It is with great sadness that I write to you today to express my deepest condolences on the passing of Professor Li Yining, Founding Dean of the Peking University Guanghua School of Management. It is a real loss to the academic world both in China and worldwide. Professor Li is and will be respected for his unwavering dedication to his field, and his remarkable contributions to the world of economics.

Professor Li was a true pioneer in his field, and his insights and expertise have been invaluable to the development of China's economy. He was a prolific author, a sought-after speaker, and an influential advisor to many of China's leaders. His work on the reform of state-owned enterprises, the development of China's capital markets, and the promotion of entrepreneurship has had a profound impact on the country's economic growth and prosperity.

As we mourn the loss of this great man, let us also celebrate his life and his many achievements. Professor Li's legacy will continue to inspire and guide us, and his contributions to the field of economics will be felt for generations to come.

Please join me in extending our deepest sympathies to Professor Li's family, friends, and colleagues at this difficult time.

Yours sincerely,

Professor Eloïc Peyrache

Dean and Director General