History
In 1897, 26-year-old Xia Ruifang and three of his friends founded The Commercial Press in Shanghai. The group soon received financial backing and began publishing books. In 1914, Xia attempted to buy out a Japanese company that had invested in the Commercial Press. Four days later he was assassinated. There was much speculation as to who was behind the assassination; no one was ever arrested for the crime.
Attacks by the Japanese ceased operations in 1932, and operations remained at a standstill until after WWII had ended.
At the turn of the century Commercial Press became a major publisher of textbooks. Today it is headquartered in Beijing and continues as an active publishing house of Chinese language learning materials including dictionaries, textbooks, pedagogical texts, and a cultural magazine called The World of Chinese. 1
Read more about this topic: Commercial Press
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