Recently, the International Research Institute for Economics and Management (IRIEM) presented the IRIEM Fellow Medal to Professor David Shao from the University of Newcastle, Australia. It is understood that this medal represents the highest honor of fellowship bestowed by IRIEM, recognizing a scholar's ultimate standing and outstanding contributions in the fields of economics, management, and social sciences.

Professor Shao expressed his sincere gratitude upon receiving this prestigious honor. Reflecting on his long-standing commitment to serving IETI and IRIEM, he noted that it has been an invaluable experience to actively learn from the Nobel laureates, distinguished academy fellows, and renowned professors within the community. He emphasized that this medal is a profound recognition of his research work and academic service, which will inspire him to dedicate even greater efforts to the advancement of the field in the future.