CPC unveils new top leadership for new journey toward modernization

He went on to express China's commitment to further promoting the building of a human community with a shared future.

"We will work with peoples of all other countries to champion humanity's shared values of peace, development, fairness, justice, democracy and freedom to safeguard global peace and promote global development, and keep promoting the building of a human community with a shared future," Xi said.

Just as China cannot develop in isolation from the world, the world needs China for its development, he said, adding that the Chinese economy would remain on the positive trajectory over the long run, and that the country will open its door wider to the rest of the world.

"We'll be steadfast in deepening reform and opening up across the board, and in pursuing high-quality development. A prosperous China will create many more opportunities for the world," Xi said.