Renowned economist Prof. Lawrence Juen-yee Lau is Ralph and Claire Landau Professor of Economics of the Institute of Global Economics and Finance at CUHK. He served as the sixth Vice-Chancellor of CUHK from 2004 to 2010. He specializes in economic theory, economic development, economic growth, and the economies of East Asia, including China. He developed one of the first econometric models of China in 1966, which he has continued to revise and update since then. Serving as Vice-Chancellor of CUHK, Professor Lau made notable contributions to the academic and research excellence of the University, including the establishment of five new Colleges to accommodate the addition of 3,000 undergraduate students as the University reverted to a four-year curriculum. He also led the University in formulating a 10-year Strategic Plan and identified five academic areas for focused research investment. In recognition of his academic achievements in economics and important contributions to CUHK, the University conferred upon Professor Lau the degree of Doctor of Laws, honoris causa.