March 7, 2023. Shanghai – Twelve CEIBS alumnae have been listed in the 2024 Forbes China 100 Top Businesswomen ranking, covering various industries such as electrical manufacturing, healthcare, biopharmaceuticals, retail, chemical materials, and high-tech. According to Forbes China, the list is designed to present a portrait of women in China's business world.

Having been released for ten consecutive years, the ranking highlights the most influential female leaders in China and takes into account the business performance, market capitalization, market size, industry influence, and innovation of their companies.

With an average age of 51, 44% of the female executives are entrepreneurs who started their businesses from scratch (including those who joined founding teams at an early stage), 44% are professional managers, and 12% are second-generation successors of family businesses. Beijing and Shanghai are home to the highest numbers of entrants on the list.

It is noteworthy that among the 100 entrants, 29 are from new technology consumption industries, hinting at the great transformation of China’s retail industry driven by economic fluctuations and increasing competition from online platforms.

In comparison to previous years, this year’s ranking focuses more on the relationship between these extraordinary businesswomen and their families, including how they transform their roles in the midst of business competition. Research by UN Women also shows that globally, women are being forced to take on more unpaid caregiving and domestic work. In 2023, the organisation launched an International Day of Care and Support to call global attention to the issue.

On behalf of the school, CEIBS President Wang Hong expressed her congratulations to those on the list:

“Qualities such as tolerance and tenacity, which many female leaders possess, are becoming increasingly important in the business world. Amid challenges in the current business landscape, CEIBS alumnae have been courageous and enterprising, and have led their companies to achieve breakthroughs against adversity by virtue of their extraordinary wisdom and unique skill. Their achievements will inspire more women to drive social and economic innovation and progress,” President Wang said.

She further added that CEIBS is committed to providing cutting-edge management education and creating a greater platform both for faculty and female students.

Since its establishment in 1994, CEIBS has witnessed a 30% increase in the number of female full-time faculty. By the end of 2023, there were 24 female full-time faculty, all of whom possess first-class academic backgrounds and rich teaching experience, injecting new perspectives into the teaching and research work of the school. In addition, the number of female CEIBS alumnae continues to grow, accounting for 27.4% of over 30,000 CEIBS alumni worldwide. In 2023, Global EMBA, MBA, and Financial MBA programmes saw female student proportions of 45%, 46%, and 51%, respectively, among the incoming cohorts.