Xi’s optimistic remarks come amid an economic rebound at home and historic upheaval in Washington. Besides the Capitol Hill chaos last week and the worsening coronavirus
outbreak in America, a forecast released by the Centre for Economics and Business Research last month projected that China
would overtake the U.S. as the world’s largest economy in dollar terms in 2028, five years earlier than a year ago.
In similar remarks in 2020, Xi emphasized “unprecedented risks and challenges” as the coronavirus
and bilateral ties with the U.S. dipped to historical lows, with disputes on everything from the pandemic and trade to Taiwan and Hong Kong.
On Monday, Xi urged provincial officials, who are preparing to approve a new round of five-year plans at their annual legislative sessions, to remain “humble and cautious,” according to Xinhua. He said efforts were needed to improve awareness of potential dangers, consider worst-case scenarios and learn to cope with more complex and difficult situations.
The legislative sessions are part of a long series of events as Xi prepares to celebrate the 100th anniversary of the ruling party’s founding in July. Xi also reiterated his call for the country to be more self-reliant on technological innovation while building a “super-sized domestic market” to boost consumption.
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