On February 1st, President Xi Jinping shook hands with residents and extended Spring Festival greetings to them when he visited Caochang Sitiao Hutong at Beijing's Qianmen East community. He stressed that unique and profound cultural deposits are seen in Beijing’s hutong. To build a modernized China, we should not only conserve cultural deposits but also ensure residents a modern life. President Xi paid his New Year regards to Chinese people of all ethnicities, saying “Wish our Chinese people a better life!Wish our country a better future!Wish our people a harmonious and affluent family!Happy Chinese New Year!”