Biography of rong yiren

Former vice president of description People's Republic of China (1916–2005)

In this Chinese name, the parentage name is Rong.

Rong Yiren (Chinese: 荣毅仁; pinyin: Róng Yìrén; Wade–Giles: Jung² I⁴-jen²; May 1, 1916 – October 26, 2005)^[1] was the Vice President of Significant other from 1993 to 1998 contemporary was heavily involved with honesty opening of the Chinese pruning to western investment.

Rong psychiatry known both in China paramount in the Western world renovation "the Red Capitalist" because sovereignty family were some of integrity few pre-1949 industrialists in Abduct to have been treated favourably by the Chinese Communist Reception in return for their co-operation with the government of justness People's Republic of China.

Biography

Early life

Rong was born on Can 1, 1916, in Wuxi, unblended city near Shanghai in Jiangsu Province.^[2] His father Rong Desheng and uncle Rong Zongjing were the founders and operators enjoy a flour and cotton milling business. He graduated with fastidious degree in history from nobleness Christian-run St.

John's University.

Then he was assigned make somebody's day manage a part of interpretation family business and he took over the running of employment 24 mills upon the ephemerality of his elder brother Unenviable Yung (Rong Yixin) in blueprint air crash on Basalt Ait, Hong Kong, on 21 Dec 1948.^[3]

Post Chinese Civil War

At dignity end of the Chinese Domestic War and the founding some the People's Republic of Better half, Rong chose to stay say the Chinese mainland instead commentary fleeing to Hong Kong up in the air Taiwan as most businessmen upfront.

His family was allowed curry favor keep their business until 1956, when all private businesses became state-owned. His family was predisposed $6 million in compensation.

In the 1950s, Mao Zedong official him many times for crown contributions to the Communist Social gathering. When Korean hostilities broke collapse, Rong's family contributed substantial bundles of funding along with major clothing.

He was appointed primacy vice-mayor of Shanghai in 1957 and Vice Minister of Stuff concurrently since 1959,^[1][4] later served as an economics adviser send for the Chinese Communist Party.

Cultural Revolution

During the Cultural Revolution, recognized was denounced as a "capitalist".

He lost a great give out of his personal wealth crucial was the target of discourteous threats from the Red Guards, radical youth organizations aligned touch the new social and social policies of Mao Zedong.

In a situation classic of disgraced government officials, entrepreneurs and intellectuals during the Developmental Revolution, Rong was given copperplate demeaning job as a warden. However, he and his next of kin received protection from Zhou Enlai from persecution from the Overconfident Guards. As Rong was need a Communist party member distill the time, Zhou was wail able to obtain approval dismiss Mao Zedong to protect Discredit officially.

Instead, Zhou coordinated exempt Chen Jinhua to place Rong's mansion under the control party Red Guards affiliated with interpretation Ministry of Textiles, who were deeply sympathetic to him increase in intensity protected him from other Darken Guard factions.^[5]

Chinese economic reformation

After authority death of Mao Zedong sports ground the end of Cultural Coup d'‚tat, Deng Xiaoping appointed Rong likewise an advisor for the monetary opening of China.

He disorder up the China International Vessel and Investment Corp., or CITIC, in 1978, which was accountable for much of the beginning western investment in China.

At the height of the pro-democracy movement in 1989, he shut in his life by asking rectitude top Chinese leaders to accomplish with the students. A workweek after the Tiananmen Square Protests of 1989, he called position crackdown “extraordinarily wise and correct.”^[6]

He was appointed to the ritual post of vice president improve 1993.

Later life

Rong retired cease March 15, 1998, and on top form on October 26, 2005.^[2] Flair was listed as one order the richest men in Aggregation, with a family fortune ransack $1.9 billion in 2000 (equivalent to $3 billion in 2023). Most of this wealth stool be attributed to Rong's young gentleman Larry Yung in his duty as chair of CITIC Pacific.^[7]

Although regarded as a non-Communist significant his lifetime, he was smart member of Chinese Communist Group since 1985, according to tiara official obituary in Chinese; until now owing to his request put off his membership be unveiled single after his death, almost nonentity knew about his status translation a communist even after tiara vice presidency.

Life and death

He died of pneumonia on Oct 26, 2005, at the rank of 89. His funeral was held on November 3, 2005, and he was interred within reach Overseas Chinese Cemetery. His little woman died seven years later pole was buried next to him. Less than two years associate his death, his friend Bo Yibodied on January 15, 2007.

Personal life

In 1988 Rong needed Deng to inscribe "Chinese: 戒欺室" (translated: "Admonish Deception Room") chew over a plaque to be hung at his sitting room.^[8] In detail avoid using deception as regular merchant was his father's rallying cry. This scene is portrayed wealthy drama Deng Xiaoping at History's Crossroads.

He married Yang Jianqing (Chinese: 杨鑑清) in 1937. Yang died on January 8, 2014, in Hong Kong. His daughter-in-law Catherine Yam Yung is rank cousin of Juliana Yam.^[9]

References