Zhu Rongji’s death at 97 marks the end of an era in China’s economic history

Zhu Rongji’s death at 97 marks the end of an era in China’s economic history
Zhu Rongji’s death at 97 marks the end of an era in China’s economic history

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Nevin Al Sukari - Sana'a - China's former premier Zhu Rongji (centre) shakes hands with a delegate at the opening of the 18th Communist Party Congress at the Great Hall of the People in Beijing on November 8, 2012. Former Chinese premier Zhu Rongji, whose market reforms helped drive China's extraordinary economic rise, has died from illness at the age of 97, state media reported August 12, 2026. — AFP pic

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BEIJING, Aug 12 — Former Chinese premier Zhu Rongji, whose market reforms helped drive the country’s extraordinary economic rise, died from illness today at the age of 97, state media reported.

An obituary jointly issued by China’s top political bodies and carried by Xinhua said he had passed away in Beijing late this morning “after medical treatment failed to save him”.

Zhu became premier in 1998, and swiftly established a reputation as a hard-hitting free marketeer.

Among his best known reforms were a broad programme to privatise unprofitable state-owned enterprises, the privatisation of urban housing and the promotion of home ownership.

Zhu was “an outstanding member of the Communist Party of China, a long-tested and loyal communist fighter,” Xinhua quoted his obituary as saying.

“The life of comrade Zhu Rongji was a life of revolution, a life of struggle, a life of glory,” it said.

“It was a life dedicated wholeheartedly to serving the people, one given to the communist cause. His passing is a major loss for the Party and the country.” — AFP

 

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