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China's Xi hails 'resilient' economy in bullish New Year speech
China's Xi hails 'resilient' economy in bullish New Year speech
By Matthew WALSH, Oliver HOTHAM
Beijing (AFP) Dec 31, 2023

President Xi Jinping said Sunday the Chinese economy had grown "more resilient and dynamic" in 2023, despite financial figures continuing to disappoint as the post-Covid recovery stalls.

He also promised in a bullish New Year's address to the nation that China would "surely be reunified" -- a reference to the self-ruled island of Taiwan, which Beijing claims as its own and has pledged to seize.

Xi has endured a challenging 2023 at the helm of the world's second-largest economy, with his administration struggling to sustain an economic rebound since rapidly dumping its onerous zero-Covid policy a year ago.

But Xi said on state broadcaster CCTV the economy had "weathered the storm" and become "more resilient and dynamic than before", hailing the promotion of "high-quality development" and emerging industries such as electric vehicles, lithium batteries and solar panels.

He said next year "we must... consolidate and enhance the positive trend of economic recovery, and achieve long-term economic stability".

Yet he also acknowledged some hardship, saying "some companies are facing operating pressure (and) some people are encountering difficulties in employment and living conditions".

"All of these things concern me greatly," he said.

"Our goal is both ambitious and yet very simple. In the end, it is to help people live better lives."

Record youth unemployment and a persistent debt crisis in the crucial property sector have hemmed in China's growth this year.

Official figures released on Sunday showed a decline in nationwide factory activity deepened in December, the third straight month of contraction.

Analysts have said Beijing may struggle to achieve its stated annual growth target of around five percent, the lowest such ambition in years.

- 'Reunification' -

Xi briefly mentioned Taiwan, weeks before the democratic island heads to the polls on January 13.

Beijing has escalated its pressure campaign against Taiwan this year and tensions are high, with independence-leaning candidate Lai Ching-te leading opinion polls.

Xi declared in his Sunday speech "the motherland will surely be reunified".

"Compatriots on both sides of the (Taiwan) Strait should be bound by a common sense of purpose to share in the glory of national rejuvenation," he said.

Xi has said China would never rule out the use of force to bring Taiwan under its control.

Taipei officials have repeatedly raised concerns about election interference and misinformation, claims dismissed by Beijing as "hype".

- Greetings to Putin -

Xi sent new year greetings to Russian President Vladimir Putin earlier Sunday in which he hailed strengthening ties with Moscow in 2023, according to an official foreign ministry readout.

The two longtime allies have drawn closer in recent years even as Western countries have turned their backs on Russia over its invasion of neighbouring Ukraine.

Xi said "the material and public opinion foundation of our relationship has become stronger", according to CCTV.

"In the face of changes unseen in a century and a turbulent regional and international situation, China-Russia relations have maintained healthy and stable development and moved steadily in the right direction," Xi said.

"Under our joint leadership, political mutual trust between the two sides has further deepened, strategic coordination has drawn closer, and mutually beneficial cooperation has continued to achieve new results," he was quoted as saying.

Full Text
On New Year's Eve, Chinese President Xi Jinping delivered his 2024 New Year message via China Media Group and the Internet. The following is the full text of the message:
Greetings to you all! As energy rises after the Winter Solstice, we are about to bid farewell to the old year and usher in the new. From Beijing, I extend my best New Year wishes to each and every one of you!

In 2023, we have continued to forge ahead with resolve and tenacity. We have gone through the test of winds and rains, have seen beautiful scenes unfolding on the way, and have made plenty real achievements. We will remember this year as one of hard work and perseverance. Going forward, we have full confidence in the future.

This year, we have marched forward with solid steps. We achieved a smooth transition in our COVID-19 response efforts. The Chinese economy has sustained the momentum of recovery. Steady progress has been made in pursuing high-quality development. Our modernized industrial system has been further upgraded. A number of advanced, smart and green industries are rapidly emerging as new pillars of the economy. We have secured a bumper harvest for the 20th year in a row. Waters have become clearer and mountains greener. New advances have been made in pursuing rural revitalization. New progress has been made in fully revitalizing northeast China. The Xiong'an New Area is growing fast, the Yangtze River Economic Belt is full of vitality, and the Guangdong-Hong Kong-Macao Greater Bay Area is embracing new development opportunities. Having weathered the storm, the Chinese economy is more resilient and dynamic than before.

