Cai Laixing, a native of Ruian, Zhejiang Province, was born in June 1942. He is a CPC member. His previous roles include Vice Secretary General of the Shanghai municipal government and Chairman of the Shanghai Industrial Investment (holdings) Co. Ltd. He was a member of the 9th to 11th CPPCC National Committee. He specializes in research and practice on macro economy, finance and business management strategic theory. He won the Yuan Baohua Gold Prize for Business Management in 2007. He was engaged as a research fellow of the Counsellors’ Office of the State Council in August 2009.