At the age of 33, Liu Zhibiao became the youngest professor in the history of Nanjing University and one of the youngest professors in China's economics at that time. He made important contributions to the research of industrial economic theory and policy in China. Liu Zhibiao believes that industrial economics is not only a discipline, but also a methodology. He advocates the use of industrial economics to analyze the "transformation, imbalance and development" issues of China's economic operation under the conditions of globalization. Liu Zhibiao once put forward the concept of "the second wave of economic globalization", that is, to develop a global economy based on domestic demand by absorbing foreign advanced production factors with huge domestic demand. This is also the key to constructing a new "dual-circulation" development pattern. We must further open up the domestic market, let it play a decisive role in resource allocation and economic growth, and change the way of China's participation in international industrial competition. In the background of normal epidemic prevention and control, Liu Zhibiao believes that the government's role of coordination should be brought into play for the construction of the "chain director system" of the industrial chain in the district. As for the headquarters economy, he believes that the mainstay of development can only be local enterprises, and the producer services must be the leading force for development. Liu Zhibiao also believes that there exist similarities and differences between operating a national think tank and being a university teacher. Both of them are based on academics, but being a teacher emphasize unique viewpoints, while operating a think tank should be highly sensitive to policies, do more investigation and research, and only need to obey the facts to offer advice and suggestions for the government.
