Chao Yao-tung (; 1916 – 20 August 2008) was a Taiwanese politician, and economist.
In 1971, Chao helped founded
China Steel
:''There is an unrelated raw material processing company named Sinosteel based in the People's Republic of China (Mainland China).''
China Steel Corporation (CSC; ) is the largest integrated steel maker in Taiwan. Its main steel mill is located ...
. He was the
Minister of Economic Affairs from 1981 to 1984. Chao then served as chairman of the
Council for Economic Planning and Development
The Council for Economic Planning and Development (CEPD; ) was a government agency responsible for drafting overall plans for national economic development in Taiwan (ROC). It also assessed development projects, proposals and programmes submitted ...
until 1988. Alongside
Li Kwoh-ting
Li Kwoh-ting (; 28 January 1910 – 31 May 2001) was a Taiwanese economist and politician best known as the "Father of Taiwan's Economic Miracle" and referred to by the New York Times as the "Godfather of Technology" in Taiwan for his work in t ...
, Chao became known for his influence on the
Taiwan Miracle
The Taiwan Miracle () or Taiwan Economic Miracle refers to the rapid industrialization and economic growth of Taiwan during the latter half of the twentieth century.
As it developed alongside Singapore, South Korea and Hong Kong, Taiwan becam ...
.
Chao Yao-tung died of
multiple organ dysfunction syndrome
Multiple organ dysfunction syndrome (MODS) is altered organ (anatomy), organ function in an acutely ill patient requiring medicine, medical intervention to achieve homeostasis.
Although Irwin and Rippe cautioned in 2005 that the use of "multiple ...
on 20 August 2008, at the age of 92.
References
2008 deaths
20th-century Taiwanese economists
Deaths from multiple organ failure
Place of birth missing
Place of death missing
1916 births
Politicians from Huai'an
Republic of China politicians from Jiangsu
Taiwanese Ministers of Economic Affairs
Taiwanese people from Jiangsu
Businesspeople in steel
20th-century Taiwanese businesspeople
Taiwanese chairpersons of corporations
National Wuhan University alumni
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