Participating teams and structure
Fourteen teams took part in the competition. This included the hosts Thailand and the defending champions North Korea. The teams were split into 3 groups, with the each team playing all the others in the group in a round robin format. At the end of the group stage the four teams with the best results from all the groups who qualified in the 1st 2 spaces in each group qualify to the knockout stage. This is played in the format of a semi-final, a 3rd/4th place match, as well as a final.
The winners and runners-up of the competition automatically qualify for the FIFA Women's World Cup 2003. The 3rd place team has to compete against a CONCACAF team over home and away matches for a final place in the FIFA Women's World Cup. The runners-up and the 3rd place team were re-berthed to 3rd and 4th place respectively as China, as original host of the World Cup and would automatically qualified to final rounds, got 2nd place.
This was the last tournament to still issue invitation. From 2006, a separate qualification round was introduced to find out teams to qualify for the Women's Asian Cup.
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North Korea (2nd title)
China 
South Korea 
Japan 
