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Prof. Zhao presentation receives nearly 5 million hits on QQ

Zhaozhirong.pnghttp://www.hhh.umn.edu/features/Chinese_following.html

crossposted from QQ video: http://v.qq.com/cover/q/qwe4gogdzzivgw0.html?vid=8nitmUFvOML

" It is amazing to see the level of interest Chinese people have in how the government and society operate in the United States and to realize how much the two countries share in public concerns over policy and managerial issues."
---Assistant Professor Jerry Zhao

In July 2011, Assistant Professor Zhirong (Jerry) Zhao made a presentation on "U.S. Local Government Management and Finance" at the Unirule Institute of Economics
in Beijing, an independent think tank that focuses on market reform in China. In addition to the presentation being well-attended, video of Zhao's talk has been viewed by more than 2.3 million people, mainly Chinese public officials eager to learn about how local governance works in the United States.

In his presentation, Zhao explained the often overlapping and fragmented local government systems in the United States, explained the rationale of local property tax reliance, and discussed issues of intergovernmental fiscal relations.
"It is amazing to see the level of interest Chinese people have in how the government and society operate in the United States and to realize how much the two countries share in public concerns over policy and managerial issues," says Zhao, a Chinese native. "On one hand, in a gradual process of fiscal decentralization, China has begun to experiment with local property tax and formal authorization of local government borrowing, but has been deeply troubled with related accountability issues. On the other hand, facing severe fiscal crisis in infrastructure development, the United States may learn a lot from China's dramatic development in recent years."

(updated July 2012)

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