0 votes against, 2952 in favor. On the occasion of the annual session of Parliament, delegates gathering in the Great Hall of the People unanimously elected President Xi Jinping to a third term.

This position is an addition to the ones already secured at the XXth Party Congress last October, General Secretary of the Party and Chairman of the Central Military Committee.

Some already regarded China's domestic and international issues as weakening Xi's authority. Nonetheless, it should be highlighted that the Party's General Secretary keeps tightening both his and the Party's authority over the Party-State and the State.

Although though Xi Jinping did not address the crowd until the end of the parliamentary session, his remarks punctuated the political discussion and made clear the president's worries.

In a rare move, Xi openly attacked the US in front of Chinese businessmen, saying, "Western nations, led by the United States, have adopted a policy of confining, surrounding, and choking us, which presents unprecedented difficulties to China's growth." The following day, Qin Gang, the new State Councilor and Foreign Minister, issued a stern warning to Washington: "If the United States continues to proceed in the wrong way, confrontations and clashes would certainly occur."

'Made in China' on your chips, please?

The top official in China also expressed specific worry about American actions to impede his nation's access to semiconductors. "Are your chips 'manufactured in China'?" he asked a construction equipment maker. One of the leader's top priorities is to achieve self-sufficiency in a few important areas since he is "dissatisfied" with the slow pace of technical advancement in recent years.

For this reason, a new Central Party Commission will now be established to monitor the activities of the Ministry of Science and Technology. This shift is a component of a larger political reorganization that involves granting the Party more power at the expense of the State. This restructuring and placement of a new financial regulator under the control of the Central Bank and the Banking and Financial Supervision (CBIRC) is also of concern to them.

The Chinese leader spoke to private businesses and entrepreneurs during parliament in an effort to comfort them: "Get rid of your issues, put your worries aside, and grow bravely! (...) We count you among us! "He informed them. The employers merely want to believe it, but in order for it to happen, it will be required to make the deed public. And the president's exhortations to act in a "loving and responsible" manner by sharing out their money in the name of "shared prosperity" do not reassure them.