Worldwide University Rankings on Economics Research 2021

Worldwide University Rankings onEconomics Research 2021

Global Competitiveness Assessment Center for Economics Research

Institute for Advanced Research of SUFE

July 2021

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SummarySince the reform and opening up in China, the country’s per capita GDP has

increased from 155 USD in 1978 to over 10,000 USD in 2019. China's rapid

development is inseparable from the exploration and application of economic laws.

Most well-known universities in China are building international first-class economic

disciplines, based on the urgent need to build a variety of economic research

evaluation systems that are objective, transparent, scientific, reasonable,

internationally acceptable, peer-recognized, and credible. In this context, the Institute

for Advanced Research (IAR) of Shanghai University of Finance and Economics

(SUFE) has been publishing, every year since 2017, the Worldwide University

Rankings on Economics Research, based exclusively on statistical data and committed

to objectively and comprehensively presenting the level of research capacity in

universities at home and the world. The report aims to provide a scientific basis for

universities in China to understand their general position in the world academic stage

and any gaps therein, and facilitate the scientific assessment and evaluation of

scientific research institutions as an objective basis for promoting and implementing

world-class economic and scientific development strategies. In addition, it supplies an

effective reference for students to apply for universities at home and abroad for study,

and for flows of personnel among scientific research institutions, promoting an

effective distribution of research and educational resources.

Assessment of economics research can be conducted from various perspectives,

including published articles or books, research projects, and policy reports. Among

them, the number and quality of papers published, especially the number of papers

published in top international and first-class economics journals recognized by

international peers, are the basic and most critical quantitative indicators for

evaluating superior economic research and teams in the world. There are two reasons

for this. The first is strict peer review. As Nobel laureates James Mirrlees and Jean

Tirole pointed out, only published journal papers have gone through a widely

accepted peer review process to ensure their quality. The second is the basic meta

indicator. This relatively objective indicator, representing the level of knowledge

contribution made by a university, is an important basis for assessment in the

international academic communityall other important quantitative indicators used in

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academic assessment (e.g., number of citations and distinguished professors) are

based on this indicator. Many of the existing journal catalogs selected for economics

research evaluation are too simple, broad, and outdated. The quality of the economics

journals is uneven, and there is no co-selection and elimination with time or weight

distinction. Moreover, there is no distinction between single- and co-authored articles,

which makes ranking credibility insufficient.

To address this concern, the research group of the Global Competitiveness

Assessment Center for Economics Research of IAR has designed an advanced

scientific system. The similarity and differences between our ranking and existing

rankings can be observed in the following four aspects. First, our ranking is based on

the number of published articles. Second, the 26 journals selected in our ranking are

either top comprehensive journals or leading subfield journals well-recognized by the

international economics community. Ranking based on such high-level journals can

objectively and scientifically reflect the academic status of a university in the world.

Third, in terms of journal weight, the five top comprehensive journals and the 21 top

journals in the current field are treated with two different weights in our ranking.

Fourth, the unit score is converted according to the number of authors and the number

of signed lists to measure author contribution. By adopting such a scientific,

transparent, decentralized, and multi-layered evaluation method, we can provide a

more reasonable and less controversial scientific evaluation of the competitiveness of

the high-end economics research output of global universities.

Specifically, the research group applies four different ranking methods: journal-

and author- (or comprehensively) weighted, journal-weighted, author-weighted, and

no-weight (simply counting the number of published articles) methods. The ranking

results produced by these methods are generally robust. For example, based on the

global overall ranking results for 2016–2020 and 2018–2020, the four methods have

produced the same top universitiesthe most widely recognized premier universities

in the field of economics although some of them hold different positions under

different methods, which implies that the ranking has a considerable degree of

objectivity and credibilitythis is especially true of the top 15.

According to the comprehensive weight ranking for the five years from 2016 to

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2020, five universities on both sides of Taiwan Straits, Hong Kong, and Macao have

entered the world's top 100: Shanghai University of Finance and Economics (51),

Hong Kong University of Science and Technology (54), Peking University (58), The

University of Hong Kong (70), and Tsinghua University (82), hereafter with the

numbers in parentheses representing their worldwide ranks. According to the

comprehensive weight ranking for the three years from 2018 to 2020, five universities

on the two sides of Taiwan Straits, Hong Kong and Macao regions are ranked in the

top 100: Peking University (42), Hong Kong University of Science and Technology

(50), The University of Hong Kong (53), Shanghai University of Finance and

Economics (60), and Tsinghua University (64). A comparison of these two periods

show that the comprehensive ranking of The University of Hong Kong, Peking

University, Tsinghua University, and Hong Kong University of Science and

Technology has increased in the past three years, while that of Shanghai University of

Finance and Economics has declined. According to the latest ranking for the last year

of our study period, 2020, the top 10 universities in mainland China are Peking

University (37), Tsinghua University (41), Shanghai University of Finance and

Economics (86), Fudan University (96), Renmin University of China (119), Nanjing

University (161), ShanghaiTech University (161), Shanghai Jiao Tong University

(166), Jinan University (178), and Nanjing Audit University (180). Eight universities

significantly improved their comprehensive weight ranking from 2019 to 2020:

ShanghaiTech University, Southwestern University of Finance and Economics,

National Taiwan University, Zhejiang University, Taiwan National Chengchi

University, New York University Shanghai, Nanjing University, and Nankai

University.

In addition, from the perspective of trends in ranking, Figure 1 and Figure 2

show the trend in the 3-year and 5-year moving average global comprehensive weight

ranking of 10 universities in mainland China. The 3-year and 5-year moving average

composite rankings showed an upward trend in those leading comprehensive

universities that focused on building world-class academia in accordance with

internationally recognized standards, including Peking University, Fudan University,

Tsinghua University, and, significantly, Renmin University of China. However, many

universities, especially finance and economics universities, showed a downward trend

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in the 5-year and 3-year moving average rankings. In terms of the 5-year moving

average comprehensive ranking, Capital University of Economics and Business,

Shanghai Jiao Tong University, University of International Business and Economics,

and Southwestern University of Finance and Economics showed a declining trend.

Shanghai University of Finance and Economics showed an overall stable trend, but a

downward one in the 3-year moving average ranking. Based from the comprehensive

ranking of the 3-year moving average, Capital University of Economics and Business,

Xiamen University and Shanghai University of Finance and Economics show a

downward trend, and University of International Business and Economics is stable.

Furthermore, according to the 3-year moving average ranking trend from 2012 to

2020, Capital University of Economics and Business, and Southwestern University of

Finance and Economics present a clear inverted-U curve, while top domestic

universities such as Peking University, Tsinghua University, Renmin University of

China, and Fudan University show an upward trend.

Figure 1: 3-year moving average comprehensive ranking trend of 10 universities in mainland China

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Figure 2: 5-year moving average comprehensive ranking trend of 10 universities in mainland China

The research group has also conducted a separate ranking based on the number

of articles published in the five top comprehensive economics journals, namely, AER,

JPE, QJE, RES, and Econometrica from 2016 to 2020, based on author weight. The

results of this ranking exercise show that three universities on both sides of the

Taiwan Strait and Hong Kong and Macao regions have entered the top 100. The

results of the ranking of the top five journals in the world from 2016 to 2020,

calculated by the number of articles, show that there are six universities in these

regions that have entered the top 100 in the world. These universities are: according to

author weight, The University of Hong Kong (93), Tsinghua University (93), and

Hong Kong University of Science and Technology (96), and, according to the number

of articles, The University of Hong Kong (80), Shanghai University of Finance and

Economics (91), Tsinghua University (91), Hong Kong University of Science and

Technology (91), Peking University (91), and The Chinese University of Hong Kong

(91). Of course, while making progress in mainland China universities, we must also

recognize a huge gap with the world's top universities, such as Stanford University

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and Harvard University, and that they have far to go in developing world-class

economics disciplines.

Finally, it should be emphasized that the bases of any ranking method have

limitations. This ranking focuses on the number and the quality of the published

papers, but this is only one dimension, and the competitiveness of economics research

can be evaluated from many other dimensions. The comprehensive ranking of

universities is also affected by many other factors. What the research group hopes to

achieve is that because the number of published articles is widely adopted in existing

ranking studies, the present ranking basis could be regarded as being scientifically

rationalized, and less prone to disputes.

For more detailed information on the ranking, please visit our website at

http://econranking.sufe.edu.cn.

http://econranking.sufe.edu.cn

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Content

Summary...................................................................................................错误！未定义书签。

1. About the Ranking Methodology........................................................................................... 9

1.1 Literature Review.......................................................................................................10

1.2 Journal Selection........................................................................................................14

1.3 Assigning Weights..................................................................................................... 16

1.4 Ranking Methodology................................................................................................16

2. Rankings under Comprehensive Weight Method................................................................ 17

2.1 Worldwide University Rankings................................................................................17

2.2 Asian University Rankings.........................................................................................22

2.3 University Rankings across Mainland China, Hong Kong, Macau and Taiwan (the

Four Regions)...................................................................................................................27

2.4 Rankings of Universities in Mainland China.............................................................31

3. Rankings under Journal-weighted Method...........................................................................35



3.3 University Rankings across the Four Regions...........................................................44


4. Rankings under Author-weighted Method........................................................................... 51


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5. Rankings by Number of Published Articles......................................................................... 68





6. Rankings by Published Articles in 5 Top Comprehensive Journals.....................................85




6.4 Rankings of Universities in Mainand China..............................................................93

7. References.............................................................................................................................94

Appendix. About the Institute for Advanced Reserach............................................................97

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1. Summary of the Methodology of Ranking the Economics Research

Ability of Global Universities

With deepening connection between China and the rest of the world in the area

of economic studies and China’s strategic policy initiative to build world-class

universities and disciplines, there is an urgent need to build a variety of economic

research evaluation systems that are objective, transparent, scientific and reasonable,

internationally accepted, peer-recognized, and credible. In this context, the launch of

the Worldwide University Rankings on Economics Research project has great

significance in the following three aspects. First, relevant scientific research

institutions can learn from this report about the research strength of global research

institutions, including their own, and evaluate their performance toward the goal of

building world-class economics disciplines. In this process, they can identify their

advantages and disadvantages, gain experience, and learn lessons to further improve

their performance in economics research. As recognized by the European Economic

Association, the assessment of university-based research is necessary to improve

research performance within universities. Second, university education authorities can

consider a scientific evaluation system when assessing the quality of research

institutions, thus providing an objective basis for implementing and promoting the

strategic policy of building world-class economics disciplines. Third, the report could

facilitate efficient allocation of resources by providing an objective assessment of

university-based economics research, which can be used by students and researchers

when choosing a university and a research institute, respectively.

The assessment of economics research can be conducted by various indicators,

such as published articles or books, research projects, and policy reports. The late

economist Laffont (1999) believed that economics, as an international science, needs

a recognized method for quality assessment. On a global scale, an accepted standard

for assessing economics research is publications in academic journals, as pointed out

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by Nobel Laureates James Mirrlees and Jean Tirole, as well as Peter Neary, that only

published journal articles undergo a widely accepted process of peer review, which

guarantees their quality (Neary, Mirrlees and Tirole, 2003). Therefore, the number of

published articles, especially those published in globally acknowledged leading

economics journals, often serves as the most basic and critical quantitative indicator

in judging whether a university has a first-class economics discipline. This relatively

objective indicator, representing the level of knowledge contribution made by a

university or a discipline in a university, is an important basis for assessment in the

international academic community, and other common and important quantitative

indicators used in discipline assessment (e.g., number of citations and distinguished

professors) actually derive from this one. In sum, the methodology we adopt here is

based on the number of articles published by research institutions in internationally

recognized top and leading economics journals.

1.1 Literature Review

Many sets of research institution rankings are based on the number of refereed

journal publications. For example, the 2000 European Economic Association project,

led by a committee consisting of James Mirrlees, Jean Tirole, and Peter Neary, ranked

economic departments throughout the world and Europe based on their research

performance. The outcomes of this project were published in the Journal of the

European Economic Association in 2003 (Neary, Mirrlees and Tirole, 2003).

After an overview of existing methodologies used to rank economic departments,

Neary, Mirrlees, and Tirole summarized them in the following formula:

S =β p ω(p)α(p)

�

where p denotes the number of published journal papers, β p

denotes the ranking basis , ω(p) denotes quality weight, and α p denotes

corrections.

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Based on this formula, we briefly review the related literature in the following

four aspects.

1.1.1 How to assess published articles

There are two approaches to assessing articles: one is based on the total number

of published articles and the other is based on their page numbers. Many rankings are

based on the latter, such as Graves, Marchand, and Thompson (1982), Hirsch, Austin,

Brooks, and Moore (1984), Conroy, Dusansky, Drukker, and Kildegaard (1995),

Dusansky and Vernon (1998), Jin and Yau (1999), Kalaitzidakis, Stengos and

Mamuneas (2003), and Jin and Hong (2008).

However, rankings based on the page number of articles has been heavily

criticized. Neary et al. (2003) argued that although the length of an article is

correlated with its importance, it was a vague criterion, and that despite their short

length, many articles have a great influence. In addition, page numbers may be

affected by various factors, such as the journal page design and typesetting.

At present, the world's most influential economic ranking, the Tilburg University

Economics Ranking (Tilburg Ranking hereafter), is based on the total number of a

university’s publications. Lubrano et al. (2003) also produced their ranking based on

the number of articles, whereas Scott and Mitias (1996), Coupé (2003), Yu (2008),

and Yu and Gao (2010) considered both approaches.

1.1.2 How to select journals

Most rankings make subjective decisions regarding which journals to include.

For example, Conrad, Dusansky, Drukker, and Kildegaard (1995) selected eight

international core journals in economics; Laband (1985) selected 27 journals; Graves,

Marchand, and Thompson (1982) selected 24 journals; Bairam (1994) selected five

journals; Hogan (1984) selected four journals; Kalaitzidakis, Stengos, and Mamuneas

(2003) selected 30 journals; Jin and Hong (2008) selected 60 journals; and, Scott and

Mitias (1996) selected two groups of journals: one has 36 journals and the other has 5

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top journals. The Tilburg Ranking selected 79 journals, 35 of which were by default.

However, these 79 journals included statistics journals. Although economics enjoys

an increasingly closer linkage with other disciplines these days, the ranking of

research in economics should be strictly within the field of economics.

1.1.3 How to determine journal quality

Liebowitz and Palme (1984) were among the first to calculate the quality of

journals using fixed-point arithmetic. In their study, they considered both the number

and quality of citations when measuring a journal’s quality. The method used by

Laban and Piette (1994) is similar to that of Liebowtitz and Palme (1984), the only

difference being their journal and time range selection. Kalaitzidakis, Stengos, and

Mamuneas (2003) improved the previous weighting methods in several ways.

Many studies gave a weight to each journal based on the number of citations it

had received, such as the invariant method axiomatized by Palacios-Huerta and Volij

(2004) and the tournament method proposed by Koczy and Strobel (2007). In addition,

some articles adopted the Delphi method, in which experts’ subjective opinions were

collected in grading journals. For example, Malouin and Outreville (1987) randomly

selected 1045 economists from a number of major economic associations and

conducted multiple rounds of grading of economics journals; Mason, Steagall, and

Fabritius (1997) administered a survey to the deans of 216 randomly selected

economic departments as the basis to evaluate economics journals.

The measurements of journal quality shown above are based on scientific

thinking. However, the number of citations cannot fully reflect the importance of

journals, the popularity of different subfields of economics may vary, and the extent

of technical knowledge involved also affects citation rates. Dusansky and Vernon

(1998) used to calculate the weights of journals and found that the four top journals,

Econometrica, Journal of Political Economy, Quarterly Journal of Economics, and

Review of Economic Studies, only have weights of 0.51, 0.36, 0.28, and 0.38,

respectively, given that the American Economic Review has a weight of 1. The results

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may vary across different time ranges. The scope of the citation, such as whether or

not to include other related disciplines or literature that are not “journal articles,”

affects the weight assignment to journals.

To reduce the weight disparity among journals, the Tilburg Ranking treats all

journals equally by leaving out the journal weight. In doing so, it provides a clear and

transparent ranking. However, the journals it includes do have different degrees of

importance, such as the AER and Economics Letters in its default journal list, which

obviously have different levels of impact.

1.1.4 How to correct for co-authorship and multiple affiliations

As many academic articles have more than one author, we need to correct for

co-authorship when evaluating academic institutions. The common practice in the

literature is to divide the total score by the number of authors. There are also a few

ranking methods, such as in Lubrano, Bauwens, Kirman, and Protopopescu (2003),

which divide the total score by the square root of the number of authors. The Tilburg

ranking does not make any corrections for co-authorship. In addition, many authors

have proposed multiple affiliations in one article. The common practice in the

literature is to treat each affiliation equally; that is, if there is more than one affiliation,

each has the same share of the overall score.

In light of the factors discussed above, we have designed a more scientific

system to rank world universities in economics research. First, our ranking is based on

the number of published articles. Second, the 26 journals selected are all top

comprehensive journals and leading subfield journals recognized by the international

economics community. Ranking based on such high-level journals can objectively and

scientifically reflect the academic status of a university in the world. Third, the top 5

comprehensive economics journals and the 21 journals of major economics subfields

are also weighted in our ranking. Fourth, our ranking system is consistent with most

ranking methods in the literature; that is, corrections have been made for

co-authorship and multiple affiliations. By adopting such a scientific, transparent,

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weighted, and multi-layered ranking methodology, we are able to provide a

continuous assessment of the research competitiveness of universities worldwide. The

following sections explain in more detail the selection of journals and the specific

weighting and ranking methods.

1.2 Journal Selection

As mentioned in the previous section, the 26 international journals selected for

our ranking, or the five top comprehensive and 21 leading subfield journals in

economics, are all internationally recognized as prominent economics journals. Our

journal set is highly similar to those used by existing rankings and related literature.

Graves, Marchand, and Thompson (1982) and Hirsch, Austin, Brooks, and Bradley

(1984) made a similar selection of 24 journals, 10 of which are in our journal list;

Scott and Mitias (1996) selected 36 journals, 15 of which coincide with ours. The

eight top journals selected by Dusansky and Vernon (1998) and Conroy, Dusansky,

Drukker, and Kildegaard (1995) are in our journal list. Jin and Yau (1999) selected 36

journals, of which 16 were included in our ranking. Kalaitzidakis, Stengos, and

Mamuneas (2003) selected 30 journals, 16 of which are in our list, and 24 journals in

the Tilburg Ranking coincide with the journals in our list. The only journal in our

ranking that is not included in the above rankings is Theoretical Economics, perhaps

because it is a relatively new journal, but our reason for including it is that in a

relatively short time, it is regarded as one of the leading journals in economic theory.

These 26 journals are also a subset of the Top-Tier and Tier-1 journals on the

tenure-track journal list used by SUFE, which has been reviewed by international

peers and thus has strong academic credibility. We gathered data on affiliations of

authors who have published articles in these 26 journals from 2016 to 2020 and

removed institutions that were not universities. In total, more than 1,000 colleges and

universities are included in the ranking, and by removing review and comment papers,

we include original research articles in our ranking.

