Chinese President Xi Jinping's New Year speech has been warmly received by overseas media, which have praised China's remarkable achievements and lauded the speech for reflecting national confidence. 

The speech was broadly confident, said Bloomberg, as China's economy shows signs of stabilization and China nears completing a "phase one" deal with the U.S. side. 

Noting Xi's resolve to eradicate extreme poverty in China, Bloomberg added it is part of a bid to improve growth. 

Similarly, The Times of India said Xi gave an upbeat picture of the Chinese economy in his address. 

The Star, an English-language newspaper in Malaysia, said Xi hailed China's achievements in his speech and hoped the best for Hong Kong people. 

On the Hong Kong issue, South China Morning Post reported Xi's sincere hope that the city could strive for stability.

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Highlights: Xi Jinping's New Year speech 

Key quotes: Xi Jinping's New Year speech

Meanwhile, overseas analysts also lauded the speech, hailing China's fruitful cooperation with countries around the world. 

Xi has delivered a clear and powerful speech, said Evaristus Irandu, a professor at the University of Nairobi. 

Oleg Timofeyev, associate professor at the People's Friendship University of Russia, said China's model of multilateral cooperation is very attractive for many countries, and it is gaining wider recognition around the world. 

China is a trusted partner for all the Arab countries and its cooperation with Arab countries is welcome, said Heba Gamal Eldin, a professor of political science at Egypt's Institute of National Planning and a member of the Egyptian Council for Foreign Affairs.