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    Secret Family History Of China'S Seven Major Political And Economic Circles

    2011/5/10 15:32:00 177

    Family History Of The Rich And Powerful In Political And Economic Circles

    Human society has always had great interest in the rich.

    I am always interested in exploring the life of the rich.

    Here are the ten leading political and economic circles in China.

    Volvo

    Family history.


      

    The first Rong family



    Rong Yiren, Larry Yung Chi Kin, father and son


    Rong family is the first household of Chinese national capitalists.

    consortium

    Only one of them.

    Mao Zedong once said so.


    The king of flour, the king of cotton yarn, the red capitalist and the richest man in China.

    Over the past hundred years, the Rong family has never been short of such trump card, and they have gained a higher voice in politics.

    This is especially reflected in the second generation of Rong Yiren.


    Family founder


    Rong Jia Zu has been a high-ranking official and distinguished family.

    Rong Yiren's grandfather Rong Xi Tai has two sons, the eldest son Rong Zhong Jing and second son Rong Desheng.

    In the early twentieth Century, the brothers created second modern times in the history of Wuxi.

    enterprise

    Baoxing flour mill has taken a decisive step in the cause of the Rongshi family.


    During the 8 years from 1914 to 1922, the flour industry of Rong house developed rapidly, and its output accounted for 29% of the total flour output at that time, and the workshop was spread from East China to all parts of the country.

    This high speed is very rare in China and even in the history of world industry.


    The second generation: Red capitalists


    In November 1948, Rong Hongyuan, the eldest son of Rong Chung Jing, went to Hongkong to set up a Tai Yuan cotton mill.

    His brother Rong Hongsan, Rong Hongqing and Rong De Sheng's son Rong Erren, Rong Yanren and so on also left Shanghai.

    Rong Desheng and Rong Yiren decided to stay on the mainland again and again.


    After the liberation of Shanghai, the state gave full support to Rongshi enterprises. In 1954, Rong Yiren first proposed to the Shanghai municipal government to implement the joint operation of public and private industries. This move played a positive role in the pformation of Shanghai's private industry and commerce.


    In the Rong family, Rong Yiren's generation is not very active. Only one of Rong Hongqing, the youngest son of Rong Chung Jing, is currently the chairman of Taiwan Shanghai commercial savings bank.


    Wise men are all business leaders.


    The same generation of Larry Yung Chi Kin not only has a large number of people, but most of them have a successful career and enjoy a high social status overseas. They have become the backbone of inheriting the glory of the family and extending the glory of the honours business.


    Beyond Larry Yung Chi Kin, the most successful Rong Zhixin in his intellectual career was Rong Desheng, the father of Rong Weiren.

    In 1975, Rong Zhixin invested 2 million HK dollars to set up RONG Wen Technology Co., Ltd., which was listed in Hongkong in July 1982.

    Rong Zhixin's second sister, Rong Chi Mei, was formerly a manager of the German Niko company, and was known as a strong German businesswoman.


    Rong Zhikuan, the second son of Rong Yiren's second brother Rong Ren, is president of Brazil global company and has high prestige in Brazil business community.

    Rong Yiren's nephew Sam Zeng Lu, who has been engaged in nuclear energy research in the United States for a long time, is a world-renowned nuclear energy expert.


    Hope for the fourth generation


    Most of the intellectuals came into their old age. The third generation of Rong family was faced with the problem of establishing successors.


    Now, only the descendants of the fourth generation of Rong family business are Larry Yung Chi Kin's descendants. On the list of CITIC Pacific Management, Larry Yung Chi Kin's eldest son Rong Mingjie and his only daughter, Rong Ming Fang, are among them.


    Rong Zhixin's son RONG Wen Yuan, like Rong Mingjie, has a business talent and ambition with him. He is not only executive director of Founder Digital, but also controls many companies such as Hao Rong and Rong Wen founded by Rong Zhixin.


    Both Rong Mingjie and Rong Wenyuan are expected to become the two new stars of the fourth generation of the Rong family.

    {page_break}


      

    The second Li Jiacheng family: the myth of the real estate industry




    Li Jiacheng


    From salesman to general manager


    In 1940, when the Japanese army invaded China, Li Jiacheng fled to Hongkong with his parents from his hometown, Chaozhou, when he was fourteen years old.

