On the way

"Xi has transformed China at an astonishing pace," Geoff Raby said in his column in the Australian Financial Review. "At over 8,000 U.S. dollars per capita, China is now at the higher end of the World Bank's middle-income economy range, and some 40 percent of that was added during Xi's tenure."

"This is the new order in Asia. It is no longer emerging, it has arrived," he said.

The People's Republic of China will celebrate its 70th anniversary next year. The Chinese nation with a history of humiliation has stood up, grown rich and is becoming strong.

Xi's reform has laid a firm foundation for the Chinese nation's rejuvenation. It will be the first time in human history that a country of more than 1 billion people march into modernization as a whole.

China's reform has inspired the world: developing countries can walk a new path to modernization that is different from the West. It breaks the "end of history" and "Western-centered" mentalities.

The year 2018 also marks the 200th anniversary of Karl Marx's birth. China's successful practice has injected new vitality into the classic theory named after him.

What Xi aims to develop is a model of how a rising country can avoid confrontation with an established one. It will show that different civilizations can enrich exchanges and co-exist peacefully.

The reform is still on the way. It is no easy task to change the world's biggest developing country. China's per capita GDP has surpassed 8,000 U.S. dollars, yet far from 57,000 dollars of the United States.

China is still facing an unbalanced industrial structure, weak innovation and financial risks.

Xi has many challenges ahead. With great courage, he is ready to lead the Party and the country to forge ahead with the reform.

"A lot of progress has been made over the past few years," Xi said. "But much can still be achieved as we embark on the new journey."