File photo of Cheng Siwei
It's reported that renowned Chinese economist Cheng Siwei passed away early on Sunday. He was 80.
Cheng Siwei was born June 1935 in Hunan Province.
He served as the Vice-Chairman of the Standing Committee of the Ninth and Tenth National People's Congresses from 1998-2008.
His research mainly covers complexity science, fictitious economy, venture capital, chemical systems engineering, soft science and management science.
He has published several books, including Chromic Salts Technology, Rejuvenating Chemical Industry through Science and Technology, Soft Science and Reform, Large Linear Target Programming and Application, Research in China's Economic Development and Reform and Economic Reform and Development in China. In 2010, he began having his works translated into English and published through Enrich Professional Publishing in Hong Kong, for a worldwide readership. The books Selected Works of Cheng Siwei, Economic Reforms and Development in China: Three-Volume Set are some of his most recent works. He has nearly 300 publications under his name at home and abroad.
In recent years, he has devoted himself to the use of complexity science to study issues relating to the development and reform of China, made enormous efforts to explore and explain the characteristics and law of development of the fictitious economy, and actively studied and promoted the development of venture capital in China. The Brookings Institution has hosted him as a speaker in an effort to find out more about China's 12th 5-year-plan, including its top-level policy objectives.