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FX.co ★ Xi Jinping secures third term as China's leader

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Forex Humor:::2022-10-27T10:11:38

Xi Jinping secures third term as China's leader

According to General Secretary of the Central Committee of the Communist Party of China Xi Jinping, China cannot develop in isolation from the world and the world needs China for its development. “Through over 40 years of relentless reform and opening up, we have created the twin miracles of fast economic growth and long-term social stability,” the Chinese leader stressed at the 20th CPC National Congress. Xi also pinpoints that the Chinese economy remains resilient and has great potential and latitude. The general secretary believes the country will continue to show outstanding economic performance over the long run. In addition, Xi Jinping pledges that China will open its door ever wider. The Chinese economy is improved by deepening reform and “high-quality development” across its sectors. China's drive for "common prosperity" will create many more opportunities for the world, Xi added. On October 22, the Central Committee was reshuffled and welcomed 205 newly elected members at the CPC National Congress. On the next day, the Committee approved 24 members of the Politburo and the seven-member Politburo Standing Committee. At the same time, Xi Jinping secured a third term as the leader of the ruling Communist Party and the Chairman of the Central Military Council of China.

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