Yu Yongding is an Academician at the Chinese Academy of Social Sciences and former member of the Monetary Policy Committee of the People’s Bank of China. From 1998 to 2009, Yu directed the Institute of World Economics and Politics and served as President of the China Society of World Economy from 2003 to 2011. His extensive service includes roles in the Monetary Policy Committee of the People's Bank of China and advisory positions in international organizations like the UN Commission and World Economic Forum. A graduate of the Beijing School of Science and Technology, Yongding furthered his education with a MA from the Graduate School of the Chinese Academy of Social Sciences in 1983 and a PhD in economics from the Oxford University in 1994.