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 {{Taiwan-politician-stub