Chinese President Xi Jinping delivered a speech on Monday commemorating the 75th anniversary of the founding of the People’s Republic of China, which was established on October 1, 1949. During the reception, he emphasized that no challenges could impede China’s progress and reiterated the government’s firm stance on the reunification of Taiwan. Xi urged the country to overcome uncertainties and risks on its path forward, and the speech was broadcast on Chinese state media.
The event, attended by around 3,000 people including foreign dignitaries, saw Xi Jinping and other top leaders arrive shortly after 5 p.m. in Beijing. During his brief address, Xi highlighted the importance of national unity under the leadership of the Chinese Communist Party.
He also reinforced Beijing’s opposition to Taiwan’s “separatist” activities, calling for greater economic and cultural cooperation between the two sides, and framed Taiwan’s reunification as an inevitable part of historical progress.
Despite rising geopolitical tensions with Western countries, particularly over trade and technology issues, Xi avoided addressing specific trade conflicts in his speech. Instead, he portrayed China as a proponent of globalization and thanked countries that have supported China’s development.
He reiterated China’s vision for national rejuvenation, which includes Hong Kong, Macao, Taiwan, and all Chinese people, and reaffirmed Beijing’s commitment to furthering the development of Hong Kong and Macao under the “one country, two systems” principle.
The speech comes amid a notable recovery in Chinese markets, with stock indexes in both mainland China and Hong Kong reaching their highest levels in over a year. The market gains follow new measures announced by Chinese authorities to support economic growth.
A high-level meeting led by Xi last week also called for stabilizing the real estate market and enhancing fiscal and monetary policy, although further fiscal measures from the Ministry of Finance are still awaited.
This anniversary address is consistent with Xi’s previous remarks at major national celebrations, such as his 2019 speech marking the 70th anniversary of the PRC. In that address, he similarly asserted that no external force could hinder China’s development, a theme that he revisited this year, albeit in a more subdued ceremony compared to past events like the large-scale military parade in 2019.