With a Ph.D. in economics, Li, who, as Executive Vice Premier, headed the all-important “Central Committee Finance and Economy Leading Small Group,” is especially well equipped to deal with the long-awaited structural transformation of China’s economy. Indeed, having overseen China 2030 – an extraordinary joint report recently produced by the World Bank and China’s own high-level think tank, the Development Research Center – he has a deep understanding of the roadmap that China must embrace.