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    Number of China's female billionaires on the rise

    By Wu Yiyao in Shanghai | China Daily | Updated: 2013-09-18 07:48

    Yang Huiyan, 32, has become China's richest woman of 2013 with a fortune of 51 billion yuan ($8.33 billion), according to Hurun China's Women Rich List 2013, released by the Hurun Research Institute in Shanghai on Tuesday.

    More than half of the world's richest self-made female entrepreneurs are from China, said the report.

    Rupert Hoogewerf, chairman and chief researcher of the Hurun Report, the Shanghai-based magazine that publishes the list, said the big jump in the number of female billionaires shows that China is providing a good business environment.

    Number of China's female billionaires on the rise

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