China Leadership Monitor

The Rise of China's Yuppie Corps: Top CEOs to Watch

Saturday, April 30, 2005

The remarkable development of China's economy has been matched by the rapid rise of China's entrepreneurs. A group of young, well-educated, urban economic elites—China's "yuppie corps"—has recently emerged and taken the spotlight. Focusing on the CEOs of China's 100 leading enterprises, this article assesses the demographic characteristics, professional backgrounds, and career experiences of China's most prominent business leaders. Their relatively young age and the growing importance of their enterprises indicate that the most promising executives in China's flagship firms may broaden the way in which future political leaders are chosen. The rise of the yuppie corps in the business leadership of the People's Republic of China also suggests that Chinese firms in various industrial sectors may become even more competitive in the world market in the years to come.