Xi Jinping: Reform and opening-up generates vigor for development
CGTN
01:16

Chinese President Xi Jinping, delivering his New Year speech on Tuesday, said China had pressed on with reform and opening-up over the past 12 months. 

President Xi said the policy has continuously "generated vigor" for China's development across all sectors and the people are experiencing the benefits. 

Xi cited several examples of progress, from reform of Party and government institutions to the establishment of Free Trade Zones, from tax cuts of more than 2 trillion yuan to lower costs for medicine and cheaper and faster internet connections.  

"New changes are taking place and everywhere and the country is taking on a fresh look," Xi said in his speech.