The 2023 passing of Li Keqiang marked the end of an era for China's economy

History
The 2023 passing of Li Keqiang marked the end of an era for China's economy

The sudden passing of Li Keqiang in 2023 signaled the departure of a pragmatist who championed private enterprise and economic transparency during a period of tightening state control in China.

Li Keqiang served as Chinas premier from 2013 to 2023, acting as the top economic official during a decade of immense transition. Known for his intellectual background and focus on the grass-roots economy, he famously created the 'Li Keqiang Index' to track economic health through electricity use and rail cargo rather than official GDP figures.

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