Feb 14 β€’ 09:11 UTC πŸ‡ΆπŸ‡¦ Qatar Al Jazeera

Chinese President Promises a New Development Model in the 'Year of the Horse'

Chinese President Xi Jinping pledges to accelerate efforts in establishing a new development model focused on high-quality growth during his Lunar New Year address.

In his Lunar New Year speech, Chinese President Xi Jinping emphasized the need to expedite the building of a new development model, prioritizing high-quality growth for the year. He stated that the government aims to maintain social harmony and stability while reiterating the commitment to strengthen the Chinese Communist Party's self-governance across the nation. Xi also highlighted the importance of initiating a strong start for China's 15th Five-Year Plan, underscoring the country's resolve to confront challenges faced both domestically and internationally.

Xi detailed that despite the complex and fluctuating environment, China's economy has shown remarkable resilience, achieving sustainable growth amid pressures. He noted that the previous year marked significant progress in enhancing economic strength, scientific and technological capabilities, national defense, and comprehensive national power. This indicates an upward trend in China's global standing and its commitment to advancing its socio-economic structures for better outcomes.

The speech aligns with traditional customs, where the Chinese leader delivers remarks ahead of the Lunar New Year, reflecting upon the past year's achievements and setting a strategic vision for the upcoming period. Xi’s address comes at a pivotal moment for China as it wrestles with both internal pressures and international scrutiny, framing the expectations for the nation's policy directions in the forthcoming year.

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