politics · SingTao

Paul Chan mourns Zhu Rongji, praises Hong Kong support

about 2 hours ago1 MIN
Paul Chan mourns Zhu Rongji, praises Hong Kong support

Summary

Financial Secretary Paul Chan Mo-po said he was deeply saddened by the death of former Chinese premier Zhu Rongji and offered his deepest condolences. Chan said Zhu served as vice-premier and premier at a pivotal stage in China’s market-oriented reforms, and credited him with laying an important foundation for the country’s later economic leap forward.

Key Points

  • Chan made the remarks in a social media post after Zhu Rongji, former premier of the State Council, died of illness yesterday
  • He said Zhu led reforms in taxation, finance, state-owned enterprises and other economic sectors during a crucial reform period.
  • Chan also said Zhu oversaw the completion of negotiations and related work for China’s accession to the World Trade Organization.
  • According to Chan, Zhu consistently cared about Hong Kong’s development and firmly supported the implementation of “one country, two systems”.
  • Chan said Zhu visited Hong Kong four times, and his approachable manner and humour left a deep impression on residents.

Why It Matters

Chan’s tribute links Zhu’s legacy not only to mainland economic restructuring but also to Hong Kong’s financial stability during a period of severe market stress. For Hong Kong readers, the remarks underscore how Beijing leaders’ policy choices and public support have shaped the city’s role as an international financial centre.