# State-owned Enterprises

The Master of the Middle Ground: The Legacy of Rong Yiren and the Evolution of Chinese Capitalism

This article examines the life of Rong Yiren, the 'Red Capitalist' who founded CITIC and served as China's Vice President, highlighting his role as a crucial mediator between the Communist Party and global markets. It explores his strategic contributions to China's economic reform and his legacy as a symbol of the country's pragmatic integration of capitalism and socialism.