Lingfang Li currently serves as the Associate Department Chair and Professor in the Department of Applied Economics at the School of Management, Fudan University. She is also a doctoral supervisor. Additionally, she is the head of the Digital Economy and Industrial Development Research Group at Fudan Development Institute, and the head of the Behavioral Economics and Finance Research Office at the China Center for Financial Consumer Rights and Interests Protection Research. She is a recipient of national talent programs and has received numerous provincial and ministerial-level talent awards.

In recent years, she has been devoted to research in digital economics and behavioral economics. She has published multiple papers in top international and domestic peer-reviewed academic journals, including three in the internationally recognized journal Management Science and others in the Rand Journal of Economics and the top domestic academic journal, Management Science Journal. She also serves as an executive member of the China Information Economics Society, the executive member of the National Society of Game Theory and Experimental Economics, a committee member of the China Behavioral and Experimental Economics Forum, a board member of the Big Data and Business Analysis Research Society of the Management Science and Engineering Society of China, and a board member of the Game Theory Branch of the Operations Research Society of China. She also serves as an associate editor for the international management journal Decision Support System.