Qiu Guanghe

Qiu Guanghe is the chairman of Zhejiang Semir Garment Co., which makes and sells apparel. Its Semir brand operates 1,000 retail stores throughout China in cities such as Beijing, Shanghai and Hong Kong.Semir's children's clothing brand Balabala signed a deal in 2016 to open 50 stores in Saudi Arabia. Qiu founded the fashion retailing group in 1996 in his hometown of Wenzhou, a trading mecca in Zhejiang Province.