Born in Hong Kong and graduated from Cambridge University, Lee Hau Shik (1901-1988)came to Malaya in 1924 and opened a tin mining company.
During his tenure as president, he not only actively participated in anti-Japanese activities, served as president of the Selangor China Relief Fund, but also encouraged Chamber members to promote Chinese goods. On the other hand, the Chamber also assisted the British government in raising funds to finance the military efforts and for Remembrance Day. When the war approached Malaya, the Chamber encouraged the Chinese in Selangor to join the civil defence force, which included Lee. Later, Lee was promoted as the chief of Kuala Lumpur Southern District Air Raid Precaution Squad.
Lee who evacuated to India during the Japanese Occupation, returned to Malaya after the war. He revived the operations of the Chamber in early December 1945. The old committee members resumed their post until the election of a new committee a year after that. A special donation was launched to revitalize the Chamber. Apart from reviving the economy, the Chamber also assisted the government to overcome the problems of the black-market, rice rations, war compensation, and the problem land selling during the Occupation period.
In addition to revitalizing associations established in the pre-war period, Lee was also involved in setting up new ones and integrating many Chinese associations, for instance the Federation of Malaysian Chinese Chamber of Commerce and the Federation of Kwang Tung Associations. He also championed the formation of a Chinese political party, the Malayan Chinese Association, and the establishment of a Chinese newspaper, the China Press. Lee served as a member of Legislative and Executive Council, as well as Minister of Transport and later represented Malaya in the signing of the agreement for independence of Malaya with British and became the first finance minister after independence.