Originally from Zhengzhou, China, Fangqi Li studied ballet at the Secondary School of the Beijing Dance Academy and with The National Ballet of China. She won scholarships for six consecutive years (2010-2016) from her school and the government, and was regularly honored as a Merit Student. She participated in summer intensive programs at American Ballet Theatre, Ballet Heritage and the Beijing IBCC.
Li’s awards include first prize in Group C at Beijing Dance Academy's 5th Annual International Ballet Competition for Dance Schools (2014), third prize at the Youth America Grand Prix Asian Regional Semi-Finals (2015) and second prize at the Helsinki International Ballet Competition (2016). In 2017, Li was a finalist at the Prix de Lausanne.
Li joined ABT Studio Company in September 2017 and became an apprentice with the main Company in January 2018.