Understanding Xi's vision of China and the world through New Year message

In December, China launched special customs operations in the Hainan Free Trade Port, the world's largest of its kind by area, allowing freer entry of overseas goods, expanded zero-tariff coverage and more business-friendly measures.

During his visit to the island province in November, Xi outlined his vision for the Free Trade Port to become a key gateway that leads China's new era of opening up to the world.

Historically, the island -- which extends further south than some parts of northern Thailand, Laos and Vietnam -- has been a focal point of the country's reform efforts. In 1988, it became the only provincial-level economic special zone, marking a pivotal moment in the nation's drive for modernization.

On this point of historical continuity, Xi said: "We are following the path of reform and opening-up with Chinese characteristics, step by step, and here we are today."

"China does not make empty promises," said Lee Ju-kwan, director of the National Center for APEC Studies at the Korea Institute for International Economic Policy of South Korea.

Lee said China has translated its commitments into specific actions, which "vividly demonstrate China's commitment to advancing openness and fulfilling its responsibilities as a major country," he added.

That is a message Xi has also made clear in the New Year message. "China always stands on the right side of history, and is ready to work with all countries to advance world peace and development and build a community with a shared future for humanity."