The competition was held in Bangkok in the Rajamangala Stadium and the Nakhon Sawan Stadium . The tournament was won by the defending champions Korea DPR Women's National Football Team (Korea DRP). As the championship was alo used for qualifying for the FIFA Women's World Cup , North Korea qualified as champions, with China qualifying as runners-up. South Korea as the third-placed team faced another match for qualification.
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 .
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June 19 , 2003
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3–0
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Rajamangala Stadium
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June 19 , 2003
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3–1
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Rajamangala Stadium
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June 21 , 2003
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0–1
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Rajamangala Stadium
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