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Li faced with task of guiding economy

China's next Premier Li Keqiang, a protege of outgoing President Hu Jintao, is known as a cautious and pragmatic leader who is facing the arduous task of shepherding the world's second largest economy amid lingering global economic slowdown.

57-year-old Li, who has been elevated to the Number 2 position in the ruling CPC's hierarchy, has been China's 'Premier-in-Waiting' as a Vice Premier, overseeing key portfolios, such as macro economic planning, health care, energy and housing.

Li, who will succeed Prime Minister Wen Jiabao in March next year, is known for not making no big pronouncements, no off-the-cuff remarks, no mistakes.

He is known for caring about China's less well-off, perhaps as a result of a modest upbringing.

Li is considered a carbon copy of Hu, his mentor and benefactor, because of similarities in background, priorities and style.    
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