Wang Guangying was a Chinese entrepreneur and politician. He was one of the most prominent "red capitalists", a title bestowed on him by Premier Zhou Enlai. He founded Modern Chemical Works in the 1940s and served as Founding Chairman of China Everbright Group in the 1980s.
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About this person
Wang Guangying was a Chinese entrepreneur and politician. He was one of the most prominent "red capitalists", a title bestowed on him by Premier Zhou Enlai. He founded Modern Chemical Works in the 1940s and served as Founding Chairman of China Everbright Group in the 1980s. His sister Wang Guangmei was the wife of President Liu Shaoqi, and for that connection he was persecuted and imprisoned during the Cultural Revolution, when Liu was ousted by Chairman Mao Zedong. Wang was rehabilitated after Mao's death and served as Vice Chairperson of the Chinese People's Political Consultative Conference (CPPCC) and Vice Chairperson of the National People's Congress (NPC).
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