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Sunday, February 16, 2020, 12:17
Forbes China unveils rankings of top 100 businesswomen
By Xinhua
Sunday, February 16, 2020, 12:17 By Xinhua

Dong Mingzhu, Chairperson of Gree Electric Appliances, Inc of Zhuhai, attends the Boao Forum for Asia (BFA) Annual Conference 2019 in Boao, south China's Hainan province on March 26, 2019. (PHOTO / STR / AFP)

BEIJING - Forbes China has unveiled its latest list of the country's top 100 businesswomen, with Dong Mingzhu, chairwoman of air conditioner supplier Gree Electric Appliances, ranking first.

Li Qingping, chairwoman of China CITIC Bank, and Wu Wei, CFO of Alibaba, finished second and third

Li Qingping, chairwoman of China CITIC Bank, and Wu Wei, CFO of Alibaba, finished second and third.

The market value of the companies that the 100 members run neared 10 trillion yuan (about US$1.43 trillion).

ALSO READ: Forbes: Xiaomi CEO Lei Jun’s net worth US$19.5b

Nearly one-fourth of the top 100 businesswomen worked in TMT (tech, media and telecom) industries. Financial, property development and pharmaceutical industries also placed several executives on the list.

Of the 100 members, half had a master's degree or higher.

Forbes China's ranking takes into account the number of employees, revenue, profit, assets, market capitalization and web popularity of the companies.

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