- Ningbo Commercial Group
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Ningbo Commercial Group (simplified Chinese: 宁波商帮; traditional Chinese: 寧波商幫; pinyin: Níngbō Shāng Bāng), or just simply Ningbo Group, is a general term describing the businessmen from Ningbo throughout history to the present times..
Contents
History
It's one of the "ten biggest commercial groups in Ming and Qing dynasties" in Chinese history, and it became the biggest commercial regional group of China in Late Qing Dynasty.
Ningbo is well known for its tough (hardworking) traders. In Ming and Qing Dynasties, many Ningbo traders were active nationally and even abroad. In late Qing Dynasty and ROC period, China was first time industrialised and many pioneer industrialists and entrepreneurs came from Ningbo.
Contributions
In the late Qing Dynasty, China started its nationwide industrialisation under western influence, and many Ningbo industrialists and entrepreneurs made great contributions to this change.
Notable people
Ming & Qing Dynasties:
- Yue Xianyang and his family (founder of Tong Ren Tang)
Hong Kong
- Sir Run Run Shaw (Hong Kong media mogul, co-founder of Shaw Brothers Studio, chairman of Television Broadcasts Limited)
- Sir Yue-Kong Pao (founder of Bergesen Worldwide)
- Tung Chao Yung (founder of Orient Overseas Container Line)
- Chen Din Hwa (Hong Kong industrial tycoon)
- Chao Kuang Piu (Hong Kong industrial tycoon)
- David Shou-Yeh Wong (founder and chairman of Dah Sing Bank Limited)
- Deacon Chiu (aka Yau Tak Kan; former chairman of Asia Television Limited)
- Henry Fan Hung-ling (Managing Director of CITIC Pacific Limited, a Deputy Chairman of Cathay Pacific Airways Limited, Chairman of the executive committee of Dragonair)
Taiwan
- Morris Chang (founder and Chairman of TSMC)
- Ing Chang-ki (founder of Ing Cup)
Mainland China
- Ding Lei (founder and CEO of NetEase)
- Xu Lihua (founder of Ningbo Bird)
- Bao Yueqiao (computer programmer/entrepreneur)
USA
- Alfred Chuang (founder and CEO of BEA Systems)
- Min Zhu (co-founder, former president and chief technical officer of WebEx)
- William Mow (founder of Bugle Boy)
See also
- Economy of the People's Republic of China
- Economic history of China (Pre-1911)
- Economic history of Modern China
References
Categories:- Economic history of China
- Economy in Ningbo
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