This document summarizes the Environmental Economics Program in China (EEPC) at Peking University for 2008. It introduces the team members, including two professors, three research fellows, two associates, and five PhD students. It provides details on the expertise and research areas of five team members and outlines their main research accomplishments and plans for 2009. Their research focuses on areas like environmental policy evaluation, payments for ecosystem services, climate change policy, and collective forest tenure reform in China.