Chinese President Xi Jinping called for renewed efforts to counter economic risks and “external shocks” in his Lunar New Year message on Monday, as Beijing braces for more uncertainty following Donald Trump’s return to the White House.
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Xi made the remarks at a reception in Beijing to usher in the Year of the Snake, which begins on Wednesday.
“China remains a key engine of global economic growth,” Xi said, while noting there were looming challenges.
He said perseverance was needed, and that the country needs to “strengthen our conviction and confidence, confront problems and obstacles directly, and tackle risks and challenges without hesitation”.
Xi also called for resilience to achieve “high-quality development” and to mitigate risks.
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“We will press ahead with deepening reforms, expand high-level opening-up, guard against and defuse risks in key areas and external shocks, and promote sustained economic recovery and improvement while maintaining social harmony and stability,” he said.
