The legacy of Li Keqiang’s prime ministership is a ruined Chinese economy with stagnant real estate, the coffers of many local governments have gone bankrupt, and unemployment is at an all-time high.
A standing member of the 20th Politburo, Li Qiang, is expected to replace Li Keqiang as prime minister for the next five years. However, Li Qiang is said to be unqualified as prime minister. Therefore, he would be unable to improve the legacy his predecessor left behind.
Joerg Wuttke, president of the European Union Chamber of Commerce in China, told VOA that the new leadership of the CCP lacks experience in managing the economy, especially Li Qiang.
Wuttke said Li lacked experience because he had never worked at the central level before being appointed prime minister.
Li Keqiang has a doctorate in economics. Li Qiang also held a degree in Business Administration and was a Ph.D. student in world economics.
However, before taking office as Prime Minister, Li Keqiang had accumulated experience running the government during his time as First Deputy Prime Minister. Meanwhile, Li Qiang has never taken on any positions at the central level.
Li Qiang, in the past, served as Governor of Zhejiang Province from 2012 to 2016; and twice as Provincial Party Secretary. The first time as the Party Secretary of Jiangsu Province (2016-2017), and the second time as the Secretary of the Shanghai Municipal Party Committee (2017-2022).
Thus, Li Qiang has only about four years, less than one term, of experience running Zhejiang province as governor.