The economy – the world's second largest – is "overall stable and making progress", says Xi in a speech before China's advisory political conference on New Year's Eve.
A property crisis, weak consumption, and a growing debt mountain have weighed on the country in recent years. The government in Beijing has responded with a range of stimuli to get the recovery going.
To continue the development, Xi says that "proactive and effective macroeconomic measures" are now required in the coming years.
The President also says that China's GDP is expected to increase by around 5 percent this year, which is in line with the official target.
The International Monetary Fund (IMF) expects a GDP increase of 4.8 percent this year and 4.5 percent in 2025.
Xi's statements come at the same time as the purchasing managers' index from the Chinese authorities shows a continued upward pressure on the economy – both in industry and in the service sector.