    Li Jiacheng, the eldest son, gave up his studies to support his family and went to work in a watch company. Later he went to a plastic factory as a salesman.

    Relying on diligence and flexibility, Li Jiacheng took only one year to become the highest salesman in the factory.

    At the age of eighteen, he was appreciated by his boss and promoted to department manager.

    A year later, he became the general manager of a sales company.


    The first storm of the Yangtze River


    In 1950, Li Jiacheng, twenty-two, resigned from the position of general manager and tried to start his own business.

    He patrolled over 50000 HK dollars and set up a factory for producing plastic toys and household products, and named the factory name as the Yangtze River.


    At first, Li Jiacheng kept receiving orders and shipping, ignoring quality control, resulting in poor products.

    The result is not delayed delivery time, that is, causing returns and compensation. Factory revenues suddenly plummet and are pushed to the brink of bankruptcy.


    In order to get out of the difficult position, Li Jiacheng traveled across many banks, raw materials suppliers and customers, apologizing one by one, asking them to relax the repayment period, and trying their best to find customers for goods.

    By 1955, the debt platform was finally demolished, and business grew better and entered a stage of rapid growth.


    Investment in real estate industry


    After five years of entrepreneurship, the Yangtze River has gradually become one of the largest plastic flower factories in the world.

    And the owner of the plant that Li Jiacheng hired took the opportunity to raise the rent substantially, which contributed to Li Jiacheng's determination to build his own property.


    In 1958, he invested in the site of King's road, North Point, and built a twelve storey Arts crafts emporium, leaving several layers of private use to rent out the remaining units.

    Hongkong property prices rose at this time.

    Li Jiacheng began investing in the real estate market.


    In the middle of 60s, real estate in Hongkong went through a frenzy of speculation.

    Li Jiacheng has the eye to buy land and old buildings with low price.

    In less than three years, the storm subsided and a large number of departing businesses returned, and property prices soar.

    Li Jiacheng took advantage of the opportunity to sell profits from cheap acquisitions, and to turn to buildings and land with potential for development.


    In the early 70s, he had a total area of six million and three hundred thousand square feet, and the real estate business was beginning to take shape.


    In June 1971, Li Jiacheng formally established the Changjiang Real Estate Co., Ltd., which is responsible for real estate business.


    By 1980, Chang Shi held more than forty percent shares of Huang and Li Jiacheng became chairman of the yellow board.

    At this point, Li Jiacheng sat on the leading position of Hongkong real estate, and Li Chaoren's nickname spread like wildfire.


    Family industry


    In early two, Li Jiacheng's second son Richard Lee won the control of Hongkong Telecom, the largest telecommunications company in Hongkong.

    Tom.com is listed on the growth enterprise market, the acquisition of Rotterdam European combined terminal with Huang international port, acquisition of Orange (British mobile phone communication company), MMN Telecom (Germany's largest mobile phone operator) and Vodafone (one of the largest Cell Phone Corps in the world).

    {page_break}


      

    Third Liu family: Hope Group



    Liu Yonghang and his brothers


    In 1982, Liu's brothers sold their watches and bicycles together, making up 1000 yuan for their fortune. They became the first batch of specialized farmers after the rural reform.


    In 1989, after the new pig feed was developed jointly by Liu Yonghang and Chen Yuxin, the Liu's industry was pferred again. They killed all 100 thousand quails, and raised the Liu's family with the hope brand feed.


    In 1992, Liu brothers' industry broke out for the first time.

    Liu's industry has been divided into three areas: Liu Yongyan, the elder, and the high-tech industry; Chen Yuxin, the third generation, is responsible for the operation of the existing industry (including Xinjin feed farm and feed Research Institute), and the development of real estate. Liu Yonghao is following his brother to develop branches and build feed farms.


    In 1996, Liu Yonghao set up a new hope group and listed A shares in Shenzhen Stock Exchange in 1998.


    In 1996, Liu Yonghao initiated the establishment of Minsheng Bank and vice chairman.


    In April 2000, Liu Yonghao bought the company and formally entered the IT industry.


