Lu Guanqiu (born 17 January 1945; died 25 October 2017) was a Chinese industrial entrepreneur best known as the founder and long‑time leader of Wanxiang Group, a major manufacturer of automotive components and related products. Over several decades he transformed a small workshop into a large private conglomerate with significant regional and international presence. He was widely regarded as one of Zhejiang province’s most influential business figures.
Business and activities
Under Lu’s leadership, Wanxiang grew into a diversified manufacturing and supply‑chain organization focused principally on auto parts, components and systems for the automotive industry. The group also expanded into related areas such as components research, supply logistics and other industrial services. Lu emphasized manufacturing scale, supplier networks and technical development to serve both domestic and overseas automakers.
Background and development
Lu came from modest circumstances in mid‑20th century China and rose through practical experience in machinery and small‑scale manufacturing. His career exemplified the post‑reform expansion of private enterprise in China: starting with a local enterprise, reinvesting profits, and gradually building capabilities in production and engineering. Over time Wanxiang established multiple factories, research teams and commercial units, enabling the company to compete beyond its original locality.
Recognition, public roles and legacy
Lu received public recognition for his business success. He appeared on national and international rich lists, including being ranked among the wealthiest in China and listed internationally; in one published ranking he was named the richest person in Zhejiang province. He also served as a delegate to the Chinese National People’s Congress, reflecting a role that combined business leadership with formal representation in national advisory bodies. See his business profile for more context: profile and his provincial ties: Zhejiang.
- Public office: delegate to the NPC — national legislature.
- Regional influence: regarded as a leading entrepreneur in Zhejiang province.
- End of life: Lu died in Hangzhou on 25 October 2017 at the age of 72 — reported from Hangzhou.
Lu Guanqiu’s career illustrates the growth of Chinese private industry from local manufacturing to global supply chains. His legacy includes the expansion of an industrial group that employed thousands, contributed to local economic development and exemplified one pathway by which post‑reform entrepreneurs integrated production, technology and market access.