Wu Yajun, a female entrepreneur focusing on Chinese property development, took the No.1 spot on a new wealth ranking of self-made businesswomen.

The 48-year-old founder and chairman of Beijing-based Longfor Properties reported a personal fortune of 38 billion yuan, and was trailed by Chinese real estate magnate Chen Lihua and Spanish garment tycoon Rosalia Mera, according to a list released Friday by Hurun Research Institute.

China gave rise to 11 of the world’s 22 self-made women billionaires (US dollars), while the US has 5. On average, these billionaires are worth 13.7 billion yuan, a 6.8 percent decrease from last year.

Thirty percent of the women billionaires work in the property sector, while 20 percent come from manufacturing and 14 percent from the garment trade.

The following are the 10 richest self-made businesswomen in China:

 Zhou Yaxian (周亞仙)

Zhou Yaxian

2012 Wealth: 8.5 billion yuan

2011 Wealth: 7.5 billion yuan

Company: Shenguan Holdings (神冠控股)

Focus: Manufacturing

Headquarters: Wuzhou, Guangxi

Age: 53