South China Morning Postgreatest economic reforms in the human history
CNA
Zhu Rongji, who served as China's premier from 1998 to 2003, died of illness in Beijing at around 11 a.m. on Wednesday according to multiple reports. His tenure coincided with China's entry into the World Trade Organization in 2002 and sustained economic growth above 8 percent annually from 2000 to 2010. Reports differ on his age at death, with some stating 98 and others 97.
Zhu Rongji's premiership oversaw WTO entry and sustained high growth that elevated living standards and shifted global economic power, reflecting effective state-directed policy.
“Aggregate development gains and industrial strategy success”
Conservative
Zhu Rongji advanced market-oriented reforms within a one-party system that produced rapid prosperity but later contributed to strategic competition with the West.
“Pragmatic policy results alongside tightened political control”
Libertarian
Zhu Rongji's tenure expanded private enterprise and trade through partial liberalization, though under continued Communist Party monopoly on power.
“Gains in economic scope versus limits on individual sovereignty”
Devil's Advocate
All three views over-attribute post-2000 growth to Zhu while ignoring prior momentum, mass layoffs, inequality, and authoritarian tools that enabled rapid execution.
“Missed pre-premier history, environmental costs, and institutional constraints”