SUN Shengmin, born in 1975, is a Professor and Doctoral Supervisor at the Center for Economic Research, Shandong University. He obtained a B.Sc. of management science in 1997, anM.Sc. of western economics in 2004, and doctor of economics of political economics in 2007 at the School of Management and the Center for Economic Research, Shandong University. He was appointed as Postdoctoral Fellow of history at Shandong University during 2007-2009, and visiting scholar at the London School of Economics and Political Science during 2014-2015. His researches mainly focus on institutional economics, development economics, new economic history, and economic philosophy. He has published various theses in core journals including Social Sciences in China, Economic Research Journal, Historical Research, China Economic Quarterly, etc.