Letters | Former Chinese premier Li Keqiang’s legacy in 4 areas deserves attention

Readers pay tribute to China’s former premier for his efforts in the economic sphere, and for his connection to Hong Kong

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Li Keqiang was China’s premier for a decade. Photo: EPA-EFE

Published: 11:30am, 31 Oct 2023Updated: 11:45am, 31 Oct 2023

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It is with great sadness that we mourn the passing of former premier Li Keqiang on October 27. His remarkable qualities of humility and pragmatism have left a lasting impact, particularly on China’s economic development. As we reflect on his legacy, it becomes evident that he was a staunch backer of initiatives to uplift different segments of society.

One area in which Li showed unwavering support was in relation to small and micro enterprises. During his visit to Yiwu Trade City, he personally reached out to store owners to inquire about their experience with the State Council’s policies aimed at reducing fees and taxes for small businesses. In particular, he highlighted the recently implemented policy of increasing the exemption from value-added tax and business tax for small and micro enterprises to 30,000 yuan. He urged business owners to present State Council documents if anyone demanded illegal charges.

Li also recognised the importance of e-commerce as a catalyst for economic growth. He himself shopped on online platforms, and expressed appreciation for the dedication of online sellers. This not only showcased his understanding of the power of e-commerce but also demonstrated his commitment to supporting innovative platforms that connect businesses with consumers.

Another commendable aspect of Li’s leadership was his focus on the welfare of migrant workers in recognition of their indispensable role in China’s rapid economic development. He stressed the importance of ensuring the stability of their employment and expanding their job prospects as well as ensuring no defaults on their wages.

Furthermore, Li was encouraging of university students’ entrepreneurship. During a visit to Hunan University, he took the time to explore an exhibition showcasing students’ entrepreneurial activities. This visit showed his interest in fostering a culture of innovation and nurturing the next generation of business leaders.

Li will be remembered as a leader who prioritised the welfare and progress of various segments of society. His support for small and micro enterprises, e-commerce, migrant workers, and college students’ entrepreneurship showcased his pragmatic and inclusive approach to economic development. As we bid Li farewell, we should honour his legacy by continuing to foster an environment that bolsters and uplifts those who strive for a better future.