In his 2025 New Year address, Chinese President Xi Jinping shared his vision for the nation's future, emphasizing improvements in the lives of citizens, economic resilience, and global cooperation.
Putting People First
Xi highlighted that the concerns of the people—such as jobs, income, elderly and child care, education, and medical services—are always a priority. He announced that this year, basic pensions have been raised, mortgage rates have been reduced, and the cross-province direct settlement of medical bills has been expanded, making healthcare more accessible. Additionally, consumer goods trade-in programs have been enhanced to improve daily life, reflecting Xi's commitment to bringing more smiles and warmth to the hearts of the Chinese people.
Confidence in the Chinese Economy
Addressing economic challenges, Xi expressed confidence in China's ability to navigate uncertainties and transition to new growth drivers. He noted that despite external pressures, the Chinese economy rebounded in 2024 and is projected to exceed a GDP of 130 trillion yuan (approximately $17.8 trillion) this year. Xi reaffirmed the commitment to completing the 14th Five-Year Plan, focusing on high-quality development, regional coordination, and fostering new productive forces.
A Better Future for the World
Xi emphasized China's role on the global stage, asserting that the nation will continue to contribute to world peace and stability. He spoke about actively promoting global governance reform, strengthening solidarity and cooperation among the Global South, and participating in various bilateral and multilateral forums. Xi called for enhanced friendship and cooperation among all countries, mutual cultural learning, and the building of a community with a shared future for mankind, aiming to create a better future for the world.
Reference(s):
cgtn.com
