BEIJING: President Xi Jinping has mentioned that nobody can ever cease Taiwan’s reunification with China as he signed off 2024 amid rising anxieties within the nation over the continued slowdown of the economic system and the return of Donald Trump, who has threatened to impose punitive tariffs and commerce measures towards Beijing in his second time period.
“We Chinese language on either side of the Taiwan Strait belong to 1 and the identical household. Nobody can ever sever the bond of kinship between us,” Xi mentioned whereas delivering his 2025 New 12 months Tackle televised on the state broadcaster. China claims the self-ruled island Taiwan as a part of its mainland and makes ‘One-China’, recognising Taiwan as a part of it, as a compulsory diplomatic coverage.
In recent times, Xi, who’s in his third five-year time period, made it a serious navy and diplomatic initiative to step up efforts to reintegrate Taiwan with China. On the international coverage entrance, Xi reiterated China’s dedication to selling world governance reform and contributing to the upkeep of world peace and stability.
“In a world of each transformation and turbulence, China, as a accountable main nation, is actively selling world governance reform and deepening solidarity and cooperation among the many International South,” he added. The opposite principal focus of Xi’s New 12 months message was to reassure the Chinese language public concerning the economic system, which has slowed significantly after COVID-19, ensuing within the collapse of the profitable actual property sector and job losses as a result of closure of companies throughout the nation.
China’s economic system has rebounded and is on an upward trajectory, with GDP anticipated to cross the 130-trillion-yuan (about USD 18.08 trillion) mark in 2024.
The grain output has surpassed 700 million tonnes, he mentioned. The nation has proactively responded to the impacts of the altering atmosphere at dwelling and overseas, and has adopted a full vary of insurance policies to make stable features in pursuing high-quality growth previously 12 months, he mentioned.
Highlighting China’s success within the new productive forces like E-Autos, he mentioned the nation has fostered new high quality productive forces in gentle of precise circumstances and has seen new enterprise sectors, types and fashions rising. China’s annual manufacturing of latest power autos has topped 10 million for the primary time in 2024, and the nation has made breakthroughs in built-in circuits, synthetic intelligence, quantum communications and plenty of different fields, Xi mentioned.
China, nonetheless, is struggling to boost its exports of e-vehicles because the US and EU have imposed heavy tariffs on their imports. The primary problem for Xi, nonetheless, is to cope with Trump 2-0. Trump, who has threatened to pursue powerful insurance policies towards China, will assume the US presidency on January 20. In his first time period, Trump launched a commerce warfare towards China by imposing tariffs on over USD 380 billion on Chinese language imports in 2018-19, saying that China is ripping off America. His successor, Joe Biden, has continued the tariffs, denting China’s income.
Throughout his marketing campaign, Trump threatened to impose over 60 per cent tariffs on Chinese language imports, which final 12 months accounted for USD 427.2 billion. The China-US relations grew to become tense over a number of insurance policies pursued by Trump, together with blocking Chinese language tech. He additionally blamed China for the COVID-19 pandemic, saying that the virus emanated from a bio-lab in Wuhan. The navy relations between the 2 international locations additionally remained tense underneath Trump’s earlier presidency.