Top comprehensive economics journals, or the Top 5:

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American Economic Review

Econometrica

Journal of Political Economy

Quarterly Journal of Economics

Review of Economic Studies

21 Leading Journals in Subfields of Economics, or Tier-1 Journals:

American Economic Journal: Applied Economics

American Economic Journal: Economic Policy

American Economic Journal: Macroeconomics

American Economic Journal: Microeconomics

Economic Journal

Games and Economic Behavior

International Economic Review

Journal of Development Economics

Journal of Econometrics

Journal of Economic History

Journal of Economic Theory

Journal of Finance

Journal of International Economics

Journal of Labor Economics

Journal of Monetary Economics

Journal of Public Economics

Journal of the European Economic Association

Quantitative Economics

RAND Journal of Economics

Review of Economics and Statistics

Theoretical Economics

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1.3 Assigning Weights

1.3.1 Journal Weight

Because of the relative difficulty of publishing in the Top 5 comprehensive

journals and the greater impact they have on the 21 leading subfield journals, we

introduce two journal weights for these two different types of journals. By default, we

assign a weight of 1 to the top comprehensive journals and a weight of 0.5 to leading

subfield journals.

1.3.2 Author Weight

A score of 1 was assigned for each article. If there are n authors for one article,

each author is assigned a score of 1/n and if the author has m affiliations, then each

affiliation is assigned a score of 1/nm. When an affiliation shows up i times for all

authors, the score is i/nm. For example, if an article has two authors, A and B, where

A puts up two affiliations, A1 and A2, and B put up only one affiliation, B1. Then,

Author A and Author B have the same score of 0.5, and Affiliations A1, A2, and B1

will have scores of 0.25, 0.25, and 0.5, respectively.

1.4 Ranking Methodology

Method 1: Ranking by Comprehensive Weight (the default ranking method)

The comprehensive ranking method combines the journal weight and author

weight to calculate an affiliation’s overall score; that is, the score of an affiliation

listed in an article is equal to its author weight, multiplied by the weight of the journal

in which the article is published. Adding up all the scores a university earns by being

listed as an affiliation in all articles gives the university’s overall score, to be used as

the basis to determine university rankings.

Method 2: Ranking by journal weight

The logic is that if a university appears as an affiliation in a top comprehensive

journal, it is given a score of 1, and if it appears in a leading subfield journal, the

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university is given a score of 0.5. Adding up all the scores the university earns gives

its overall score, to be used as the basis to determine university rankings.

Method 3: Ranking by author weight

Each journal is assigned a weight of 1. Therefore, the score for an affiliation that

appears in one article is equal to the author's weight in this article. Adding up all the

scores a university earns in all articles gives its overall score, to be used as the basis to

determine university rankings.

Method 4: Ranking by number of published articles

This is similar to the ranking method used by the Tilburg ranking, with no

weighting involved. The logic is that if a university appears as an affiliation in one of

the 26 journals included in the ranking, then it is given a score of 1. Adding up all the

scores a university earns in each article gives its overall score, to be used as the basis

to determine university rankings.

2. Rankings under Comprehensive Weight Method

2.1 Worldwide University Rankings

Table 2-1 and the following tables include the 5-year (2016–2020) overall

ranking, the 3-year (2018–2020) overall ranking, and the ranking in each year from

2016 to 2020. The universities in the tables are arranged in the order of the 5-year

overall ranking. The sign of "/" indicates that the university had no publications in the

26 journals in that year, and thus was excluded from the ranking. Table 2-1 provides

the rankings of the top 100 worldwide universities by comprehensive weight. Seven

universities have always ranked in the top 10: Harvard University, Stanford

University, University of Chicago, MIT, Northwestern University, University of

California Berkeley, University of Pennsylvania, and London School of Economics

and Political Science.

According to the overall ranking for 2016–2020, there are five universities on

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both sides of Taiwan Straits and Hong Kong and Macao regions that have entered the

top 100 in the global comprehensive weight ranking, namely, Shanghai University of

Finance and Economics (51), Hong Kong University of Science and Technology (54),

Peking University (58), The University of Hong Kong (70), and Tsinghua University

(82). According to the total ranking for 2018–2020, five universities are in the top 100

of global comprehensive weight ranking: Peking University (42), The University of

Hong Kong (50), Hong Kong University of Science and Technology (53), Shanghai

University of Finance and Economics (60), and Tsinghua University (64). According

to the annual ranking in 2020, there are also seven universities in the top 100 of global

comprehensive weight ranking: Peking University (37), Tsinghua University (41),

Chinese University of Hong Kong (56), Hong Kong University of Science and

Technology (57), Shanghai University of Finance and Economics (86), Fudan

University (96), and The University of Hong Kong (98).

Table 2-1: Worldwide University Rankings under Comprehensive Weight Method

5-yearOverallRanking

in2016-202

0


in2018-202

0

UniversityRankingin 2020

Rankingin 2019

Rankingin 2018

Rankingin 2017

Rankingin 2016

1 1 Harvard University 1 2 1 2 52 2 Stanford University 2 3 2 7 23 3 University of

Chicago3 1 6 1 1

4 4 MIT 5 4 5 4 35 5 LSE 10 5 3 6 76 6 Northwestern

University8 7 4 3 8

7 7 UC Berkeley 9 9 7 10 48 8 University of

Pennsylvania7 10 8 9 6

9 10 Columbia University 6 11 9 5 910 9 Yale University 4 13 10 8 1111 11 Princeton University 12 6 11 12 10

19

12 12 New York University 11 8 15 11 1513 13 Duke University 16 17 12 14 1214 15 UCLA 14 16 17 13 1615 14 University of

Michigan13 18 18 21 14

16 16 University of Oxford 20 14 13 22 1917 20 University of

Toronto28 15 21 16 18

18 17 UCSD 15 12 32 37 1719 23 Bocconi University 21 27 40 17 1320 21 University of

Warwick17 26 36 15 21

21 18 University ofWisconsin-Madison

23 20 14 33 36

22 19 UCL 19 22 22 18 4723 22 University of

Southern California33 24 20 23 28

24 24 Boston University 27 28 26 28 2225 26 Cornell University 32 25 24 19 3026 28 Brown University 54 23 19 43 3427 31 University of Zurich 31 40 30 20 4028 25 University of

Texas-Austin29 19 38 29 86

29 27 University of Bonn 18 30 80 41 4230 30 Paris School of

Economics44 56 16 40 37

31 37 Johns HopkinsUniversity

38 43 42 26 31

32 29 University of BritishColumbia

22 32 61 31 60

33 33 University ofMaryland

25 53 41 64 27

34 34 National Universityof Singapore

50 39 23 24 63

35 32 University of Essex 58 21 29 52 3336 39 Boston College 34 65 55 90 2337 45 Pennsylvania State

University46 49 60 54 29

38 47 University ofCambridge

68 29 53 27 57

39 38 Barcelona GSE 40 47 37 53 4140 61 CMU 82 37 71 42 2541 40 UCSB 24 62 112 34 83

20

42 52 GeorgetownUniversity

52 98 33 32 51

43 46 WashingtonUniversity

42 122 31 114 26

44 63 University of NewSouth Wales

90 101 28 38 32

45 44 University ofCopenhagen

39 44 73 56 45

46 57 StockholmUniversity

48 87 46 30 64

47 36 Arizona StateUniversity

45 55 27 96 66

48 35 Monash University 35 41 39 100 9849 41 University of

Virginia53 78 25 62 95

50 43 Vanderbilt University 49 38 51 49 10451 60 Shanghai University

of Finance andEconomics

86 59 34 59 39

52 68 Toulouse School ofEconomics

77 66 65 168 20

53 71 The Ohio StateUniversity

88 71 58 45 35

54 50 Hong KongUniversity ofScience andTechnology

57 34 67 66 69

55 69 Indiana University 55 119 63 25 10056 58 University of

Melbourne75 45 48 51 74

57 49 Uppsala University 26 118 91 98 5858 42 Peking University 37 36 84 99 8159 48 University of

Minnesota36 51 106 75 101

60 51 Tel Aviv University 73 35 49 110 5661 62 University of

Mannheim61 64 57 72 54

62 66 Universitat PompeuFabra

64 80 59 61 50

63 79 MaastrichtUniversity

116 74 52 36 61

64 54 Norwegian School ofEconomics

43 88 54 79 73

21

65 55 London BusinessSchool

30 120 103 111 46

66 72 Ludwig-Maximilians-Universität Munich

70 111 47 50 53

67 70 Dartmouth College 60 104 66 35 8068 84 Texas A&M


69 67 University ofCalifornia, Davis

94 67 43 77 55

70 53 The University ofHong Kong

98 42 35 115 66

71 74 University ofRochester

91 58 75 70 49

72 59 Queen MaryUniversity ofLondon

47 79 68 85 96

73 83 University of NorthCarolina, Chapel Hill

74 126 62 46 70

74 65 University ofToulouse Capitole

109 48 45 58 97

75 76 University ofCologne

85 57 88 80 59

76 78 Aarhus University 72 61 102 44 10477 108 University of Oslo 80 124 164 47 3878 56 University of Notre

Dame67 50 50 157 92

79 86 Universidad CarlosIII de Madrid

95 60 100 55 77

80 80 The HebrewUniversity ofJerusalem

79 68 95 57 89

81 73 California Instituteof Technology

75 91 56 95 75

82 64 Tsinghua University 41 72 116 81 25883 90 University of Bristol 114 63 89 74 8584 81 Singapore

ManagementUniversity

59 102 92 108 79

85 126 Simon FraserUniversity

240 106 83 39 72

86 75 The AustralianNational University

63 75 94 148 84

87 98 Stockholm School of 62 147 122 90 65

22

Economics88 114 University of

Pittsburgh240 73 93 67 52

89 112 University ofLausanne

103 81 221 65 61

90 113 University of York 140 76 143 82 4891 96 University of Illinois

atUrbana–Champaign

136 129 44 68 138

92 92 Michigan StateUniversity

78 137 78 107 108

93 95 University ofCalifornia, Irvine

91 121 76 127 94

94 87 Sciences Po 65 115 89 88 20295 103 University of

Nottingham110 105 97 109 82

96 94 Rice University 83 112 86 101 14697 82 Washington

University in St.Louis

97 46 110 93 /

98 89 ETH Zürich 132 33 142 71 /99 91 McGill University 71 239 64 140 136100 109 University of Tilburg 205 95 72 92 109

2.2 Asian University Rankings

Table 2-2 provides the ranking of Asian universities using the comprehensive

weight method. The table contains the total for 2016–2020 and 2018–2020, and the

specific ranking for each year over 2016–2020. The figures outside the brackets refer

to their rankings in the Asian region, while the figures in brackets refer to their global

ranking. It can be seen that the top 20 universities are mainly from Singapore, Israel,

United Arab Emirates, Mainland China, Hong Kong, South Korea, and Japan. In

particular, according to the 5-year and 3-year aggregate weight rankings, the National

University of Singapore ranks first.

According to the total comprehensive weight rankings for 2016–2020, six

universities on both sides of the Taiwan Strait and Hong Kong and Macao regions are

ranked in the top 10 in Asia, including Shanghai University of Finance and

23

Economics (2), Hong Kong University of Science and Technology (3), Peking

University (4), The University of Hong Kong (6), Tsinghua University (8), and

Chinese University of Hong Kong (10). According to the 2020 annual rankings, six

universities are in the top 10, but the specific ranking has changed Peking

University (1), Tsinghua University (2), Chinese University of Hong Kong (4), Hong

Kong University of Science and Technology (5), Shanghai University of Finance and

Economics (6), and Fudan University (10). According to the total rankings for

2018–2020, six universities rank in the top 10, namely, Peking University (2), Hong

Kong University of Science and Technology (3), The University of Hong Kong (5),

Shanghai University of Finance and Economics (6), Tsinghua University (7), and

Fudan University (10).

Table 2-2: Asian University Rankings under Comprehensive Weight Method



University Rankingin 2020

Rankingin 2019

Rankingin 2018

Rankingin 2017

Rankingin 2016

1(34) 1(34) National Universityof Singapore

3(50) 4(39) 1(23) 1(24) 3(63)

2(51) 6(60) Shanghai Universityof Finance andEconomics

9(86) 6(59) 2(34) 3(59) 1(39)

3(54) 3(50) Hong KongUniversity ofScience andTechnology

5(57) 1(34) 5(67) 4(66) 5(69)

4(58) 2(42) Peking University 1(37) 3(36) 7(84) 8(99) 9(81)5(60) 4(51) Tel Aviv University 7(73) 2(35) 4(49) 10(110) 2(56)6(70) 5(53) The University of

Hong Kong11(98) 5(42) 3(35) 12(115) 4(66)

7(80) 8(80) The HebrewUniversity ofJerusalem

8(79) 7(68) 9(95) 2(57) 10(89)

8(82) 7(64) Tsinghua University 2(41) 8(72) 11(116) 6(81) 33(258)9(84) 9(81) Singapore


6(59) 10(102) 8(92) 9(108) 8(79)

10(102) 11(105) Chinese Universityof Hong Kong

4(56) 11(109) 48(352) 18(162) 6(76)

24

11(125) 10(102) Fudan University 10(96) 15(145) 6(82) 17(159) 32(255)12(127) 12(114) Bar Ilan University 15(133) 9(89) 12(124) 23(192) 11(130)13(129) 14(132) University of Tokyo 12(107) 19(178) 18(157) 7(93) 22(207)14(133) 13(131) New York University

Abu Dhabi14(124) 14(143) 15(145) 11(113) 18(177)

15(146) 24(205) Seoul NationalUniversity

33(257) 12(117) 50(387) 5(73) 19(195)

16(153) 19(185) Osaka University 29(231) 35(273) 13(137) 31(252) 7(78)17(171) 21(187) Ben-Gurion

University of theNegev

35(265) 16(157) 26(185) 13(119) 15(170)

18(174) 15(159) Renmin Universityof China

13(119) 30(239) 33(237) 26(214) 20(196)

19(185) 28(215) HitotsubashiUniversity

16(136) 33(266) 74(729) 18(162) 13(155)

20(188) 18(180) Waseda University 22(194) 50(331) 14(143) 26(214) 15(170)21(189) 33(253) Israel Institute of

Technology47(354) 13(138) 50(387) 15(141) 12(140)

22(194) 17(164) Shanghai Jiao TongUniversity

19(166) 22(190) 23(180) 47(356) 25(223)

23(200) 16(161) NanyangTechnologicalUniversity

28(226) 31(249) 10(111) 42(325) 39(310)

24(206) 23(203) Xiamen University 40(307) 18(176) 21(172) 24(199) 29(243)25(215) 22(195) Bilkent University 30(234) 29(237) 19(163) /(/) 14(157)26(227) 30(231) Southwestern

University ofFinance andEconomics

24(208) 96(560) 24(183) 32(253) 23(210)

27(231) 29(230) University ofInternationalBusiness andEconomics

33(257) 56(362) 20(165) 28(222) 30(246)

28(236) 20(186) Nanjing AuditUniversity

21(180) 19(178) 37(257) 32(253) /(/)

29(242) 38(273) Sabancı University 31(240) 37(290) 44(299) 16(149) 39(310)30(243) 34(256) Keio University 60(441) 26(234) 22(176) 21(178) 39(310)31(253) 25(210) Zhejiang University 25(214) 65(401) 17(151) /(/) 31(253)32(254) 26(211) Indian Statistical

Institute23(201) 25(217) 31(235) 51(386) 46(359)

33(265) 51(339) Yonsei University 46(352) 79(473) 41(279) 14(130) 46(359)34(266) 27(214) City University of

Hong Kong36(269) 21(188) 28(196) 61(478) 59(485)

25

35(269) 37(267) Kyoto University 54(405) 17(163) 43(290) 53(390) 24(212)36(277) 56(378) Capital University of

Economics andBusiness

43(328) 63(396) 63(599) 22(180) 21(206)

37(289) 74(498) SungkyunkwanUniversity

62(447) 100(566)

73(711) 20(170) 17(175)

38(292) 35(261) Jinan University 20(178) 51(340) 56(422) 36(274) /(/)39(298) 46(305) Central University of

Finance andEconomics

37(280) 51(340) 46(344) 53(390) 27(235)

40(300) 42(296) Kobe University 40(307) 37(290) 42(281) 37(281) 44(348)41(311) 32(245) KAIST 47(354) 23(193) 29(217) /(/) /(/)42(314) 40(291) Wuhan University 37(280) 51(340) 40(275) 44(349) 53(442)43(316) 39(286) Koc University 74(588) 67(409) 16(150) 64(543) 43(337)44(320) 47(306) University of Haifa 26(216) 81(481) 55(405) 34(262) /(/)45(322) 44(302) Indian School of

Business31(240) 114(637

)38(261) 37(281) /(/)

46(326) 36(266) Hong Kong BaptistUniversity

69(513) 27(235) 25(184) /(/) /(/)

47(331) 49(316) National TaiwanUniversity

43(328) 100(566)

30(234) 35(273) /(/)

48(332) 43(299) IDC Herzliya /(/) 24(199) 35(243) /(/) 45(350)49(337) 62(428) Hanyang University 47(354) 81(481) 63(599) 45(350) 25(223)49(337) 48(312) Nankai University 64(451) 100(566

)26(185) 50(378) 59(485)

51(349) 41(292) Chinese Universityof Hong Kong(Shenzhen)

60(441) 34(270) 57(434) 63(480) /(/)

52(353) 45(303) National Tsing HuaUniversity

39(287) 37(290) 46(345) 70(609) /(/)

53(359) 61(421) GRIPS 64(451) 56(362) 57(439) 29(225) /(/)54(360) 31(241) Nanjing University 17(161) 51(340) 50(387) /(/) /(/)55(361) 64(441) Korea University 57(416) 56(362) /(/) 46(354) 33(258)56(362) 73(491) University of

Tsukuba64(451) 62(376) /(/) 47(356) 28(236)

57(375) 58(392) Sogang University /(/) 67(409) 35(243) /(/) 33(258)58(376) 76(512) Yokohama National

University69(513) 56(362) /(/) 25(201) /(/)

59(382) 50(333) Lingnan University 57(416) 81(481) 32(236) 68(581) /(/)60(383) 77(521) Beijing Normal

University54(405) /(/) 76(802) 37(281) 39(310)

61(386) 66(462) Doshisha University /(/) /(/) 38(261) 37(281) 46(359)62(412) 54(359) East China Normal 40(307) 37(290) /(/) 69(583) /(/)

26

University63(424) 53(356) Chulalongkorn

University47(354) 37(290) 62(572) /(/) /(/)

64(433) 55(363) Tokyo Institute ofTechnology

53(401) 37(290) 63(599) /(/) /(/)

65(434) 71(479) Yale-NUS College 47(354) 100(566)

/(/) /(/) 33(258)

65(456) 78(522) University of Macau 69(513) 81(481) 63(599) 37(281) /(/)67(460) 58(392) Sharif University of

Technology/(/) 37(290) 44(299) /(/) /(/)

68(471) 75(511) National ChengchiUniversity

54(405) 98(564) /(/) 52(388) 53(442)

69(480) 66(462) Indian Institute ofManagementBangalore

69(513) 37(290) /(/) 53(390) /(/)

