Li Rongrong
Former Chairman of SASAC Member of the 17th CPC Central Committee; Vice-Chairman of the 11th CPPCC Economic Committee
Age: 67

All his life, Li Rongrong has been dealing with state-owned enterprises. As head of SASAC, a government agency that influences China's political and economic infrastructure, Li was in charge of 152 central government-led enterprises -- after three years under his leadership, 16 of those enterprises had made it to the Fortune Global 500.

Li led the commission for seven years, making him one of the longest-serving ministerial level officials in recent history. The state-owned assets which were under his administration are now valued in the trillions. Li pushed for restructuring and mergers among these enterprises, he promoted incentive-based compensation across the board and he required that the top executives of these state-owned enterprises sign performance-related agreements.

-- Zhang Maiwen


By Fortune China editors @FortuneMagazine - Last updated January 12 2012: 9:09 AM ET
Join the Conversation
Find Homes for sale
  • Property Type
  • Find a home in:
    New York | Atlanta | Chicago | Los Angeles
    Washington D.C | Houston | Philadelphia | More options
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.