Financial Secretary Paul Chan hailed the late former premier Zhu Rongji's immense contributions to the country's development and the well‑being of its people, pushing forward a series of reforms in fiscal, tax, financial and state‑owned enterprise sectors, and leading China's accession to the World Trade Organization — laying a crucial foundation for the country's subsequent economic leap.

Chan also said Zhu had always cared deeply for Hong Kong, backing the city's efforts to tackle challenges and resolutely defending its status as an international financial hub during the Asian financial crisis.

Recalling Zhu's four visits to Hong Kong, Chan said his down-to-earth style and sense of humour left a lasting impression on the people of Hong Kong.

The former premier passed away on Wednesday.

Meanwhile, former chairwoman of the Hong Kong Exchanges and Clearing Laura Cha described Zhu as a determined reformer who dedicated himself fully to the nation's economic development.

She expressed particular gratitude for his mentorship, which gave her the opportunity to serve as the vice chairman of the China Securities Regulatory Commission and contribute to the country's financial market development.

She called it a profoundly meaningful experience and said she will always remember his guidance and inspiration.



Edited by Tony Sabine