Monday, March 1, 2010

#61 Li Rongrong

The World's Most Powerful People

#61 Li Rongrong

Chairman
State-owned Assets Supervision and Administration Commission of the State Council
China
Age: 65



Heads government agency that controls China's 150-plus state-owned enterprises; together, they had revenues of more than $2 trillion last year. Expected to increase dominance in Chinese industries: energy, resources, transportation, telecom. Expand abroad, too: "We must encourage our top enterprises to go out and enter overseas markets and expand their business." Just in time for Copenhagen: Announced SOEs must cut industrial output by 20% and greenhouse gases 10% from 2005 levels by 2010.

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