69(480) /(/) Kyung HeeUniversity

/(/) /(/) /(/) 30(243) 46(359)

71(497) 84(590) Sun Yat-senUniversity

67(505) 78(467) /(/) 43(326) /(/)

72(504) 60(414) ShanghaiTechUniversity

17(161) 115(644)

/(/) /(/) /(/)

73(516) 63(433) University ofChinese Academy ofSciences

/(/) /(/) 33(237) /(/) /(/)

74(533) 64(441) University of Delhi 45(337) 81(481) /(/) /(/) /(/)75(546) 79(534) Gakushuin

University/(/) 37(290) /(/) /(/) 52(440)

76(547) 72(487) Shandong University 77(621) 36(283) /(/) 64(543) /(/)77(548) 85(592) University of

Nottingham, Ningbo/(/) 64(397) 63(599) 53(390) /(/)

78(560) 66(462) China EuropeInternationalBusiness School

/(/) 32(256) /(/) /(/) /(/)

78(560) 66(462) Indian Institute ofManagementUdaipur

/(/) 67(409) 48(352) /(/) /(/)

78(560) 66(462) Tokyo University ofScience

47(354) 81(481) /(/) /(/) /(/)

81(581) 94(636) Capital NormalUniversity

/(/) 56(362) /(/) /(/) 46(359)

82(595) 87(603) KDI School ofPublic Policy andManagement

/(/) 67(409) 63(599) /(/) 53(442)

27

82(595) 98(663) Ozyegin University /(/) /(/) 50(387) /(/) 46(359)82(595) 87(603) The Open University

of Israel/(/) 81(481) 57(439) /(/) 53(442)

85(612) 94(636) HuazhongUniversity ofScience andTechnology

57(416) /(/) /(/) 61(478) /(/)

86(634) 93(633) New York UniversityShanghai

74(588) 109(609)

63(599) 64(543) /(/)

87(637) /(/) HiroshimaUniversity

/(/) /(/) /(/) /(/) 33(258)

87(637) 79(534) Incheon NationalUniversity

/(/) 37(290) /(/) /(/) /(/)

87(637) 79(534) KanagawaUniversity

/(/) 37(290) /(/) /(/) /(/)

87(637) 79(534) Kyungpook NationalUniversity

/(/) 37(290) /(/) /(/) /(/)

87(637) 79(534) Pohang University ofScience andTechnology

/(/) 37(290) /(/) /(/) /(/)

87(637) /(/) RitsumeikanUniversity

/(/) /(/) /(/) /(/) 33(258)

93(720) 119(1076) Chonbuk NationalUniversity

/(/) 100(566)

/(/) 49(371) /(/)

94(726) 86(600) NazarbayevUniversity

/(/) 66(405) 63(599) /(/) /(/)

95(729) 87(603) Ewha WomansUniversity

/(/) 81(481) 57(439) /(/) /(/)

95(729) 87(603) Hosei University 69(513) 67(409) /(/) /(/) /(/)95(729) 102(730) Kansai University /(/) /(/) 57(439) /(/) 53(442)95(729) 102(730) Middle East

Technical University/(/) 67(409) /(/) /(/) 53(442)

95(729) 87(603) National ChungCheng University

/(/) 67(409) 63(599) /(/) /(/)

95(729) 87(603) University ofPeradeniya

/(/) 51(340) /(/) /(/) /(/)

2.3 University Rankings across Mainland China, Hong Kong, Macau and

Taiwan (the Four Regions)

Table 2-3 presents five years of overall comprehensive weight ranking for

2016–2020, three years of overall comprehensive weight ranking for 2018–2020, and

28

comprehensive weight ranking over the years of universities across the four regions.

The sign of "/" indicates that the university had no publications in that year and thus

was excluded from the ranking. The figures outside the parentheses represent the

ranks across the four regions, and those inside the parentheses are world ranks.

Overall, most of the top universities are from the mainland and Hong Kong,

which are better than those in Macao and Taiwan. According to the 5-year and 3-year

combined weight rankings, all of the top 10 schools in the list are in mainland China

and Hong Kong. Based on both these methods, the Top 5 are Shanghai University of

Finance and Economics, Hong Kong University of Science and Technology, Peking

University, The University of Hong Kong, and Tsinghua University, although their

specific rankings have changed. In the 2020 ranking, the Top 5 has undergone a small

change: Peking University (37), Tsinghua University (41), Chinese University of

Hong Kong (56), Hong Kong University of Science and Technology (57), and

Shanghai University of Finance and Economics (86). The brackets represent the 2020

comprehensive rankings in the world. In addition, based on the dynamic changes in

the rankings from 2019 to 2020, ShanghaiTech University (47–9), Southwestern

University of Finance and Economics (36–14), National Taiwan University (39–23),

Zhejiang University (27–15), Taiwanese Politics Universities (37–25), New York

University Shanghai (45–33), Nanjing University (19–9), and Nankai University

(39–29) have increased their status significantly.

Table 2-3: University Rankings across the Four Regions under Comprehensive Weight Method



UniversityRanking in2020

Ranking in2019

Ranking in2018

Ranking in2017

Ranking in2016

1(51) 4(60) Shanghai University ofFinance and Economics

5(86) 4(59) 1(34) 1(59) 1(39)

2(54) 2(50) Hong Kong University ofScience and Technology

4(57) 1(34) 3(67) 2(66) 3(69)

3(58) 1(42) Peking University 1(37) 2(36) 5(84) 4(99) 5(81)4(70) 3(53) The University of Hong

Kong7(98) 3(42) 2(35) 5(115) 2(66)

29

5(82) 5(64) Tsinghua University 2(41) 5(72) 6(116) 3(81) 15(258)

6(102) 7(105) Chinese University ofHong Kong

3(56) 6(109) 23(352)

7(162) 4(76)

7(125) 6(102) Fudan University 6(96) 7(145) 4(82) 6(159) 14(255)

8(174) 8(159) Renmin University ofChina

8(119) 13(239)

17(237)

10(214)

6(196)


11(166)

11(190)

10(180)

20(356)

9(223)

10(206) 11(203) Xiamen University 21(307)

8(176) 9(172) 9(199) 11(243)

11(227) 15(231) Southwestern Universityof Finance and Economics

14(208)

36(560)

11(183)

12(253)

8(210)

12(231) 14(230) University of InternationalBusiness and Economics

16(257)

23(362)

8(165) 11(222)

12(246)

13(236) 10(186) Nanjing Audit University 13(180)

9(178) 19(257)

12(253)

/(/)

14(253) 12(210) Zhejiang University 15(214)

27(401)

7(151) /(/) 13(253)

15(266) 13(214) City University of HongKong

17(269)

10(188)

14(196)

29(478)

20(485)

16(277) 27(378) Capital University ofEconomics and Business

23(328)

25(396)

28(599)

8(180) 7(206)

17(292) 17(261) Jinan University 12(178)

19(340)

26(422)

15(274)

/(/)

18(298) 22(305) Central University ofFinance and Economics

18(280)

19(340)

21(344)

23(390)

10(235)

19(314) 19(291) Wuhan University 18(280)

19(340)

20(275)

19(349)

18(442)


31(513)

12(235)

12(184)

/(/) /(/)

21(331) 24(316) National TaiwanUniversity

23(328)

39(566)

15(234)

14(273)

/(/)

22(337) 23(312) Nankai University 29(451)

39(566)

13(185)

21(378)

20(485)

23(349) 20(292) The Chinese University ofHong Kong, Shenzhen

28(441)

15(270)

27(437)

31(480)

/(/)


20(287)

17(290)

21(345)

35(609)

/(/)

25(360) 16(241) Nanjing University 9(161) 19(340)

24(387)

/(/) /(/)

26(382) 25(333) Lingnan University 27(416 32(481 16(236 33(581 /(/)

30

) ) ) )27(383) 33(521) Beijing Normal University 25(405

)/(/) 35(802

)16(281

)16(310

)28(412) 26(359) East China Normal

University21(307

)17(290

)/(/) 34(583

)/(/)

29(456) 34(522) University of Macau 31(513)

32(481)

28(599)

16(281)

/(/)


25(405)

37(564)

/(/) 22(388)

18(442)

31(497) 36(590) Sun Yat-sen University 30(505)

30(467)

/(/) 18(326)

/(/)

32(504) 28(414) ShanghaiTech University 9(161) 47(644)

/(/) /(/) /(/)

33(516) 29(433) University of ChineseAcademy of Sciences

/(/) /(/) 17(237)

/(/) /(/)

34(547) 31(487) Shandong University 34(621)

16(283)

/(/) 31(543)

/(/)

35(548) 35(592) University of Nottingham,Ningbo

/(/) 26(397)

28(599)

23(390)

/(/)

36(560) 30(462) China EuropeInternational BusinessSchool

/(/) 14(256)

/(/) /(/) /(/)

37(581) 39(636) Capital Normal University /(/) 23(362)

/(/) /(/) 17(359)


33(588)

45(609)

28(599)

31(543)

/(/)

39(729) 37(603) National Chung ChengUniversity

/(/) 28(409)

28(599)

/(/) /(/)

40(766) 49(1074) National CentralUniversity

/(/) 37(564)

/(/) 23(390)

/(/)

41(798) 40(663) National Cheng KungUniversity

/(/) /(/) 24(387)

/(/) /(/)

41(798) 46(910) National Chung HsingUniversity

/(/) /(/) 28(599)

29(478)

/(/)

43(843) 53(1252) Cheung Kong GraduateSchool of Business

/(/) /(/) 37(876)

23(390)

/(/)

43(843) 41(702) Jiangxi University ofFinance and Economics

/(/) 31(477)

34(729)

/(/) /(/)

45(870) /(/) Hong Kong PolytechnicUniversity

/(/) /(/) /(/) 23(390)

/(/)

45(870) /(/) Hubei University ofEconomics

/(/) /(/) /(/) 23(390)

/(/)

45(870) 42(730) Nanjing University of /(/) 28(409 /(/) /(/) /(/)

31

Finance and Economics )45(870) 42(730) Shanghai Lixin University

of Accounting andFinance

/(/) /(/) 27(439)

/(/) /(/)

49(1073) 44(886) Beihang University /(/) 39(566)

36(818)

/(/) /(/)

50(1099) 45(909) Shaanxi NormalUniversity

35(633)

44(605)

/(/) /(/) /(/)

51(1100) 46(910) Dongbei University ofFinance and Economics

/(/) 32(481)

/(/) /(/) /(/)

51(1100) 46(910) University of Science andTechnology of China

/(/) 32(481)

/(/) /(/) /(/)

53(1289) 50(1076) Henan University /(/) 39(566)

/(/) /(/) /(/)

53(1289) 50(1076) Xi’an Jiaotong University /(/) 39(566)

/(/) /(/) /(/)

55(1417) 52(1187) Zhejiang University ofFinance and Economics

/(/) 45(609)

/(/) /(/) /(/)

56(1547) 54(1320) Duke Kunshan University /(/) 48(656)

/(/) /(/) /(/)

2.4 Rankings of Universities in Mainland China

Table 2-4 provides the overall rankings of universities in mainland China in the

five years of 2016–2020, the overall ranking of comprehensive weights in 2018–2020,

and the ranking of comprehensive weights over the years. The figures outside the

parentheses represent the ranks in mainland China, and those inside the parentheses

are world ranks. The sign of "/" indicates that the university had no publications in the

26 journals in that year, and thus was excluded from the ranking.

In 2020, mainland universities ranked in the top 10 according to comprehensive

weights are Peking University (37), Tsinghua University (41), Shanghai University of

Finance and Economics (86), Fudan University (96), Renmin University of China

(119), Nanjing University (161), ShanghaiTech University (161), Shanghai Jiaotong

University (166), Jinan University (178), and Nanjing Audit University (180). The top

10 in the total list for 2016–2020 are Shanghai University of Finance and Economics

(51), Peking University (58), Tsinghua University (82), Fudan University (125),

32

Renmin University of China (174), Shanghai Jiaotong University (194), Xiamen

University (206), Southwestern University of Finance and Economics (227),

University of International Business and Economics (231), and Nanjing Audit

University (236). The top 10 in the total list for the 2018–2020 are Peking University

(42), Shanghai University of Finance and Economics (60), Tsinghua University (64),

Fudan University (102), Renmin University of China (159), Shanghai Jiaotong

University (164), Nanjing Audit University (186), Xiamen University (203), Zhejiang

University (210), and University of International Business and Economics (230). The

above brackets are the school's global comprehensive weight ranking in 2020, the

total over five years from 2016–2020, and the total over three years from 2018–2020.

Table 2-4: Rankings of Mainland Universities under Comprehensive Weight Method




Ranking in2019

Ranking in2018

Ranking in2017

Ranking in2016


3(86) 2(59) 1(34) 1(59) 1(39)

2(58) 1(42) Peking University 1(37) 1(36) 3(84) 3(99) 2(81)3(82) 3(64) Tsinghua University 2(41) 3(72) 4(116) 2(81) 12(258)4(125) 4(102) Fudan University 4(96) 4(145) 2(82) 4(159) 11(255)5(174) 5(159) Renmin University

of China5(119) 8(239) 11(237) 7(214) 3(196)


8(166) 7(190) 8(180) 15(356) 6(223)

7(206) 8(203) Xiamen University 16(307) 5(176) 7(172) 6(199) 8(243)8(227) 11(231) Southwestern


11(208) 27(560) 9(183) 9(253) 5(210)


13(257) 17(362) 6(165) 8(222) 9(246)


10(180) 6(178) 13(257) 9(253) /(/)

11(253) 9(210) Zhejiang University 12(214) 21(401) 5(151) /(/) 10(253)12(277) 19(378) Capital University of

Economics and18(328) 19(396) 19(599) 5(180) 4(206)

33

Business13(292) 13(261) Jinan University 9(178) 13(340) 17(422) 11(274) /(/)14(298) 15(305) Central University of


14(280) 13(340) 15(344) 17(390) 7(235)

15(314) 14(291) Wuhan University 14(280) 13(340) 14(275) 14(349) 15(442)16(337) 16(312) Nankai University 21(451) 28(566) 10(185) 16(378) 16(485)17(349) 15(292) The Chinese

University of HongKong, Shenzhen

20(441) 10(270) 18(437) 20(480) /(/)

18(360) 12(241) Nanjing University 6(161) 13(340) 16(387) /(/) /(/)

19(383) 28(521) Beijing NormalUniversity

19(405) /(/) 23(802) 12(281) 13(310)

20(412) 18(359) East China NormalUniversity

16(307) 12(290) /(/) 23(583) /(/)


22(505) 23(467) /(/) 13(326) /(/)


6(161) 35(644) /(/) /(/) /(/)


/(/) /(/) 11(237) /(/) /(/)




/(/) 9(256) /(/) /(/) /(/)


/(/) 17(362) /(/) /(/) 14(359)


23(588) 33(609) 19(599) 21(543) /(/)

29(843) 39(1252) Cheung KongGraduate School ofBusiness

/(/) /(/) 25(876) 17(390) /(/)

29(843) 29(702) Jiangxi University ofFinance andEconomics

/(/) 24(477) 22(729) /(/) /(/)


/(/) /(/) /(/) 17(390) /(/)

31(870) 30(730) Nanjing Universityof Finance andEconomics

/(/) 22(409) /(/) /(/) /(/)

34

31(870) 30(730) Shanghai LixinUniversity ofAccounting andFinance

/(/) /(/) 18(439) /(/) /(/)

34(1073) 32(886) Beihang University /(/) 28(566) 24(818) /(/) /(/)35(1099) 33(909) Shaanxi Normal

University25(633) 32(605) /(/) /(/) /(/)

36(1100) 34(910) Dongbei Universityof Finance andEconomics

/(/) 25(481) /(/) /(/) /(/)

36(1100) 34(910) University of Scienceand Technology ofChina

/(/) 25(481) /(/) /(/) /(/)

38(1289) 36(1076) Henan University /(/) 28(566) /(/) /(/) /(/)38(1289) 36(1076) Xi’an Jiaotong

University/(/) 28(566) /(/) /(/) /(/)

40(1417) 38(1187) Zhejiang Universityof Finance andEconomics

/(/) 33(609) /(/) /(/) /(/)

41(1547) 40(1320) Duke KunshanUniversity

/(/) 36(656) /(/) /(/) /(/)

35

3. Rankings under Journal-weighted Method


Table 3-1 shows the overall university rankings for 2016–2020, 2018–2020, and

for 2016–2020 under the journal-weighted method.

Regardless of the 5-year or 3-year total rankings, the world's top 10 universities

are also the top universities in the United States, and these include Harvard University,

University of Chicago, Stanford University, and Massachusetts Institute of

Technology. Regardless of being based on the 2016–2020 5-year total, the 2018–2020

3-year total, or the 2020 ranking, the top 100 Cross-Strait, Hong Kong, and Macao

universities ranked in the global journal weight rankings are the same five. The total

rankings for the 2016–2020 5-year period show that these five universities are Peking

University (45), Shanghai University of Finance and Economics (47), Hong Kong

University of Science and Technology (53), The University of Hong Kong (71), and

Tsinghua University (83). The 2018–2020 3-year total rankings show that the five

universities are Peking University (40), Hong Kong University of Science and

Technology (50), Shanghai University of Finance and Economics (59), The

University of Hong Kong (59), and Tsinghua University (79). According to the 2020

ranking, these five universities have shuffled their rankings to: Peking University (31),

Hong Kong University of Science and Technology (49), Tsinghua University (51),

Shanghai University of Finance and Economics (78), and The University of Hong

Kong (89).

