Business news from Ukraine

Xi Jinping announces accelerated development of China’s military

During his speech at the 20th Congress of the Communist Party of China (CCP), which opened on Sunday, Chinese President Xi Jinping announced his desire to develop the Chinese Armed Forces at a faster pace.
“We will work faster to modernize military theory, training of military personnel and weapons. We will increase the strategic military potential,” the Associated Press (AP) quoted the Chinese chairman as saying.
He also promised that the CCP will make more efforts for the country’s technological development and to strengthen food security and industrial supply chains.
He noted that China will achieve technological “self-sufficiency and power” through the development of the educational system and the invitation of foreign experts. Xi Jinping also spoke about plans to launch “significant national projects,” but did not specify which projects he was talking about.
In addition, Xi Jinping called the “zero tolerance” policy for COVID-19 a success. At the same time, AP notes, he did not explain whether the authorities would change their approach in the fight against coronavirus.
It was previously reported that the 20th Congress would elect the Central Committee, which in turn would approve the members of the Politburo and its Standing Committee, as well as the list of members of the CPC Central Commission for Discipline Inspection.
General Secretary of the CPC Central Committee Xi Jinping is expected to be re-elected for a third term. This will pave the way for his re-election as President of the People’s Republic of China at the session of the National People’s Congress (NPC) in 2023.
He has been the head of state since 2013, and in 2018, at the session of the NPC, amendments to the constitution were adopted to abolish the limitation of the powers of the President of the PRC to two terms. The Charter of the Communist Party of China does not provide for a time limit for occupying the highest party post.

,