    The change of fortune two family in China


    In the July 21, 1997 list of the world's richest men, Forbes magazine recognized the strength of Liu's brothers.

    Liu Yonghang became the representative of the Liu brothers. In the 500 richest men in the world, Liu brothers' wealth was 219th.

    However, in the first two years of the rankings, Liu Yonghao has always been a representative of Liu brothers.


    Just when Forbes selected Liu Yong's representative personas, Liu Yonghang replaced Liu Yonghang as the legal representative of hope group.

    In fact, as early as June 1996, the board of directors of the hope group decided to change the legal representative.


    This is not a voice, but also an insider of the Liu family. This is because before the change, Liu Yonghao had a request: after Liu Yonghang was appointed as the legal representative, he would not advertise outside.


    Set up new hope


    At the beginning of 1997, Liu Yonghao was founded on the basis of Southern Co's enterprises and 10 enterprises as the main body. The first hope of the three class companies of the hope group is to actively prepare to issue shares on the stock market in Shenzhen.

    Liu Yonghao's intention is to speed up the pition from traditional family enterprises to modern enterprise systems and become socialized joint-stock companies.


    In order for the new hope group to go on the market, Liu Yonghao, the 4th year old, began to launch a large-scale publicity. The new hope suddenly had four fame.

    In the publicity of new hope, some vague concepts are left to the public. The new hope becomes the development and Transcendence of hope group, and the combination of new hope and hope group's assets and profitability.

    The three brothers thought it was wrong.


    In early November 1997, the hope group announced that it hoped that the group would have 4 two tier companies, and the new hope group only wanted a branch structure of Southern Co under the group.

    This is the first time Liu brothers have declared to the public that the hope group is no longer a traditional family business, and it already has the embryonic form of a modern enterprise with clear property rights and distinct responsibilities.


    Separation and integration


    In terms of ethical judgement, Liu brothers set up their own doors.

    People always say: blood is thicker than water, but now it becomes a brother, and accounts for two.


    Liu brothers acknowledged the positive significance of separation: the pformation from traditional family businesses to modern enterprises.

    All brothers claim that this is an active choice as well as a rational choice.

    {page_break}


      

    The fourth Wang Yongqing family: "the God of management"



    Wang Yongqing's two room children's and family's group photo, front row right is Wang Guiyun.


    Since the establishment of Formosa Plastics Group, the most important personnel change has been Wang Yongqing, who has been chairman of Formosa Plastics Group for half a century. The position was replaced by Li Zhicun, former general manager of Formosa Plastics, and Wang Wenyuan, the eldest son of Wang Yongqing's younger brother Wang Yong, was promoted to the presidents.


    In the future, Formosa Plastics Group will enter the Tongzhi era jointly managed by professional managers and second generations of Wangs.


    From the little shop owner to the plastic king.


    In 1917, a farmer in Xin Dian, Taipei County, was delighted to add new figures. This was Wang Yongqing, who was later regarded as the God of management.


    At the age of 16, Wang Yongqing began to open the rice shop as a boss.

    Over the past few years, the business of rice store is booming, and Wang Yongqing has completed the primitive accumulation of capital.


    After the victory of the war of resistance against Japan, Taiwan's economic development and construction industry had the best momentum.

    Wang Yongqing seized the opportunity to run the timber business and made a good profit.

    The son of an ordinary farmer became a local businessman.


    In the early 50s of last century, the Taiwan industrial administration launched a series of industrial development plans, including the use of American aid to build PVC, the basic raw material of petrochemical industry.

    Wang Yongqing, 38 years old, boldly took over the project and established the Taiwan plastics industry Limited by Share Ltd.

    After that, Wang Yongqing, who has been a great success in the field of plastics, has set up a large number of enterprises such as South Asia plastics factory and Taiwan chemical fiber industry company.


    At present, the Formosa Plastics Group has a very wide scope of operation. The unique enterprise group in Taiwan has 9 companies, with a total number of employees exceeding 70 thousand, with a total assets of 1 trillion and 500 billion NT dollars, becoming the leader of Taiwan's business groups.

    Wang Yongqing also boarded Forbes's top list of rich people for $5 billion 400 million.