Table 3-1: Worldwide University Rankings under Journal-weighted Method



University Ranking in2020

Ranking in2019

Ranking in2018

Ranking in2017

Ranking in2016

1 1 Harvard University 1 2 1 2 42 3 University of Chicago 3 1 4 1 13 2 Stanford University 2 2 2 6 2

36

4 4 MIT 5 4 5 4 35 5 LSE 9 5 3 7 66 9 Northwestern University 12 7 8 3 77 7 UC Berkeley 7 10 7 10 58 10 Columbia University 6 11 10 4 79 6 University of Pennsylvania 7 9 6 9 910 8 Yale University 4 13 8 7 1111 11 Princeton University 11 6 11 11 1012 12 NewYork University 9 8 12 12 1313 16 Duke University 20 16 15 16 1214 13 University of Oxford 18 14 13 19 1915 15 UCLA 13 18 20 17 1716 14 UCL 17 12 17 13 4417 18 University of Warwick 15 19 23 15 1618 20 Bocconi University 18 17 31 17 1419 19 University of Michigan 16 23 19 22 1420 17 UCSD 14 14 26 33 2121 23 University of Toronto 28 21 22 14 1822 22 Barcelona GSE 24 19 21 24 1923 25 University of Southern

California21 37 18 22 23

24 23 Boston University 24 22 23 27 2224 20 University of

Wisconsin-Madison22 26 14 30 34

26 26 Paris School of Economics 42 27 16 21 2827 27 University of Zurich 22 45 23 19 5428 28 Universitat Pompeu Fabra 35 23 31 35 2629 29 Cornell University 31 31 26 27 3230 34 Johns Hopkins University 28 45 46 30 3430 30 University of British

Columbia24 27 54 39 49

32 32 University of Essex 42 27 37 43 3333 37 Brown University 53 35 30 35 3433 31 University of Bonn 27 33 54 39 5435 38 University of Maryland 31 60 37 46 3036 39 National University of

Singapore42 51 26 24 65

37 34 Toulouse School ofEconomics

42 33 34 109 26

38 34 University of Texas-Austin 35 25 54 33 8839 43 Pennsylvania State


40 45 Boston College 34 68 51 72 24

37

41 45 University of Cambridge 61 31 54 30 4942 49 Georgetown University 49 93 31 26 4943 47 Stockholm University 51 51 41 27 6544 32 Monash University 30 51 34 93 10545 65 CMU 73 39 90 35 3445 40 Peking University 31 39 70 72 6547 41 Queen Mary University of

London37 48 46 72 65

47 59 Shanghai University ofFinance and Economics

78 60 46 43 39

47 41 University of Virginia 53 51 26 64 7350 53 Dartmouth College 61 51 49 46 4951 53 Ludwig-Maximilians-Unive

rsität Munich64 68 39 43 59

51 43 University of ToulouseCapitole

89 27 39 72 73

53 50 Hong Kong University ofScience and Technology

49 51 51 64 54

53 47 University of Minnesota 39 39 81 48 10055 50 Tel Aviv University 89 38 41 95 4455 53 University of California,

Davis73 48 41 81 44

55 53 University of Copenhagen 39 60 70 81 4455 76 University of New South

Wales78 110 49 39 34

59 68 Washington University 53 103 54 101 2860 50 Arizona State University 68 60 34 93 7361 68 University of North

Carolina, Chapel Hill68 75 54 48 54

62 63 UCSB 37 72 105 54 7362 59 University of Mannheim 53 51 70 61 7362 76 The Ohio State University 78 75 64 61 3965 65 London Business School 42 84 81 109 4265 57 Norwegian School of

Economics42 84 62 81 88

67 59 Aarhus University 53 43 94 64 10567 74 Texas A&M University 124 43 70 54 5969 72 University of Melbourne 78 60 70 64 5969 63 Vanderbilt University 64 45 81 64 10571 59 The University of Hong

Kong89 60 41 127 65

72 91 Indiana University 73 137 70 35 7373 70 The Australian National 53 93 64 101 59

38

University73 96 University of Oslo 78 75 135 54 4275 70 Sciences Po 64 48 105 54 14575 84 University of Cologne 73 75 105 64 5477 76 The Hebrew University of

Jerusalem78 68 81 81 73

78 74 Singapore ManagementUniversity

53 93 81 95 73

78 103 University of Pittsburgh 210 84 64 54 4478 84 University of Rochester 78 93 81 72 5981 89 Universidad Carlos III de

Madrid99 72 94 54 100

81 79 Uppsala University 48 110 105 95 7383 79 Tsinghua University 51 84 116 48 20683 84 University of Bristol 105 72 81 81 7383 98 University of York 113 75 105 72 4986 93 Stockholm School of

Economics68 120 94 81 59

87 79 California Institute ofTechnology

78 103 54 109 88

87 57 KU Leuven 68 39 70 127 32387 114 Maastricht University 135 110 90 39 8887 67 University of Notre Dame 78 68 51 162 11991 103 University of Lausanne 99 60 209 64 7391 93 University of Nottingham 113 75 90 95 6593 98 Vrije Universiteit

Amsterdam89 75 135 72 88

94 106 Imperial College London 113 75 124 64 8895 106 Erasmus University

Rotterdam99 120 94 81 73

95 98 University of Tilburg 179 93 62 81 10097 93 Michigan State University 73 151 70 140 6597 72 Washington University in

St. Louis68 51 94 101 /

99 91 Rice University 105 120 54 109 105100 84 ETH Zürich 135 35 153 72 /100 118 European University

Institute99 110 135 81 73


Table 3-2 provides the rankings of Asian universities under the journal-weighted

39

method, which lists the total of 2016–2020, 2018–2020 and the specific ranking of

each year in 2016–2020. The figures outside the parentheses are Asia ranks, and those

inside the parentheses are world ranks. We see that the top 20 universities are mainly

from Singapore, Israel, mainland China, Hong Kong, Korea, and Japan. National

University of Singapore ranked first in terms of the total journal weight of five and

three years.

According to the 2016–2020 5-year total and the 2020 journal weight ranking,

there are six universities in the Cross-Strait, Hong Kong, and Macao regions that have

entered the top 10 in the Asian list. According to the 5-year total ranking, they are

Peking University (2), Shanghai University of Finance and Economics (3), Hong

Kong University of Science and Technology (4), The University of Hong Kong (6),

Tsinghua University (9), and the Chinese University of Hong Kong (10). According

to the 2018–2020 3-year total ranking situation, the top 10 are Peking University (2),

Hong Kong University of Science and Technology (3), Shanghai University of

Finance and Economics (5), The University of Hong Kong (5), Tsinghua University

(9), and Fudan University (10). The 2020 rankings are Peking University (1), Hong

Kong University of Science and Technology (3), Tsinghua University (4), Chinese

University of Hong Kong (5), Shanghai University of Finance and Economics (8), and

The University of Hong Kong (10).

Table 3-2: Asian University Rankings under Journal-weighted Method




Ranking in2019

Ranking in2018

Ranking in2017

Ranking in2016


2(42) 3(51) 1(26) 1(24) 4(65)

2(45) 2(40) Peking University 1(31) 2(39) 6(70) 5(72) 4(65)3(47) 5(59) Shanghai University


8(78) 5(60) 4(46) 2(43) 1(39)

4(53) 3(50) Hong KongUniversity of

3(49) 3(51) 5(51) 4(64) 3(54)

40

Science andTechnology

5(55) 3(50) Tel Aviv University 10(89) 1(38) 2(41) 8(95) 2(44)6(71) 5(59) The University of

Hong Kong10(89) 5(60) 2(41) 12(127) 4(65)


8(78) 7(68) 8(81) 6(81) 8(73)

8(78) 7(74) SingaporeManagementUniversity

5(53) 9(93) 8(81) 8(95) 8(73)

9(83) 9(79) Tsinghua University 4(51) 8(84) 10(116) 3(48) 26(206)10(102) 11(109) Chinese University

of Hong Kong5(53) 10(110) 41(306) 10(109) 4(65)

11(110) 10(84) Fudan University 7(64) 12(137) 6(70) 13(140) 26(206)12(137) 18(168) Seoul National

University26(210) 10(110) 41(306) 6(81) 12(130)


10(89) 24(214) 19(168) 18(162) 12(130)

14(143) 15(144) NewYork UniversityAbu Dhabi

18(135) 12(137) 19(168) 10(109) 19(167)

15(146) 12(131) Bar Ilan University 14(113) 12(137) 17(153) 27(219) 15(145)16(152) 17(149) University of Tokyo 14(113) 24(214) 19(168) 13(140) 19(167)17(158) 13(135) Zhejiang University 13(105) 31(254) 11(124) /(/) 12(130)18(170) 22(191) Osaka University 23(179) 31(254) 19(168) 22(188) 10(105)18(170) 18(168) Xiamen University 34(268) 12(137) 17(153) 13(140) 19(167)20(173) 15(144) Shanghai Jiao Tong

University20(156) 16(151) 14(135) 37(262) 26(206)

21(180) 18(168) SouthwesternUniversity ofFinance andEconomics

18(135) 60(412) 14(135) 27(219) 15(145)

22(192) 22(191) Waseda University 23(179) 24(214) 31(209) 22(188) 19(167)23(199) 29(205) Hitotsubashi

University16(124) 31(254) 56(448) 27(219) 15(145)


30(237) 38(307) 11(124) 27(219) 26(206)

25(209) 18(168) Indian StatisticalInstitute

23(179) 16(151) 31(209) 37(262) 41(323)

25(209) 22(191) NanyangTechnological

34(268) 31(254) 11(124) 27(219) 33(250)

41

University25(209) 30(220) Yonsei University 26(210) 38(307) 19(168) 13(140) 41(323)28(220) 38(276) Ben-Gurion

University of theNegev

34(268) 31(254) 34(241) 13(140) 26(206)

28(220) 22(191) Bilkent University 30(237) 19(180) 19(168) /(/) 19(167)28(220) 31(233) Keio University 48(326) 24(214) 19(168) 18(162) 33(250)31(237) 22(191) Nanjing Audit

University26(210) 24(214) 19(168) 27(219) /(/)


48(326) 60(412) 41(306) 18(162) 11(119)

33(248) 22(191) City University ofHong Kong

34(268) 16(151) 19(168) 47(358) 41(323)

34(251) 38(276) Central University ofFinance andEconomics

34(268) 38(307) 31(209) 47(358) 15(145)

34(251) 34(257) Kyoto University 48(326) 19(180) 34(241) 47(358) 19(167)36(265) 51(330) Capital University of

Economics andBusiness

34(268) 38(307) 56(448) 22(188) 19(167)

36(265) 44(306) Israel Institute ofTechnology

48(326) 24(214) 56(448) 22(188) 26(206)

36(265) 31(233) Jinan University 20(156) 38(307) 41(306) 27(219) /(/)39(288) 54(355) Sabancı University 34(268) 60(412) 56(448) 18(162) 33(250)39(288) 41(296) Wuhan University 30(237) 38(307) 41(306) 27(219) 41(323)41(298) 38(276) Koc University 63(418) 60(412) 14(135) 47(358) 41(323)42(314) 58(404) Hanyang University 48(326) 60(412) 56(448) 27(219) 26(206)42(314) 34(257) Hong Kong Baptist

University63(418) 24(214) 19(168) /(/) /(/)

42(314) 34(257) KAIST 48(326) 31(254) 19(168) /(/) /(/)42(314) 44(306) Kobe University 48(326) 38(307) 34(241) 47(358) 33(250)42(314) 44(306) National Taiwan

University34(268) 60(412) 34(241) 27(219) /(/)

42(314) 34(257) The ChineseUniversity of HongKong

34(268) 19(180) 56(448) 47(358) /(/)

48(320) 31(233) Nanjing University 20(156) 38(307) 41(306) /(/) /(/)49(332) 44(306) IDC Herzliya /(/) 19(180) 41(306) /(/) 33(250)49(332) 41(296) Lingnan University 48(326) 60(412) 19(168) 47(358) /(/)51(350) 44(306) Indian School of

Business30(237) 60(412) 41(306) 47(358) /(/)

51(350) 54(355) Nankai University 63(418) 60(412) 34(241) 37(262) 41(323)51(350) 44(306) National Tsing Hua 34(268) 60(412) 34(241) 47(358) /(/)

42

University51(350) 51(330) University of Haifa 34(268) 60(412) 41(306) 37(262) /(/)55(375) 58(404) Beijing Normal

University34(268) /(/) 56(448) 47(358) 33(250)

55(375) 58(404) Korea University 48(326) 38(307) /(/) 37(262) 41(323)55(375) 58(404) National Chengchi

University48(326) 38(307) /(/) 37(262) 41(323)

55(375) 58(404) University ofTsukuba

48(326) 38(307) /(/) 47(358) 33(250)

55(375) 68(458) Yokohama NationalUniversity

63(418) 38(307) /(/) 22(188) /(/)

60(395) 58(404) GRIPS 63(418) 38(307) 56(448) 37(262) /(/)60(395) 58(404) Sun Yat-sen

University48(326) 38(307) /(/) 37(262) /(/)


48(326) 38(307) /(/) 47(358) /(/)

62(424) 54(355) Tokyo Institute ofTechnology

34(268) 60(412) 56(448) /(/) /(/)

64(459) 68(458) Ashoka University 48(326) 60(412) /(/) 47(358) /(/)64(459) 58(404) Chulalongkorn

University63(418) 60(412) 41(306) /(/) /(/)

64(459) 79(542) Doshisha University /(/) /(/) 41(306) 47(358) 41(323)64(459) 68(458) NewYork University

Shanghai63(418) 60(412) 56(448) 47(358) /(/)

64(459) 68(458) Shandong University 63(418) 38(307) /(/) 47(358) /(/)64(459) 68(458) Sogang University /(/) 60(412) 41(306) /(/) 41(323)64(459) 58(404) University of Delhi 34(268) 60(412) /(/) /(/) /(/)64(459) 68(458) University of Macau 63(418) 60(412) 56(448) 47(358) /(/)64(459) 68(458) University of



16(124) 60(412) /(/) /(/) /(/)


/(/) 60(412) /(/) 37(262) /(/)

74(542) 99(728) GakushuinUniversity

/(/) 60(412) /(/) /(/) 33(250)


48(326) /(/) /(/) 47(358) /(/)


63(418) 60(412) /(/) 47(358) /(/)

43


/(/) 60(412) 41(306) /(/) /(/)


/(/) 60(412) 41(306) /(/) /(/)


/(/) 60(412) 56(448) /(/) 41(323)


/(/) /(/) /(/) 37(262) 41(323)


/(/) 38(307) /(/) 47(358) /(/)


of Israel/(/) 60(412) 56(448) /(/) 41(323)


/(/) /(/) 34(241) /(/) /(/)


/(/) 31(254) /(/) /(/) /(/)

74(542) 79(542) Yale-NUS College 63(418) 60(412) /(/) /(/) 41(323)88(643) 79(542) Beihang University /(/) 60(412) 56(448) /(/) /(/)88(643) 99(728) Capital Normal

University/(/) 60(412) /(/) /(/) 41(323)


/(/) /(/) 56(448) 47(358) /(/)


/(/) 38(307) /(/) /(/) /(/)


/(/) 60(412) 56(448) /(/) /(/)

88(643) 79(542) Hosei University 63(418) 60(412) /(/) /(/) /(/)88(643) 79(542) Indian Institute of

Technology Kanpur63(418) 60(412) /(/) /(/) /(/)

88(643) 79(542) Indian Institute ofTechnology-Delhi

/(/) 38(307) /(/) /(/) /(/)

88(643) 99(728) Kansai University /(/) /(/) 56(448) /(/) 41(323)88(643) 79(542) Kyungpook National

University/(/) 38(307) /(/) /(/) /(/)

88(643) 99(728) Middle EastTechnical University

/(/) 60(412) /(/) /(/) 41(323)

44


/(/) 60(412) 56(448) /(/) /(/)

88(643) 99(728) National ChungHsing University

/(/) /(/) 56(448) 47(358) /(/)


/(/) 60(412) 56(448) /(/) /(/)


63(418) 60(412) /(/) /(/) /(/)

88(643) 79(542) Sharif University ofTechnology

/(/) 60(412) 56(448) /(/) /(/)


63(418) 60(412) /(/) /(/) /(/)

3.3 University Rankings across the Four Regions

Overall, most of the top universities are from mainland China and Hong Kong,

which are better than those in Macao and Taiwan. According to the total journal

weight ranking in 2016–2020 and 2018–2020, the top 10 schools in the list are all in

mainland China and Hong Kong. The Top 5 in 2020 are Peking University (31), Hong

Kong University of Science and Technology (49), Tsinghua University (51), Chinese

University of Hong Kong (53), and Fudan University (64). The Top 5 rankings for the

2016–2020 5-year total are Peking University, Shanghai University of Finance and

Economics, Hong Kong University of Science and Technology, The University of

Hong Kong, and Tsinghua University. The Top 5 rankings for the 2018–2020 3-year

total ranking are Peking University, Hong Kong University of Science and

Technology, Shanghai University of Finance and Economics, The University of Hong

Kong, and Tsinghua University.

Table 3-3: University Rankings across the Four Regions under Journal-weighted Method




Ranking in2019

Ranking in2018

Ranking in2017

Ranking in2016

1(45) 1(40) Peking University 1(31) 1(39) 4(70) 4(72) 3(65)

2(47) 3(59)Shanghai Universityof Finance andEconomics

6(78) 3(60) 2(46) 1(43) 1(39)

3(53) 2(50) Hong Kong 2(49) 2(51) 3(51) 3(64) 2(54)

45

University ofScience andTechnology

4(71) 3(59)The University ofHong Kong

7(89) 3(60) 1(41) 6(127) 3(65)

5(83) 5(79) Tsinghua University 3(51) 5(84) 6(116) 2(48) 12(206)

6(102) 7(109)Chinese Universityof Hong Kong

4(53) 6(110) 22(306) 5(109) 3(65)

7(110) 6(84) Fudan University 5(64) 7(137) 4(70) 7(140) 12(206)

8(141) 8(135)Renmin Universityof China

7(89) 12(214) 12(168) 9(162) 6(130)

9(158) 8(135) Zhejiang University 9(105) 15(254) 7(124) /(/) 6(130)10(170) 11(168) Xiamen University 18(268) 7(137) 11(153) 7(140) 10(167)

11(173) 10(144)Shanghai Jiao TongUniversity

12(156) 9(151) 9(135) 17(262) 12(206)

12(180) 11(168)

SouthwesternUniversity ofFinance andEconomics

11(135) 29(412) 9(135) 11(219) 8(145)

13(204) 13(191)

University ofInternationalBusiness andEconomics

16(237) 16(307) 7(124) 11(219) 12(206)

14(237) 13(191)Nanjing AuditUniversity

15(210) 12(214) 12(168) 11(219) /(/)

15(248) 13(191)City University ofHong Kong

18(268) 9(151) 12(168) 21(358) 17(323)

16(251) 20(276)Central University ofFinance andEconomics

18(268) 16(307) 17(209) 21(358) 8(145)

17(265) 26(330)Capital University ofEconomics andBusiness

18(268) 16(307) 27(448) 10(188) 10(167)

17(265) 16(233) Jinan University 12(156) 16(307) 22(306) 11(219) /(/)19(288) 21(296) Wuhan University 16(237) 16(307) 22(306) 11(219) 17(323)

20(314) 18(257)Hong Kong BaptistUniversity

30(418) 12(214) 12(168) /(/) /(/)

20(314) 24(306)National TaiwanUniversity

18(268) 29(412) 18(241) 11(219) /(/)

20(314) 18(257)The ChineseUniversity of HongKong

18(268) 11(180) 27(448) 21(358) /(/)

23(320) 16(233) Nanjing University 12(156) 16(307) 22(306) /(/) /(/)

46

24(332) 21(296) Lingnan University 26(326) 29(412) 12(168) 21(358) /(/)25(350) 27(355) Nankai University 30(418) 29(412) 18(241) 17(262) 17(323)

25(350) 24(306)National Tsing HuaUniversity

18(268) 29(412) 18(241) 21(358) /(/)

27(375) 28(404)Beijing NormalUniversity

18(268) /(/) 27(448) 21(358) 16(250)

27(375) 28(404)National ChengchiUniversity

26(326) 16(307) /(/) 17(262) 17(323)

29(395) 28(404)Sun Yat-senUniversity

26(326) 16(307) /(/) 17(262) /(/)

30(424) 28(404)East China NormalUniversity

26(326) 16(307) /(/) 21(358) /(/)

31(459) 32(458)NewYork UniversityShanghai

30(418) 29(412) 27(448) 21(358) /(/)

