Li Yining, male, Han nationality, is a native of Yizheng, Jiangsu Province. He was born in 1930 and studied in the Economics Department of Peking University from 1951 to 1955.
Li is a highly regarded economist who has been involved in economic reforms in China. He is credited as developing an imbalanced economy theory that used research on economic practices between China and other countries. Li later proposed an idea to reform the Chinese economy with a joint-stock system – this plan was later widely accepted in the country. As a result of his accomplishments, Li has received several honors for his work. He is the winner of the Sun Yefang Economics Award and the Golden Triangle Award. In addition, he was given the International Cooperation Award of Environment and Development, one of the highest honors in the Chinese economic world. In 1998, he was awarded an honorary social science doctorate degree by Hong Kong University of Technology.
A professor at Peking University since 1955, he has also served as the president of the university's Guanghua Management College and directed the Management Science Center. Li was a standing member of the NPC and was deputy director of the NPC's Financial and Economic Committee. Along with academic commitments, he has served as the vice-chairman of the Central Committee of the China Democratic League and the Association for International Understanding of China. He was chairman of the Historical Society of Relationship Between China and Japan.
He is currently a Vice-Chairman of the Subcommittee of Economy of the CPPCC National Committee and President of Guanghua Management College at Beijing University.