Department of Geography and Resource Management (GRM), The Chinese University of Hong Kong

Prof. LI Jing, Victor

Faculty Member

Prof. LI Jing, Victor

Assistant Professor

Bsc in Financial Mathematics (PKU)
MA in National Economics (RUC)
PhD in Housing Economics (PolyU)

(852) 3943-6537


• Evaluating the Impact of New Town Development: A Piketty’s Framework. Public Policy Research Funding Scheme
• Land value effects of high-speed rail for railway financing: Case study of the Guangzhou-Shenzhen-Hong Kong express rail link. Endowment Fund Research Grant
• The Impact of Belt and Road Initiative on Global Carbon Neutrality. Direct Grant for Research
• Homeownership Financialization in the Greater Bay Area Cities. University Alliance Symposiums on Greater Bay Area Fund
• Energy Use Behaviors and Patterns in Commercial Buildings: Comparing Hong Kong with Shanghai. Lee Hysan Research Grant
• Determinants of Rural-Urban Consumption Disparity: Evidence from China. Direct Grant for Research

• Assessment and Implementation of Non- pharmaceutical Interventions to Avoid COVID-19 Resurgences: Accounting for Human Mobility, Contacts and Behavioral Change Using Both Big and Small data. Collaborative Research Fund

• Sustainable Communities Lab for People’s Multifaceted Well-being. Knowledge Transfer Fund
• Environmental Health and Environmental Justice. Research Committee Funding
• Housing Pathway of Migrant Workers from the Perspective of Staged Migration: Dynamics and Empirics. National Science Foundation of China
• A multi-dimensional “point-line-plane” approach for industrial heritage conservation in Hong Kong: A case study of Ma On Shan (MOS) Iron Mine. Development Bureau of Hong Kong
• The Evolutionary Trend of International Income Inequality: An Analysis of Decomposition and Transitional Dynamics. Faculty Development Scheme


