Chen Lihua, founder of Fu Wah International Group, a company engaged in real estatedevelopment, has become China's richest woman with a net worth totaling 50.5 billionyuan (US $7.5 billion), according to the report Richest Women in China 2016 released by Hurun Research Institution on Tuesday.
According to Hurun,
only women with a net worth exceeding 8 billion yuan (US $1.2 billion)are
eligible to be selected as one of the top 50 richest women in China. Further,32
out ofthe 50 newly selected female billionaires started their businesses from
scratch.
Among the top 50 richest women in the world, Chinese female entrepreneurs account for 56 percent. Further,23 percent of wealthy Chinese women work in real estate, a decline of 2 percent year-on-year; 18 percent of them are involved in finance and investment,followed by manufacturing accounting for 14 percent, as Qianjiang Evening News reported.
Guangdong starts from business
Beijing and Shenzhen
are the two most popular cities to live in by those Chinese
femaleentrepreneurs, with 12 of the richest women on the list living in Beijing
and 9 in Shenzhen,respectively. Shanghai is the third most popular city, home
to 5 of the women that madethe list. Only two live outside of the Chinese
mainland, one in Hong Kong, the other in the U.S.
From the perspective of birthplace, most female entrepreneurs are born in south China's Guangdong Province. "Guangdong is not only the cradle of business startups for Chinese female entrepreneurs, but also one for the world's female entrepreneurs," said Rupert Hoogewerf, also known by his Chinese name Hu Run, publisher of the Hurun Report.
Canton Fair 2016
And the Canton Fair is
also being held in Guangzhou, Guangdong.
Yesterday was the last day of the second phase of the 120th Canton Fair.
eGTCP under Great Tao Group carried Great Tao Credit Purchasing Card and Great Tao Credit Assurance Program appearing at Canton Fair and was appreciated by international buyers around the world.
eGTCP had recommended GTCP Card to international buyers who visited Canton Fair. International
buyers are granted with the credit line within 90-120 days payment terms after
GTR assessment and place orders towards intended suppliers with the credit
line. So, international buyers could improve their purchasing capabilities,
promoting the usage rate of capital and will also win larger Chinese markets.
At the first two phase of this fair, eGTCP had made great achievements. It will carry GTCP Card and GTCA
Program for the benefits of international buyers at the third Canton Fairs.
You are very welcome to join us at Tianqiao T43-44!
Focus on:
We, eGTCP, welcome you to applying for GTCP(Great Tao credit purchasing card), you can get $10,000 immediately, buy more, pay later, let's get started!
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