The covers are shot by Yin Chao. (source)
Vogue China celebrates their September and 10th Anniversary issue with homegrown talents Li Bingbing, Zhou Xun, Du Juan, Zhang Zi Yi, Chris Lee, Zhao Wei, Carina Lau, Liu Wen, Tang Wei and Fan Bingbing on the cover that was shot by Mario Testino. (source)
Click here to view last year cover featuring Fan Bingbing, here to view last year covers featuring Sui He, Daria Strokous, Xiao Wen Ju, Liu Wen, Fei Fei Sun, Kati Nescher, Sasha Pivovarova and Doutzen Kroes. Click here to view 2012 covers featuring Liu Wen, Xiao Wen Ju, Marie Piovesan, Daria Strokous, Lindsey Wixson, and Tian Yi.
Click here to view 2011 covers featuring Du Juan, Sui He, Fei Fei Sun, Liu Wen, Ming Xi and Shu Pei Qin. Click here for 2010 covers with Liu Wen, Ming Xi, Fei Fei Sun, Tao Okamoto and Shu Pei Qin. Click here for 2009 cover with Maggie Chung.
Click here to view last year cover featuring Iselin Steiro, here to view 2013 cover featuring Constance Jablonski, here to view last year cover featuring Vicki Zhao, here for 2011 cover with Gisele Bundchen, and here for 2010 cover with Shu Pei Qin and Mirte Maas.
Richard Ramos photographed the cover. (source)
UPDATED DECEMBER 18th 2012: Added two new covers featuring Ni Ni, photographed by Patrick Lindblom, and Melissa Stasiuk by Billy Nava.
The covers featuring models Du Juan and Nimue Smit were photographed by Stockton Johnson and Bojana Tatarska respectively.
Images via Fashion Copious.