Rong Yiren (Simplified Chinese: 荣毅仁, Traditional Chinese: 榮毅仁; pinyin: Róng Yìrén) (born 1916 in Wuxi, Jiangsu, died in October 26, 2005 in Beijing) was the Vice-President of the People's Republic of China from 1993 to 1998 and was heavily involved with the opening of the Chinese economy to western investment. It is from this second accomplishment that he gained his nickname, "The Red Capitalist." Simplified Chinese characters (Simplified Chinese: 简体字; Traditional Chinese: 簡體字; pinyin: jiÇŽntǐzì; also Simplified Chinese: 简化字; Traditional Chinese: 簡化字; pinyin: jiÇŽnhuàzì) are one of two standard character sets of printed contemporary Chinese written language. ... Traditional Chinese characters are one of two standard character sets. ... Pinyin is a system of romanization (phonemic notation and transcription to Roman script) for Standard Mandarin, where pin means spell and yin means sound. The most common variant of pinyin in use is called Hanyu Pinyin (Simplified Chinese: , Traditional Chinese: ; pinyin: HànyÇ” PÄ«nyÄ«n), also known as scheme... 1916 (MCMXVI) was a leap year starting on Saturday (link will take you to calendar). ... Wuxi (Simplified Chinese: 无锡; Traditional Chinese: 無錫; Pinyin: WúxÄ«; former spellings: Wu-hsi, Wuhsi, or Wusih; lit. ... Jiangsu (Simplified Chinese: 江苏; Traditional Chinese: 江蘇; Hanyu Pinyin: ; Wade-Giles: Chiang-su; Postal System Pinyin: Kiangsu) is a province of the Peoples Republic of China, located along the east coast of the country. ... October 26 is the 299th day of the year (300th in leap years) in the Gregorian Calendar, with 66 days remaining. ... 2005 (MMV) was a common year starting on Saturday of the Gregorian calendar. ... Beijing [English Pronunciation] (Chinese: 北京 [Chinese Pronunciation]; Pinyin: BÄ›ijÄ«ng; IPA: ), a city in northern China, is the capital of the Peoples Republic of China (PRC). ... 1993 (MCMXCIII) was a common year starting on Friday of the Gregorian calendar and marked the Beginning of the International Decade to Combat Racism and Racial Discrimination (1993-2003). ... 1998 (MCMXCVIII) was a common year starting on Thursday of the Gregorian calendar, and was designated the International Year of the Ocean. ...

Rong was born in 1916 in Wuxi, a town outside Shanghai in Jiangsu Province. His father and uncle were the founders and operators of a flour- and cotton-milling business. He was educated at the Christian-run St. John's University, China's most prestigious college until it closed in 1952. After graduation, Rong was assigned manage one of the family's businesses and was running all 24 mills by the late 1940s. Shanghai (Chinese: ; pinyin: ; Shanghainese: ), stuated on the banks of the Yangtze River Delta in East China, is the largest city of the Peoples Republic of China. ... Saint Johns University (圣约翰大学) was an Anglican university located in Shanghai, China. ... // Events and trends World War II was a truly global conflict with many facets: immense human suffering, fierce indoctrination, and the use of new, extremely devastating weapons such as the atomic bomb. ...

