Zhang Bo, chairman of Shandong Weiqiao Pioneering Group and CEO of China Hongqiao, was recognized by Fortune magazine’s Chinese edition as one of China’s most impactful entrepreneurs as the publication unveils its list of China’s 50 Most Influential Business Leaders in 2020 on April 13.
Zhang “carried the heavy burden of transforming and upgrading Weiqiao under the new economic environment”, wrote Fortune, who ranked Zhang the 44th on the list.
In the past year, the 50 business leaders “are challenged by the changing business environment while continuously and comprehensively showing their impacts,” wrote Fortune.
“While creating vitality for the business community, they are also receiving an important lesson taught by the business community,” it added.
Returned to his father’s business in 1996, Zhang, son of Weiqiao’s founder and former chairman Zhang Shiping, has participated in the management of the company for decades, facilitating the company’s successful process of going public.
Zhang also led the rise of Weiqiao’s aluminum and electricity sectors and took full charge of developing the company’s overseas projects, according to Fortune.
Fortune selected Zhang as one of those outstanding leaders who could impact the management of companies, the landscape of industries, and the broader business world. Also included in the list are well-recognized names like Jack Ma, Ren Zhengfei, and Ma Huateng, all are business leaders from a diverse selection of industries.
Zhang “has a broad global vision,” wrote Fortune. By coming up with the name “Weiqiao Pioneering Group,” he showed how he wants the company to evolve and develop continuously, it added.
“In 2020, the world needs more leadership and collaboration to heal the wounds caused by the epidemic. It would be a new lesson for China’s business leaders,” wrote the magazine.