Shi Dahua (born 1951, zh, 石大华) is a former

state-owned enterprise A state-owned enterprise (SOE) is a business entity created or owned by a national or local government, either through an executive order or legislation. SOEs aim to generate profit for the government, prevent private sector monopolies, provide goo ...

(SOE) executive and the chairman and

Chinese Communist Party Committee Secretary A Party Committee Secretary () is the leader of the Chinese Communist Party (CCP) organization in a province, city, village, or other administrative unit. In most cases, it is the ''de facto'' highest political office of its area of jurisdictio ...

China Railway Engineering Corporation The China Railway Engineering Corporation (CREC) is a state-owned holding company of China, which is under the supervision of the State Council. The company is the major shareholder of China Railway Group Limited (CRGL), its subsidiary. CREC i ...

(CREC).

Biography

Shi Dahua was born in 1951 in

Hubei Hubei is a province of China, province in Central China. It has the List of Chinese provincial-level divisions by GDP, seventh-largest economy among Chinese provinces, the second-largest within Central China, and the third-largest among inland ...

. At age 17, he joined the

People's Liberation Army The People's Liberation Army (PLA) is the military of the Chinese Communist Party (CCP) and the People's Republic of China (PRC). It consists of four Military branch, services—People's Liberation Army Ground Force, Ground Force, People's ...

, in which he served for more than ten years. He then began working at the

Ministry of Railways A Ministry of Railways is a Cabinet department that exists or has existed in many Commonwealth states as well as others. It generally occurs in countries where railroad transportation is a particularly important part of the national infrastructure ...

and earned a university degree in engineering management. Beginning in 1995, he served on the

Chinese Communist Party The Communist Party of China (CPC), also translated into English as Chinese Communist Party (CCP), is the founding and One-party state, sole ruling party of the People's Republic of China (PRC). Founded in 1921, the CCP emerged victorious in the ...

(CCP) committee for China Railway Construction and then on the CCP committee of CREC in 1997. In 2006, Shi became the chairman and CCP Committee Secretary of CREC. Shi oversaw limited diversification of CREC's core business (constructing transportation infrastructure and municipal projects) into the related areas of real estate, trade, and logistics. During Shi's tenure, CREC transferred, restructured, or sold, almost 100 subsidiaries unrelated to its core business. As part of its limited diversification, CREC created the subsidiary China Railway Real Estate Group. CREC focused primarily on China's domestic market, but Shi increased its international business as well. During Shi's tenure, CREC acquired 22 railway construction SOEs. These acquisitions increased CREC's assets by 25%. In 2007, CREC created the subsidiary

China Railway Group Limited China Railway Group Limited, known as CREC (the acronym of its predecessor and parent company China Railway Engineering Corporation), is a Chinese construction company which is traded on the Shanghai and Hong Kong stock exchanges. The major sha ...

and listed some of its shares for sale on the

Hong Kong stock exchange The Stock Exchange of Hong Kong (, SEHK, also known as Hong Kong Stock Exchange) is a stock exchange based in Hong Kong. It is one of the largest stock exchanges in Asia and the List of major stock exchanges, 9th largest globally by market ...

and the

Shanghai stock exchange The Shanghai Stock Exchange (, SSE) is a stock exchange based in the city of Shanghai, China. It is one of the three stock exchanges operating independently in mainland China, the others being the Beijing Stock Exchange and the Shenzhen Stock ...

the next year. Shi was an alternate to the

17th Central Committee of the Chinese Communist Party The 17th Central Committee of the Chinese Communist Party was elected by the 17th National Congress of the Chinese Communist Party, 17th Congress on 21 October 2007, and sat until the 18th National Congress of the Chinese Communist Party, 18th Nat ...

. In 2010, Shi was appointed to the

State-owned Assets Supervision and Administration Commission The State-owned Assets Supervision and Administration Commission of the State Council (SASAC) is a special commission of the State Council of the People's Republic of China. It was founded in 2003 through the consolidation of various other indus ...

's (SASAC) board of supervisors and left CREC. In November 2014, the State Council dismissed Shi Dahua from his position as chairman of the .

References

{{Reflist 1951 births Alternates of the 17th Central Committee of the Chinese Communist Party Living people

Biography

See also

References