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Why It Matters: There's no going back for Xi.

Xi will also need to focus on changing the country's economic model and patching vulnerabilities in its financial system, which achieved record growth as a result of China's unfettered debt-fuelled expansion over the past decade. In another sign of weakened growth, Beijing also abruptly delayed the publication of its third-quarter GDP data, a day before it was set to be released.

When Xi came to power a decade ago, China had just overtaken Japan to become the world's second-largest economy, but it now potentially faces its second-lowest growth rate in 46 years, with the International Monetary Fund recently cutting its forecast for China's growth to 3.2 percent this year. While light on specifics, the vision set forth by Xi points towards even more hard-line policies from Beijing as it grapples with economic headwinds at home, an intensifying rivalry with the United States, and fierce technological competition abroad. With Xi's hold on power cemented at home, he used his lengthy October 16 report to China's ruling elite to warn that risk-filled times are coming to the country and the world and called on Communist Party members to adopt a fighting spirit to domestic challenges and continue to seize opportunities unveiled by changes on the global stage.

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Xi Jinping used his opening remarks at China's weeklong Communist Party congress to outline a vision of how to lead the country toward superpower status as he defended his decade in power and said that tough policy lines would be needed to enshrine China's rise amid growing global threats.įinding Perspective: The Chinese leader is poised to claim his third term by the end of the week, but the process is only a formality at this point.

I'm RFE/RL correspondent Reid Standish and here's what I'm following right now. Welcome back to the China In Eurasia briefing, an RFE/RL newsletter tracking China's resurgent influence from Eastern Europe to Central Asia.