31(459) 32(458) Shandong University 30(418) 16(307) /(/) 21(358) /(/)31(459) 32(458) University of Macau 30(418) 29(412) 27(448) 21(358) /(/)

31(459) 32(458)University ofNottingham, Ningbo

/(/) 16(307) 27(448) 21(358) /(/)

35(519) 21(296)ShanghaiTechUniversity

10(124) 29(412) /(/) /(/) /(/)

36(542) 32(458)Jiangxi University ofFinance andEconomics

/(/) 29(412) 22(306) /(/) /(/)

36(542) 38(542)National CentralUniversity

/(/) 16(307) /(/) 21(358) /(/)

36(542) 32(458)University ofChinese Academy ofSciences

/(/) /(/) 18(241) /(/) /(/)

39(643) 38(542) Beihang University /(/) 29(412) 27(448) /(/) /(/)

39(643) 43(728)Capital NormalUniversity

/(/) 29(412) /(/) /(/) 17(323)

39(643) 43(728)Cheung KongGraduate School ofBusiness

/(/) /(/) 27(448) 21(358) /(/)

39(643) 38(542)China EuropeInternationalBusiness School

/(/) 16(307) /(/) /(/) /(/)

39(643) 38(542)National ChungCheng University

/(/) 29(412) 27(448) /(/) /(/)

39(643) 43(728)National ChungHsing University

/(/) /(/) 27(448) 21(358) /(/)

39(643) 38(542)Shaanxi NormalUniversity

30(418) 29(412) /(/) /(/) /(/)

47

46(871) 43(728)Dongbei Universityof Finance andEconomics

/(/) 29(412) /(/) /(/) /(/)

46(871) 43(728)Duke KunshanUniversity

/(/) 29(412) /(/) /(/) /(/)

46(871) 43(728) Henan University /(/) 29(412) /(/) /(/) /(/)

46(871) /(/)Hong KongPolytechnicUniversity

/(/) /(/) /(/) 21(358) /(/)

46(871) /(/)Hubei University ofEconomics

/(/) /(/) /(/) 21(358) /(/)

46(871) 43(728)Nanjing Universityof Finance andEconomics

/(/) 29(412) /(/) /(/) /(/)

46(871) 43(728)National ChengKung University

/(/) /(/) 27(448) /(/) /(/)

46(871) 43(728)

Shanghai LixinUniversity ofAccounting andFinance

/(/) /(/) 27(448) /(/) /(/)

46(871) 43(728)University ofScience andTechnology of China

/(/) 29(412) /(/) /(/) /(/)

46(871) 43(728)Xi’an JiaotongUniversity

/(/) 29(412) /(/) /(/) /(/)

46(871) 43(728)Zhejiang Universityof Finance andEconomics

/(/) 29(412) /(/) /(/) /(/)


Table 3-4 lists the ranking of journal weights of mainland universities. In 2020,

mainland universities ranked in the top 10 according to journal weights are Peking

University (31), Tsinghua University (51), Fudan University (64), Shanghai

University of Finance and Economics (78), Renmin University of China (89),

Zhejiang University (105), ShanghaiTech University (124), Southwestern University

of Finance and Economics (135), Shanghai Jiaotong University (156), Nanjing

University (156), and Jinan University (156). The top 10 in total for the 2016–2020

period are Peking University (45), Shanghai University of Finance and Economics

48

(47), Tsinghua University (83), Fudan University (110), Renmin University of China

(141), Xiamen University (170), Zhejiang University (158), Shanghai Jiaotong

University (173), Southwestern University of Finance and Economics (180), and

University of International Business and Economics (204). The Top 10 for the 3-year

total over 2018–2020 are Peking University (40), Shanghai University of Finance and

Economics (59), Tsinghua University (79), Fudan University (84), Zhejiang

University (135), Renmin University of China (135), Shanghai Jiaotong University

(144), Xiamen University (168), Southwestern University of Finance and Economics

(168), and University of International Business and Economics (191).

Table 3-4: Rankings of Mainland Universities under Journal-weighted Method




Ranking in2019

Ranking in2018

Ranking in2017

Ranking in2016



4(78) 2(60) 1(46) 1(43) 1(39)

3(83) 3(79) Tsinghua University 2(51) 3(84) 4(116) 2(48) 9(206)4(110) 4(84) Fudan University 3(64) 4(137) 2(70) 4(140) 9(206)5(141) 5(135) Renmin University

of China5(89) 8(214) 10(168) 6(162) 3(130)

6(158) 5(135) Zhejiang University 6(105) 10(254) 5(124) /(/) 3(130)6(170) 8(168) Xiamen University 15(268) 4(137) 9(153) 4(140) 7(167)8(173) 7(144) Shanghai Jiao Tong

University9(156) 6(151) 7(135) 13(262) 9(206)


8(135) 22(412) 7(135) 8(219) 5(145)


13(237) 11(307) 5(124) 8(219) 9(206)


12(210) 8(214) 10(168) 8(219) /(/)


15(268) 11(307) 12(209) 16(358) 5(145)

49

13(265) 16(330) Capital University ofEconomics andBusiness

15(268) 11(307) 19(448) 7(188) 7(167)

13(265) 12(233) Jinan University 9(156) 11(307) 15(306) 8(219) /(/)15(288) 14(296) Wuhan University 13(237) 11(307) 15(306) 8(219) 14(323)16(314) 14(257) The Chinese

University of HongKong

15(268) 7(180) 19(448) 16(358) /(/)

17(320) 12(233) Nanjing University 9(156) 11(307) 15(306) /(/) /(/)18(350) 18(355) Nankai University 22(418) 22(412) 13(241) 13(262) 14(323)19(375) 19(404) Beijing Normal

University15(268) /(/) 19(448) 16(358) 13(250)


20(326) 11(307) /(/) 13(262) /(/)


20(326) 11(307) /(/) 16(358) /(/)


22(418) 22(412) 19(448) 16(358) /(/)




7(124) 22(412) /(/) /(/) /(/)


/(/) 22(412) 15(306) /(/) /(/)


/(/) 22(412) 13(241) /(/) /(/)

28(643) 28(542) Beihang University /(/) 22(412) 19(448) /(/) /(/)28(643) 31(728) Capital Normal

University/(/) 22(412) /(/) /(/) 14(323)


/(/) /(/) 19(448) 16(358) /(/)


/(/) 11(307) /(/) /(/) /(/)


22(418) 22(412) /(/) /(/) /(/)


/(/) 22(412) /(/) /(/) /(/)

50


/(/) 22(412) /(/) /(/) /(/)

33(871) 30(728) Henan University /(/) 22(412) /(/) /(/) /(/)33(871) /(/) Hubei University of

Economics/(/) /(/) /(/) 16(358) /(/)


/(/) 22(412) /(/) /(/) /(/)


/(/) /(/) 19(448) /(/) /(/)


/(/) 22(412) /(/) /(/) /(/)

33(871) 30(728) Xi’an JiaotongUniversity

/(/) 22(412) /(/) /(/) /(/)


/(/) 22(412) /(/) /(/) /(/)

51

4. Rankings underAuthor-weighted Method


Table 4-1 lists the 2016–2020 5-year total, the 2018–2020 3-year total, and the

top 100 global university rankings for each year from 2016 to 2020 under the author

weight method. Regardless of annual or total ranking, Harvard University, University

of Chicago, Stanford University, London School of Economics and Political Science,

Massachusetts Institute of Technology, Northwestern University, University of

Pennsylvania, University of California, Berkeley, Columbia University, and Yale

University are always in the top 10.

According to the 5-year total and 3-year total rankings, five universities in the

Cross-Strait, Hong Kong, and Macao regions have entered the top 100 global

author-weighted ranking: Shanghai University of Finance and Economics, Hong

Kong University of Science and Technology, Peking University, The University of

Hong Kong, and Tsinghua University. In 2020, they are ranked as follows: Peking

University (32), Tsinghua University (40), Hong Kong University of Science and

Technology (53), Shanghai University of Finance and Economics (79), and The

University of Hong Kong (86). In the 2016–2020 5-year total ranking, their ranks

have changed to Shanghai University of Finance and Economics (43), Hong Kong

University of Science and Technology (49), Peking University (54), The University of

Hong Kong (62), and Tsinghua University (83). In the 2018–2020 3-year total ranking,

they have further changed to Peking University (38), Hong Kong University of

Science and Technology (41), Shanghai University of Finance and Economics (52),

The University of Hong Kong (53), and Tsinghua University (57).

Table 4-1: Worldwide University Rankings under Author-weighted Method




Ranking in2019

Ranking in2018

Ranking in2017

Ranking in2016

1 1 Harvard University 1 2 2 2 52 3 University of 3 1 6 1 1

52

Chicago3 2 Stanford University 2 3 3 7 24 4 LSE 10 4 1 4 65 6 MIT 8 5 8 6 36 5 Northwestern


7 7 University ofPennsylvania

4 10 7 9 7

8 8 UC Berkeley 7 9 5 10 49 9 Columbia University 6 11 9 5 810 10 Yale University 5 16 10 8 1211 11 Princeton University 13 7 12 12 912 12 NewYork University 11 8 17 11 1413 15 Duke University 20 15 14 16 1114 13 University of Oxford 17 13 11 23 1815 14 University of

Michigan12 17 16 28 15

16 16 UCLA 15 21 21 15 1717 19 University of

Toronto24 14 22 14 16

18 21 University ofWarwick

14 37 35 13 21

19 23 Bocconi University 19 26 34 18 1320 17 UCSD 18 12 41 40 2021 18 University of

Wisconsin-Madison25 20 13 42 29

22 20 UCL 16 24 23 20 4223 22 University of


24 25 Cornell University 31 23 26 17 2425 32 Boston University 33 39 32 27 2226 29 National University

of Singapore46 38 20 24 51

27 27 Paris School ofEconomics

44 57 15 34 37

28 24 University ofTexas-Austin

28 18 39 30 74

29 33 University of Zurich 29 40 45 25 4130 30 University of British

Columbia23 31 70 31 47

31 28 University of Bonn 21 30 91 48 4032 31 University of Essex 57 19 27 55 3633 46 Johns Hopkins 50 47 47 26 33

53

University34 35 University of

Maryland30 45 49 60 27

35 34 Brown University 90 25 19 44 5336 42 Pennsylvania State


37 45 University ofCambridge

59 32 48 22 64

38 26 Monash University 26 34 30 90 9139 59 University of New

South Wales87 121 24 29 30

40 43 Boston College 35 61 58 103 2341 40 University of

Copenhagen36 44 63 57 48

42 39 Barcelona GSE 45 46 36 50 5543 52 Shanghai University


79 59 29 53 35

44 37 Vanderbilt University 41 33 51 45 9645 48 Washington

University38 126 31 102 26

46 54 GeorgetownUniversity

49 85 38 33 56

47 56 Indiana University 47 106 49 19 10248 36 Arizona State


49 41 Hong KongUniversity of Scienceand Technology

53 28 57 74 57

50 67 The Ohio StateUniversity

78 75 55 36 34

51 51 UCSB 27 56 139 40 8052 62 CMU 68 43 83 49 3253 44 University of

Virginia48 77 28 58 90

54 38 Peking University 32 35 86 92 7255 55 University of

Melbourne63 52 44 54 67

56 68 MaastrichtUniversity

100 74 42 32 59

57 81 Texas A&MUniversity

166 27 100 38 38

58 61 University of 91 62 39 72 45

54

California, Davis59 49 Uppsala University 22 141 98 142 4960 73 Ludwig-Maximilians

-Universität Munich70 107 52 47 43

61 64 University ofMannheim

60 76 60 77 44

62 53 The University ofHong Kong

86 42 33 105 58


61 117 59 37 69

64 47 Tel Aviv University 73 29 46 119 7065 92 Toulouse School of

Economics114 80 85 154 19


72 48 75 73 63

67 60 Norwegian School ofEconomics

55 84 54 66 87


66 138 64 43 65

69 74 University ofRochester

93 63 69 62 54

70 50 University of NotreDame

58 49 43 150 94

71 80 Aarhus University 76 68 94 34 10472 58 Queen Mary

University of London52 71 67 91 98


75 70 95 59 83

74 65 University ofMinnesota

39 69 145 87 111


89 50 96 61 93


92 79 62 86 66


107 53 56 70 119

78 70 SingaporeManagementUniversity

54 104 77 96 82

79 88 Dartmouth College 81 125 79 46 10380 71 London Business

School37 131 114 144 61

55

81 75 California Institute ofTechnology

82 94 61 108 62


56 67 78 137 85

83 57 Tsinghua University 40 64 102 83 33084 116 University of Oslo 94 129 154 64 3985 91 University of Bristol 103 65 105 64 8786 109 University of

Lausanne106 72 209 68 49

87 117 University of York 148 66 160 82 4688 84 Michigan State


89 129 Simon FraserUniversity

230 93 104 39 77

90 90 University of IllinoisatUrbana–Champaign

155 116 37 62 131

91 95 University ofNottingham

96 113 80 98 73


83 134 73 113 87

93 126 University ofPittsburgh

254 87 92 79 52

94 106 Stockholm School ofEconomics

69 201 110 88 78

95 105 University of Tilburg 195 89 68 84 9996 94 Université de

Montréal132 109 53 171 74

97 85 McGill University 62 228 66 134 12198 83 ETH Zürich 121 35 134 71 /99 98 Goethe University

Frankfurt67 81 173 199 83

100 99 Chinese Universityof Hong Kong

51 97 340 204 81


Table 4-2 provides the rankings of Asian universities using the author-weighted

method. The total rankings during 2016–2020 and 2018–2020 and the specific

ranking of each year in 2016–2020 are shown in the table. The figures outside the

parentheses are Asian ranks, and those inside parentheses are world ranks. The top 20

56

universities are mainly from Singapore, Israel, China, Korea, and Japan. National

University of Singapore ranked first in terms of author weight in both the 5-year and

3-year periods.

According to the 2020 rankings, six universities from both sides of the Taiwan

Straits, Hong Kong and Macau, have entered the top 10 in Asia; these are Peking

University (1), Tsinghua University (2), Chinese University of Hong Kong (4), Hong

Kong University of Science and Technology (5), Shanghai University of Finance and

Economics (9), and Fudan University (10). According to the 2016–2020 5-year total

ranking, there are five universities in the top 10, namely, Shanghai University of


Peking University (4), The University of Hong Kong (5), and Tsinghua University (9).

According to the 2018–2020 3-year total ranking, six universities have found

themselves in the Top 10, namely, Peking University (2), Hong Kong University of

Science and Technology (3), Shanghai University of Finance and Economics (5), The

University of Hong Kong (6), Tsinghua University (7), and Fudan University (10).

Table 4-2: Asian University Rankings under Author-weighted Method




Ranking in2019

Ranking in2018

Ranking in2017

Ranking in2016


3(46) 4(38) 1(20) 1(24) 2(51)


9(79) 6(59) 2(29) 2(53) 1(35)


5(53) 1(28) 5(57) 4(74) 3(57)

4(54) 2(38) Peking University 1(32) 3(35) 8(86) 7(92) 6(72)5(62) 6(53) The University of

Hong Kong11(86) 5(42) 3(33) 10(105) 4(58)

6(64) 4(47) Tel Aviv University 7(73) 2(29) 4(46) 13(119) 5(70)7(73) 9(82) The Hebrew 8(75) 8(70) 9(95) 3(59) 9(83)

57

University ofJerusalem

8(78) 8(70) SingaporeManagementUniversity

6(54) 11(104) 6(77) 8(96) 8(82)


of Hong Kong4(51) 10(97) 47(340) 25(204) 7(81)

11(115) 10(93) Fudan University 10(85) 14(132) 7(80) 16(147) 30(243)12(125) 13(119) NewYork University

Abu Dhabi12(111) 13(130) 14(135) 12(109) 17(173)

13(129) 12(113) Bar Ilan University 15(127) 9(90) 12(126) 21(174) 12(142)14(134) 14(134) University of Tokyo 14(116) 18(160) 17(149) 9(99) 26(231)15(147) 25(200) Seoul National

University30(242) 12(122) 51(382) 5(77) 23(209)

16(153) 18(170) Ben-GurionUniversity of theNegev

31(248) 15(142) 22(173) 11(107) 14(166)

17(155) 19(171) Osaka University 29(228) 34(262) 12(126) 31(245) 10(100)18(174) 16(160) Renmin University

of China13(115) 26(228) 36(255) 29(229) 19(192)


16(131) 31(254) 74(723) 17(152) 11(141)

20(179) 20(173) Waseda University 22(184) 52(345) 15(138) 25(204) 14(166)21(188) 17(161) Shanghai Jiao Tong

University17(159) 22(181) 24(178) 46(350) 24(211)

22(189) 15(152) NanyangTechnologicalUniversity

28(217) 27(233) 10(97) 43(315) 38(298)

23(206) 24(196) Xiamen University 39(298) 17(159) 26(183) 24(199) 27(234)24(207) 36(275) Israel Institute of

Technology61(444) 15(142) 51(382) 15(132) 18(175)

25(216) 27(204) Bilkent University 38(294) 28(237) 18(156) /(/) 13(144)26(221) 29(228) Southwestern


24(201) 81(473) 25(181) 32(246) 21(200)

27(228) 32(238) Keio University 60(437) 25(220) 20(165) 19(164) 38(298)28(230) 30(235) University of

InternationalBusiness andEconomics

33(263) 52(345) 21(172) 27(212) 29(238)

29(233) 21(188) Nanjing Audit 23(188) 18(160) 35(249) 32(246) /(/)

58

University30(242) 22(194) Indian Statistical

Institute21(179) 24(218) 29(224) 49(374) 46(344)

31(252) 23(195) Zhejiang University 27(216) 61(377) 16(146) /(/) 37(296)32(253) 38(286) Sabancı University 36(269) 36(275) 44(291) 18(161) 38(298)33(260) 26(202) City University of

Hong Kong32(254) 20(173) 28(201) 60(470) 59(481)


42(323) 60(376) 64(598) 20(168) 19(192)

35(267) 52(340) Yonsei University 51(393) 79(461) 41(274) 14(129) 46(344)36(269) 35(273) Kyoto University 52(395) 23(188) 43(285) 50(376) 22(202)37(280) 34(252) Jinan University 19(169) 48(322) 56(410) 35(261) /(/)38(283) 71(479) Sungkyunkwan

University59(436) 100(559) 63(595) 22(185) 16(170)


33(263) 48(322) 49(363) 50(376) 28(237)

40(300) 36(275) Wuhan University 33(263) 48(322) 40(269) 44(339) 53(432)41(308) 45(305) Kobe University 39(298) 64(388) 42(278) 37(266) 44(337)42(310) 41(290) University of Haifa 25(203) 82(477) 50(380) 34(253) /(/)43(313) 33(247) KAIST 44(337) 21(175) 36(255) /(/) /(/)44(319) 42(295) Koc University 74(584) 64(388) 19(163) 64(540) 42(330)45(324) 46(307) National Taiwan

University42(323) 100(559) 32(228) 35(261) /(/)

46(326) 44(301) Nankai University 61(444) 100(559) 22(173) 48(365) 59(481)47(340) 40(289) National Tsing Hua

University36(269) 36(275) 46(336) 70(609) /(/)

