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Xi's 2025 New Year message inspires people to strive for brighter future

China

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China

Xi's 2025 New Year message inspires people to strive for brighter future

2025-01-01 20:52 Last Updated At:01-02 02:37

Chinese President Jinping's 2025 New Year address has greatly lifted and inspired people from all walks of life across the country to forge ahead and create a brighter future.

Xi delivered his annual New Year message which was broadcast by the China Media Group and on various online platforms on Tuesday evening.

In his speech, Xi reviewed China's achievements in various aspects in the past year and laid out the goals for the year ahead.

"President Xi mentioned in his New Year's message that our athletes have bravely striven to be the best, demonstrating the high spirits, confidence and positivity of the younger generation. As a young athlete, in the new year, I will work harder in my daily training and continuously strive to surpass myself, so as to achieve even better results in major international competitions," said Sheng Lihao, a Chinese shooter who won two gold medals at the Paris Olympics.

"In President Xi's New Year address last night, he said that young people will be given more opportunities for development. I was very impressed by this statement. I'm from Yunnan. It takes me eight hours by plane to come here. But I like snow very much, so I came to perform thanks to the development of the snow and ice tourism industry. This is a good job opportunity for me," said Zhang Can, a performer in Arxan City of north China's Inner Mongolia Autonomous Region.

"I read President Xi's New Year address yesterday. It conveyed wishes to every family that children should get a good education. And I hope that all the kids can get into their ideal schools," said Baoyindalai, a teacher.

As an inheritor of Chinese shadow puppetry, or shadow play, a time-honored Chinese folk art and an intangible cultural heritage, Wang Biao said that he will take pains to carry forward traditional Chinese culture by inheriting and protecting the aforementioned art.

"In his New Year's message, President Xi said that on the new journey of the Chinese path to modernization, everyone is the protagonist, every effort is precious, and every ray of light is shining. As a representative inheritor of national intangible cultural heritage, I shoulder a mission and responsibility to protect and inherit our intangible cultural heritage, involve more people in understanding our traditional Chinese culture and bring vitality to the new era," said Wang.

Xi's 2025 New Year message inspires people to strive for brighter future

Xi's 2025 New Year message inspires people to strive for brighter future

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ECB cuts interest rates by 25 basis points

2025-03-07 03:04 Last Updated At:03:17

The European Central Bank (ECB) announced on Thursday that it would slash key interest rates by 25 basis points in a bid to wind down the restrictive monetary policy.

Effective from March 12, the interest rates on the deposit facility, the main refinancing operations and the marginal lending facility will be decreased to 2.50 percent, 2.65 percent and 2.90 percent respectively, said the central bank in a statement.

The disinflation process is well on track, with headline inflation averaging 2.3 percent in 2025, 1.9 percent in 2026 and 2.0 percent in 2027, the ECB said.

The decision to keep on cutting rates came at a time when the economy in the eurozone is facing increasing uncertainties.

In its latest edition of the staff projections on Thursday, the ECB lowered its forecast for economic growth in the eurozone to 0.9 percent for 2025, 1.2 percent for 2026 and 1.3 percent for 2027.

This marks a downward revision from the ECB's forecast in December last year, which had projected 1.1 percent growth in 2025 and 1.4 percent in 2026, while the 2027 outlook remains unchanged.

The ECB attributed the weaker growth outlook for 2025 and 2026 to declining exports and sluggish investment, citing high trade policy uncertainty and broader economic instability as key factors.

ECB cuts interest rates by 25 basis points

ECB cuts interest rates by 25 basis points

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