In 1928, Fang Xianting, a fellow student of He Lian's, returned to China to support Nankai University after receiving his doctorate of economics from Yale.

[1] NKIE was then responsible for the training of people who could manage local governments, their financial problems and other cooperation organizations.

In 1936, before the war started, Zhang Boling took precautionary measures in case that Nankai University was assaulted by the Japanese army.

By 1939, the institute had been reestablished at the library of Chongqing Nankai Secondary School, and it had also set up an agency in Kunming (where the Associated University was located).

In December, NKIE returned to Tianjin, but many funds that it previously received from abroad such as Rockefeller Foundation and Institute of the Pacific Relations had stopped because of its status as a public university.

[4] In September 1947, after leaving the Kuomintang government, He Lian and Fang Xianting established an independent "Chinese Economic Research Institute" in Shanghai on the support of Zhou Zuomin and Dai Zimu, the chairman and the associate manager of Kincheng Banking Corporation, in order to retain the personnel of NKIE.

[2] After 1949, since Marxian economics gained traction in mainland China, He Lian, Fang Xianting and other founders moved abroad one after another.

Because it used to receive funds from foreign organizations like Rockefeller Foundation, Nankai Institute of Economics became a target of political oppression.

[4] In 1958, Hebei's Institute of Economics of Chinese Academy of Sciences was established on the basis of the old NKIE, but it was still located inside the campus of Nankai University.

Besides this, Zhou Enlai also asked people to send his regards to He Lian and invite him to return when he met with guests from abroad.

This book broke the frame of a typical Soviet Union's textbook, absorbed the newest research results and went through several revisions.

[9] In 1984, NKIE started to work on the major state research project "the formation of planned price"[10] and was authorized to grant doctorates to students.

[12] From 1994 to 1998, Chen Zongsheng took the position of the director of NKIE and focused the research on the problems of individual incomes and the transformation of economic system in developing countries.

[2] When Nankai Committee of Sociology and Economics was first established in September 1927, they decided to start their research with the compilation of a wholesale price index in Beijing, Tianjin and Hebei.