在接受BBC中文訪問時,港大經管學院副院長鄧希煒教授表示,當前全球經濟環境與1980年代已截然不同。中國在全球供應鏈中的地位、資本管制框架以及經濟結構,都意味著不能簡單將中國視為「另一個日本」,以複製《廣場協議》的方式來應對。

3917 0029
3917 4388
MB 335/ KK 920
- PhD: MIT
- Bachelor: UCLA
Prof. Heiwai Tang is the Victor and William Fung Professor in Economics at the University of Hong Kong (HKU), where he also serves as Director of the Asia Global Institute, Associate Vice President (Global) of the university, and Associate Dean for External Relations at the Business School. Before joining HKU, he was a tenured Associate Professor of International Economics at the School of Advanced International Studies (SAIS) of Johns Hopkins University.
He is affiliated with the Center of Economic Studies and Ifo Institute (CESifo) in Germany, the Asian Bureau of Finance and Economic Research (ABFER) in Singapore, the Kiel Institute for the World Economy in Germany, and the Globalization and Economic Policy (GEP) Center in the U.K. as a research fellow. He has consulted for organizations such as the World Bank, the International Finance Corporation, the United Nations, and the Asian Development Bank. He has also held visiting positions at the International Monetary Fund (IMF), Stanford University, the Massachusetts Institute of Technology (MIT), and Harvard University.
He has previously served as the Managing Editor of the Pacific Economic Review, and as an Associate Editor for the Journal of International Economics, the Journal of Comparative Economics, and the China Economic Review. Since 2021, he has been involved with several public and regulatory bodies in Hong Kong SAR, including the Currency Board Sub-Committee of the Hong Kong Monetary Authority’s Exchange Fund Advisory Committee, the Industry Advisory Committee of the Insurance Authority, the Securities and Futures Appeals Tribunal, the Land and Development Advisory Committee, and the Minimum Wage Commission, among others.
Heiwai holds a Ph.D. in economics from MIT and a Bachelor of Science in mathematics from UCLA. His research interests span a wide range of theoretical and empirical topics in international trade, with a specific focus on production networks, global value chains, and China. His research has been published in leading economics journals, including the American Economic Review and the Journal of International Economics. His research and opinions have been featured in the BBC, Bloomberg, China Daily, CNA, CNN, Financial Times, New York Times, Al Jazeera, Foreign Policy, South China Morning Post, and various think tanks, including the Brookings Institution and the Peterson Institute for International Economics.
Columbia-LBS-HKU EMBA: The New World Order
HKU-PKU DBA: Frontiers in Economics Research
Fudan-HKU IMBA: The New World Order
HKU: Undergraduate Common Core – China in the Global Economy; MBA – Global Economy; Master of Economics – Economic Policy
International Trade, Global Value Chains, Development Economics
- Towards the Future of BRICS+, Eds (with Brian YS Wong), HKU Press, August 2025
- “Trade Networks and Firm Value: Evidence from the US-China Trade War,” Journal of International Economics, forthcoming. (with Yi Huang, Chen Lin, and Sibo Liu)
- “Currency Carry Trade by Trucks: The Curious Case of China’s Massive Imports from Itself”, Review of Finance, 27(2), March 2023, pp. 469–493. (with Xuepeng Liu, Zhi Wang, and Shang-Jin Wei)
- “Do Multinationals Transfer Culture? Evidence on Female Employment in China”, Journal of International Economics, 133, Nov 2021, 103518. (with Yifan Zhang)
- “Domestic Segment of Global Value Chains in China under State Capitalism”, Journal of Comparative Economics, 48(4), Dec 2020, pp. 797-821. (with Fei Wang and Zhi Wang)
- “Why is China Investing in Africa? Evidence from the Firm Level”, World Bank Economic Review, 32(3), Oct 2018, pp. 610-632. (with Wenjie Chen and David Dollar)
- “Are Foreign Firms Favored in China? Firm-level Evidence on the Collection of Value-Added Tax”, Journal of International Business Policy, 1(2), Inaugural Issue, Jun 2018, pp. 71-91. (with Yasheng Huang)
- “Domestic Value Added in Exports: Theory and Firm Evidence from China”, American Economic Review, 106(6), Jun 2016, pp. 1402-1436. (with Hiau Looi Kee)
- “Learning to Export from Neighbors”, Journal of International Economics, 94(1), Sep 2014, pp. 67-84. (with Ana Fernandes)
- “Factor Intensity, Product Switching, and Productivity: Evidence from Chinese Exporters”, Journal of International Economics, 92(2), Mar 2014, pp. 349-362. (with Yue Ma and Yifan Zhang)
- “International Politics and Import Diversification”, Journal of Law and Economics, 56(4), Nov 2013, pp. 1091-1121. (with Sergey Mityakov and Kevin Tsui)
- “Determinants of Vertical Integration in Export Processing: Theory and Evidence from China”, Journal of Development Economics, 99(2), Nov 2012, pp. 396-414. (with Ana Fernandes)
- “Labor Market Institutions, Firm-specific Skills, and Trade Patterns”, Journal of International Economics, 87(2), Jul 2012, pp. 337-351.
