Top 15 influential business people in China
- By Lin Liyao
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E-mail China.org.cn, January 13, 2012
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Zhang Jindong (张近东)
Company: Suning Appliance Co., Ltd. (苏宁集团)
Industry: Home appliances
Position: Chairman
Age: 48
Suning Appliance has emerged as a key player in China's home appliance market during the past 5 years as local companies and foreign electronics corporations competed for market shares in China. As one of the two founders of Suning, Zhang Jindong was first to set the chain store model for Chinese home appliance chain retailing. Ten years later, Suning has become one of the country's largest electric appliances retailers. It operates nearly 700 stores in more than 150 cities in China. Next up for Zhang and Suning is to build up a networked retail platform, maybe someday growing into "China's Wal-Mart."
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