48(342) 51(339) Indian School ofBusiness

44(337) 114(633) 36(255) 37(266) /(/)


69(506) 35(273) 27(191) /(/) /(/)

50(345) 48(319) IDC Herzliya /(/) 30(248) 33(230) /(/) 45(339)51(349) 59(407) GRIPS 61(444) 52(345) 57(421) 28(213) /(/)52(351) 64(427) Korea University 56(410) 52(345) /(/) 45(346) 30(243)53(352) 61(417) Hanyang University 44(337) 82(477) 64(598) 50(376) 30(243)54(355) 72(482) University of

Tsukuba61(444) 59(369) /(/) 46(350) 25(222)

55(363) 57(376) Sogang University /(/) 64(388) 33(230) /(/) 30(243)56(365) 47(308) Chinese University

of Hong Kong,Shenzhen

67(499) 32(260) 61/(505) 63(496) /(/)

57(366) 76(499) Yokohama National 69(506) 52(345) /(/) 23(189) /(/)

59

University58(370) 31(236) Nanjing University 18(160) 48(322) 51(382) /(/) /(/)59(374) 77(507) Beijing Normal

University52(395) /(/) 75(797) 37(266) 38(298)

60(375) 49(326) Lingnan University 56(410) 82(477) 29(224) 68(581) /(/)61(376) 65(454) Doshisha University /(/) /(/) 36(255) 37(266) 46(344)62(397) 54(345) East China Normal

University39(298) 36(275) /(/) 69(583) /(/)

63(407) 53(342) ChulalongkornUniversity

44(337) 36(275) 62(568) /(/) /(/)

64(417) 70(471) Yale-NUS College 44(337) 100(559) /(/) /(/) 30(243)65(420) 55(355) Tokyo Institute of

Technology50(392) 36(275) 64(598) /(/) /(/)


/(/) 36(275) 44(291) /(/) /(/)

67(449) 82(558) University of Macau 69(506) 82(477) 64(598) 37(266) /(/)68(452) 75(497) National Chengchi

University52(395) 98(555) /(/) 50(376) 53(432)


69(506) 36(275) /(/) 50(376) /(/)


/(/) /(/) /(/) 30(233) 46(344)


66(497) 78(456) /(/) 42(315) /(/)


20(170) 115(642) /(/) /(/) /(/)


/(/) /(/) 29(224) /(/) /(/)


/(/) 36(275) /(/) /(/) 52(429)




/(/) 29(239) /(/) /(/) /(/)


/(/) 64(388) 47(340) /(/) /(/)


44(337) 82(477) /(/) /(/) /(/)

60


/(/) 52(345) /(/) /(/) 46(344)


/(/) 64(388) 64(598) /(/) 53(432)


of Israel/(/) 82(477) 57(421) /(/) 53(432)

81(583) 72(482) University of Delhi 52(395) 82(477) /(/) /(/) /(/)85(596) 91(616) Huazhong University

of Science andTechnology

56(410) /(/) /(/) 60(470) /(/)

86(605) /(/) HiroshimaUniversity

/(/) /(/) /(/) /(/) 30(243)

86(605) 78(508) Incheon NationalUniversity

/(/) 36(275) /(/) /(/) /(/)

86(605) 78(508) KanagawaUniversity

/(/) 36(275) /(/) /(/) /(/)

86(605) 91(616) NewYork UniversityShanghai

74(584) 109(600) 64(598) 64(540) /(/)

86(605) 78(508) Pohang University ofScience andTechnology

/(/) 36(275) /(/) /(/) /(/)

86(605) /(/) RitsumeikanUniversity

/(/) /(/) /(/) /(/) 30(243)

92(703) 98(685) Ashoka University 67(499) 109(600) /(/) 64(540) /(/)93(706) 85(579) Ewha Womans

University/(/) 82(477) 57(421) /(/) /(/)

93(706) 85(579) Hosei University 69(506) 64(388) /(/) /(/) /(/)93(706) 100(712) Kansai University /(/) /(/) 57(421) /(/) 53(432)93(706) 100(712) Middle East

Technical University/(/) 64(388) /(/) /(/) 53(432)


/(/) 64(388) 64(598) /(/) /(/)


/(/) 64(388) 64(598) /(/) /(/)


Table 4-3 gives the total weight ranking of universities on both sides of the

Taiwan Straits, Hong Kong and Macao in 2016–2020, 2018–2020, and the specific

61

ranking of each year in the 5-year period. The sign of "/" indicates the university had

no publications in the 26 journals in that year, and was excluded from the ranking.

The figures outside the parentheses represent the ranks across the four regions, and

those inside the parentheses are world ranks. Overall, mainland China and Hong Kong

universities ranked in top positions, higher than Macau and Taiwan universities.

According to the 5-year and 3-year author weight rankings, all of the top 10 schools

on the list are in mainland China and Hong Kong. The Top 5 in 2020 are Peking

University (32), Tsinghua University (40), Chinese University of Hong Kong (51),

Hong Kong University of Science and Technology (53), and Shanghai University of

Finance and Economics (79). The Top 5 rankings for the 2016–2020 5-year total are

Shanghai University of Finance and Economics (43), Hong Kong University of

Science and Technology (49), Peking University (54), The University of Hong Kong

(62), and Tsinghua University (83). The Top 5 rankings for the 2018–2020 3-year

total are Peking University (38), Hong Kong University of Science and Technology

(41), Shanghai University of Finance and Economics (52), The University of Hong

Kong (53), and Tsinghua University (57).

Table 4-3: University Rankings across the Four Regions under Author-weighted Method




Ranking in2019

Ranking in2018

Ranking in2017

Ranking in2016


5(79) 4(59) 1(29) 1(53) 1(35)


4(53) 1(28) 3(57) 2(74) 2(57)

3(54) 1(38) Peking University 1(32) 2(35) 5(86) 4(92) 4(72)4(62) 4(53) The University of

Hong Kong7(86) 3(42) 2(33) 5(105) 3(58)


of Hong Kong3(51) 6(97) 22(340) 9(204) 5(81)

7(115) 6(93) Fudan University 6(85) 7(132) 4(80) 6(147) 13(243)8(174) 8(160) Renmin University 8(115) 12(228) 19(255) 11(229) 6(192)

62

of China9(188) 9(161) Shanghai Jiao Tong

University9(159) 11(181) 10(178) 20(350) 9(211)

10(206) 12(196) Xiamen University 21(298) 8(159) 12(183) 8(199) 10(234)11(221) 14(228) Southwestern


14(201) 32(473) 11(181) 12(246) 8(200)


17(263) 23(345) 8(172) 10(212) 12(238)


13(188) 9(160) 18(249) 12(246) /(/)

14(252) 11(195) Zhejiang University 15(216) 26(377) 7(146) /(/) 14(296)15(260) 13(202) City University of

Hong Kong16(254) 10(173) 14(201) 29(470) 20(481)

16(264) 27(367) Capital Universityof Economics andBusiness

23(323) 25(376) 28(598) 7(168) 6(192)

17(280) 17(252) Jinan University 11(169) 19(322) 26(410) 14(261) /(/)18(295) 21(297) Central University


17(263) 19(322) 23(363) 22(376) 11(237)

19(300) 18(275) Wuhan University 17(263) 19(322) 20(269) 19(339) 18(432)20(307) 16(236) National Taiwan

University23(323) 39(559) 17(228) 14(261) /(/)

21(324) 23(307) Nankai University 28(444) 39(559) 9(173) 21(365) 20(481)22(326) 22(301) National Tsing Hua

University20(269) 16(275) 21(336) 35(609) /(/)


31(506) 15(273) 13(191) /(/) /(/)

24(343) 19(288) Chinese Universityof Hong Kong,Shenzhen

30(499) 14(260) 27/(505) 31/(496) /(/)

25(370) 16(236) Nanjing University 10(160) 19(322) 24(382) /(/) /(/)26(374) 33(507) Beijing Normal

University25(395) /(/) 34(797) 16(266) 15(298)

27(375) 25(326) Lingnan University 27(410) 33(477) 15(224) 33(581) /(/)28(397) 26(345) East China Normal

University21(298) 16(275) /(/) 34(583) /(/)

29(449) 34(558) University of Macau 31(506) 33(477) 28(598) 16(266) /(/)30(452) 32(497) National Chengchi 25(395) 37(555) /(/) 22(376) 18(432)

63

University31(483) 35(575) Sun Yat-sen

University29(497) 30(456) /(/) 18(315) /(/)


12(170) 47(642) /(/) /(/) /(/)


/(/)33(477)

15(224) /(/) /(/)

34(540) 31(482) ShandongUniversity

34(618) 18(308) /(/) 31(540) /(/)

34(540) 36(572) University ofNottingham, Ningbo

/(/) 27(380) 28(598) 22(376) /(/)


/(/) 13(239) /(/) /(/) /(/)


/(/) 23(345) /(/) /(/) 17(344)

38(605) 38(616) New YorkUniversity Shanghai

33(584) 45(600) 28(598) 31(540) /(/)


/(/) 28(388) 28(598) /(/) /(/)


/(/) 37(555) /(/) 22(376) /(/)

41(790) 40(652) National ChengKung University

/(/) /(/) 24(382) /(/) /(/)


/(/) /(/) 28(598) 29(470) /(/)


/(/) /(/) 36(873) 22(376) /(/)

44(849) /(/) Hong KongPolytechnicUniversity

/(/) /(/) /(/) 22(376) /(/)


/(/) /(/) /(/) 22(376) /(/)

44(849) 41(712) Jiangxi Universityof Finance andEconomics

/(/) 31(467) 36(873) /(/) /(/)


/(/) 28(388) /(/) /(/) /(/)

44(849) 41(712) Shanghai LixinUniversity of

/(/) /(/) 27(421) /(/) /(/)

64

Accounting andFinance


University35(630) 44(596) /(/) /(/) /(/)


/(/) 33(477) /(/) /(/) /(/)

51(1094) 46(911) University ofScience andTechnology ofChina

/(/) 33(477) /(/) /(/) /(/)


University/(/) 39(559) /(/) /(/) /(/)


/(/) 45(600) /(/) /(/) /(/)


/(/) 48(656) /(/) /(/) /(/)


Table 4-4 lists the overall weight ranking of universities in mainland China in

2016–2020, the total weight ranking in 2018–2020, and the weight ranking for

individual years under the author-weighted method. The "/" indicates no papers

published in the year, so the university was not ranked. The figures outside the

parentheses are ranks in mainland China and those inside the parentheses are world

ranks.

In 2020, the top 10 universities in mainland China according to author weight

are Peking University (32), Tsinghua University (40), Shanghai University of Finance

and Economics (79), Fudan University (85), Renmin University of China (115),

Shanghai Jiaotong University (159), Nanjing University (160), Jinan University (169),

ShanghaiTech University (170), and Nanjing Audit University (188). The top 10 in

total weight ranking for the 2016–2020 period are Shanghai University of Finance and

Economics (43), Peking University (54), Tsinghua University (83), Fudan University

65

(115), Renmin University of China (174), Shanghai Jiaotong University (188),

Xiamen University (206), Southwestern University of Finance and Economics (221),

University of International Business and Economics (230), and Nanjing Audit

University (233). The top 10 for the 2018–2020 period are Peking University (38),

Shanghai University of Finance and Economics (52), Tsinghua University (57), Fudan

University (93), Shanghai Jiaotong University (161), Renmin University of China

(160), Xiamen University (196), Zhejiang University (195), Nanjing Audit University

(188), and Nanjing University (236).

Table 4-4: Rankings of Mainland Universities under Author-weighted Method




Ranking in2019

Ranking in2018

Ranking in2017

Ranking in2016

1(43) 2(52) Shanghai University ofFinance andEconomics

3(79) 2(59) 1(29) 1(53) 1(35)

2(54) 1(38) Peking University 1(32) 1(35) 3(86) 3(92) 2(72)3(83) 3(57) Tsinghua University 2(40) 3(64) 4(102) 2(83) 13(330)4(115) 4(93) Fudan University 4(85) 4(132) 2(80) 4(147) 10(243)5(174) 6(160) Renmin University of

China5(115) 8(228) 13(255) 8(229) 3(192)


6(159) 7(181) 8(178) 15(350) 6(211)

7(206) 7(196) Xiamen University 16(298)

5(159) 10(183) 6(199) 7(234)

8(221) 11(228) SouthwesternUniversity of Financeand Economics

11(201)

25(473) 9(181) 9(246) 5(200)

9(230) 12(235) University ofInternational Businessand Economics

13(263)

17(345) 6(172) 7(212) 9(238)


10(188)

6(160) 12(249) 9(246) /(/)

11(252) 8(195) Zhejiang University 12(216)

20(377) 5(146) /(/) 11(296)


18(323)

19(376) 19(598) 5(168) 3(192)

13(280) 13(252) Jinan University 8(169) 13(322) 17(410) 11(261) /(/)

66


13(263)

13(322) 15(363) 17(376) 8(237)

15(300) 14(275) Wuhan University 13(263)

13(322) 14(269) 14(339) 15(432)

16(326) 16(301) Nankai University 20(444)

28(559) 7(173) 16(365) 16(481)

17(365) 17(308) Chinese University ofHong Kong, Shenzhen

22(499)

10(260) 19/(505) 20/(496)

/(/)

18(370) 12(236) Nanjing University 7(160) 13(322) 16(382) /(/) /(/)19(374) 28(507) Beijing Normal

University19(395

)/(/) 23(797) 12(266) 12(298)


16(298)

11(275) /(/) 23(583) /(/)

21(483) 24(575) Sun Yat-sen University 21(497)

23(456) /(/) 13(315) /(/)


9(170) 35(642) /(/) /(/) /(/)


/(/) 26(477) 11(224) /(/) /(/)

24(540) 23(482) Shandong University 24(618)

12(308) /(/) 21(540) /(/)


/(/) 21(380) 20(598) 17(376) /(/)


/(/) 9(239) /(/) /(/) /(/)


/(/) 17(345) /(/) /(/) 14(344)


23(584)

33(600) 19(598) 21(540) /(/)


/(/) /(/) 24(873) 17(376) /(/)


/(/) /(/) /(/) 17(376) /(/)


/(/) 24(467) 24(873) /(/) /(/)

30(849) 29(712) Nanjing University ofFinance andEconomics

/(/) 22(388) /(/) /(/) /(/)

30(849) 29(712) Shanghai Lixin /(/) /(/) 18(421) /(/) /(/)

67

University ofAccounting andFinance


University25(630

)32(596) /(/) /(/) /(/)

36(1094) 34(911) Dongbei University ofFinance andEconomics

/(/) 26(477) /(/) /(/) /(/)


/(/) 26(477) /(/) /(/) /(/)


University/(/) 28(559) /(/) /(/) /(/)

40(1409) 38(1179) Zhejiang University ofFinance andEconomics

/(/) 33(600) /(/) /(/) /(/)


/(/) 36(656) /(/) /(/) /(/)

68

5. Rankings by Number of Published Articles


Table 5-1 shows the ranking of global universities in terms of the number of

published articles in the 5-year period of 2016–2020, the 3-year period of 2018–2020,

and individual years from 2016 to 2020.

For both 5-year and 3-year periods, apart from for the London School of

Economics and Political Science in the UK, all the 9 universities in the top 10 ranked

according to the number of articles are from the US, including Harvard University,

University of Chicago, Stanford University, and Massachusetts Institute of

Technology. According to the 2020 rankings, there are eight Cross-Strait, Hong Kong,

and Macau universities in the top 100 according to the number of articles: Peking

University (26), Hong Kong University of Science and Technology (43), Chinese

University of Hong Kong (45), Tsinghua University (45), Fudan University (53),

Shanghai University of Finance and Economics (73), The University of Hong Kong

(73), and Renmin University of China (80). In the 2016–2020 5-year and 2018–2020

3-year total rankings, the same seven universities are in the top 100. According to the

5-year total ranking, these are: Peking University (40), Shanghai University of


The University of Hong Kong (70), Tsinghua University (76), Fudan University (100),

and The Chinese University of Hong Kong (100). According to the 3-year total

ranking, these are: Peking University (34), Hong Kong University of Science and

Technology (43), Shanghai University of Finance and Economics (52), The

University of Hong Kong (56), Tsinghua University (72), Fudan University (78), and

The Chinese University of Hong Kong (98).

Table 5-1: Worldwide University Rankings by Number of Published Articles



University Ranking in2020

Ranking in2019

Ranking in2018

Ranking in2017

Ranking in2016

69

1 1 Harvard University 1 2 1 2 32 3 University of

Chicago3 1 4 1 1

3 2 Stanford University 2 3 3 6 24 5 MIT 6 4 8 5 45 4 LSE 10 5 2 6 66 8 Northwestern


7 6 University ofPennsylvania

7 9 5 9 8

8 10 Columbia University 5 11 10 3 79 7 UC Berkeley 8 10 6 10 510 9 Yale University 4 15 7 8 1211 11 Princeton University 11 7 12 11 1012 12 New York University 9 8 13 11 1313 13 University of Oxford 18 12 11 16 1714 15 Duke University 20 14 18 17 1115 17 University of

Warwick13 19 23 13 16

16 16 University ofMichigan

15 22 16 23 14

17 18 Bocconi University 18 15 23 17 1518 14 UCL 17 13 19 15 4019 19 UCLA 14 20 22 17 1820 24 University of

Toronto22 21 27 14 19

21 19 UCSD 15 15 33 35 2122 21 Barcelona GSE 26 18 20 23 2322 23 University of


24 24 Paris School ofEconomics

37 28 14 20 23

25 22 University ofWisconsin-Madison

24 29 15 35 29

26 26 Boston University 29 25 33 32 2326 28 Cornell University 32 25 28 26 2728 28 University of Zurich 20 40 28 20 5329 30 University of Essex 37 25 28 35 3130 33 National University

of Singapore37 51 21 23 53


45 23 33 46 36

31 31 University of British 24 29 63 41 40

70

Columbia33 37 University of

Maryland33 44 33 41 31

34 38 Johns HopkinsUniversity

31 44 52 31 37

35 26 Monash University 22 40 23 76 9536 39 Pennsylvania State


36 34 University of Bonn 29 35 63 46 4936 39 University of

Cambridge51 32 49 26 53

36 34 University ofTexas-Austin

37 23 55 32 74

40 34 Peking University 26 37 63 63 5341 46 Boston College 33 57 55 87 2241 47 Georgetown


41 52 Shanghai Universityof Finance andEconomics

73 55 33 32 31

44 45 Brown University 80 40 28 35 4344 44 Toulouse School of

Economics61 37 42 104 23

46 43 Hong KongUniversity ofScience andTechnology

43 44 42 63 43

47 41 University ofVirginia

51 57 23 63 65

48 41 Queen MaryUniversity ofLondon

37 44 42 76 65

48 73 University of NewSouth Wales

80 121 40 29 31

50 55 Ludwig-Maximilians-Universität Munich

64 57 40 41 49

50 51 University ofCalifornia, Davis

73 51 33 76 37

52 47 University ofCopenhagen

36 55 63 76 43


64 69 42 35 74

54 67 CMU 64 44 102 41 43

71

55 47 Tel Aviv University 92 35 42 104 5355 67 Washington



92 32 49 76 95

57 52 Vanderbilt University 53 39 74 56 9557 73 The Ohio State


60 61 Dartmouth College 64 69 52 53 6560 73 Texas A&M



61 89 55 46 53

63 52 Arizona StateUniversity

64 69 32 97 74

64 82 Indiana University 64 121 63 29 7464 64 University of

Mannheim53 57 81 56 65

66 67 University ofMelbourne

73 57 63 63 53

67 59 Aarhus University 53 44 91 56 10867 59 Norwegian School of

Economics53 79 52 63 95


64 57 91 56 53

70 61 SingaporeManagementUniversity

45 89 63 87 74


53 89 55 97 53

70 67 UCSB 43 57 125 63 7470 56 The University of

Hong Kong73 57 42 110 65

70 64 University ofMinnesota

45 57 102 56 95


80 69 81 87 65

76 72 Tsinghua University 45 79 102 46 23676 84 University of

Nottingham102 79 74 87 53

76 98 University of Oslo 92 79 125 76 4079 102 Maastricht 119 106 74 35 91

72

University79 56 University of Notre

Dame73 57 42 147 121

79 102 University of York 119 69 113 63 4382 87 University of Bristol 102 69 91 76 7482 91 University of

Rochester92 96 81 63 74

82 94 Vrije UniversiteitAmsterdam

80 69 138 56 74

85 78 London BusinessSchool

53 96 91 147 53


92 57 91 76 108

85 98 University ofLausanne

102 51 193 63 65

85 77 Uppsala University 37 121 102 122 7489 114 University of

Pittsburgh218 96 74 63 43

89 94 University of Tilburg 154 89 55 63 9191 84 California Institute

of Technology80 106 63 122 74

91 98 Erasmus UniversityRotterdam

92 106 91 87 74

91 91 Michigan StateUniversity

80 140 63 122 53

94 84 Sciences Po 64 69 125 87 13494 102 Stockholm School of

Economics73 166 91 87 74

96 78 ETH Zürich 119 32 138 63 /97 61 KU Leuven 80 51 55 170 30497 94 Université Libre de

Bruxelles92 140 63 46 304

97 118 University of IllinoisatUrbana–Champaign

188 166 55 46 108

100 98 Chinese Universityof Hong Kong

45 96 293 147 74

100 78 Fudan University 53 121 74 122 188100 112 University of

Amsterdam80 89 193 76 108


80 106 81 122 108

73


Table 5-2 shows the ranking of universities in Asia based on the number of

articles. The table lists the 2016–2020 5-year total, the 2018–2020 3-year total, and

the ranking for each year from 2016 to 2020. The numbers outside the brackets are

their rankings in the Asian region, and the numbers in brackets are their rankings on a

global scale.