- MAS Term Professor in Economics and Finance, 2024
- APEC Study Center Financial Support from the HKSAR Government, PI, HKD 2,500,000, 2022-2027
- HKU Knowledge Exchange Grant, PI, HKD 497,000, 2023
- Hong Kong RGC Grant, Co-PI, HKD 418,975, 2022-2024
- Committee of 100 Next Generation Leader, 2018
- Richard Paul Richman Center for Business, Law, and Public Policy Grant, Columbia University, Co-PI, USD 14,500.
- Social Sciences and Humanities Research Council (SSHRC) of Canada Insight Grant, Co-Investigator, CAD 78,736
- Student-Elected Best Professor of the Master of International Econ and Finance Program, JHU SAIS, 2016-2017
- Alcoa Foundation Grant, Co-PI, USD 500,000, 2016-2019
- Hong Kong RGC Grant, Co-PI, HKD 364,378, 2017-2019
- Outstanding Referee Journal of International Economics, 2014-2017.
- Hong Kong RGC Grant, Co-PI, HKD 336,462, 2011-2013
- The Nuffield Foundation Social Science Grant, SGS/36581, Co-PI, £12,000, 2009-2011
- MIT Presidential Fellowship, 2002-2003
- Member, Process Review Panel for the Mandatory Provident Fund Schemes Authority, HKSAR, 2025 –
- Member, Land and Development Advisory Committee, HKSAR, 2024 –
- Member, Council of Advisers for Monetary Research, HKIMR, 2024 –
- Member, Project Lift, Hong Kong Jockey Club, 2024 –
- Securities and Futures Appeals Tribunal of the HKSAR government, member, 2023 –
- Panel of Arbitrators of the Labour Relations Ordinance, HKSAR, member, 2023 –
- Insurance Authority in Hong Kong SAR, Member of the Industry Advisory Committee, 2022 –
- Telecommunications Appeal Board of the HKSAR Government, Member, 2022 –
- Currency Board Sub-Committee of the HKMA Exchange Fund Advisory Committee, Member, 2021-
- Minimum Wage Commission in Hong Kong SAR, Member, 2021 –
- Pacific Economic Review, Managing Editor, 2022 –
- Journal of International Economics, Associate Editor, 2019 – 2022
- China Economic Review, Associate Editor, 2018 –
- Journal of Comparative Economics, Associate Editor, 2017 – 2023
- China Economics Summer Institute, Academic Committee Member, 2017 –
- International Finance Corporation (IFC), Consultant, 2017 –
- United Nations Industrial Development Organization, Consultant, 2016 – 2017
- Asian Development Bank, Consultant, 2016 – 2017
- IMF, Research Department, Visiting Scholar, 2015 – 2016
- World Bank, Consultant, 2013 – 2017
- Jul 2025: Made by Hong Kong: Strategies for New Industrialisation
- Jan 2024: Hong Kong AI Industry Development Study
- Jul 2023: IP Commercialization: A Boost for Hong Kong Re-Industrialization Strategy
- Jan 2022: Reindustrialization Study – Hong Kong
政府正就首個五年規劃展開公眾諮詢。港大經管學院副院長鄧希煒最近就五年規劃接受傳媒訪問時提出幾點回應。
港大經管學院副院長鄧希煒教授接受《大公報》訪問時具體勾勒出金融賦能實體經濟的三條路徑:支持科創企業,尤其是具備新質生產力的中小微企業;支持知識產權出海,中企已步入文化、品牌與知識產權輸出的新階段;支持貿易金融與貿易保險,協助企業在複雜國際環境中順利融資及出口
瑞士洛桑國際管理發展學院(IMD)發布《2026年世界競爭力排名》顯示,香港競爭力位列全球第二,僅次新加坡。港大經管學院副院長鄧希煒教授在《信報》表示,相較香港,新加坡在工業發展方面一直採取較積極進取的策略,尤其是在新興工業方面。
過去逾半個世紀的全球商業史,有兩個令人印象深刻的景象。 一是通用汽車、可口可樂、麥當勞、星巴克、耐克、蘋果、特斯拉等美企席捲全球; 二是豐田、索尼、迅銷等日企在海外市場攻城掠地。 如今,比亞迪、寧德時代、字節跳動 (TikTok)、拼多多(Temu) 等中企,正掀起新一輪全球化浪潮。
近年中外雙向投資格局經歷顯著變化,香港橋樑角色的內涵也隨之延伸。若要分析其中演變與發展機遇,必須檢視中國實際使用外資 (realized foreign direct investment,以下簡稱FDI) 和對外直接投資 (outward foreign direct investment ; 簡稱ODI) 的數據趨勢。
於2022 Foundation《香港未來發展路徑》報告發布會上及《星島日報》相關報導中 ,港大經管學院副院長鄧希煒教授表示,若伊朗相關局勢持續至八月未見緩解,香港出口及整體經濟年底前將面臨較大壓力。
在地緣政治的持續衝擊下,近年各國日益重視安全風險,全球經貿格局從一體化自由貿易轉向碎片化。在此變局中,中國經濟展現強大韌性,加速從世界工廠升級為科技強國; 中企出海已成為國際商業趨勢,深度融入各地經濟發展與人民生活之中。




