Professor Wu’s research has centred on theoretical economics, comparative institutional analysis, and the theory and policy of China’s economic reform. He was an important contributor to the development of comparative institutional analysis in China and applied this approach to the study of market-oriented economic reform and institutional change. His research and policy work addressed the relationship between enterprises, competitive markets, and macroeconomic regulation, contributing to discussions of the institutional framework for China’s economic transition. He also examined issues including rent-seeking, corporate governance, market regulation, and changes in China’s economic growth model, and advocated the development of market institutions and a legal framework for economic activity. His major works include Contemporary China’s Economic Reform and The Choice of China’s Growth Model. He received the Sun Yefang Prize for Economic Sciences on five occasions between 1984 and 1992, the inaugural China Economics Prize for Outstanding Contribution, the Award for Outstanding Achievement of the International Academy of Management, and the China Economic Theory Innovation Award. Through sustained scholarship, policy research, and international academic exchange, Professor Wu has contributed to the development of economic research on China’s institutional transformation and to discussions of economic reform, market institutions, and modern economics education.