"We must ensure the practice of 'one country, two systems' is firmly upheld without losing shape or becoming distorted," Xi added.
He also pledged adherence to the 1992 Consensus as the common political foundation, as well as relentless efforts to boost the peaceful development of relations across the Taiwan Strait, and to achieve the complete reunification of the motherland.
"We will hold high the banners of peace, development, cooperation and mutual gain to build a human community of shared future," Xi said.
In his speech, Xi highlighted the 19th CPC National Congress to be held in 2017, calling it a major event in the political life of the Party, the state and people of all ethnic groups.
He also stressed 2017 as an important year for implementing the country's economic and social development blueprint for the 13th Five-Year Plan period, and deepening supply-side structural reform.
Looking back, Xi said, 2016 was a crucial year in the journey of the Chinese nation to great rejuvenation.
The CPC Central Committee, rallying and leading people of all ethnic groups across China, embarked on the "great march" in the decisive stage of building a moderately prosperous society, launched the uphill battle of supply-side structural reform, and "sounded the bugle to call the charge" on poverty, Xi said.
China has scored a good beginning for the 13th Five-Year Plan, the president added.
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