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China's leaders mourn death of former vice financial minister
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20:58, August 04, 2008

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State President and Communist Party of China (CPC) Central Committee General Secretary Hu Jintao has expressed his condolences over the death of Li Peng, a retired senior official who was in charge of the country's financial reform in the 1980s.

Other mourners included Premier Wen Jiabao, Vice State President Xi Jinping, Vice Premier Li Keqiang and some former state leaders.

Li, who died of illness on July 26 this year at 87, was a native of Yangzhou, Jiangsu Province, east China.

In October 1946, he joined the CPC. He worked in the financial sector from that time until his retirement in the late 1980s.

During the 1980s, Li worked as vice financial minister, deputy director of China on the board of the World Bank, deputy director of the State's office for economic readjustment.

Li was vice chairman of the Financial and Economic Committee of the Seventh National People's Congress (NPC) and an advisor of the Financial and Economic Committee of the 8th NPC.

Source: Xinhua



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