New edition of shipping tycoon's biography published

The second edition of the book detailing the life of former Hong Kong shipping magnate Yue-kong Pao was launched in Shanghai. [Photo from web]

A book detailing the life of former Hong Kong shipping magnate Yue-kong Pao has entered its second edition, aiming to give readers a better understanding of his work and achievements.

Written by his eldest daughter Anna Pao Sohmen, a member of the National Committee of the Chinese People's Political Consultative Conference,

Pao, who died in 1991, was not only the founder of the highly successful World-Wide Shipping Group, which Sohmen now directs, he also made great contributions to China's educational development.

He established the Pao Yue-kong and Pao Siu Loong Scholarship for overseas study, the Sino-British Friendship Scholarship that supported Chinese students completing their studies in the UK and also funded the construction of the Pao Siu Loong Library at Shanghai Jiao Tong University.

"Through his hard work, dedication and perseverance, Yue-kong Pao became a world renowned shipping tycoon. Despite this, he never forgot his motherland, continuing to give generously to support the development of his country over the entire course of his lifetime," said Zhang Endi, vice chairman of CPPCC Shanghai Committee.

Zhang said the new edition of the book, published in Shanghai, would enable more people to understand and reflect on the life of Pao and follow his example.

Inspired by her father, Sohmen and her son Philip Sohmen founded the YK Pao School, a nonprofit bilingual international institution in Shanghai, in 2007.

Committed to delivering quality Chinese and international education, the school's mission is to develop its students' full potential, give them a foundation in Chinese language and culture and help them become global citizens for the 21st century.

It is hoped that through this work, Pao's enthusiasm and commitment to education and social responsibility will live on.

The second edition of the book detailing the life of former Hong Kong shipping magnate Yue-kong Pao was launched in Shanghai. [Photo from web]