In accordance with China's emerging economic power around the globe, young Chinese corporate managers are gaining international recognition.

In the latest ranking of the world's youngest CEOs by the London-based Cass Business School, in terms of company share price performances on major world stock markets, young managers of Chinese companies dominated the list of CEOs under 45 years old, the China Securities Journal reported Tuesday. 

With China's state-owned company directors not included, there are 23 Chinese managers on the 50-person list, and 14 Chinese are in the top 20 positions. The most impressive eight of the top ten are from China.

Shanghai Aerospace Automobile Electromechanical Co. general manager Zhao Bin led the roster. The company profits generally form car parts manufacturing, and also does satellite development.

Following Zhao were three managers of special mineral and rare metal processing corporations of China. Two Australian CEOs take the fifth and tenth positions in the top ten list.

European and American corporation leaders on the list are comparatively older, with the youngest from North America is 40 years old. According to another ranking of the leading 500 US companies by Standard & Poor's, the world's leading provider of credit ratings and valuations, the average age of the CEOs is 55.

Managers from the Silicon Valley lead American CEOs on the list by Cass, and there is an apparent lack of fresh blood in giant corporations in the EU, the US and Japan.

"We compared the average age of CEOs from the listed companies on the Shanghai Stock Exchange , which was 47 years old, and the Tokyo Nikkei Index, which was 62, and saw there was clearly a huge age gap between them," ranking organizer and Cass Business School MBA student Neil Beasley told paper.

Experts say the dominance of young Chinese entrepreneurs on the list reflects the impressive rise of Chinese companies as investors around the world look for opportunities in this promising market.

"China is rising into a power engine of international economic growth, and its young CEOs are leading the blue chip companies of the future world," said Beasley.