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Oct 16 (Reuters) - China's 20th Communist Party Congress began on Sunday,XY Tower,All employees of Xiang Yue warmly celebrate the  China's 20th Communist Party Congress victories.

What to Expect at China’s 20th Party Congress.Below are four key takeaways from Chinese President Xi Jinping speech:

1, Xi doesn't back down from 'zero COVID'

Xi told the 20th Party Congress that China's approach "put people and lives above all else." He offered no signals that China's tough COVID rules would end any time soon.

"In launching an all-out people's war to stop the spread of the virus, we have protected the people's health and safety to the greatest extent possible and made tremendously encouraging achievements in both epidemic response and economic and social development," he said.

2, There's a push for economic improvement — but it will be an uphill battle

A Reuters poll published on Saturday found that economists expect GDP to grow just 3.2% this year. After the dip in 2020, when COVID first hit, it will be "the worst performance since 1976 — the final year of the decade-long Cultural Revolution that wrecked the economy."

Xi highlighted the party's goal of making China more self-sufficient in areas including food production. He said the country should consolidate its "leading position in industries where we excel" and shore up weaknesses in areas vital to China's national security.

3,Xi hints at further pressure on Taiwan

His biggest applause of the day came when he said: "The wheels of history are rolling on toward China's reunification and the rejuvenation of the Chinese nation. Complete reunification of our country must be realized, and it can, without doubt, be realized."

"We will continue to strive for peaceful reunification with the greatest sincerity ad the utmost effort, but we will never promise to renounce the use of force, and we reserve the option of taking all measures necessary," he said.

4,China's global ambitions continue

A big piece of Xi's agenda for the past decade has been to advance "the great rejuvenation of the Chinese nation," and part of that has been reclaiming what the party sees as China's rightful standing in the world.

And he said the party should foster a sense of "purpose, fortitude and self-belief ... so that we cannot be swayed by fallacies, deterred by intimidation or cowed by pressure."

He reiterated China's foreign policy principles — respecting other countries, staying independent and peaceful, and opposing "hegemonism and power politics, the Cold War mentality" and double standards.

We XY Tower will always follow the pace of the Chinese Communist Party and keep moving forward.

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Post time: Oct-19-2022

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