"This great event completely reversed China's miserable fate born from poverty and weakness and being bullied and humiliated over more than 100 years since the advent of modern times," Xi said, adding that the Chinese nation has since then embarked on the path of realizing national rejuvenation.

Over the past seven decades Chinese people of all ethnic groups have made great achievements that amazed the world through concerted efforts and arduous struggle, he said.

Xi stressed the importance of upholding the Party leadership, ensuring the principal status of the people, staying on the path of socialism with Chinese characteristics and fully implementing the Party's basic theory, line and policy.

He called for efforts to constantly meet people's aspirations for a better life and make new historic achievements.

Xi stressed that the principles of "peaceful reunification" and "one country, two systems" should be upheld.

He demanded efforts to maintain lasting prosperity and stability in Hong Kong and Macao, promote the peaceful development of cross-Strait relations, unite all Chinese sons and daughters, and continue to strive for China's complete reunification.

Xi pledged that the country will stay on the path of peaceful development and pursue a mutually beneficial strategy of opening up.

"We will continue to work with people from all countries to jointly build a community with a shared future for humanity," he said.

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