The top 20 universities are mainly from Singapore, Israel, China, Japan, the UAE,

and South Korea. In particular, The National University of Singapore ranks first in

terms of the total number of articles in the 5-year and 3-year categories. In 2020, six

universities from the two sides of Taiwan Straits, Hong Kong and Macau entered the

top 10 of the Asian list, namely, Peking University (1), Hong Kong University of

Science and Technology (3), Tsinghua University (4), Chinese University of Hong

Kong (4), Fudan University (7), and Shanghai University of Finance and Economics

(8). According to the 2016–2020 total ranking, there are seven universities in the top

10, and the ranking changes to Peking University (2), Shanghai University of Finance

and Economics (3), Hong Kong University of Science and Technology (4), The

University of Hong Kong (6), Tsinghua University (9), The Chinese University of

Hong Kong (10), and Fudan University (10). According to the 2018–2020 total

ranking, six of them are the top 10: Peking University (2), Hong Kong University of

Science and Technology (3), Shanghai University of Finance and Economics (5), The

University of Hong Kong (6), Tsinghua University (8), and Fudan University (9).

Table 5-2: Asian University Rankings by Number of Published Articles




Ranking in2019

Ranking in2018

Ranking in2017

Ranking in2016


2(37) 4(51) 1(21) 1(23) 3(53)



8(73) 5(55) 2(33) 2(32) 1(31)

74


3(43) 3(44) 3(42) 4(63) 2(43)

5(55) 4(47) Tel Aviv University 12(92) 1(35) 3(42) 9(104) 3(53)6(70) 7(61) Singapore


4(45) 9(89) 6(63) 6(87) 8(74)

6(70) 6(56) The University ofHong Kong

8(73) 6(57) 3(42) 10(110) 6(65)


10(80) 7(69) 9(81) 6(87) 6(65)


of Hong Kong4(45) 10(96) 41(293) 14(147) 8(74)

10(100) 9(78) Fudan University 7(53) 12(121) 8(74) 12(122) 25(188)12(134) 13(134) New York

University AbuDhabi

15(119) 12(121) 17(156) 10(110) 17(155)

13(136) 18(157) Seoul NationalUniversity

25(188) 11(106) 41(293) 6(87) 12(134)


10(80) 20(194) 27(193) 19(170) 12(134)

15(146) 13(134) Bar Ilan University 14(110) 15(140) 17(156) 27(207) 17(155)16(150) 12(130) Zhejiang University 13(102) 28(236) 11(113) /(/) 12(134)17(156) 17(149) University of Tokyo 15(119) 20(194) 17(156) 14(147) 25(188)18(159) 21(172) Osaka University 19(154) 28(236) 17(156) 19(170) 11(121)18(159) 18(157) Xiamen University 31(257) 12(121) 17(156) 14(147) 17(155)20(163) 16(145) Shanghai Jiao Tong

University19(154) 15(140) 14(138) 36(245) 25(188)


18(137) 58(388) 14(138) 27(207) 12(134)


15(119) 28(236) 55(426) 27(207) 12(134)

22(187) 26(204) Waseda University 25(188) 28(236) 27(193) 19(170) 17(155)24(197) 21(172) Nanyang

TechnologicalUniversity

31(257) 28(236) 11(113) 27(207) 30(236)

25(202) 34(251) Ben-GurionUniversity of the

31(257) 28(236) 33(231) 12(122) 25(188)

75

Negev25(202) 18(157) Indian Statistical

Institute19(154) 18(166) 27(193) 36(245) 41(304)

25(202) 30(220) Keio University 44(310) 20(194) 17(156) 14(147) 30(236)25(202) 26(204) University of

InternationalBusiness andEconomics

31(257) 37(292) 13(125) 27(207) 25(188)

29(215) 30(220) Yonsei University 28(218) 37(292) 17(156) 14(147) 41(304)30(225) 26(204) Bilkent University 31(257) 20(194) 17(156) /(/) 17(155)30(225) 24(190) Nanjing Audit

University28(218) 20(194) 17(156) 27(207) /(/)


44(310) 58(388) 41(293) 19(170) 10(108)


31(257) 15(140) 27(193) 46(345) 41(304)


31(257) 37(292) 55(426) 19(170) 17(155)

34(247) 34(251) Kyoto University 44(310) 20(194) 33(231) 46(345) 17(155)36(257) 37(278) Central University of


31(257) 37(292) 33(231) 46(345) 17(155)

36(257) 32(229) Jinan University 19(154) 37(292) 41(293) 27(207) /(/)38(271) 37(278) Wuhan University 28(218) 37(292) 41(293) 27(207) 41(304)39(282) 51(343) Israel Institute of

Technology62(404) 28(236) 55(426) 19(170) 30(236)

40(292) 37(278) Koc University 62(404) 58(388) 14(138) 46(345) 41(304)40(292) 32(229) Nanjing University 19(154) 37(292) 41(293) /(/) /(/)40(292) 42(295) National Taiwan

University31(257) 58(388) 33(231) 27(207) /(/)

40(292) 57(382) Sabancı University 44(310) 58(388) 55(426) 19(170) 30(236)44(312) 34(251) KAIST 44(310) 28(236) 27(193) /(/) /(/)44(312) 47(314) Kobe University 44(310) 58(388) 33(231) 46(345) 30(236)44(312) 37(278) Lingnan University 44(310) 58(388) 17(156) 46(345) /(/)47(334) 57(382) Hanyang University 44(310) 58(388) 55(426) 36(245) 30(236)47(334) 37(278) Hong Kong Baptist

University62(404) 28(236) 27(193) /(/) /(/)

47(334) 47(314) IDC Herzliya /(/) 20(194) 41(293) /(/) 30(236)47(334) 51(343) Nankai University 62(404) 58(388) 33(231) 36(245) 41(304)47(334) 42(295) National Tsing Hua

University31(257) 58(388) 33(231) 46(345) /(/)

47(334) 47(314) University of Haifa 31(257) 58(388) 41(293) 36(245) /(/)

76


31(257) /(/) 55(426) 46(345) 30(236)


44(310) 18(166) /(/) /(/) /(/)

53(357) 57(382) Korea University 44(310) 37(292) /(/) 36(245) 41(304)53(357) 57(382) National Chengchi

University44(310) 37(292) /(/) 36(245) 41(304)

53(357) 42(295) Tel-Aviv Univeristy 25(188) 37(292) /(/) /(/) /(/)53(357) 57(382) University of

Tsukuba44(310) 37(292) /(/) 46(345) 30(236)

53(357) 67(442) Yokohama NationalUniversity

62(404) 37(292) /(/) 19(170) /(/)

59(379) 57(382) GRIPS 62(404) 37(292) 55(426) 36(245) /(/)59(379) 51(343) Indian School of

Business44(310) 58(388) 41(293) 46(345) /(/)


44(310) 37(292) /(/) 36(245) /(/)


44(310) 37(292) /(/) 46(345) /(/)

62(406) 51(343) Koç University 62(404) 20(194) /(/) /(/) /(/)62(406) 51(343) Tokyo Institute of

Technology31(257) 58(388) 55(426) /(/) /(/)

64(442) 67(442) Ashoka University 44(310) 58(388) /(/) 46(345) /(/)64(442) 57(382) Chulalongkorn

University62(404) 58(388) 41(293) /(/) /(/)

64(442) 77(521) Doshisha University /(/) /(/) 41(293) 46(345) 41(304)64(442) 67(442) New York

University Shanghai62(404) 58(388) 55(426) 46(345) /(/)

64(442) 67(442) Shandong University 62(404) 37(292) /(/) 46(345) /(/)64(442) 67(442) Sogang University /(/) 58(388) 41(293) /(/) 41(304)64(442) 67(442) University of Macau 62(404) 58(388) 55(426) 46(345) /(/)64(442) 67(442) University of



/(/) 58(388) /(/) /(/) 30(236)


44(310) /(/) /(/) 46(345) /(/)


19(154) 58(388) /(/) /(/) /(/)

72(517) 77(521) Indian Institute of 62(404) 58(388) /(/) 46(345) /(/)

77

ManagementBangalore


/(/) 58(388) 41(293) /(/) /(/)


/(/) 58(388) 55(426) /(/) 41(304)


/(/) /(/) /(/) 36(245) 41(304)


/(/) 37(292) /(/) 46(345) /(/)


of Israel/(/) 58(388) 55(426) /(/) 41(304)


/(/) /(/) 33(231) /(/) /(/)

72(517) 67(442) University of Delhi 44(310) 58(388) /(/) /(/) /(/)72(517) 77(521) Yale-NUS College 62(404) 58(388) /(/) /(/) 41(304)85(620) 77(521) Beihang University /(/) 58(388) 55(426) /(/) /(/)85(620) 98(702) Capital Normal

University/(/) 58(388) /(/) /(/) 41(304)


/(/) /(/) 55(426) 46(345) /(/)


/(/) 37(292) /(/) /(/) /(/)


/(/) 58(388) /(/) 46(345) /(/)


/(/) 58(388) 55(426) /(/) /(/)

85(620) 77(521) Hosei University 62(404) 58(388) /(/) /(/) /(/)85(620) 77(521) Indian Institute of

Technology Kanpur62(404) 58(388) /(/) /(/) /(/)

85(620) 77(521) Indian Institute ofTechnology-Delhi

/(/) 37(292) /(/) /(/) /(/)


/(/) 58(388) 55(426) /(/) /(/)

85(620) 98(702) Kansai University /(/) /(/) 55(426) /(/) 41(304)85(620) 98(702) Middle East /(/) 58(388) /(/) /(/) 41(304)

78

Technical University85(620) 77(521) National Chung

Cheng University/(/) 58(388) 55(426) /(/) /(/)


/(/) /(/) 55(426) 46(345) /(/)


/(/) 58(388) 55(426) /(/) /(/)


62(404) 58(388) /(/) /(/) /(/)


/(/) 58(388) 55(426) /(/) /(/)


62(404) 58(388) /(/) /(/) /(/)


/(/) 37(292) /(/) /(/) /(/)


Table 5-3 on the university rankings across the four regions shows that the top

universities are mainly from the Mainland and Hong Kong, which have done better

than those from Macao and Taiwan. According to the total number of articles in the

5-year and 3-year periods, the top 10 are all in the Mainland and Hong Kong. The Top

5 in 2020 are Peking University (1), Hong Kong University of Science and

Technology (2), Chinese University of Hong Kong (3), Tsinghua University (3), and

Fudan University (5). The top 5 in the total for the 2016–2020 period are Peking

University (1), Shanghai University of Finance and Economics (2), Hong Kong

University of Science and Technology (3), The University of Hong Kong (4), and

Tsinghua University (5). The Top 5 in the total for the three years from 2018 to 2020

are Peking University (1), Hong Kong University of Science and Technology (2),

Shanghai University of Finance and Economics (3), The University of Hong Kong (4),

and Tsinghua University (5).

Table 5-3: University Rankings across the Four Regions by Number of Published Articles




Rankingin 2019

Ranking in2018

Ranking in2017

Ranking in2016

79

1(40) 1(34) Peking University 1(26) 1(37) 4(63) 3(63) 3(53)2(41) 3(52) Shanghai University of


6(73) 3(55) 1(33) 1(32) 1(31)

3(46) 2(43) Hong Kong Universityof Science andTechnology

2(43) 2(44) 2(42) 3(63) 2(43)

4(70) 4(56) The University ofHong Kong

6(73) 4(57) 2(42) 5(110) 4(65)

5(76) 5(72) Tsinghua University 3(45) 5(79) 6(102) 2(46) 15(236)7(100) 7(98) Chinese University of

Hong Kong3(45) 6(96) 22(293

)7(147) 5(74)

7(100) 6(78) Fudan University 5(53) 7(121) 5(74) 6(122) 12(188)8(139) 9(134) Renmin University of

China8(80) 12(194) 14(193

)9(170) 6(134)

9(150) 8(130) Zhejiang University 9(102) 14(236) 7(113) /(/) 6(134)10(159) 11(157) Xiamen University 17(257) 7(121) 11(156

)7(147) 9(155)


11(154) 9(140) 9(138) 17(245) 12(188)

12(175) 13(172) SouthwesternUniversity of Financeand Economics

10(137) 29(388) 9(138) 11(207) 6(134)

13(202) 15(204) University ofInternational Businessand Economics

17(257) 16(292) 8(125) 11(207) 12(188)


15(218) 12(194) 11(156)

11(207) /(/)


17(257) 9(140) 14(193)

21(345) 17(304)


17(257) 16(292) 26(426)

9(170) 9(155)


17(257) 16(292) 17(231)

21(345) 9(155)

18(257) 17(229) Jinan University 11(154) 16(292) 22(293)

11(207) /(/)

18(271) 18(278) Wuhan University 15(218) 16(292) 22(293)

11(207) 17(304)

20(292) 16(229) Nanjing University 11(154) 16(292) 22(293)

/(/) /(/)

20(292) 21(295) National Taiwan 17(257) 29(388) 17(231 11(207) /(/)

80

University )21(312) 21(278) Lingnan University 25(310) 29(388) 11(156

)21(345) /(/)


30(404) 14(236) 14(193)

/(/) /(/)

23(334) 26(343) Nankai University 30(404) 29(388) 17(231)

17(245) 17(304)


17(257) 29(388) 17(231)

21(345) /(/)


17(257) /(/) 26(426)

21(345) 15(236)

24(357) 24(295) Chinese University ofHong Kong, Shenzhen

25(310) 11(166) /(/) /(/) /(/)


25(310) 16(292) /(/) 17(245) 17(304)

27(379) 27(382) Sun Yat-sen University 25(310) 16(292) /(/) 17(245) /(/)28(406) 27(382) East China Normal

University25(310) 16(292) /(/) 21(345) /(/)

29(442) 32(442) Shangdong University 30(404) 16(292) /(/) 21(345) /(/)29(442) 32(442) New York University

Shanghai30(404) 29(388) 26(426

)21(345) /(/)


/(/) 16(292) 26(426)

21(345) /(/)

29(442) 32(442) University of Macau 30(404) 29(388) 26(426)

21(345) /(/)


11(154) 29(388) /(/) /(/) /(/)


/(/) 16(292) /(/) 21(345) /(/)


/(/) /(/) 17(231)

/(/) /(/)

36(620) 37(521) Beihang University /(/) 29(388) 26(426)

/(/) /(/)


/(/) 29(388) /(/) /(/) 17(304)


/(/) /(/) 26(426)

21(345) /(/)


/(/) 16(292) /(/) /(/) /(/)

36(620) 37(521) Jiangxi University ofFinance and

/(/) 29(388) 26(426)

/(/) /(/)

81

Economics36(620) 37(521) National Chung Cheng

University/(/) 29(388) 26(426

)/(/) /(/)

36(620) 43(702) National Chung HsingUniversity

/(/) /(/) 26(426)

21(345) /(/)


30(404) 29(388) /(/) /(/) /(/)

44(839) 43(702) Dongbei University ofFinance andEconomics

/(/) 29(388) /(/) /(/) /(/)


/(/) 29(388) /(/) /(/) /(/)

44(839) 43(702) Henan University /(/) 29(388) /(/) /(/) /(/)44(839) /(/) Hong Kong

Polytechnic University/(/) /(/) /(/) 21(345) /(/)


/(/) /(/) /(/) 21(345) /(/)

44(839) 43(702) Nanjing University ofFinance andEconomics

/(/) 29(388) /(/) /(/) /(/)

44(839) 43(702) National Cheng KungUniversity

/(/) /(/) 26(426)

/(/) /(/)


/(/) /(/) 26(426)

/(/) /(/)


/(/) 29(388) /(/) /(/) /(/)


/(/) 29(388) /(/) /(/) /(/)

44(839) 43(702) Zhejiang University ofFinance andEconomics

/(/) 29(388) /(/) /(/) /(/)

5.4 Ranking of Universities in Mainland China

Table 5-4 lists the rankings of the universities in Mainland China by number of

published articles. In 2020, the top 10 universities in Mainland China according to the

number of articles are Peking University (2), Tsinghua University (3), Fudan

University (4), Shanghai University of Finance and Economics (4), Renmin

82

University of China (5), Zhejiang University (6) Southwestern University of Finance

and Economics (7), Shanghai Jiaotong University (8), Jinan University (8), Nanjing

University (8), and ShanghaiTech University (8). The top 10 in the total for the 5-year

period are Peking University (1), Shanghai University of Finance and Economics (2),

Tsinghua University (3), Fudan University (4), Renmin University of China (5),

Zhejiang University (6), Xiamen University (7), Shanghai Jiaotong University (8),

Southwestern University of Finance and Economics (9), and University of

International Business and Economics (10). The top 10 in the total for the 3-year

period are Peking University (1), Shanghai University of Finance and Economics (2),

Tsinghua University (3), Fudan University (4), Zhejiang University (5), Renmin

University of China (6) , Shanghai Jiaotong University (7), Xiamen University (8),

Southwestern University of Finance and Economics (9), and Nanjing Audit

University (10).

