On April 9, Professor Wang Yong, vice dean of the Institute of new structural economics at Peking University, was invited to hold an academic lecture entitled "Industrial upgrading and high-quality development: the perspective of new structural economics" in the 1301 lecture hall of the School of Finance and Economics. The lecture was presided by Professor Chen Haibo, vice dean of the School of Finance and Economics at Jiangsu University. More than 100 teachers and students from the School of Finance and Economics and the School of Management were present at the lecture.

From the theoretical perspective of new structural economics, professor Wang Yong explains how to identify industries with potential comparative advantages in this region according to the endowment structure, and emphasizes that the government should make good use of the situation to reduce transaction costs to ensure that the market plays an influential role in resource allocation. Finally, he elaborated on the key challenges and new opportunities faced by industrial upgrading.