President Xi Jinping delivered an important speech at a grand gathering in Beijing on Friday that commemorated the 70th anniversary of the Chinese People's Volunteers army entering the Democratic People's Republic of Korea to help in the war to resist US aggression.

Here are the highlights:

Historic significance of the war

- Lauding CPV's great patriotism; Paying tribute to revolutionary forefathers

- The great war defied the invasion and expansion of imperialism and safeguarded the security of New China; It also safeguarded the peaceful life of the Chinese people, stabilized the situation in the Korean Peninsula and upheld peace in Asia and the world; The great victory of the war will be forever etched in the history of the Chinese nation and the history of peace, development and progress of humankind.

- Over 197,000 Chinese people had died in the war

- Chinese and DPRK people and armies went through thick and thin, forging great friendship with blood in the war.

- All peace-loving countries and people, and friendly organizations and personnel in the world gave their firm support and assistance to the CPV entering the Korean front in the war. On behalf of the Party, the government and the army of China, I express heartfelt thanks to them.

- CPV's entry into Korean front a just move of an army for justice

- The forces of China and the Democratic People's Republic of Korea defeated their armed-to-teeth rival and shattered the myth of invincibility of the US army.

－The great victory of the war is a declaration that the Chinese people have stood firm in the East, and an important milestone in the Chinese nation's march toward the great rejuvenation.

- The war smashed aggressors' plot to nip New China in the bud and fully demonstrated the iron-clad will of the Chinese people to defy hegemony.

- After winning the war, Chinese people completely got rid of the label of the "Sick Man of East Asia."

- The victory of the war fully demonstrates the Chinese people's solidarity and tenacity and resolve to safeguard world peace, laid solid foundation for New China's important status in Asia and international affairs, greatly advanced the modernization of the national defense and the armed forces.

- The victory of the war has shown that justice is sure to prevail over power

Passing down spirit of CPV through generations

- It is necessary to speak to invaders in the language they know: that is, a war must be fought to deter invasion, and violence must be met by violence.

- A victory is needed to win peace and respect.

- The Chinese nation will never cower before threats, or be subdued by suppression.

- We need to pool the formidable national strength that unites all, regardless of how times may evolve.

- We need to promote the national wisdom of keeping to the right path, making innovations, and striving to march forward.

Advancing socialism with Chinese characteristics for new era

- Making the Party even stronger

- Upholding the principle of putting people first

- Building up China's comprehensive national strength

- Accelerating the modernization of national defense and the armed forces

- Safeguarding world peace and justice

China's resolve

- China is ready to work with the world people to build a community with a shared future for humanity

- China will never allow its national sovereignty, security and development interests to be undermined.

- Pursuing unilateralism, protectionism and extreme egoism leads nowhere.

- Seeking peaceful development and win-win cooperation is the right way forward.

- Practices of blackmailing, blocking and exerting maximum pressure on other countries lead nowhere.

- China never seeks hegemony or expansion and firmly opposes hegemonism and power politics.

- Acts of pursuing hegemony or bullying lead nowhere.

- China will never allow any forces to violate or separate its sacred territory.

- Chinese people are firm and confident while looking ahead to the bright prospect of the great rejuvenation of the Chinese nation.