    The God of management advocates simple outlook on life


    For decades, the global chemical industry has always regarded Wang Yongqing as the God of business, and its management is highly respected. Many entrepreneurs in Taiwan regard Wang Yongqing's management experience as the most practical textbook.


    Wang Yongqing summed up a set of practical theories from many years of management practice. The most penetrating one is the two magic weapons of stress management and reward management.


    In his summing up of his successes, Wang Yongqing said he believed that the most effective and meaningful way was to choose to pursue greater contributions as the goal of an enterprise.

    He said: "I am not only competing with others, but also strict and strict with myself.


    Dragon brother, tiger brother, red flower and green leaf.


    Wang Yong is five years younger than his brother Wang Yongqing, and former vice chairman of Formosa Plastics Group. He is the longest career partner with Wang Yongqing.

    Two decades of cooperation have come together and complement each other.


    This relationship between brothers and family unity is the driving force for the sustained and rapid development of Formosa group.


    Who will open the post Wang Yongqing era?


    As Wang Yongqing and Wang Yong fade away from the decision-making level in the two brothers, the Formosa Plastics Group will pition from the two kings era to the collective leadership era of the administrative center. In the future, major decisions will be made free of Wang Yong, the administrative center of the seven people, including the eldest son Wang Wenyuan, Wang Yongqing's Queen Ruihua and so on.


    In the current decision-making level, Wang Wenyuan, who is highly regarded as chairman of the textile industry association, chairman of the plastic raw materials Association of Taiwan, and chairman of the association of human resources in the District of Shanghai, is a leader in the second generation leading group of Formosa Plastics.

    Wang Ruihua, who served as vice president, lived in the United States for many years. He was regarded as an overseas substitute for his father Wang Yongqing. He was steady and restrained, and his work ability and manner were well received by his employees.


    Another analysis pointed out that Wang Yongqing brothers appreciates the Locke Fil family in the United States, hoping to follow the Locke Fil family's practice of property trust, so as to ensure that the two brothers' shares will never be separated and the Wang family will never collapse.

    In the future, the operation rights of the companies in the Formosa Plastics Group are mainly assigned to the professional management team, and the actual owners will be the Wang Yongqing two brothers' donation foundation and the family related legal person organization.

    {page_break}


    The fifth Bao Yugang family: the dream of "ship king"



    Bao family and district leaders take a group photo.


    Bao Yugang was born in 1918 in Ningbo, Zhejiang. His father, Bao Zhaolong, is a businessman in the paper making industry.

    After the victory of the war of resistance against Japan, the family moved to Hongkong, relying on a little money saved for many years to go abroad.


    At first, he worked with his father in the import and export business. After that, his father chose to run real estate, while Bao Yugang looked at the shipping industry.


    In 1955, Bao Yugang, 37, began his dream of sailing.

    After many rounds, he finally got a loan from the Bank of Japan.

    Bao Yugang made a $770 thousand trip to England and bought a second-hand ship that was powered by coal, named "Jinan".


    When Jin an sailed to Hongkong from England and passed through the India ocean, Bao Yugang had already done two things. First, the Global Shipping Group Co., Ltd. was established, and two was negotiated with a Japanese Shipping Co, subleasing Jinan to the company, and pporting coal from India to Japan.


    At that time, people from all over the world engaged in the shipping industry were using the traditional short-term rental method, that is to say, every time they run a voyage, they will settle with the Chartered boat.

    This not only has high charging standard, but also can raise the freight rate at any time.

    But Bao Yugang unexpectedly adopted a long-term rental business, that is, his boat, through the contract, for a period of 3 years, 5 years or even 10 years to rent to others, the rentals pay monthly rent, but the rent standard is much lower.

    However, in this process, Bao Yugang gradually learned the shipping business.


    Bao Yugang bought the Jinan second years, because the Suez canal was closed due to the Egyptian war, and the cost of shipping rose sharply.

    By the end of that year, Jin had earned enough money to buy 7 new ships.

    By the second half of 1957, the shipping industry was depressed, and the freight rate fell to the lowest point. Those who made short-term hire would lose their old money every day. Only Bao Yugang could secure the rent on the basis of the contract.