* for corresponding author # for MPhils, PhDs, RAs and Postdocs

  • Gong W.H.#, & Li, J.* (2022). The territorial impact of high-speed rail on urban land system. Cities, accepted for publication
  • Ma, N., Cheong, T.S., & Li, J.* (2022). Evaluating Global Inequality Using Decomposition Approach. Frontiers in Psychology, 6170
  • Liang C., Huang Y.X.#, Yip T.L. & Li, J. (2022). Does rail transit development gentrify neighborhoods? Evidence from Hong Kong. Transportation Research Part A: Policy and Practice, 155(11), 354-372
  • Ma, N., Li, J., Cheong, T.S. & Zhuang, D.L. (2021). The Evolutionary Trend of Global Inequality: Analyzing the Impacts of Economic Structure. Frontiers in Psychology, 5856
  • Gong, W.H.#, Li, J.*, & Ng, M.K. (2021). Deciphering property development around HSR stations through land value capture: case studies in Shenzhen and Hong Kong. Sustainability, 13 (22), 12605.
  • Li, J., Cheong T.S., & Shi X.P. (2021). A counterfactual benchmark for assessing future environmental impact: A case study of Belt and Road Initiative countries. Frontiers in Environmental Science, 484
  • Li, J., Fang, W.X.#, Shi, Y. Ren, C. (2021). Assessing Economic, Social and Environmental Impacts on Housing Prices in Hong Kong: A Time Series Study of 2006, 2011 and 2016. Journal of Housing and the Built Environment, DOI: 10.1007/s10901-021-09898-x
  • Zhang, Z., Li, J., Fung, T., Yu, H.Y., Mei, C.L., Leung, Y. & Zhou, Y. (2021). Multiscale geographically and temporally weighted regression with a unilateral temporal weighting scheme and its application in the analysis of spatiotemporal characteristics of house prices in Beijing. International Journal of Geographical Information Science, 1-25.
  • Tan, X.Y.#, Huang, B., Batty, M. & Li, J. (2021). Urban Spatial Organization, Multifractals, and Evolutionary Patterns in Large Cities. Annals of the American Association of Geographers, 111 (5), 1539-1558.
  • Shi, X.P., Cheong, T.S., & Li, J. (2021). Evolution of Future World Coal Consumption: Insights from a Distribution Dynamics Approach. International Journal of Oil, Gas and Coal Technology, 27(2), 186-207.
  • Cheong, T.S., Li, J.* & Cheng, W.W. (2021). Distribution Dynamics of China’s Regional Housing Price Disparity. International Journal of Urban Sciences, 25(1), 51-70.
  • Wang, D.K.#, Li, J.*, & Yu, H.Y. (2020). Mass Appraisal Modeling of Real Estate in Urban Center by Geographically and Temporally Weighted Regression: A Case Study of Beijing’s Core Area. Land, 9(5), 143-160.
  • Li, Y., Chevallier, J., Wei, Y.G.#, & Li, J. (2020). Identifying price bubbles in the US, European and Asian natural gas market: Evidence from a GSADF test approach. Energy Economics, 104740.
  • Wei, Y.G.#, Li, Y., Li, J., Wang, Y., & Qiang, Z.Y. (2020). Regional and Longitudinal Disparity of Housing Bubbles in the U.S. markets: Evidence from GSADF Tests. Journal of Urban Planning and Development, 146(1), 04019027.
  • Li, J., Wei, Y.G.# & Chiang, Y.H. (2020). Bubbles or Cycles? Housing Price Dynamics in China’s Major Cities. International Journal of Strategic Property Management, 24(2), 90-101.
  • Li, J.*, Cheng, W.W., & Chui, K.H. (2019). Why “Spicy Measures” Fail to Cool down Hong Kong’s Housing Market? International Journal of Sustainable Real Estate and Construction Economics, 1(4), 298-313.
  • Wang, D.K.# & Li, J.* (2019). Mass Appraisal Models of Real Estate in the 21st Century: A Systematic Literature Review. Sustainability, 11(24), 7006.
  • Li, J., Cheong, T.S., Shen, J.F. & Fu, D.H. (2019). Urbanization and Rural-Urban Consumption Disparity: Evidence from China. The Singapore Economic Review, 64(4), 983-996.
  • Cheong, T.S., Cheng, A. & Li, J. (2019). Evolutionary trend of foreign investment in China: A combined decomposition and transitional dynamics approach. The Singapore Economic Review, 64(4), 1037-1055.
  • Cheong, T. S., Li, J.*, & Shi, X. (2019). Regional disparity and convergence of electricity consumption in China: A distribution dynamics approach. China Economic Review, 58, 101154.
  • Li, J., & Tao, L. (2019). Urban villages in China: historical and institutional perspectives. In Handbook on Urban Development in China (pp. 234-247). Edward Elgar.
  • Yoshino, N. & Li, J.* (2018). Housing Bubbles and Banking Behaviors in China: A Macro Perspective. Journal of Comparative Asian Development, 17(1), 73-94.
  • Li, J.* (2018). Married to Property? Housing Price and Family Formation Revisited. International Journal of Home Economics, 11(1), 44-53.
  • Cheong, T. S. & Li, J.* (2018). Transitional Distribution Dynamics of Housing Affordability in Australia, Canada and USA. International Journal of Housing Markets and Analysis, 11, 204-222.
  • Li, J., Cheng, A., & Cheong, T.S. (2017). Home Purchase Restriction and Housing Price: A Distribution Dynamics Analysis. Regional Science and Urban Economics, 67, 1-10.
