Chinese President Xi Jinping Warns of 'Stormy Times' on Chinese People's Republic Anniversary
beijing - Chinese President Xi Jinping cautioned his people about the challenges ahead on the eve of the 75th anniversary of the People's Republic of China.
Speaking to the nation, Xi Jinping expressed the hardships and obstacles that lie ahead, urging the population to stay vigilant and trust in the party and the military during difficult times. He emphasized the need to prepare for dangers and remain steadfast in progress despite facing tests akin to harsh winds, rough seas, or stormy waves.
Celebrations for the anniversary included the raising of the flag at Tiananmen Square in Beijing and the display of a 45-meter flower artwork with the inscription 'Bless the motherland.' Even though no official festivities were announced, the entire nation enjoyed a week-long holiday to commemorate the 75 years since the establishment of the People's Republic of China.
Xi highlighted China's current challenges, including an aging population and economic slowdown due to the impact of strict COVID-19 measures. The real estate industry is struggling with high debts, and consumer spending remains low amid uncertain times.
Efforts to revitalize the economy with measures like interest rate cuts and raising the retirement age have been deemed insufficient by experts. Xi also addressed tensions with Taiwan, reiterating the commitment to reunification with the mainland while opposing any separatist activities for Taiwan's independence.
Under Xi's leadership, China continues its tradition of showcasing national power through ceremonies and military parades. The CCP's selective emphasis on historical events marks significant milestones such as Mao Zedong's rise to power in 1949 and Xi Jinping's consolidation of power in 2012.
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