    Facts prove that his layman's business strategy is the best business strategy.

    People have to admit that Bao Yugang's luck and vision are first-rate.


    After this low tide, many people learned the way of Bao Yugang and began to buy old ships for a long time.

    However, Bao Yugang changed his policy and rented the new ship to others for a long time.

    Because the new ship is rented, the rent is higher than the old ship, and the old ship is used by itself, the effect is the same as the new ship.


    After the battle, HSBC began investing in Bao Yugang's Global Shipping Group Co., Ltd. in 1962. Bao Yugang's money was growing as snowball. His personal status in HSBC also rose steadily and became Vice Chairman of HSBC.


    Under the careful management of Bao Yugang, the fleet of the global company grew rapidly and reached its peak in 1980. The number of ships reached more than 200 and the total tonnage reached 20 million tons, which was larger than the total tonnage of the fleet owned by the United States and the Soviet Union.


    From the beginning of 70s, he began to land, and invested part of his fortune in the increasingly prosperous real estate industry, and also engaged in hotel and pportation.

    After painstaking efforts, we have achieved the same brilliant achievements as the sea.


    Although Bao Yu has such a prestige, he has followed his father's teachings for decades: he works down-to-earth and treats people with ease.

    {page_break}


      

    The sixth Cai Wanlin family: the richest man in Taiwan




    Cai Wancai (right) and eldest son Cai Mingzhong


    In March 1993, Taiwan's "excellence" magazine discharged Taiwan rich list, Cai Wanlin ranked first in the fortune of 140 billion yuan.

    Since 1988, Cai Wanlin's name has appeared on the list of the richest people in various magazines all over the world.

    Fortune magazine believes that he is the richest Chinese in the world, ranking the top 10 of the world's richest.


    However, the Chinese richest man has been mysterious, and all of them have aroused people's curiosity and reverie.


    Start from scratch and work hard


    Cai Wanlin was born in 1924 in Miaoli, Taiwan.

    Came from a farming farmer's home.

    The 18 year old family moved to Taipei. Cai Wanlin insisted on studying and then graduated from Taipei commercial and technical college.

    After a hard and hard struggle, after a little capital, his brother, Cai Wanchun, founded a great deal of business based on groceries, and Cai Wan Lin learned from his brother.

    By 60s, the Tsai family business has been quite large.


    A good wind can be used to establish the product of Cathay


    Cai Wanlin's birth is inseparable from his brother Cai Wanchun.

    Beginning in 60s, the national government adjusted its policy and supported by us aid, Taiwan's economy began to take off.

    Cai Wanchun established a large series of industries and accumulated a certain amount of capital. Then he set foot in department stores, building materials, plastics, construction, insurance and other industries, and began his diversified operation.

    In 1957, Cai Wanchun served as chairman of the ten letter board. He made use of the huge funds accumulated by the ten letter to further develop the financial, insurance and trust industries.

    Cathay Pacific's most important industry, Cathay Pacific, was born.


    In 1961, Taiwan officially opened the establishment of a private insurance company. Cathay Pacific began to grow and develop.


    The beginning of life insurance competition


    In March 1962, Cathay Life Insurance Co.

    At that time, Cai Wanchun was chairman and general manager, and Cai Wanlin served as managing director and vice general manager.


    When Cathay Life was set up, Taiwan life insurance was in a fierce competition.

    At this time, Cai Wanchun and Cai Wanlin brothers played their smart talents and boldly attacked. Finally, Cathay Pacific came back to the top and set Cathay Pacific's foundation and position in the financial industry.


    Business philosophy is unique.


    Cathay Pacific Construction Limited by Share Ltd since its establishment in 1964, the company's buildings throughout Taipei, Kaohsiung, Taichung and other towns.

    Because of the quality and reasonable price, the buildings are welcomed by the buyers.


    In 1981, due to the impact of the global economic downturn, the construction industry in Taiwan was in a depression. But Cai Wanlin took the opportunity to take advantage of the preferential purchase method to break through adversity and make the company sell the best in the same industry.

    In recent years, Cai Wanlin has insisted on the policy of renting and selling only the tall buildings he built. Because of the increasingly high rent in Taiwan, the rental income of the buildings he owns now is as high as 1 billion yuan per year.


