Educational background

[1]2020-2023, Sichuan University, School of Economics, PhD in Economics, majoring in World Economy.

[2]2017-2019, Sichuan University, School of Economics, Major in Finance, Master of Economics.

[3]2013-2017, Hebei University of Finance, School of Finance and Investment, Major in Finance, Bachelor of Economics.

Granted Projects

[1]General Project of National Social Science Foundation of China, "Research on the Mechanism and Effect of Corporate Governance Change Driven by Digital Economy" (21BJY235), Participation, Chaired by Ziyao Xu.

[2]Humanities and Social Sciences Planning Project of Ministry of Education, "Research on the Mechanism and Effect of Technological Mergers and Acquisitions in China's Enterprises in Promoting Innovation from the Perspective of Resource Allocation (18YJA790091)", Participation, Chaired by Ziyao Xu.

[3]Sichuan Social Science Research "14th Five-Year Plan" 2021 Key Project "Study on the Influence Mechanism of Financial Decentralisation on China's Regional Innovation Differentiation under the Perspective of Local Government Competition (SC21A012)", Participation, Chaired by Ziyao Xu.

[4]Sichuan Province Soft Science Major Work Support Research Plan Project, "Research on the Assessment of Implementation Effectiveness and Policy Optimisation Options of Sichuan Province's Innovation-driven Development Strategy (2020JDR0028)", Participation, Chaired by Ziyao Xu.

Publications

[1] Xu Ziyao, Ma Junfeng, Li Donghui,*  Fu Wentao. (2022). Religious Beliefs and Stock Market Participation: Evidence from Urban Households in China. Research in International Business and Finance, 63, 101795.（SSCI, JCR Q1, ABS 2）

[2]Ma Junfeng,Xu Ziyao*. How Does Trust Asymmetry Affect Migrant Workers' Permanent Settlement Intentions? Labor Economic Review (Accepted for publication). (CSSCI Collection)

[3] Ma Junfeng,Xu Ziyao*. How Does Clan Culture in the Migration Place Affect Migrant Entrepreneurship? -Based on the Perspective of Social Integration[J]. World Economy Letters,2023(04):58-82.(CSSCI)

[4] Xu Ziyao,MA Junfeng,Chen Baizhu*,Li Donghui. Credit Environment and Stock Market Participation[J]. Finance & Trade Economics,2022,43(12):113-127. (CSSCI, Social Science Foundation Funded Journal, AMI Authority)

[5] Xu Ziyao,Ma Junfeng*. Does the Social Credit Environment Affects Entrepreneurship?[J]. Finance and Economics,2022(06):19-35. (CSSCI)

[6] Xu Ziyao,Ma Junfeng*. Social Credit Environment and Private Lending Market Participation[J]. Journal of Shanxi University of Finance and Economics,2021,43(09): 15-28.(CSSCI)

[7] Xiang Yu,Dai Qinwen*,Ma Junfeng. Research on the Impact of Social Credit on Enterprise Financialization and Its Mechanism: An Analysis Based on the Data of the Urban Credit-Losing Persons Subjected to Enforcement[J]. Contemporary Finance & Economics,2021(12):126-136.(CSSCI)

Honors and Awards

[1]Doctoral Innovation Scholarship, Doctoral First Class Scholarship, Master's First Class Scholarship of Sichuan University (Awarded: March 2023, June 2022, September 2017);

[2]Outstanding University Graduates of Sichuan Province in 2023 (Awarded: June 2023);

[3]The 14th Outstanding Academic Star of Sichuan University (awarded in February 2023);

[4]Outstanding Graduate Student of Sichuan University in the Class of 2023 (Awarded: October 2022);

[5]Outstanding Graduate Students of Sichuan University in the Academic Year 2021-2022 (Awarded: October 2022);

[6]Outstanding Graduate Students of Sichuan University in the Academic Year 2020-2021 (Awarded: October 2021);

[7]The Fifth Batch of "Graduate Student Party Leaders" of Sichuan University (Awarded in December 2021);

[8]Second Prize of the Fourth Doctoral Forum Essay of School of Economics, Zhejiang University of Finance and Economics (Awarded: December 2022);

[9]The 2nd " Balsam Camphor Western Programme" (Selection: August 2022);

Social Service

Reviewer for World Economy

Teaching Courses

Corporate Finance (undergraduate), Frontiers of Economics (graduate)