Sheng Xuanhuai
| Sheng Xuanhuai | |
|---|---|
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| President of Beiyang University | |
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In office 1895-1896 |
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| Succeeded by | Charles Daniel Tenney |
| President of Nanyang Public School | |
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In office 1896-1905 |
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| Succeeded by | He Zhi |
| Personal details | |
| Born | 4 November 1844 |
| Died | 27 April 1916 (aged 71) |
| Sheng Xuanhuai | |||||||||
| Traditional Chinese | 盛宣懷 | ||||||||
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| Simplified Chinese | 盛宣怀 | ||||||||
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| Transcriptions | |
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| Standard Mandarin | |
| Hanyu Pinyin | Shèng Xuānhuái |
| Wade–Giles | Sheng Hsüan-huai |
Sheng Xuanhuai (November 4, 1844—April 27, 1916) was the Minister of Transportation of the Qing Empire. He was also known as Sheng Gongbao (Chinese: 盛宫保; pinyin: Shèng Gōngbǎo).
Sheng was born into a family of officials, and was the eldest of six children. Sheng's father was also a close friend of General Li Hongzhang. In 1870, Li appreciated Sheng's talent, employed him as his aide and soon became his chief economic deputy. Sheng recommended that Li build more merchant ships in order to fund the military ships that the Qing government needed. Sheng's suggestion was accepted and from then on Sheng became well known for his career in ship building.
Taking active part in the Self-Strengthening Movement, He actively advocated using Western technology in saving the country from destitution. His influence was mainly felt in the southern part of China, specifically in Shanghai. By 1893, Sheng controlled China Merchants' Steam Navigation Company, established the Imperial Telegraphy Administration and created first successful cotton mill in China. In 1896, he took over the Hanyang ironworks and related mines, along with control of the newly created imperial railway administration.
In 1895, he founded Beiyang University, the first institution of modern higher education in China. In 1896, he also founded the forerunner of Jiaotong University, which was later divided into Shanghai Jiaotong University and Xi'an Jiaotong University. He also created eleven "first", including the first modern bank, first telegraphy company, the first iron and steel joint enterprise....
In 1897, official Sheng founded the Imperial Bank of China, the first Chinese owned commercial bank modeled on the Western banking system. The bank was headquartered in Shanghai and had the authority to issue notes from the Qing government.
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Wikipedia