Liu Xiaoming, China's ambassador to the UK, delivered a rousing speech hailing the country's transformation into a major economic power on the 71st anniversary of the foundation of the People's Republic.

Liu led the celebrations, which were held online as a result of the ongoing COVID-19 pandemic and took the chance to note the achievements the country has made over the past decades. 

He said: "Since new China was born 71 years ago, tremendous changes have taken place in the country. Today, China has taken on a new look under the strong leadership of the Communist Party of China, thanks to the painstaking efforts of the Chinese people."

CLICK: READ OUR GUIDE ON THE THREE MAIN COVID-19 TESTS BEING USED IN EUROPE

Liu then reeled off China's proudest achievements, labeling the speed of change as a "miracle" before hailing its continued economic growth. 

"China has made great leaps, from gaining independence to becoming prosperous and growing strong and creating a miracle in the history of human development. China's overall national strength continues to grow; as the second largest economy, the largest industrial country, the largest trader in goods and the biggest holder of foreign exchange reserves.

"Today's China is an important engine of world economic growth. The Chinese people enjoy a stronger sense of achievement and happiness with a per capita gross national income exceeding $10,000 and 850 million people lifted out of poverty."

Liu also took the opportunity to look to the future and said China is keen to build harmonious, peaceful relationships with other countries.

"China adheres to the base national policy of opening up and actively expanding global partnerships and pursues world peace and global development and is a defender of international order. It's committed to working with people of all countries to build a peaceful future for mankind."