Video: China's economic tycoons cast stronger global influences

By CCTV reporter Yin Hang

Once low-profile, Chinese business tycoons are earning a greater reputation around the globe. That’s a result of China’s stable economic growth amid the world economic downturn. In order to make more successful Chinese entrepreneurs well-known in China and abroad and reward their efforts, CCTV will hold an awards ceremony Wednesday evening. Ten business and economic leaders will be given the 2012 CCTV Chinese Economic Figure awards.

From world IT giants to global e-commerce behemoths, enterprises led by Chinese entrepreneurs are shaping the landscape of the world market.

Yang Yuanqing is the Chairman and CEO of Lenovo, which recently earned the title of the world’s largest PC manufacturer. Yang is also one of the 20 nominees for the 2012 CCTV Chinese Economic Figure award.

Yang said, "I think the award winners should firstly be playing a leading role in enterprises and the industry. And he or she must have made unremitting efforts toward creating more profits for the economy and society. Meanwhile, they should also be ones who can shoulder more social responsibilities."

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