Dr. Heng Quan (权衡) is a professor of economics and research fellow at Shanghai Academy of Social Sciences(SASS). He is now working as the Deputy Director of Institute of World Economy, SASS. He has been to Harvard University, Nehru University and Taiwan University as a visiting scholar. Currently he is also serving as a contributing researcher for Development Research Center of Shanghai Municipal People’s Government. He has been long engaged in extensive research about economic development and income distribution problems, poverty reduction and development issues, and urban and regional economic development matters as well as income disparities.