This year, we have marched forward with robust steps. Thanks to years of dedicated efforts, China's innovation-driven development is full of energy. The C919 large passenger airliner entered commercial service. The Chinese-built large cruise ship completed its trial voyage. The Shenzhou spaceships are continuing their missions in space. The deep-sea manned submersible Fendouzhe reached the deepest ocean trench. Products designed and made in China, especially trendy brands, are highly popular with consumers. The latest models of Chinese-made mobile phones are an instant market success. New energy vehicles, lithium batteries, and photovoltaic products are a new testimony to China's manufacturing prowess. Everywhere across our country, new heights are being scaled with dogged determination, and new creations and innovations are emerging every day.

This year, we have marched forward in high spirits. The Chengdu FISU World University Games and the Hangzhou Asian Games presented spectacular sports scenes, and Chinese athletes excelled in their competitions. Tourist destinations are full of visitors on holidays, and the film market is booming. The "village super league" football games and "village spring festival gala" are immensely popular. More people are embracing low-carbon lifestyles. All these exhilarating activities have made our lives richer and more colorful, and they mark the return of bustling life across the country. They embody people's pursuit of a beautiful life, and present a vibrant and flourishing China to the world.

This year, we have marched forward with great confidence. China is a great country with a great civilization. Across this vast expanse of land, wisps of smoke in deserts of the north and drizzles in the south invoke our fond memory of many millennium-old stories. The mighty Yellow River and Yangtze River never fail to inspire us. Discoveries at the archeological sites of Liangzhu and Erlitou tell us much about the dawn of Chinese civilization. The ancient Chinese characters inscribed on oracle bones of the Yin Ruins, the cultural treasures of the Sanxingdui Site, and the collections of the National Archives of Publications and Culture bear witness to the evolution of Chinese culture. All this stands as testament to the time-honored history of China and its splendid civilization. And all this is the source from which our confidence and strength are derived.

While pursuing its development, China has also embraced the world and fulfilled its responsibility as a major country. We held the China-Central Asia Summit and the Third Belt and Road Forum for International Cooperation, and hosted leaders from across the world at many diplomatic events held in China. I also paid visits to a number of countries, attended international conferences, and met many friends, both old and new. I shared China's vision and enhanced common understandings with them. No matter how the global landscape may evolve, peace and development remain the underlying trend, and only cooperation for mutual benefit can deliver.

Along the way, we are bound to encounter headwinds. Some enterprises had a tough time. Some people had difficulty finding jobs and meeting basic needs. Some places were hit by floods, typhoons, earthquakes or other natural disasters. All these remain at the forefront of my mind. When I see people rising to the occasion, reaching out to each other in adversity, meeting challenges head-on and overcoming difficulties, I am deeply moved. All of you, from farmers in the fields to workers on factory floors, from entrepreneurs blazing the trail to service members guarding our country -- indeed, people from all walks of life -- have done your very best. Each and every ordinary Chinese has made an extraordinary contribution! You, the people, are the ones we look to when we fight to prevail over all difficulties or challenges.

Next year will mark the 75th anniversary of the founding of the People's Republic of China. We will steadfastly advance Chinese modernization, fully and faithfully apply the new development philosophy on all fronts, speed up building the new development paradigm, promote high-quality development, and both pursue development and safeguard security. We will continue to act on the principle of seeking progress while maintaining stability, promoting stability through progress, and establishing the new before abolishing the old. We will consolidate and strengthen the momentum of economic recovery, and work to achieve steady and long-term economic development. We will deepen reform and opening up across the board, further enhance people's confidence in development, promote vibrant development of the economy, and redouble efforts to boost education, advance science and technology and cultivate talents. We will continue to support Hong Kong and Macao in harnessing their distinctive strengths, better integrating themselves into China's overall development, and securing long-term prosperity and stability. China will surely be reunified, and all Chinese on both sides of the Taiwan Strait should be bound by a common sense of purpose and share in the glory of the rejuvenation of the Chinese nation.

Our goal is both inspiring and simple. Ultimately, it is about delivering a better life for the people. Our children should be well taken care of and receive good education. Our young people should have the opportunities to pursue their careers and succeed. And our elderly people should have adequate access to medical services and elderly care. These issues matter to every family, and they are also a top priority of the government. We must work together to deliver on these issues. Today, in our fast-paced society, people are all busy and face a lot of pressure in work and life. We should foster a warm and harmonious atmosphere in our society, expand the inclusive and dynamic environment for innovation, and create convenient and good living conditions, so that the people can live happy lives, bring out their best, and realize their dreams.

As I speak to you, conflicts are still raging in some parts of the world. We Chinese are keenly aware of what peace means. We will work closely with the international community for the common good of humanity, build a community with a shared future for mankind, and make the world a better place for all.

Right at this moment, when the lights in millions of homes light up the evening sky, let us all wish our great country prosperity, and let us all wish the world peace and tranquility! I wish you happiness in all the four seasons and success and good health in the year ahead!

Thank you!

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