Jing Shuping (, 7 July 1918 – September 14, 2009) was a Chinese

businessman A businessperson, also referred to as a businessman or businesswoman, is an individual who has founded, owns, or holds shares in (including as an angel investor) a private-sector company. A businessperson undertakes activities (commercial ...

who founded the Minsheng Bank, the first privately owned bank to open in the

Communist Communism () is a sociopolitical, philosophical, and economic ideology within the socialist movement, whose goal is the creation of a communist society, a socioeconomic order centered on common ownership of the means of production, di ...

People's Republic of China China, officially the People's Republic of China (PRC), is a country in East Asia. With population of China, a population exceeding 1.4 billion, it is the list of countries by population (United Nations), second-most populous country after ...

, in 1996. Jing Shuping graduated from Saint John's University in

Shanghai Shanghai, Shanghainese: , Standard Chinese pronunciation: is a direct-administered municipality and the most populous urban area in China. The city is located on the Chinese shoreline on the southern estuary of the Yangtze River, with the ...

in 1939. He was Chairman of the

All-China Federation of Industry and Commerce The All-China Federation of Industry and Commerce (ACFIC), also called the All-China Chamber of Industry and Commerce (ACCIC) is a people's organization and chamber of commerce, established in 1953 as a successor to the chambers of commerce that ...

and Vice Chairman of the

Chinese People's Political Consultative Conference The Chinese People's Political Consultative Conference (CPPCC) is a political advisory body in the People's Republic of China and a central part of the Chinese Communist Party (CCP)'s United front (China), united front system. Its members adv ...

until 2002, and held the rank of a national leader of China. He also became a director within the China International Trust and Investment Corp, which is now known as the

CITIC Group CITIC Group Corporation Ltd., formerly the China International Trust Investment Corporation (CITIC), is a state-owned investment company of the People's Republic of China, established by Rong Yiren in 1979 with the approval of Deng Xiaoping. ...

, the Chinese government's state-owned

investment Investment is traditionally defined as the "commitment of resources into something expected to gain value over time". If an investment involves money, then it can be defined as a "commitment of money to receive more money later". From a broade ...

group. Jing founded Minsheng Bank in 1996. He resigned as

chairman The chair, also chairman, chairwoman, or chairperson, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the gro ...

of the bank in 2006 citing declining health. However, he remained the honorary chairman of the bank following his retirement. Additionally, Jing opened China's first

law firm A law firm is a business entity formed by one or more lawyers to engage in the practice of law. The primary service rendered by a law firm is to advise consumer, clients (individuals or corporations) about their legal rights and Obligation, respon ...

consulting firm A consulting firm or simply consultancy is a professional service firm that provides expertise and specialised labour for a fee, through the use of consultants. Consulting firms may have one employee or thousands; they may consult in a broad ra ...

and accounting firm since the 1949

Chinese Communist Revolution The Chinese Communist Revolution was a social revolution, social and political revolution in China that began in 1927 and culminated with the proclamation of the People's Republic of China (PRC) in 1949. The revolution was led by the Chinese C ...

. Jing Shuping died on September 14, 2009, in

Beijing Beijing, Chinese postal romanization, previously romanized as Peking, is the capital city of China. With more than 22 million residents, it is the world's List of national capitals by population, most populous national capital city as well as ...

at the age of 91.

References

{{DEFAULTSORT:Jing Shuping 1918 births 2009 deaths Chinese bankers Businesspeople from Shanghai People's Republic of China politicians from Shanghai Members of the Preparatory Committee for the Hong Kong Special Administrative Region Vice chairpersons of the National Committee of the Chinese People's Political Consultative Conference St. John's University, Shanghai alumni People from Shangyu China Minsheng Bank people