Li Xiaolin (; born 1 June 1961) is a Chinese businesswoman, currently serving as vice-president of the China Datang Corporation, a state-owned power generation enterprise. She is the former CEO of China Power International Development ( SEHK: 2380). She is the only daughter of former Chinese Premier

Li Peng Li Peng (; 20 October 1928 – 22 July 2019) was a Chinese politician who served as the 4th premier of China from 1987 to 1998, and as the chairman of the Standing Committee of the National People's Congress, China's top legislative body, from ...

and his wife Zhu Lin. She was trained as a power generation engineer at

Tsinghua University Tsinghua University (THU) is a public university in Haidian, Beijing, China. It is affiliated with and funded by the Ministry of Education of China. The university is part of Project 211, Project 985, and the Double First-Class Constructio ...

Career

Li was born on

International Children's Day Children's Day is a commemorative date celebrated annually in honour of children, whose date of observance varies by country. In 1925, International Children's Day was first proclaimed in Geneva during the World Conference on Child Welfare. Sin ...

in June 1961 at Fourth Affiliated Hospital of China Medical University in

Huanggu District Huanggu District () is one of ten districts of the prefecture-level city of Shenyang, the capital of the Chinese province of Liaoning. It borders Shenbei New Area to the north, Dadong to the east, Shenhe to the southeast, Heping to the south, ...

, Shenyang, Liaoning Province, Past is Railway Hospital in

Liaoning ) , image_skyline = , image_alt = , image_caption = Clockwise: Mukden Palace in Shenyang, Xinghai Square in Dalian, Dalian coast, Yalu River at Dandong , image_map = Liaoning in China (+all claims hatched).svg , ...

, She is a daughter from three children to

, then fourth Premier of the People's Republic of China, and Zhu Lin, a Russian-language translator. She was the second of Li Peng's three children. Her older brother is Li Xiaopeng. Li followed her father's footsteps and studied power generation, eventually obtaining a Master of Engineering degree in Power System and Automation from the prestigious

. Li claims to have spent time at the

MIT Sloan School of Management The MIT Sloan School of Management (branded as MIT Sloan) is the business school of the Massachusetts Institute of Technology, a private university in Cambridge, Massachusetts. MIT Sloan offers bachelor's, master's, and doctoral degree progra ...

, however MIT stated that the only record it has of attendance by a student with Li’s name was enrollment in a “non-degree short course” open to anyone who has “intellectual curiosity” and pays $7,500 for 15 days of classes. Currently, she is the only female CEO of a Hong Kong Stock Exchange-listed company. She is also a member of the Copenhagen Climate Council. In 2008, she was named one of the 50 most powerful women in business by Fortune magazine. In 2012, Li was conferred with Tamgha-e-Pakistan (Medal of Pakistan). According to Hurun Report's China Rich List 2013, she had an estimated personal fortune of US$550 million, making her the 606th wealthiest person in China. In 2014, leaked data obtained by the think tank

International Consortium of Investigative Journalists The International Consortium of Investigative Journalists, Inc. (ICIJ), is an independent global network of 280 investigative journalists and over 140 media organizations spanning more than 100 countries. It is based in Washington, D.C., with ...

(ICIJ) showed that Li Xiaolin owned assets in the tax haven

British Virgin Islands The British Virgin Islands (BVI), officially the Virgin Islands, are a British Overseas Territories, British Overseas Territory in the Caribbean, to the east of Puerto Rico and the United States Virgin Islands, US Virgin Islands and north-west ...

. She had been listed as the director of the BVI

shell companies A shell corporation is a company or corporation with no significant assets or operations often formed to obtain financing before beginning business. Shell companies were primarily vehicles for lawfully hiding the identity of their beneficial ...

Tianwo Holdings Ltd and Tianwo Development Ltd since 2005. The report further revealed that Li and her husband opened a Swiss-based account with HSBC in 2001, and by 2006-2007 held $2.45 million on the account; additionally, the couple were listed as owners of Metralco Overseas S.A., registered in Panama. In July 2015, Li Xiaolin was transferred from China Power International to China Datang Corporation to serve as a vice-president. In April 2016, Li was named in the

Panama Papers The Panama Papers () are 11.5 million leaked documents (or 2.6 terabytes of data) published beginning April 3, 2016. The papers detail financial and attorney–client information for more than 214,488 offshore entities. These document ...

, linking her to a British Virgin Islands company via a Lichtenstein foundation.

References

{{DEFAULTSORT:Li, Xiaolin 1961 births Living people Family of Li Peng Tsinghua University alumni Businesspeople from Beijing Children of prime ministers of China People named in the Panama Papers North China Electric Power University alumni Members of the 12th Chinese People's Political Consultative Conference Members of the 11th Chinese People's Political Consultative Conference