December 29, 2010 marks the 100th birthday of Professor Ronald Harry Coase, the founder of New Institutional Economics and the winner of the 1991 Nobel Prize for economics. To celebrate his 100th birthday, Unirule Institute of Economics decides to initiate and co-host the Conference "Ronald Coase and China" in cooperation with 10 other academic organizations.

Sheng Hong (Opening Remarks)：

Professor Ronald Coase, Mrs. Coase, Ladies and Gentlemen,

Let's start the conference: Coase and China. This conference is holding in three different places: Chicago, Beijing, and Shanghai, with two different times. Now it is 19 o'clock, December 28 in Chicago, while 9 o'clock, December 29 in Beijing and Shanghai. However, all of us at the conference have a common time. Now it is 1 o'clock, December 29, 2010 in London. Near London, there is a place called Willesden where 100 years ago, on December 29, 1910, a boy was born. Afterward, this boy became a great man, who launched a revolution in the field of economics, started up the new institutional economics which influenced very much on economic practices, especially those of the reform in China. His name is Ronald Harry Coase.

Today, we are gathering together for celebrating his 100th birthday. We understand very clearly that we can not present him a birthday gift more valuable than a spiritual one, because he is a thinker. Therefore, we hold the conference.

Conference Agenda

Proceedings Contents

             Ronald Coase                               Zhang Wuchang                          Zhou Qiren

            Sheng Hong                                  Qian Yingyi                               Zhang Weiying

               Xiao Geng                              Xu Chenggang                          Luo Weidong

               Shi Jinchuan                                Zhang Shuguang                           Wei Sen