With a bachelor degree in Philosophy from Peking University (北京大学) and an MSc in Economics and Finance from the University of York, Peng started his career in a consulting company, where I provided legal and financial advice to governments and businesses on infrastructure projects, including power plants, water plants, sewage treatment plants, highways, and underground transport systems. He later left the company to pursue a PhD in Economics at Cardiff University, focusing on macroeconomic DSGE modelling and applied microeconomics. Peng formally joined Cardiff Business School in 2016. He is now Professor of Economics and Director of the China Centre for Business Research and the Welsh Institute for Research in Economics and Development. During 2025-26, Peng served as University Dean of International in the Vice-Chancellor Office. His leadership responsibilities mainly covered partnerships in Greater China and Transnational Education (TNE). As part of his senior management role, Peng also served as Director of Cardiff Confucius Institute. He was elected as a Fellow of the Learned Society of Wales (FLSW) for his research dedicated to the development and welfare of Wales. He was also awarded a Principal Fellow of the Higher Education Academy (PFHEA) for his contributions to pedagogic innovation and strategic leadership in higher education.