Ruizhi Pang (PhD in Economics, 2002, Nankai University; Professor of Institute of Industrial Economics at Nankai University). Dr. Pang’s fields of research are Industrial Organization, Performance Evaluation and Industrial Development. In the past 10 years, she has published more than 40 academic papers and 5 monographs, some influential papers has been reprinted by Xinhua Digest (TOP 1 journal in social science in China). Dr. Pang has chaired 7 research projects from Social Science Fund, the Ministry of Education Fund etc. She has also finished more than 20 research reports which sponsored by national government agencies and provincial government institutions. She also serves as anonymous reviewer of well-known academic journals, such as Empirical Economics, Economic Research etc. Dr. Xuejie Bai, professor in economics at Nankai University, is the vice dean of College of Economic and Social Development at Nankai University, and a member ofChina Society of Industrial Economics. Dr Bai Xuejie has engaged in the teaching and research of industrial economics for more than 20 years, whose fields of research are industrial development and industrial policy, productivity and efficiency, and Japanese economy and Japanese industrial development. In recent years, she has published 5 monographs and several influential papers in industrial economics and industrial development. She has also presided more than 20 research projects in the areas of industrial planning, regional industry analysis, and industrial development strategy, which were sponsored by government agencies at central level and provincial levels. Knox Lovell is Honorary Professor with the Centre for Efficiency and Productivity Analysis in the School of Economics at the University of Queensland. He has served as Editor-in-Chief of the Journal of Productivity Analysis, and he has co-authored several books, includingProduction Frontiers (with Färe&Grosskopf), Stochastic Frontier Analysis (with Kumbhakar), and Productivity Accounting (with Grifell-Tatje), all for Cambridge University Press. He also hosts The Jazz Show on radio station 4zzz, 102.1 Fm, in Brisbane, Australia.