Table 5-4: Rankings of Mainland Universities by Number of Published Articles




Ranking in2019

Ranking in2018

Ranking in2017

Ranking in2016



4(73) 2(55) 1(33) 1(32) 1(31)

3(76) 3(72) Tsinghua University 2(45) 3(79) 4(102) 2(46) 12(236)4(100) 4(78) Fudan University 3(53) 4(121) 3(74) 4(122) 9(188)5(139) 6(134) Renmin University

of China5(80) 8(194) 11(193) 6(170) 3(134)

6(150) 5(130) Zhejiang University 6(102) 10(236) 5(113) /(/) 3(134)7(159) 8(157) Xiamen University 14(257) 4(121) 9(156) 5(147) 6(155)8(163) 7(145) Shanghai Jiao Tong

University8(154) 6(140) 7(138) 13(245) 9(188)


7(137) 22(388) 7(138) 8(207) 3(134)

10(202) 11(204) University ofInternationalBusiness and

14(257) 11(292) 6(125) 8(207) 9(188)

83

Economics11(225) 10(190) Nanjing Audit

University12(218) 8(194) 9(156) 8(207) /(/)


14(257) 11(292) 18(426) 6(170) 6(155)


14(257) 11(292) 12(231) 16(345) 6(155)

13(257) 12(229) Jinan University 8(154) 11(292) 15(293) 8(207) /(/)13(271) 14(278) Wuhan University 12(218) 11(292) 15(293) 8(207) 14(304)16(292) 12(229) Nanjing University 8(154) 11(292) 15(293) /(/) /(/)17(334) 19(343) Nankai University 22(404) 22(388) 12(231) 13(245) 14(304)18(357) 20(382) Beijing Normal

University14(257) /(/) 18(426) 16(345) 12(236)


19(310) 7(166) /(/) 13(245) /(/)


19(310) 7(166) 18(426) 16(345) /(/)


19(310) 11(292) /(/) 13(245) /(/)

22(442) 23(442) NewYorkUniversity Shanghai

22 404) 22(388) 18(426) 16(345) /(/)

22(442) 23(442) Shandong University 22(404) 22(388) 18(426) 16(345) /(/)22(442) 23(442) University of



8(154) 22(388) /(/) /(/) /(/)


/(/) /(/) 12(231) /(/) /(/)

27(620) 27(521) Beihang University /(/) 22(388) 18(426) /(/) /(/)27(620) 31(702) Capital Normal

University/(/) 22(388) /(/) /(/) 14(304)


/(/) /(/) 18(426) 16(345) /(/)


/(/) 11(292) /(/) /(/) /(/)

27(620) 27(521) Jiangxi University ofFinance and

/(/) 22(388) 18(426) /(/) /(/)

84

Economics27(620) 27(521) Shaanxi Normal

University22(404) 22(388) /(/) /(/) /(/)


/(/) 22(388) /(/) /(/) /(/)


/(/) 22(388) /(/) /(/) /(/)

33(839) 31(702) Henan University /(/) 22(388) /(/) /(/) /(/)33(839) /(/) Hubei University of

Economics/(/) /(/) /(/) 16(345) /(/)


/(/) 22(388) /(/) /(/) /(/)


/(/) /(/) 18(426) /(/) /(/)

33(839) 31(702) University ofScience andTechnology of China

/(/) 22(388) /(/) /(/) /(/)


/(/) 22(388) /(/) /(/) /(/)


/(/) 22(388) /(/) /(/) /(/)

85

6. Ranking by Published Articles in 5 Top Comprehensive Journals


Table 6-1 shows the 5-year overall rankings in 2016–2020 of the top 100 world

universities by published articles in the five top comprehensive journals. The overall

ranking of American universities is high in this respect, which occupy the top nine

places.

There are three universities in the world’s top 100 from cross-Strait, Hong Kong,

and Macau regions. Calculated by author weight, these are The University of Hong

Kong (93), Tsinghua University (93), and Hong Kong University of Science and

Technology (96). According to the number of articles, there are 6 universities from

cross-Strait, Hong Kong and Macau, namely, The University of Hong Kong (80),

Shanghai University of Finance and Economics (91), Tsinghua University (91),

Peking University (91), Hong Kong University of Science and Technology (91), and

The Chinese University of Hong Kong (91).

Table 6-1: 2016-2020 Worldwide University Rankings by Published Articles in Top 5

University

5-yearOverall

Ranking byAuthorWeight

5-year TotalScore byAuthorWeight

5-yearOverall

Ranking ofNo-weighting

5-year TotalScore of

No-weighting

Stanford University 1 82.06428571 3 166Harvard University 2 74.14285714 1 170University of Chicago 3 72.54027778 2 167MIT 4 68.76904762 4 151NorthwesternUniversity

5 53.01944444 6 106

UC Berkeley 6 50.23293651 5 107Yale University 7 48.675 7 103Columbia University 8 48.54285714 9 101Princeton University 9 46.90277778 7 103LSE 10 43.98055556 10 98

86

University ofPennsylvania

11 41.5234127 11 94

NewYork University 12 36.45 12 86UCLA 13 28.53333333 13 57Duke University 14 27.77777778 14 52UCSD 15 21.19583333 15 47University ofMichigan

16 20 23 34

Boston University 17 16.72777778 17 43Bocconi University 18 15.19444444 20 36University of Toronto 19 15.11666667 20 36University ofWisconsin-Madison

20 15.08333333 24 33

Brown University 21 14.95833333 26 29UCL 22 14.59603175 15 47University of Oxford 23 13.44166667 25 32University ofWarwick

24 12.57916667 18 38

University of Bonn 25 11.23333333 32 23CMU 26 10.575 37 20Johns HopkinsUniversity

27 10.33333333 29 25

University of Zurich 28 10.10714286 27 26Stockholm University 29 10.05277778 30 24Cornell University 30 9.866666667 39 19London BusinessSchool

31 9.791666667 34 21

University ofMaryland

32 9.333333333 42 18

University ofSouthern California

33 9.327380952 27 26

University ofTexas-Austin

34 9.229166667 44 17

University ofMinnesota

35 9.163888889 32 23

Dartmouth College 36 9.136111111 34 21Universitat PompeuFabra

37 9.016666667 22 35

UCSB 38 8.7 46 15Boston College 39 8.7 39 19Toulouse School ofEconomics

40 8.633333333 30 24

Barcelona GSE 41 8.183333333 19 37

87

University of BritishColumbia

42 7.486111111 34 21

Sciences Po 43 6.736111111 42 18University ofToulouse Capitole

44 6.708333333 39 19

Paris School ofEconomics

45 6.372222222 37 20

WashingtonUniversity in St.Louis

46 6.366666667 46 15

GeorgetownUniversity

47 6.325 45 16

University of Essex 48 6.277777778 50 13Norwegian School ofEconomics

49 6.104166667 65 11

University of Oslo 50 5.916666667 56 12WashingtonUniversity

51 5.916666667 65 11

Uppsala University 52 5.716666667 70 10Pennsylvania StateUniversity

53 5.708333333 46 15

University ofCambridge

54 5.541666667 56 12

University ofEdinburgh

55 5.5 56 12

University of Virginia 56 5.055555556 56 12Stockholm School ofEconomics

57 5.033333333 56 12

Tel Aviv University 58 5.004761905 49 14Queen MaryUniversity of London

59 4.944444444 50 13

University CollegeLondon

60 4.833333333 75 9

Arizona StateUniversity

61 4.666666667 50 13

California Institute ofTechnology

62 4.527777778 70 10

University ofMannheim

63 4.5 56 12

KU Leuven 64 4.383333333 50 13Rice University 65 4.366666667 56 12University ofPittsburgh

66 4.333333333 50 13

88

University ofRochester

66 4.333333333 65 11

University ofCopenhagen

68 4.321428571 75 9

University ofMelbourne

69 4.083333333 80 8

Emory University 70 4.027777778 65 11Simon FraserUniversity

71 4 91 6

Central EuropeanUniversity

72 4 75 9

Universidad CarlosIII de Madrid

72 4 70 10

Ludwig-Maximilians-Universität Munich

74 3.894444444 56 12

University of NorthCarolina, Chapel Hill

75 3.825 65 11

National Universityof Singapore

76 3.791666667 56 12

European UniversityInstitute

77 3.683333333 70 10

The HebrewUniversity ofJerusalem

78 3.5 75 9

University of Bologna 79 3.458333333 114 4The University ofArizona

80 3.394444444 80 8

University of NewSouthWales

81 3.366666667 87 7

Aarhus University 82 3.261111111 70 10University of Geneva 83 3.25 80 8The Ohio StateUniversity

84 3.241666667 75 9

University of Malaga 85 3.166666667 87 7University of Bristol 86 3.111111111 80 8Imperial CollegeLondon

87 2.925 50 13

Humboldt UniversityBerlin

88 2.833333333 114 4

Purdue University 89 2.75 80 8University ofAmsterdam

90 2.729166667 91 6

Maastricht 91 2.666666667 103 5

89

UniversityHEC Paris 92 2.625 114 4Tsinghua University 93 2.583333333 91 6The University ofHong Kong

93 2.583333333 80 8

University of Tokyo 95 2.5 114 4Hong KongUniversity of Scienceand Technology

96 2.5 91 6

The University ofWestern Ontario

96 2.5 114 4

University CollegeDublin

98 2.458333333 114 4

University ofCalifornia, Davis

98 2.458333333 80 8

University of York 100 2.416666667 87 7


Table 6-2 shows the 5-year overall rankings of Asian universities in 2016–2020

by published articles in the five top comprehensive journals by using author-weighted

and no-weighting methods. Tel Aviv University and the National University of

Singapore ranked first and second, respectively. According to the author’s weight

calculation, there are five universities in the Cross-Strait and Hong Kong and Macao

regions that have entered the top 10, followed by Tsinghua University (4), The

University of Hong Kong (4), Hong Kong University of Science and Technology (7),

Peking University (8), and The Chinese University of Hong Kong (10). According to

the number of articles, there are seven universities in the Cross-Strait and Hong Kong

and Macao regions entering the top 10, followed by The University of Hong Kong (4),

Shanghai University of Finance and Economics (5), Tsinghua University (5), Hong

Kong University of Science and Technology (5), Peking University (5), The Chinese

University of Hong Kong (5), and Renmin University of China (10).

Table 6-2: 2016-2020 Asian University Rankings by Published Articles in Top 5

University5-yearOverall

5-year TotalScores by

5-yearOverall

5-year TotalScores of

90


AuthorWeight


No-weighting

Tel Aviv University 1 5.004761905 1 14National Universityof Singapore

2 3.791666667 2 12

The HebrewUniversity ofJerusalem

3 3.5 3 9

Tsinghua University 4 2.583333333 5 6The University ofHong Kong

4 2.583333333 4 8

University of Tokyo 6 2.5 10 4Hong KongUniversity of Scienceand Technology

7 2.5 5 6

Peking University 8 2.333333333 5 6Bar Ilan University 9 2.25 10 4Israel Institute ofTechnology

10 2 14 3

Chinese Universityof Hong Kong

10 2 5 6

Shanghai Universityof Finance andEconomics

12 1.783333333 5 6

SingaporeManagementUniversity

13 1.416666667 14 3

Seoul NationalUniversity

13 1.416666667 10 4

Osaka University 15 1.333333333 18 2Indian School ofBusiness

16 1 18 2

Renmin Universityof China

16 1 10 4

Sabancı University 16 1 18 2Hong Kong BaptistUniversity

19 0.833333333 18 2

Bilkent University 20 0.777777778 18 2Hanyang University 21 0.75 18 2Fudan University 22 0.666666667 14 3IDC Herzliya 22 0.666666667 32 1ShanghaiTech 24 0.625 14 3

91

UniversityUniversity ofInternationalBusiness andEconomics

25 0.583333333 18 2

Xiamen University 25 0.583333333 18 2KAIST 27 0.5 32 1Kobe University 27 0.5 32 1Koc University 27 0.5 32 1Kyoto University 27 0.5 32 1Kyungpook NationalUniversity

27 0.5 32 1

Nanjing AuditUniversity

27 0.5 32 1

NewYork UniversityAbu Dhabi

27 0.5 32 1

SungkyunkwanUniversity

27 0.5 32 1

Yonsei University 27 0.5 18 2Waseda University 36 0.416666667 18 2Central Universityof Finance andEconomics

37 0.333333333 18 2


37 0.333333333 18 2

Zhejiang University 37 0.333333333 18 2Chonbuk NationalUniversity

40 0.333333333 32 1

HitotsubashiUniversity

40 0.333333333 32 1

Nanjing University 40 0.333333333 32 1University of Delhi 40 0.333333333 32 1Shanghai Jiao TongUniversity

44 0.291666667 18 2

University ofPeradeniya

45 0.25 32 1


Table 6-3 shows the rankings of universities across the four regions by author

92

weight and number of total publications in the top five comprehensive journals.

Regardless of whether it is calculated according to author weight or number of articles,

the top 10 universities are in Mainland China and Hong Kong. According to author

weight, the Top 5 are Tsinghua University, The University of Hong Kong, Hong

Kong University of Science and Technology, Peking University, and The Chinese

University of Hong Kong. The Top 5 in number of articles are The University of

Hong Kong, Shanghai University of Finance and Economics, Tsinghua University,

Hong Kong University of Science and Technology, Peking University, and The

Chinese University of Hong Kong.

Table 6-3: 2016-2020 University Rankings across the Four Regions by PublishedArticles in Top 5

University

5-yearOverall



5-yearOverall



No-weighting

Tsinghua University 1 2.583333333 2 6The University ofHong Kong

1 2.583333333 1 8

Hong KongUniversity of Scienceand Technology

3 2.5 2 6

Peking University 4 2.333333333 2 6Chinese Universityof Hong Kong

5 2 2 6

Shanghai Universityof Finance andEconomics

6 1.783333333 2 6


7 1 7 4

Hong Kong BaptistUniversity

8 0.833333333 10 2

Fudan University 9 0.666666667 8 3ShanghaiTechUniversity

10 0.625 8 3

University ofInternationalBusiness and

11 0.583333333 10 2

93

EconomicsXiamen University 11 0.583333333 10 2Nanjing AuditUniversity

13 0.5 17 1

Central University ofFinance andEconomics

14 0.333333333 10 2


14 0.333333333 10 2

Zhejiang University 14 0.333333333 10 2Nanjing University 14 0.333333333 17 1Shanghai Jiao TongUniversity

18 0.291666667 10 2

City University ofHong Kong

19 0.2 17 1

Chinese Universityof Hong Kong,Shenzhen

20 0.166666667 17 1

Jiangxi University ofFinance andEconomics

21 0.125 17 1

Jinan University 21 0.125 17 1


Table 6-4 shows the 5-year (2016-2020) overall ranking of universities in

Mainland China by published articles in the top five comprehensive journals. In the

ranking of universities in Mainland China, taking into account parallel ranking, the

Top 5 are Tsinghua University, Peking University, Shanghai University of Finance

and Economics, Renmin University of China, and Fudan University.

Table 6-4: 2016-2020 Mainland University Rankings by Published Articles in Top 5

University

5-yearOverall

Ranking byAuthor


5-yearOverall



No-weighting

94

WeightTsinghua University 1 2.583333333 1 6Peking University 2 2.333333333 1 6Shanghai Universityof Finance andEconomics

3 1.783333333 1 6


4 1 4 4

Fudan University 5 0.666666667 5 3ShanghaiTechUniversity

6 0.625 5 3

University ofInternationalBusiness andEconomics

7 0.583333333 7 2

Xiamen University 7 0.583333333 7 2Nanjing AuditUniversity

9 0.5 13 1

Central Universityof Finance andEconomics

10 0.333333333 7 2


10 0.333333333 7 2

Zhejiang University 10 0.333333333 7 2Nanjing University 10 0.333333333 13 1Shanghai Jiao TongUniversity

14 0.291666667 7 2

Chinese Universityof Hong Kong,Shenzhen

15 0.166666667 13 1

Jiangxi Universityof Finance andEconomics

16 0.125 13 1

Jinan University 16 0.125 13 1

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Appendix

About the Institute forAdvanced Research

The Institute for Advanced Research (IAR) of SUFE, founded in July 2006, is an

academic research institute as well as a new type of professional think tank dedicated

to conducting economic research. As one of the first batch of national "985

Engineering" advantageous discipline innovation platform project- “Innovative

Platform on Economics” construction project and theoretical economics, Shanghai

peak II discipline, the Institute of higher learning is committed to the accurate data as

the basis, advanced theory as the guidance, scientific research methods as the means,

theory combined with practice, and determined the research on the long-term strategic

problems, current difficulties and hot economic problems in China's reform and

development is carried out by both qualitative and quantitative analysis. The IAR tries

to build a large comprehensive research institution integrating scientific policy

consultation, major project research, academic frontier exploration and senior talent

training.

The IAR continues to focus on major long-term strategic issues and current hot

and difficult issues in China's reform and development. It emphasizes the combination

of three dimensions needed to analyze and solve the problems: theoretical logic,

practical knowledge, and historical vision, so as to reflect the "six characteristics":

scientific, rigorous, targeted, realistic, forward-looking and ideological, and pays

attention to the dialectical unity of reform, development, stability, innovation and

governance with the overall concept, systematic thinking and comprehensive

governance methods. The series of research results have been widely concerned and

affirmed by the party and state leaders, all walks of life, and the media.

The mission of the IAR is to bring together forces both at home and abroad on the

strength of its research projects to tackle key problems and conduct research on the

long-term strategic and temporary economic issues emerging in China’s reform and

development. The projects are based on accurate data, under the guidance of advanced

theory, and by means of scientific research methodology that combines theory with

practice and values both quantitative and qualitative analysis. It strives to be a

comprehensive research institute with functions of scientific policy consulting, major

98

project research, exploration of academic frontiers, and training of top talents. Since

its foundation, it has produced a series of policy reports that have had a great social

impact. Many of them have received attention from relevant departments and

leadership teams, and some suggestions have been adopted as policies by the

government.

The IAR is home to the Key Laboratory of Mathematical Economics (SUFE),

the Ministry of Education of China, and has a dozen research centers, including the

Survey Research Center, China Center for Macroeconomic Research, Centre for

China Agricultural Development, Center for Environment and Natural Resources

Studies, Center for Educational Reform and Development in China, Center for

Migration and Labor Market Research, Center for Mechanism Design and Economics

of Information, Bio-Economics and Decision Making Center, Center for Health

Economics, Global Competitiveness Assessment Center for Economics Research, and

Postdoctoral Center. In addition, the IAR and the Higher Education Press

co-sponsored a quarterly English journal, Frontiers of Economics in China.

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