China Celebrates National Day, Ready to Meet Socio Economic Goal

This new anniversary of the birth of the People’s Republic of China comes in a context still characterized by the persistence of the Covid-19 pandemic, together with the addition of the Russia-Ukraine conflict, which poses challenges to the national economy and an unprecedented one global crisis. .

Likewise, the country faces tensions with the United States, its allies in Europe and Asia, which affect economic and commercial exchanges.

At the traditional banquet for the date, Premier Li Keqiang stressed the importance of stabilizing economic fundamentals to ensure market operations, employment and people’s basic needs.

He affirmed the durability of the reform and opening-up policy, called for further opening the doors to the outside world, and welcomed cooperation, investment and other deals with foreign partners, leading to mutually beneficial development.

From now on, according to Li, China will consolidate the results of its poverty reduction efforts and work on “practical issues” such as improving the education system, medical services, elderly care and property security.

He called for greater efforts to fully implement the “one country, two systems” principle in the Hong Kong and Macau SARs, after stressing that in the case of Taiwan no separatist attempt will be tolerated, although the commitment to peaceful relations between Beijing continues and Taipei.

On October 1, China celebrates its National Day because on this day in 1949, the people led by the Communist Party declared victory in the War of Liberation, a ceremony held in Tiananmen Square.

Also starting today is the so-called Golden Week, a government initiative to extend the anniversary holiday, helping to expand the domestic tourism market and giving people more time to visit distant families.

(Taken from Latin Press)