Xi urges China to stay 'confident,' build tech in New Year's address

President offers little insight on consumption boost, expects GDP to hit 2024 target

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Chinese President Xi Jinping delivers his New Year's message on Dec. 31 in Beijing. (Xinhua via AP)

WATARU SUZUKI, Nikkei staff writer

SHANGHAI -- Chinese President Xi Jinping on Tuesday urged citizens to remain vigilant through turbulence in 2025, as the world's second-largest economy races to develop new growth engines in the face of looming uncertainties like U.S. relations under incoming President Donald Trump.

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