Rendering html code using TagBuilder and ASP.NET MVC 4 (with Razor engine)

I would like to render li items using TagBuilder.

My function

public static string RenderListTag(this HtmlHelper helper, string labelText, string action, string controller, bool isAdmin, string listCssClass = "")
        {
            string value = string.Empty;

            TagBuilder li = new TagBuilder("li");
            TagBuilder anchor = new TagBuilder("a");
            UrlHelper urlHelper = new UrlHelper(HttpContext.Current.Request.RequestContext);

            if (string.IsNullOrEmpty(action) || string.IsNullOrEmpty(controller))
            {
                anchor.MergeAttribute("href", "#");
            }
            else
            {
                anchor.MergeAttribute("href", urlHelper.Action(action, controller, new
                {
                    area = isAdmin ? "Admin" : ""
                }));
            }

            anchor.SetInnerText(labelText);

            if (action.IsEqualWith(helper.ViewContext.RouteData.Values["action"].ToString()))
            {
                li.MergeAttribute("class", "active");
            }

            if (!string.IsNullOrEmpty(listCssClass))
            {
                li.MergeAttribute("class", listCssClass);
            }

            li.SetInnerText(anchor.ToString(TagRenderMode.Normal));

            return li.ToString(TagRenderMode.Normal);
        }

When I call using the following code:

@Html.RenderListTag("Home", "Index", "Contents", false)
@Html.RenderListTag("About", "About", "Home", false)
@Html.RenderListTag("Contact", "Contact", "Home", false)
@Html.RenderListTag("Show toolbar", "", "", false, "options no-display")
@Html.RenderListTag("CMS", "Index", "Home", true)

The results is printed as text NOT html tag.

<li class="active">&lt;a href=&quot;/Contents&quot;&gt;Home&lt;/a&gt;</li> <li>&lt;a href=&quot;/Home/About&quot;&gt;Abou