  • Yep, R. & Li, J. (2017). ‘Immigrants Do Not Vote for Democrats!’: Are they pushed or do they jump? In Migration in Post-Colonial Hong Kong (pp. 140-160). Routledge.
  • Choy, C., & Li, J.* (2017). The Role of Higher Education in China’s Inclusive Urbanization. Cities, 60, 504-510.
  • Wei, Y.G., Huang, C., Li, J., & Xie, L. (2016). An Evaluation Model for Urban Carrying Capacity: A Case Study of China’s Mega-Cities. Habitat International, 53, 87-96.
  • Li, J.*, & Xu, Y. (2016). Evaluating Restrictive Measures Containing Housing Prices in China: A Data Envelopment Analysis Approach. Urban Studies, 53(12), 2654-2669.
  • Li, J.* (2016). Housing Policies in Hong Kong, China and the People’s Republic of China. ADBI Working Paper 566.
  • Xu, Y., Li, J., & Jiao, S. (2016). The impacts of Chinese urbanization on farmers’ social networks, evidence from the urbanization led by farmland requisition in Shanghai. Journal of Urban Planning and Development, 142(2), 05015008.
  • Chiang, Y.H., Li, J.*, Zhou, L., Wong, F.K.W., & Lam, P.T.I. (2016). Evaluating Sustainable Building Maintenance Projects in Hong Kong: Balancing Economic, Social and Environmental Impacts. Journal of Construction and Engineering Management, 142(2), 06015003.
  • Chiang, Y.H., Li, J.*, Zhou, L., Wong, F.K.W. & Lam, P.T.I. (2015). The nexus among employment opportunities, life-cycle costs, and carbon emissions: A case study of sustainable building maintenance in Hong Kong. Journal of Cleaner Production, 109, 326-335.
  • Zhang, R., Li, J., Du, Q.Y., & Ren, F. (2015). Basic Farmland Zoning and Protection under Spatial Constraints by Particle Swarm Optimization Multi-Objective Decision Model: A Case Study of Yicheng, China. Environment and Planning B, 42(6), 1098-1123.
  • Li, J.* (2014). Land sale venue and economic growth path: Evidence from China’s urban land market. Habitat International, 41, 307-313.
  • Li, J.*, Xu, Y., & Chiang, Y. H. (2014). Property prices and housing affordability in China: A regional comparison. Journal of Comparative Asian Development, 13(3), 405-435.
  • Li, J.*, Chiang, Y.H., Zhou, L., & Choi, T.N.Y. (2014). Measuring Carbon Emission from Energy Consumption in a Hong Kong Family. Facilities, 32(7/8), 324-341.
  • Chiang, Y.H., Zhou, L., Li, J., Lam, P.T.I., & Wong, F.K.W. (2014). Achieving Sustainable Building Maintenance through Optimizing Life-cycle Carbon, Cost and Labor: A Case in Hong Kong. Journal of Construction and Engineering Management, 140(3), 05014001.
  • Li, J.* (2013). What causes China’s property boom? Property Management, 31(1), 4-21.
  • Li, J.*, Chiang, Y. H., Choi, T. N., & Man, K. F. (2013). Determinants of efficiency of contractors in Hong Kong and China: Panel data model analysis. Journal of Construction Engineering and Management, 139(9), 1211-1223.
  • Chiang, Y.H., Li, J.*, Choi, T., & Man, K.F. (2013). Evaluating Construction Contractors’ Efficiency in Hong Kong Using Data Envelopment Analysis Assurance Region Model. Journal of Facilities Management, 11(1), 52-68.
  • Zhou, L., Li, J., & Chiang, Y.H. (2013). Promoting Energy Efficient Building in China through Clean Development Mechanism. Energy Policy, 57(6), 338-346.
  • Li, J.*, & Chiang, Y. H. (2012). What pushes up China’s real estate price? International Journal of Housing Markets and Analysis, 5(2), 161-176.
  • Li, J.* (2012). What Causes Insufficient Affordable Housing Provision in China? Hong Kong Institute of Planners Journal, 27 (1), 46-57.
  • Chiang, Y.H., Li, J.*, Choi, T., & Man, K.F. (2012). Comparing China Mainland and China Hong Kong Contractors’ Productive Efficiency: A DEA Malmquist Productivity Index Approach. Journal of Facilities Management, 10(3), 179-197.
  • Chiang, Y.H., Choy, L.T.C., & Li, J.* (2012). Public Expenditure and Property Cycle: The Case in Shanghai. Journal of Construction in Developing Countries, 17(1), 87-101.
  • Li, J.*, Chiang, Y. H., & Choy, L. (2011). Central–local conflict and property cycle: A Chinese style. Habitat International, 35(1), 126-132.   

Teaching Fields

  • Housing Policy
  • Land Development
  • Urban Studies
  • Belt and Road

Research interests

  • Housing Economics
  • Real Estate Economics
  • Urban Sustainability

Services/ Posts


Department of Geography and Resource Management

  • Chair, Green Committee

Urban Studies Programme

  • Chair, Curriculum and Teaching Committee

Institute of Future Cities

  • Deputy Director, Center of Land Resource & Housing Policy 

Hong Kong Institute of Asia-Pacific Studies

  • ExCo Member, Centre for Urban Innovation


Council Member, Chinese Research Institute of Construction Management

Co-Chair, The 26th International Symposium on Advancement of Construction Management and Real Estate


The urbanization-housing-land nexus based on economic theories and econometric methods

The digital/smart city theme based on big data analysis

The Belt and Road Initiative for sustainable and inclusive development