading economics journals, including the Journal of Public Economics and the International Economic Review, and has served on the editorial board for numerous journals. He was elected as a Fellow of the Econometric Society in 2018.

Academic Committee

Dr Katja Hanewald, UNSW, CEPAR
Professor Hanming Fang, University of Pennsylvania, ShanghaiTech University, CEPAR
Scientia Professor John Piggott, UNSW, CEPAR

Registrations have closed.





08:30 – 09:00

Arrival and Registration

09:00 – 09:15

Welcome Address and Opening Remarks

John Piggott (CEPAR, UNSW Sydney)

09:15 – 10:30

Keynote Address: Property Rights and the Housing Market

Hanming Fang (University of Pennsylvania, ShanghaiTech, CEPAR)

10:30 – 11:00

Morning Tea

11:00 – 12:30

SESSION 1 – Wellbeing
Session chair: Katja Hanewald (CEPAR, UNSW Sydney)

11:00 – 11:30

Health, Elderly Care, and Subjective Well-being: Evidence from a Randomized Experiment in China

Yi Zhang, Qingqing Zong (both Shanghai University of Finance and Economics)

11:30 – 12:00

Exploring the Relationship between Functional Limitations of the Elderly and the Health-related Quality of Life of Spouses in Shaanxi Province in China

Wanyue Dong (UNSW Sydney; Institute of Health Management and Policy, Xi’an Jiaotong University)

12:00 – 12:30

Life Satisfaction of Older Chinese: The Role of Health and Health Insurance

Sisi Yang and Katja Hanewald (both CEPAR, UNSW Sydney)

12:30 – 13:30


13:30 – 15:00

SESSION 2 – Policies and Inequality
Session chair: Bei Lu (CEPAR, UNSW Sydney)

13:30 – 14:00

Land Reallocation Responses to China’s New Rural Pension Scheme: Evidence from a Regression Discontinuity Design

Xinjie Shi (Crawford School of Public Policy, The Australian National University)

14:00 – 14:30

Income Inequality among the Elderly: Evidence from China

Katja Hanewald (CEPAR, UNSW Sydney), Ruo Jia (Peking University), Zining Liu (Peking University)

14:30 – 15:00

The Corporate Governance of Residential Care Institutions: Chinese Practice and Australian Experience

Shuo Yang (UNSW Law School)

15:00 – 15:30

Afternoon Tea

15:30 – 17:30

SESSION 3 – Long-term Care
Session chair: Hazel Bateman (CEPAR, UNSW Sydney)

15:30 – 16:00

Long-term Care Insurance Financing using Home Equity Release: Evidence from an Experimental Study

Tin Long Ho (CEPAR, UNSW Sydney), Hazel Bateman (CEPAR, UNSW Sydney), Hanming Fang (University of Pennsylvania, ShanghaiTech, CEPAR), Katja Hanewald (CEPAR, UNSW Sydney)

16:00 – 16:30

Total Health Cost Comparison Before and After Entering Long-Term Care in China

Bei Lu (CEPAR, UNSW Sydney), Guanggang Feng (Zhejiang University), Sophie Yan (CEPAR, UNSW), H.Mi

16:30 – 17:00

An Experimental Study of the Demand for Hybrid Longevity and Health Insurance Products

Cheng Wan (CEPAR, UNSW Sydney), Hazel Bateman (CEPAR, UNSW Sydney), Hanming Fang (University of Pennsylvania, ShanghaiTech, CEPAR), Katja Hanewald (CEPAR, UNSW Sydney)

17:00 – 17:30

Health Status and Functional Disability with Systematic Trends: A Comparison between China and US

Yu Fu (CEPAR UNSW Sydney; Central University of Finance and Economics); Michael Sherris (CEPAR, UNSW Sydney)


Closing Remarks

17:45 Workshop Dinner


About CEPAR and the Australia-China Population Ageing Research Hub

The Australia-China Population Ageing Research Hub is based at the UNSW Sydney node of the ARC Centre of Excellence in Population Ageing Research (CEPAR), a globally recognised multidisciplinary Australian research collaboration between academia, government and industry, committed to delivering solutions to one of the major economic and social challenges of the 21st century: population ageing.
The Hub undertakes extensive research into pension, social security and health implications of an ageing population in China, led by CEPAR Director Scientia Professor John Piggott and CEPAR Partner Investigator Professor Hanming Fang. The Hub’s research team consists of researchers Dr Katja Hanewald, Dr Bei Lu, Dr Yuanyuan Deng and Dr Sisi Yang as well as a number of PhD students, working on key areas that deliver new insights into priority reform areas, and the policy strategies to best suit the changing economic and demographic structure in China. 

Direct event or media enquiries to: Silke Weiss

Monday, July 15, 2019 - 09:00
End date: 
Monday, July 15, 2019 - 19:00
UNSW Sydney