Dong Mingzhu Listed Among World's Most Powerful Businesswomen

October 10, 2017
By Jia SimanEditor: Hewater Liu

 Fortune magazine named Gree Electric Appliances CEO Dong Mingzhu as the fourth most powerful businesswoman in the world last month.

Dong has appeared in the annual list for the 11th time since Fortune first organized the selection 17 years ago.

After joining the company, Dong jumped on the Internet bandwagon, pushing the manufacturer's traditional sales and marketing modes by developing channels online.

Under her leadership, in recent years Gree has entered the booming business of electric vehicles and smart phones. Its net profit saw an increase of 16 percent in 2016 while the price of its stock has gone up by 54 percent.

A total of 50 women from various business sectors in 17 countries made their entry into this year's list. Candidate businesswomen were evaluated in accordance with the scale, global ranking, healthy development and the orientation of their enterprises.

Personal career path and social and cultural influence were also taken into account.

Other prominent Chinese businesswomen on the list include: Sun Yafang, CEO of Chinese telecom giant Huawei; Wang Fengying, CEO and general-manager of Baoding-based Great Wall Motor; Maggie Wei Wu, chief financial officer of Chinese e-commerce giant Alibaba; Jean Liu, president of China's ride-hailing platform Didi Chuxing; and Pei-Chun Tsai, CEO of Taichung-based Pou Chen Corporation.

(Source: and edited by Women of China)

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