Jing Shuping was a Chinese

China

Chinese civilization may refer to:* China for more general discussion of the country.* Chinese culture* Greater China, the transnational community of ethnic Chinese.* History of China* Sinosphere, the area historically affected by Chinese culture...

 businessman who founded the Minsheng Bank, the first privately owned bank to open in the Communist People's Republic of China

People's Republic of China

China , officially the People's Republic of China , is the most populous country in the world, with over 1.3 billion citizens. Located in East Asia, the country covers approximately 9.6 million square kilometres...

, in 1996.

Jing Shuping graduated from the former Saint John's University

Saint John's University, Shanghai

St. John's University was an Anglican university located in Shanghai, China. Before the Chinese Civil War it was regarded as one of the most prestigious universities in Shanghai and China...

 in Shanghai

Shanghai

Shanghai is the largest city by population in China and the largest city proper in the world. It is one of the four province-level municipalities in the People's Republic of China, with a total population of over 23 million as of 2010...

 in 1939. He was Chairman of the All-China Federation of Industry and Commerce

All-China Federation of Industry and Commerce

The All-China Federation of Industry and Commerce is a non-governmental chamber of commerce, established in 1953 as a successor to the chambers of commerce that were first founded during the Qing Dynasty...

 and Vice Chairman of the CPPCC until 2002, and held the rank of a national leader of China

Political position ranking of the People's Republic of China

The political ranking of the People's Republic of China is the ranking of political leaders in China, by order of presumed political power. Although there is no formally published ranking, there is usually an established convention and protocol, and the relative positions of Chinese political...

. He also became a director within the China International Trust and Investment Corp, which is now known as the CITIC Group, the Chinese government's state-owned investment

Investment

Investment has different meanings in finance and economics. Finance investment is putting money into something with the expectation of gain, that upon thorough analysis, has a high degree of security for the principal amount, as well as security of return, within an expected period of time...

 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

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 about their legal rights and responsibilities, and to represent clients in civil or criminal cases, business transactions, and other...

, consulting firm and accounting firm since the 1949 Chinese Revolution.

Jing Shuping died on September 14, 2009, in Beijing

Beijing

Beijing , also known as Peking , is the capital of the People's Republic of China and one of the most populous cities in the world, with a population of 19,612,368 as of 2010. The city is the country's political, cultural, and educational center, and home to the headquarters for most of China's...

at the age of 91.