Chinese President Xi Jinping addresses the nation on New Year's Day, outlining priorities for 2025. The speech emphasizes the government's commitment to improving people's lives and navigating economic challenges.
Chinese President Xi Jinping delivered his 2025 New Year address on Tuesday. He highlighted the government's focus on addressing people's concerns about jobs, incomes, elderly and child care, education and medical services. Xi noted achievements such as raising basic pensions, lowering mortgage rates, expanding cross-province medical bill settlement, and improving consumer goods trade-in programs. He emphasized that ensuring a happy life for the people is the most important task.
Xi acknowledged the challenges facing the Chinese economy, including uncertainties in the global environment and pressure from transitioning to new growth drivers. However, he expressed confidence in overcoming these challenges through hard work and unity. He stated that China's economy rebounded in 2024 and is on an upward trajectory, with GDP expected to exceed 130 trillion yuan. Xi praised China's progress in areas like regional coordinated development and fostering new productive forces. He called for global cooperation and a vision for humanity's future, emphasizing the need to rise above estrangement and conflict
CHINA XI JINPING ECONOMY SOCIAL WELFARE GLOBAL AFFAIRS
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