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Ren Zhiqiang
Chinese businessman

Ren Zhiqiang

The basics

Quick Facts

Intro
Chinese businessman
Places
Work field
Gender
Male
Place of birth
Shandong, People's Republic of China
Age
73 years
Family
Father:
Ren Quansheng
Ren Zhiqiang
The details (from wikipedia)

Biography

Ren Zhiqiang (Chinese: 任志强; born 8 March 1951) is a Chinese former real estate tycoon, a member of the Beijing Municipal Committee of the Chinese People's Political Consultative Conference, and a blogger on Sina Weibo with more than 37 million followers. Nicknamed "Big Gun Ren", he is known for his outspoken criticism of the Communist Party.

Career

Ren Zhiqiang was born in Shandong Province on 8 March 1951. His father, Ren Quansheng (任泉生; 1918–2007), served as China's Vice Minister of Commerce, and his mother was a municipal official in Beijing. He studied at Beijing No. 35 Middle School. Ren's parents were persecuted during the Cultural Revolution, and he went to the countryside of Yan'an to work as a sent-down youth in 1968. A year later, he enlisted in the People's Liberation Army, serving as a military engineer in the 38th Army, and later a platoon leader.

Ren left the army in 1981 and became deputy general manager of Beijing Yida. In 1984 be joined Beijing Huayuan Group Corporation as a department head. He was imprisoned in September 1985, but was released 14 months later without being convicted of any crime. According to his long-time colleague, the reason for his imprisonment was because he had offended the head of the audit department of Beijing's Xicheng District. Ren became vice president of Huayuan Corporation in 1988, and President in 1993. In 2004 he became a Director of the Bank of Beijing Co., Ltd, and in 2007 Chairman of Beijing Huayuan Property Co., Ltd. He holds a Master of Laws degree from Renmin University of China.

In 2010 China Daily reported that Ren, as chairman of Huayuan Real Estate Group, was paid the highest salary of anyone in the 258 listed companies that had filed annual reports. His salary was reportedly 7.07 million yuan ($1.04 million). He resigned as head of the property company in 2014.

Controversies

Ren is known for his outspoken criticism of Communist Party and government policies. As a property tycoon with forthright views he has been called "China's Donald Trump". On 7 May 2010 a protester threw a shoe at him. In November 2013 he threatened to sue the state broadcasting company China Central Television (CCTV) after it reported that Huayuan Real Estate owed 54.9 billion yuan in unpaid tax, and in January 2014 he referred to CCTV as "the dumbest pig on earth". In September 2015 he caused online controversy in China with a Weibo post criticising the Communist Youth League of China, the youth wing of the Communist Party.

In 2016, he openly challenged President Xi Jinping's view that government media should toe the Party line. After Xi made an inspection tour of CCTV on 19 February 2016 during which journalists displayed a banner reading "CCTV's surname is the Party. We are absolutely loyal. Please inspect us", Ren posted on Weibo: "When does the people’s government turn into the party’s government? [Are the media] funded by party membership dues? Don’t waste taxpayers’ money on things that do not provide them with services." The tweet was subsequently deleted, but on 22 February 2016 state-affiliated media accused Ren of advocating the overthrow of the Communist Party. On 28 February, Ren's weibo accounts were blocked by the Cyberspace Administration of China (CAC), for "spreading illegal information", cutting Ren off from an estimated 37 million web followers. A day later, the Xicheng District CPC Committee, where Ren's party membership is registered, vowed to punish him under party rules. On 2 May 2016, Ren was placed one-year probation within party.

The contents of this page are sourced from Wikipedia article. The contents are available under the CC BY-SA 4.0 license.
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