Yin Mingshan
Encyclopedia
Yin Mingshan is 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. He is the chairman of Lifan Industrial Corporation
Lifan
Lifan Group, or Lifan Industry Company is a privately owned Chinese motorcycle and automobile manufacturer. Automobile manufacture only began in 2005, with license built microvans and a small sedan developed by Lifan themselves....

, vice chairman of the Chinese civil association and the Chamber of Commerce, president of the Chinese motorcycle manufacturers. Upon the arrival of economic reforms
Economy of the People's Republic of China
The People's Republic of China ranks since 2010 as the world's second largest economy after the United States. It has been the world's fastest-growing major economy, with consistent growth rates of around 10% over the past 30 years. China is also the largest exporter and second largest importer of...

 in China and the opening up to first provincial-level officials of the Central Committee of the Communist Party of China
Central Committee of the Communist Party of China
The Central Committee of the Communist Party of China is the highest authority within the Communist Party of China. Its approximately 350 members and alternates are selected once every five years by the National Party Congress....

, he took the leadership of the country's private entrepreneurs. In 2001, he ranked number 96 of China's 100 wealthiest people.

Early life

During the Cultural Revolution
Cultural Revolution
The Great Proletarian Cultural Revolution, commonly known as the Cultural Revolution , was a socio-political movement that took place in the People's Republic of China from 1966 through 1976...

 in China, Yin spent 20 years in labour camps as a punishment for his capitalistic tendencies. After his release he joined a publishing house.

Lifan Group

In 1992, Yin Mingshan invested 200,000 Yuan
Chinese yuan
The yuan is the base unit of a number of modern Chinese currencies. The yuan is the primary unit of account of the Renminbi.A yuán is also known colloquially as a kuài . One yuán is divided into 10 jiǎo or colloquially máo...

 to found a motorcycle workshop which would become today's Lifan Group.

In 2007, the Lifan Group had realised sales of 12.16 billion yuan
Yuan
Yuan may refer to:* Chinese yuan, the basic unit of currency in China** Renminbi, the current currency used in the People's Republic of China, whose basic unit is Yuan...

, with an engine production and sales volume of 3.06 million to Taiwan. With those exports worth US$409.6 million, the company had reached the country's top position among privately owned firms.

Awards and charities

Since 1992, Yin has donated a total of 6,413 million to the community of Lifan. From 1994 to 2003, Yin Mingshan was awarded several "Outstanding Entrepreneur" titles for establishing 10 high-tech zones in Chongqing.

Other awards include:
  • 1999: "Re-Employment Star"
  • 2000
    • "Bauhinia Cup of Entrepreneurs" honorary title of the year by Hong Kong Polytechnic University
      Hong Kong Polytechnic University
      The Hong Kong Polytechnic University specialises in professional education in Hong Kong. The University’s teaching units are grouped under six faculties and two schools; the Faculty of Applied Science and Textiles, Faculty of Business, Faculty of Construction and Environment, Faculty of...

      , the National Association of Industry and Commerce;
    • Chinese General Chamber of Commerce award
  • 2001
    • "Revitalization of Chongqing Contribution Award Winning Glory"
    • The Central Committee of the Communist Party of China
      Central Committee of the Communist Party of China
      The Central Committee of the Communist Party of China is the highest authority within the Communist Party of China. Its approximately 350 members and alternates are selected once every five years by the National Party Congress....

       United Front and China Association for Promoting the Guangcai Programme awarded an honourable cause Medal
  • 2002
    • April: For "outstanding contributions and quality management" Yin won the "2002 Outstanding Contribution to the National Quality Management Award"
    • December: The National Association of Industry and Commerce, the China Federation of Trade Unions jointly awarded the "Best Care for Employees of Private Entrepreneurs" title and moreover the CPC Central Committee United Front Work Department of Five ministries awarded him the tile of "Outstanding Builder of the Socialist Cause with Chinese Characteristics".
  • 2005: Yin Mingshan was awarded the "China Charity Award" by the Ministry of Civil Affairs and China Charity Federation, becoming the only winner among the Chongqing municipal entrepreneurs.

On 28 December 2007, Yin Mingshan became chairman of the "Glory of China's Top 10 Personalities."

Yin Mingshan was repeatedly met and praised by party and state leaders Hu Jintao
Hu Jintao
Hu Jintao is the current Paramount Leader of the People's Republic of China. He has held the titles of General Secretary of the Communist Party of China since 2002, President of the People's Republic of China since 2003, and Chairman of the Central Military Commission since 2004, succeeding Jiang...

, Wu Bangguo
Wu Bangguo
Wu Bangguo is a high-ranking politician in the People's Republic of China. He is currently Chairman and Party secretary of the Standing Committee of the National People's Congress, a position that makes him China's chief legislator...

, Wen Jiabao
Wen Jiabao
Wen Jiabao is the sixth and current Premier and Party secretary of the State Council of the People's Republic of China, serving as China's head of government and leading its cabinet. In his capacity as Premier, Wen is regarded as the leading figure behind China's economic policy...

, Wu Yi
Wu Yi
Wu Yi was one of four Vice Premiers of the State Council of the People's Republic of China, overseeing the country's economy until March 2008. Known as the "iron lady", Wu is one of the toughest negotiators in China's government.-Biography:...

, Li Peng
Li Peng
Li Peng served as the fourth Premier of the People's Republic of China, between 1987 and 1998, and the Chairman of the Standing Committee of the National People's Congress, China's top legislative body, from 1998 to 2003. For much of the 1990s Li was ranked second in the Communist Party of China ...

 and Zhu Rongji
Zhu Rongji
Zhū Róngjī is a prominent Chinese politician who served as the Mayor and Party chief in Shanghai between 1987 and 1991, before serving as Vice-Premier and then the fifth Premier of the People's Republic of China from March 1998 to March 2003.A tough administrator, his time in office saw the...

.
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