Chinese president delivers New Year address

Chinese President Hu Jintao delivered a New Year's address via state broadcasters Monday.

While addressing domestic and overseas audiences, he said the country will continue to transform its economic development pattern as well as pursue progress while ensuring stability in 2013.

He said the country aims to make a "good start" in the new year in achieving development goals outlined in the report of the 18th National Congress of the Communist Party of China (CPC).