1 January 2020

China's President pledges to build a prosperous society

President Xi Jinping delivered a New Year speech in Beijing on new year's eve to ring in 2020, pledging to achieve the first centenary goal of building a moderately prosperous society in all respects, reported the China Daily.

"Let's seize the day and live it to the full," Xi said.

Highlights included:

- China's gross domestic product (GDP) is expected to near US$14.37 trillion in 2019. Per-capita GDP is expected to reach US$10,000 in 2019.

- China has established diplomatic relations with a total of 180 countries.

Xi extended best wishes to Hong Kong and Hong Kong compatriots. Hong Kong has seen protests since March 2019.

"The situation in Hong Kong has been everybody's concern over the past few months," said Xi.

"Without a harmonious and stable environment, how can there be a home where people can live and work happily!" Xi added. "We sincerely hope for the best for Hong Kong and Hong Kong compatriots."

A prosperous and stable Hong Kong is the aspiration of Hong Kong compatriots, as well as the expectation of the people of the motherland, he said.