Former Chinese Premier Zhu Rongji, a key figure in the economic reforms that transformed China’s economy, has died at the age of 97.
State media reported that Zhu died in Beijing on Wednesday morning after receiving medical treatment.
An obituary jointly released by China’s top political bodies and published by Xinhua described Zhu as a veteran Communist Party member who remained committed to the country’s development throughout his political career.
Zhu served as China’s premier from 1998 to 2003 and became known for his strong support for market-oriented reforms.
During his tenure, his administration pursued major economic changes, including the restructuring and privatisation of loss-making state-owned enterprises. His government also advanced reforms in the urban housing sector and encouraged home ownership.
Xinhua described Zhu as an outstanding member of the Communist Party of China and a loyal communist fighter who devoted his life to public service.
The obituary said his death represented a significant loss to both the Communist Party and China.
