In May, 1954, Rong Yiren responded to the call of China * * and the government, and proposed to implement public-private partnership with Rongshi enterprises such as Shenxin Textile Company, which played a leading role in completing the socialist transformation of capitalist industry and commerce, made important contributions to the industrial revitalization of new China, and won universal respect, and was called "red capitalist". In 1956, during the socialist transformation of capitalist industry and commerce, Rong Yiren took the lead in taking out all enterprises and establishing joint ventures with the state. In 1959, in order to give full play to Rong Yiren's expertise, the Central Committee transferred him as the Deputy Minister of Textile Industry.
In Life, it is said that he firmly supported and consciously accepted the leadership of China's * * * production party and supported socialism. Life revealed that on July 1st, 1985, Rong Yiren gloriously joined the China * * * production party and became the outstanding party member of the China * * * production party, realizing his long-cherished wish.
Rong Yiren is the founder of China International Trust and Investment Company. In October 1979, with the approval of the Central Committee, China International Trust and Investment Company was formally established, with Comrade Rong Yiren as the chairman and general manager. He has the courage to innovate, learn from the effective practices of developed countries in developing the economy, combine with the reality of China, extensively carry out economic and technological cooperation between China and foreign countries, introduce capital and technology, set up industries in China, carry out businesses such as finance, technology, trade, real estate, economic consulting, satellite communication, etc., and choose overseas investment and issue bonds, which has become the first in many business fields in China, and built CITIC Company into a comprehensive multinational enterprise group for the country's socialist modernization.
Life also introduces that Rong Yiren is an outstanding social activist and an outstanding national leader. During his tenure as the leader of the National People's Congress and Chinese People's Political Consultative Conference, he took an active part in the political life of the country and participated in the consultations on the major policies of the party and the country. He went deep into the grass roots and the masses, inspected industry, agriculture, state-owned enterprises and private, joint ventures and cooperative enterprises, and put forward many important opinions. During his tenure as Vice President, he attended various important state affairs activities, met with foreign leaders and important diplomatic envoys, visited the United States, Britain, Japan, Portugal, Spain, Myanmar and other countries, and forged deep friendship with leaders of many countries and celebrities in business circles. He firmly supported and conscientiously implemented the principle of "one country, two systems" and actively put forward opinions and suggestions for the drafting of the Basic Law during his tenure as a member of the Basic Law Drafting Committee of the Hong Kong Special Administrative Region. He has made outstanding contributions to establishing a socialist legal system with Chinese characteristics, upholding and improving the system of people's congresses, upholding and improving the system of multi-party cooperation and political consultation led by the China Producer Party, consolidating and developing the patriotic United front, and rejuvenating the reunification of China and the motherland.
At the end of Life, he spoke highly: "Comrade Rong Yiren's life is a great and glorious life, a life of patriotic struggle, and a life of selfless dedication to China's socialist construction. ",and said," his death is a great loss for our party and country. His lofty character and unswerving spirit of struggle will always be worth learning and remembering! "