Dr. Wang Zhenying earned his PhD in Law from Renmin University of China in 1994. He currently serves as a research fellow at the People's Bank of China. Dr. Wang gained significant recognition within the economics community following the publication of his book, Principles of Transactional Economics, in 2016. The book's impact extended beyond China, as evidenced by a special report in the Financial Times titled "Chinese official finds fault with western economics”.