BEIJING: Former Chinese premier Zhu Rongji, whose market reforms helped drive the country´s extraordinary economic rise, died on Wednesday at the age of 97.
Zhu became premier in 1998 and swiftly lived up to his 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.
He passed away from illness in Beijing late on Wednesday morning “after medical treatment failed to save him”, state news agency Xinhua said.