    The richest man in Taiwan


    After the separation of the Tsai brothers, Lin Yuan relationship enterprise group led by Cai Wanlin continued to develop steadily and maintained its leading position in Taiwan.


    In recent years, Lin Yuan group, under the helm of Cai Wanlin, is committed to training the second generation.

    Three sons, Cai Zhengda, Cai Hongtu, Cai Zhengyu and two son-in-law Liu Qingchuan and Li Yishi, respectively played important roles.


    A gentleman is quick in action and full of words.

    Having huge wealth and never showing off, or even becoming a public figure, avoid exposing themselves in every aspect of life, creating a mysterious aura, letting others obsessed with confusion and confusion, and not seeing the real image after the veil. This is the best policy for self protection and the beginning of authority.

    At this point, Cai Wanlin is a wise man.

    {page_break}


      

    The seventh Nan Cunhui family: the first barrel of gold for 35 yuan.




    Nan Cun Hui


    Nan Cunhui, a small shoe repair worker who worked hard in the old city of Wenzhou, has struggled to become a billionaire with over $100 million worth of money. He has been on the Forbes rich list for three consecutive times.

    The great span and huge change is actually a legend.


    35 yuan in the first barrel of gold.


    Nan Cunhui, 13, graduated from junior high school and left school for 3 years.


    In the early 80s of last century, a surge of low voltage electrical appliances started in Wenzhou.

    In 1984, Nan Cunhui and his friends set up a workshop type refinement switch factory.

    The simplest low voltage switch is made.

    But who knows, the first money earned is only 35 yuan.

    The 3 partners were depressed, but Nan Cunhui was very excited because he felt he had finally found a way to wealth.

    From the first barrel of the 35 yuan, he seemed to see the dawn of entrepreneurship.


    In July 1984, he invested 50 thousand yuan with his friends and started a Yueqing County precision switch factory in the noisy town of Liushi, Wenzhou, and began his hard journey in the electrical business.


    Sharing is actually a kind of wisdom.


    Compared with the general family business of Wenzhou bosses, Nan Cunhui's most distinctive feature is that since the day of CHINT's establishment, he has persistently pursued the shareholding system and released the military rights with shares.

    When his shareholdings fell from 100% to less than 20%, CHINT developed more and more in his subtraction.


    In 1991, after the break-up of the fine Switch Factory Co founded by friends, Nan Cunhui absorbed his family members such as his brother and brother-in-law into shares, and set up a typical family business, Wenzhou CHINT Electric Co., Ltd., and Nan Cunhui accounted for more than 60% of his personal shares.

    By 1993, CHINT's annual sales revenue reached about 50000000 yuan.

    Nan Cunhui, who was a pioneer, realized that if CHINT wanted to continue to expand, it had to undergo a radical pformation.

    So, Nan Cun Hui took full advantage of CHINT's card and took the road of joint capital expansion.

    He successively incorporated 38 local enterprises into CHINT, and set up the first enterprise group of low voltage electrical apparatus industry in February 1994.

    CHINT shareholders increased to dozens at once, while Nan Cunhui's personal equity was diluted to about 40%.


    However, in his exploration, he gradually discovered that a fatal weakness of family businesses is that he can not absorb and utilize outstanding talents more effectively, and talent is the first resource of enterprise development.

    By 1998, after thinking of Nan Cunhui's breakthrough resistance, he resolutely decided to weaken the absolute number of shares of the South's family, carry out shareholding system pformation to the core layer of the group controlled company, that is, the main business of low-voltage electrical appliances, and bring out the core interests of the family, and carry out the equity distribution system in the group, and distribute the best capital to the best talents in the enterprise.

    In this way, CHINT's shareholders increased from 10 to more than 100 now, and Nan Cunhui's shares dropped to more than 20%.

    Dozens of millionaires were born.


    Family color is gradually weakening, and enterprises are growing. CHINT has now become a large conglomerate with assets of 3 billion yuan, annual sales exceeding 10 billion yuan, and annual tax payment of more than 500 million yuan.

    In this regard, Nan Cunhui frankly said: sharing is not generous, for entrepreneurs, sharing is a wise.


     
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