Xi Jinping becomes President of China for the third time: more powerful than before, broken 40-year-old tradition
The 14th meeting of the National People's Congress (NPC) has sealed the third term of Chinese President Xi Jinping. Now his power has increased even more. He was given a third term as President on Friday (10 March).
Xi Jinping has been elected the President of China for the third time. The 14th meeting of the National People's Congress (NPC) has sealed the third term of Chinese President Xi Jinping. Now his power has increased even more. He was given a third term on March 10, 2023. With his third term, Xi, 69, will become the longest-serving head of state in modern China. In the meeting, Jinping further strengthened his grip on the Chinese government and economy. Jinping came to power in 2012. All the leaders who were presidents before him have been retiring for two terms of five years or at the age of 68 years. In 2018, China abolished the two-term limit for the presidency. After this, Jinping has now become the most powerful leader of China.
With the election of Jinping as the President for the third time, the four-decade-old rule of the Communist Party of China was broken. From the year 1982, the term of the presidency was 10 years. With Xi being given a third term, this rule has been broken. On March 5, the meeting of China's Parliament National People's Congress started. In this week-long meeting, questions were raised regarding many policies of Xi, especially the zero covid policy. However, Xi managed to overcome all these allegations.
With Jinping becoming president for the third time, his power will increase even more. It is believed that this will further strengthen their power in China. 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.
It has been decided in the meeting that China will spend Rs 18 lakh crore in the year 2023 on its defence. Which is about 3 times more than India's defence budget. At the same time, the target of China's economic growth for 2023 has been kept at 5 percent. However, China's economy has been growing at a slow pace since Covid. In the year 2022, the pace of China's economy was reduced to just three percent.