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China’s Xi Jinping elected Chinese President for historic 3rd term

China: The 14th meeting of the National People's Congress (NPC) has sealed Xi Jinping's third term as president, which will further increase his power. On Friday (March 10), he was given a third term as president. In the ongoing meeting, Xi Jinping has strengthened his grip on the Chinese government and economy.

By Priyanka Verma 
Updated Date

China: The 14th meeting of the National People’s Congress (NPC) has sealed Xi Jinping’s third term as president, which will further increase his power. On Friday (March 10), he was given a third term as president. In the ongoing meeting, Xi Jinping has strengthened his grip on the Chinese government and economy.

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Actually, China’s parliament National People’s Congress started its annual meeting on Sunday (March 5). This meeting continues for a week. In this, the 69-year-old Xi had to face some challenges. Many questions were also raised about his zero-covid policy. However, he has overcome all these. Lawmakers have instead focused on sweeping reforms of Beijing’s science ministry and technological capabilities.

Xi Jinping’s term has been extended for the third time in this meeting. Due to which their power in China will be further strengthened. His coronation made him the longest serving head of state of modern China. This would mean that Xi would govern well into his 70s and if no challenger emerges, his tenure would be even longer.

His third term begins at a time when the world’s second largest economy is growing at a slow pace. However, it has been decided in this meeting that this year China will spend 18 lakh crore rupees in the year 2023 on its defense. Which is about 3 times more than India’s defense budget. At the same time, the target of China’s economic growth for 2023 has been kept at 5 percent.

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