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Last updated at: (Beijing Time) Monday, January 07, 2002

Wu Yi Selected as an Influential Person by "Fortune"

Twenty people including a Chinese, Wu Yi, who come from various sectors like telecom, mass media, finance and investment, and are said to be likely the influential people in the global economic circle in 2002, were listed in the magazine "Fortune" published on Jan. 7.


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Twenty people including a Chinese, Wu Yi, who come from various sectors like telecom, mass media, finance and investment, and are said to be likely the influential people in the global economic circle in 2002, were listed in the magazine "Fortune" published on Jan, 7.

An article in the magazine says that Wu Yi, 63, as a Chinese State Councilor, will fully display her talents after China's entry into the WTO. With a sound working background in the petroleum industry, she is currently in charge of foreign trade business and responsible for the work of copyright protection and market access. She enjoys the reputation "A woman of exceptional ability" in China thanks to her meticulous and vigorous style of work.

Some other listed people includes: IBM's new CEO Burtscher; Merrill Lynch's President Stanley O'Neal; U.S. Secretary of Finance Paul O'Neal; Steve Galbraith, chief investment officer with Morgan Stanley; Ford's CEO Bill Ford; Deutsche Bank's Investment President Josef Achermann and European Commissioner for Competition Mario Monti.



Wu Yi: State Councilor, State Council

Wu Yi, a thirty-year veteran of the petroleum industry, was elected vice mayor of Beijing in 1988, overseeing the city's foreign trade and industrial development. She left the post in 1991 to become the vice minister of Foreign Economic Relations and Trade, rising to minister of the former Ministry of Foreign Trade and Economic Cooperation, where she exercised her negotiating skill until 1998 when she became one of China's five state councilors. Meanwhile, in 1992, Wu was elected president of the China Association of Foreign-Funded Enterprises.

Click here for more information about Wu Yi



by PD Online Staff Yang Ruoqian
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