Former Chinese Premier Zhu Rongji has died at the age of 98, according to state media. Zhu, a key figure in China's economic reforms, played a central role in transforming the country's economy during the 1990s. His policies helped China move from a closed, state-controlled system toward a more open and market-oriented economy.
Zhu was known for his sharp political instincts and willingness to push through sweeping changes. He oversaw the restructuring of state industries and led China's integration into the global economy, including its accession to the World Trade Organization. His leadership is credited with laying the foundation for China's rapid economic growth.
Multiple sources report his death due to illness, though the exact cause has not been specified. His passing marks the end of an era for China's political and economic development. Zhu's legacy remains a subject of discussion among analysts and policymakers.
A state obituary was released, highlighting his contributions to China's modernization. His influence continues to be felt in the country's ongoing economic strategies and international engagements.
