Kim said that the great October Socialist Revolution that took place in Russia in 1917 was an epoch-making milestone in history that enabled the working masses to fulfil their long-cherished desire for an ideal society-a society free from exploitation and oppression where everybody enjoys an equitable happy life.

The history of mankind for the last century shows that capitalism, for its reactionary nature and structural contradictions, can never bring dignity and happiness to the masses of people, while socialism, with its eternal viability for its scientific accuracy and truthful nature, is the only future of mankind, said Kim, adding:

In the report to the historic Seventh Congress of the WPK, Comrade Kim Jong Un, chairman of the WPK, declared that socialism is a common ideal of mankind, that it is a law of historical development that mankind advances socialism.

Under circumstances where there is a sharp confrontation between socialism and capitalism, the WPK has held high the banner of socialism and built socialism of our own style centred on the masses of people, in the face-to-face showdown with U.S. imperialism, the chieftain of the world reactionary forces.

The miraculous successes being made in the DPRK is vivid evidence of the truth that socialism is science and so is its victory.

To build a peaceful world free from war is the goal the WPK is aiming at: to endeavor for peace and security of the region and the rest of the world is the consistent stance of the WPK.

The current situation on the Korean peninsula clearly proves that our nuclear weapons are now serving as powerful deterrence that safeguard peace and security on the Korean peninsula and in Northeast Asia and guarantee the Korean nation its sovereignty, right to existence and right to development.

No matter who says what, the WPK will never step back even an inch from the path of Byongjin, and will firmly defend the Korean-style socialism centred on the masses of people. We will root out the U.S. threats of a nuclear war and safeguard peace on the Korean peninsula and in the region.

The WPK will continue to stand shoulder to shoulder with the communist and workers' parties of the world in the effort to advance the victory of the cause of socialism, the future of mankind.