Chinese President Xi Jinping waves next to former president Hu Jintao during a ceremony in Beijing to mark the 100th anniversary of the founding of the Chinese Communist Party. AP
Chinese President Xi Jinping waves next to former president Hu Jintao during a ceremony in Beijing to mark the 100th anniversary of the founding of the Chinese Communist Party. AP
Chinese President Xi Jinping waves next to former president Hu Jintao during a ceremony in Beijing to mark the 100th anniversary of the founding of the Chinese Communist Party. AP
Chinese President Xi Jinping waves next to former president Hu Jintao during a ceremony in Beijing to mark the 100th anniversary of the founding of the Chinese Communist Party. AP

Xi Jinping hails 'new world' as China marks Communist Party centenary


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Chinese President Xi Jinping on Thursday hailed a “new world” created by the country's people as China's Communist Party marked the centenary of its founding and warned foreign forces attempting to bully the nation will “get their heads bashed".

In an hour-long televised address from Tiananmen Square after watching fighter jets form a “100" in a fly-by, Mr Xi pledged to build up China's military, committed to the “reunification” of Taiwan and stressed the autonomy held by Hong Kong and Macau.

“The people of China are not only good at destroying the old world, they have also created a new world,” said Mr Xi, China's most powerful leader since Mao Zedong. “Only socialism can save China.”

Mr Xi and the party are riding high as China recovers briskly from the Covid-19 outbreak and takes a more assertive stand on the global stage.

But Beijing faces external criticism over its clampdown in Hong Kong and treatment of ethnic minorities in Xinjiang, and contends with a worsening demographic outlook that imperils long-term economic growth.

The people of China would never allow any foreign force to bully, oppress, or subjugate them, Mr Xi said.

“Anyone who dares try to do that will have their heads bashed bloody against the Great Wall of steel forged by over 1.4 billion Chinese people,” he said, sparking applause from the audience gathered in the square in central Beijing.

Thursday's celebrations began with a fly-by of fighter jets and helicopters observed by the nation's leaders, seated at the southern ramparts of the Forbidden City.

Mr Xi said China had achieved its centenary goal of building “a moderately prosperous society”.

China will build up its military to safeguard its sovereignty, security and development, elevating it to world-class standards, Mr Xi said in his address.

“We must accelerate the modernisation of national defence and the armed forces,” said Mr Xi, who is also chairman of the Central Military Commission, which controls the country's armed forces.

No one should underestimate the resolve of the Chinese people to defend China's sovereignty and territorial integrity, he said.

Resolving the Taiwan question and realising China's complete “reunification” is an “unswerving historical task” of the party, Mr Xi said.

“All sons and daughters of China, including compatriots on both sides of the Taiwan Strait, must work together and move forward in solidarity, resolutely smashing any 'Taiwan independence' plots,” he said.

On Hong Kong and Macau, Mr Xi said their social stability will be ensured, while protecting China's sovereignty, security and development interests.

“We will stay true to the letter and spirit of the principle of 'One Country, Two Systems', under which the people of Hong Kong administer Hong Kong, and the people of Macau administer Macau, both with a high degree of autonomy,” Mr Xi said.

The Chinese Communist Party, which came to power in 1949 under Mao, initially recruited peasants and workers, but has evolved to embrace markets and entrepreneurship under “socialism with Chinese characteristics,” while retaining a Leninist model of authoritarianism.

Party ranks swelled by 2.43 million in 2020, the largest annual gain since Mr Xi became president in 2013, to 95.15 million members now, data released on Wednesday showed.

On Monday, Mr Xi presided over theatrical performances at the “Bird's Nest” National Stadium in a show attended by thousands and that state media described as “epic".

At the end, the audience rose to sing a song, “Without the Communist Party, There Would Be No New China”.

Mr Xi said any attempt to divide the party from the Chinese people or to set the people against the party was bound to fail.

“The more than 95 million party members and the more than 1.4 billion Chinese people will never allow such a scenario to come to pass,” Mr Xi said.

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Company name: Nestrom

Started: 2017

Co-founders: Yousef Wadi, Kanaan Manasrah and Shadi Shalabi

Based: Jordan

Sector: Technology

Initial investment: Close to $100,000

Investors: Propeller, 500 Startups, Wamda Capital, Agrimatico, Techstars and some angel investors

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MATCH INFO

Uefa Champions League, semi-final result:

Liverpool 4-0 Barcelona

Liverpool win 4-3 on aggregate

Champions Legaue final: June 1, Madrid

Bert van Marwijk factfile

Born: May 19 1952
Place of birth: Deventer, Netherlands
Playing position: Midfielder

Teams managed:
1998-2000 Fortuna Sittard
2000-2004 Feyenoord
2004-2006 Borussia Dortmund
2007-2008 Feyenoord
2008-2012 Netherlands
2013-2014 Hamburg
2015-2017 Saudi Arabia
2018 Australia

Major honours (manager):
2001/02 Uefa Cup, Feyenoord
2007/08 KNVB Cup, Feyenoord
World Cup runner-up, Netherlands

Real estate tokenisation project

Dubai launched the pilot phase of its real estate tokenisation project last month.

The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.

Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.

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BUNDESLIGA FIXTURES

Saturday

Borussia Dortmund v Eintracht Frankfurt (5.30pm kick-off UAE)

Bayer Leverkusen v Schalke (5.30pm)

Wolfsburg v Cologne (5.30pm)

Mainz v Arminia Bielefeld (5.30pm)

Augsburg v Hoffenheim (5.30pm)

RB Leipzig v Bayern Munich (8.30pm)

Borussia Monchengladbach v Freiburg (10.30pm)

Sunday

VfB Stuttgart v Werder Bremen  (5.30pm)

Union Berlin v Hertha Berlin (8pm)

Groom and Two Brides

Director: Elie Semaan

Starring: Abdullah Boushehri, Laila Abdallah, Lulwa Almulla

Rating: 3/5

Updated: July 01, 2021, 8:32 AM