Economy

Xi believes China’s economy is resilient and has room to maneuver By Stocksak


© Stocksak. Xi Jinping, the Chinese president, speaks to the media as the new Politburo Standing Committee members meet with the media following the 20th National Congress of the Communist Party of China. This was held at the Great Hall of the People in Beijing on October 23, 2022. REUTERS/Tingshu Wa

BEIJING (Stocksak), China’s economy has high resilience and sufficient potential, President Xi Jinping stated on Sunday during a ceremony in which China unveiled the new members to its highest political body, The Politburo Standing Committee.

China will be more open, Xi said to dozens of journalists crammed into a room within the Great Hall of the People in Beijing.

According to state media, Xi said that China’s development cannot be separated from the rest of the world, and that the world also needs China.

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