Xi Highlights Global Impact of China's Communist Party at 105Th Anniversary

WHO:

CNBC - Chinese President Xi Jinping, also the general secretary of the Communist Party of China (CCP).

WHAT:

CNBC - Xi Jinping delivered a speech lasting about 40 minutes to commemorate the 105th anniversary of the CCP.

CNBC - Xi described the CCP as "the world's largest ruling party with significant global influence."

CNBC - China accounts for about 28% of goods manufactured globally.

CNBC - China will raise defense spending by 7% this year, the slowest increase since 2021.

CNBC - Xi stated, "A strong country must have a strong military, and only a strong military can ensure national security."

WHERE:

CNBC - The speech took place in the Great Hall of the People in Beijing.

WHEN:

CNBC - The CCP was founded on July 1, 1921.

CNBC - The People's Republic of China was established on October 1, 1949.

CNBC - Xi is scheduled to visit the U.S. in September following Trump's visit to Beijing in May.

WHY:

CNBC - Xi emphasized the global influence of the CCP and its role in changing the trend and trajectory of the world's development.

CNBC - Xi reiterated opposition to "Taiwan independence" efforts and "external interference," stating it is the party's "unwavering historical responsibility" to resolve the Taiwan issue.

HOW:

CNBC - Xi described the CCP's historical role in enabling China to overthrow imperialism, feudalism, and bureaucratic capitalism, paving the way for industrialization.

(UPDATED July 1, 2026 17:42 UTC)

Chinese President Xi Jinping delivered a 40-minute speech at the Great Hall of the People in Beijing to commemorate the 105th anniversary of the Communist Party of China, which he described as "the world's largest ruling party with significant global influence." He announced that China will raise defense spending by 7% this year, the slowest increase since 2021, emphasizing that "a strong country must have a strong military" to ensure national security. In his remarks, Xi also reiterated the party's commitment to opposing "Taiwan independence" and highlighted its historical role in transforming China by overthrowing imperialism and paving the way for industrialization.