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

businessman A businessperson, 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 or industrial) for th ...

who founded the

Minsheng Bank China Minsheng Bank (), founded on January 12, 1996, in Beijing, is the first bank in China to be owned mostly by private sector enterprises. The bank was founded by Jing Shuping, a Chinese lawyer and businessman. Minsheng Bank is well known ...

, the first privately owned bank to open in the

Communist Communism (from Latin la, communis, lit=common, universal, label=none) is a far-left sociopolitical, philosophical, and economic ideology and current within the socialist movement whose goal is the establishment of a communist society, a ...

People's Republic of China China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's List of countries and dependencies by population, most populous country, with a Population of China, population exceeding 1.4 billion, sli ...

, in 1996. Jing Shuping graduated from

Saint John's University St John's University may refer to: * St. John's University (New York City) **St. John's University School of Law ** St. John's University (Italy) - Overseas Campus *College of Saint Benedict and Saint John's University, St. Joseph, Minnesota and C ...

Shanghai Shanghai (; , , Standard Mandarin pronunciation: ) is one of the four direct-administered municipalities of the People's Republic of China (PRC). The city is located on the southern estuary of the Yangtze River, with the Huangpu River flowin ...

in 1939. He was Chairman of the All-China Federation of Industry and Commerce and Vice Chairman of the Chinese People's Political Consultative Conference 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 group. Jing founded Minsheng Bank in 1996. He resigned as chairman 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 clients (individuals or corporations) about their legal rights and responsibilities, and to ...

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 ran ...

and accounting firm since the 1949

Chinese Revolution The Chinese Revolution can refer to: *1911 Revolution or Xinhai Revolution: the October 10, 1911 uprising against the Qing Dynasty and establishment of the Republic of China in 1912. *Second Revolution (Republic of China), the 1913 rebellion against ...

. Jing Shuping died on September 14, 2009, in

Beijing } Beijing ( ; ; ), alternatively romanized as Peking ( ), is the capital of the People's Republic of China. It is the center of power and development of the country. Beijing is the world's most populous national capital city, with over 21 ...

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