Chinese President Xi Jinping spoke Wednesday at the beginning of the Communist Party’s once-every-five-year Party Congress.

The president told the assembled members of the Communist Party that his nation’s prospects are bright, but it faces severe challenges.

Xi touted the success of China in recent years during the address, including what he characterized as overwhelming momentum for his anti-corruption campaign.

China’s Xi says anti-graft campaign has “overwhelming momentum”

Xi has waged a relentless fight against deep-rooted graft since assuming power five years ago, with more than one million officials punished and dozens of former senior officials jailed.

The president also highlighted Beijing’s firm opposition to Taiwan independence over the last five years.

This is a breaking news story. Check back for updates.

—The Associated Press and Reuters contributed to this report.

Source: cnbc china
Chinese President Xi Jinping touts successes of socialism at Communist Party Congress