Tā shì yí wèi xiǎngyù quánguó de zhùmíng shíyèjiā.
He is a renowned industrialist with a national reputation.
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实业 means 'real industry' - manufacturing, mining, transport - as opposed to finance or speculation. So 实业家 carries a more respectable, productive connotation than 商人 ('merchant') or 资本家 ('capitalist'). Famous Chinese 实业家 include 张謇 and 荣毅仁.