At the end of the Chinese Civil War and the founding of the PRC, Rong chose to stay on the Chinese mainland instead of fleeing to Hong Kong or Taiwan as most businessmen did. His family was allowed to keep their business until 1956, when all private businesses became state-owned. His family was given $6 million a compensation. He was appointed the vice-mayor of Shanghai in 1957. He later served as an advisor on economics for the Communist Party of China. Combatants Chinese Nationalists Chinese Communists Commanders Chiang Kai-shek Mao Zedong Strength 4,300,000 (July 1946) 3,650,000 (June 1948) 1,490,000 (June 1949) 1,200,000 (July 1946) 2,800,000 (June 1948) 4,000,000 (June 1949) The Chinese Civil War (Traditional Chinese: , Simplified Chinese... Shanghai (Chinese: ; pinyin: ; Shanghainese: ), stuated on the banks of the Yangtze River Delta in East China, is the largest city of the Peoples Republic of China. ... 1957 (MCMLVII) was a common year starting on Tuesday of the Gregorian calendar. ... Face-to-face trading interactions among on the New York Stock Exchange trading floor Economics, as a social science, studies human choice behavior and how it effects the production, distribution, and consumption of scarce resources. ... The Communist Party of China (CPC) (official name) also known as Chinese Communist Party (CCP) (Simplified Chinese: 中国共产党; Traditional Chinese: 中國共産黨; Pinyin: Zhōngguó Gòngchǎndǎng) is the ruling political party of the Peoples Republic of China. ...

During the Cultural Revolution he was denounced as a "capitalist." He lost a great deal of his personal wealth and was the target of death threats from the Red Guards, radical youth organizations aligned with the new social and cultural policies of Mao Zedong. In a situation typical to disgraced government officials during the Cultural Revolution, Rong was given a demeaning job as a janitor for a period of time. He received some political protection from Zhou Enlai and was thus spared further abuse and mistreatment. The Great Proletarian Cultural Revolution (Simplified Chinese: , Traditional Chinese: ; pinyin: WúchÇŽn JiÄ“jí Wénhuà Dà Gémìng; literally Proletarian Cultural Great Revolution; often abbreviated to 文化大革命 wénhuà dà gémìng, literally Great Cultural Revolution, or even simpler, to 文革 wéngé, Cultural Revolution) in the People... Red Guards refer to socialist or communist militia formed to instigate, support, or defend communist revolutions. ...   (December 26, 1893 – September 9, 1976) (also Mao Tse-Tung in Wade-Giles transliteration) was a Chinese Marxist military and political leader, who led the Chinese Communist Party to victory against the Kuomintang (KMT) in the Chinese Civil War, leading to the establishment of the People’s Republic of China... This is a Chinese name, Zhou is the surname. ...

After the death of Mao Zedong and the end of Cultural Revolution, Deng Xiaoping appointed Rong as an advisor for the economic opening of China. He set up the China International Trust and Investment Corp., or CITIC, in 1978, which was responsible for much of the initial western investment in China. Deng Xiaoping with US President Jimmy Carter Deng Xiaoping   (Simplified Chinese: ; Traditional Chinese: ; pinyin: Dèng XiÇŽopíng; Wade-Giles: Teng Hsiao-ping; August 22, 1904–February 19, 1997) was a leader in the Communist Party of China (CCP). ... Economic reforms have triggered internal migrations within China. ... China International Trust Investment Company (中國國際信托投資公司) or commonly known as CITIC is a state-owned investment company of the Peoples Republic of China, established by Rong Yiren in 1979 with the approval from Deng Xiaoping. ...

At the height of pro-democracy movement in 1989, he risked his life by asking the top Chinese leaders to negotiate with the students. After the bloody Tiananmen Crackdown, many political analysis believed that he would receive severe punishment. But he was appointed the ceremonial post of vice-president in 1993. The Unknown Rebel — This famous photo, taken by Associated Press photographer Jeff Widener, depicts a lone protester who single-handedly halted the progress of a column of advancing tanks for over half an hour. ...

Rong retired in 1998, died on October 26th, 2005. He is listed as one of the top richest men in Asia, with family fortune of $1.9 billion.

Though regarded as a non-Communist during his lifetime, actually he was a member of Communist Party of China since 1985,according to the obituary in Chinese;yet due to his requirement that his membership be unveiled only after his death,nearly nobody knows his Communist before,during,and after his vice presidency.

External links

• Obituary: Rong Yiren, 89, China's famed 'red capitalist' By David Lague International Herald Tribune
• Former Chinese VP Rong Yiren Dies Yahoo!