Applied Economics
Originated from the Institute of Water Conservancy and Economics, this discipline was approved by the Ministry of Water Resources in 1985. It was one of the earliest universities in China to establish technical economics and management (a national key cultivation discipline, a second-level discipline doctoral program). It was approved in 1998 for industrial economics and in 2000. In 2004, it was approved as a first-level discipline master's degree authorization point. In 2010, it was granted the right to confer master's degrees in three majors: finance, international business, and asset appraisal.
I.Disciplinary direction and advantages
i.The discipline adheres to the mainstream + characteristic development path. Relying on the characteristic advantages of water conservancy of Hohai University, the discipline has a long history, strong foundation, mainstream and distinctive characteristics, and sets up industrial economics and water conservancy economics, regional economics and watershed economics, and finance to meet national strategies, regional development and industry needs. and risk management, international trade and overseas investment in four disciplines. It meets the problems of water resource constraints, regional transformation and upgrading, risk control of major projects, and overseas investment in the Belt and Road Initiative in the development of the socialist market economy, and has leading advantages in industry and regional development.
ii.There are many types of high-level platforms, which are closely related to practical needs. It has 3 national-level support platforms such as the State Key Laboratory and National Engineering Center, 3 intelligence bases and 1 national-level continuing education base. It also has 16 provincial and ministerial-level science and education platforms, such as the Jiangsu Provincial Circular Economy Engineering Center, Eastern Resources and Environment with the Sustainable Development Research Center, the Jiangsu Yangtze River Protection and High-quality Development Research Base and the Yangtze River Protection and Green Development Research Institute and other institutions for the major national strategic needs.
iii.The research field is wide, the innovation achievements are fruitful, and the service methods are plentiful. It has the most influential high-level research teams in water conservancy economy, Lancang-Mekong cooperation, and the protection of the Yangtze River, and plays a major role as a think tank in the planning of the Yangtze River, the Yellow River, the Taihu Lake, the Grand Canal, and the Lancang-Mekong River. Capitalization of water resources, capitalization of water assets, water rights trading and other aspects play an innovative and leading role, serving the government and enterprises, and pragmatically promoting the implementation of the national strategy of the Belt and Road Initiative.
II.Talent training goals and student sources
This discipline aims to cultivate high-quality, compound and innovative talents who have both ability and political integrity, master a solid theoretical foundation of economics and systematic applied economics expertise, are familiar with water-related economics, and can independently engage in scientific research and economic work. Academic postgraduates coming from double first-class universities and other outstanding students account for 50%, and 55 international students have been recruited and trained, which are widely distributed in third world countries such as Southeast Asia, Central Asia, and Africa.
III.Domestic and foreign influence
Hohai University is the lead unit of two Jiangsu University Collaborative Innovation Centers for World Water Valley and Water Ecological Civilization, Coastal Development and Protection, the director unit of the “Belt and Road” Water Strategic Alliance, the director unit of the Chinese Council of BRICS Think Tank Cooperation, and Professional Committee Unit of Jiangsu Financial Industry Federation Overseas Jiangsu. It has established strategic partners with the Ministry of Water Resources, the Ministry of Environmental Protection, China Power Construction Group, Three Gorges Group, Soho Group, Suning Financial Group, Columbia University, etc., forming service industry enterprises and watersheds, a well-known brand in the regional economy. With the help of the school's international certification (AMBA, PMI, IPMP three international certifications have been completed, AACSB and EQUIS are in progress), promoting international development, cultivating a large number of graduate students for Lancang-Mekong countries and Africa. Hohai Education has moved towards a new model of the Belt and Road Initiative, and an Overseas China collaboration platform for government, industry, academia, research, and literature has been created.
