Professor Lawrence J. Lau received his B.S. degree (with Great Distinction) in Physics and Economics from Stanford University in 1964 and his M.A. and Ph.D. degrees in Economics from the University of California at Berkeley in 1966 and 1969 respectively. He joined the faculty of the Department of Economics at Stanford University in 1966, becoming Professor of Economics in 1976 and the first Kwok-Ting Li Professor in Economic Development at Stanford University in 1992. He became Kwoh-Ting Li Professor in Economic Development, Emeritus, at Stanford University upon his retirement in 2006.
From 2004 to 2010, Professor Lau served as Vice-Chancellor (President) of The Chinese University of Hong Kong. In 2010, he was appointed Chairman of CIC International (Hong Kong) Co., Limited, a wholly-owned subsidiary of China Investment Corporation, the sovereign wealth fund of China, and serves concurrently as Ralph and Claire Landau Professor of Economics at The Chinese University of Hong Kong. He retired as Chairman of CIC International (Hong Kong) Co., Limited on 10th September, 2014.
Professor Lau specialises in economic development, economic growth, and the economies of East Asia, including that of China. In 1966, he developed the first econometric model of China. He has authored, co-authored, or edited six books and published more than 170 articles and notes in international professional journals.
Professor Lau is a member of the 11th National Committee of the Chinese People’s Political Consultative Conference and a Vice-Chairman of its Subcommittee of Population, Resources and Environment. He is also a non-official member of the Executive Council of the Government of the Hong Kong Special Administrative Region. In addition, he currently serves as an Executive Vice-Chairman of the China Center for International Economic Exchanges, a Vice-Chairman of the China Science Centre of the International Eurasian Academy of Sciences, a Vice-Chairman of the China Society for Finance and Banking, an Adviser to the National Bureau of Statistics of the People’s Republic of China and a member of the International Advisory Council of the China Development Bank.