Overseeing his third major military parade, Xi Jinping speaks to the nation and assembled world leaders before inspecting the troops

WATCH LIVE: Beijing marks 80th anniversary of Japan’s WWII surrender

Some Communist Party elders, including former president Hu Jintao and former premiers Wen Jiabao and Zhu Rongji, are also expected to attend, health permitting.

Many of the new weapons displayed by the PLA are expected to play a key role in any future conflict involving Taiwan.

Reporting by Josephine Ma, Dewey Sim, Yuanyue Dang, Enoch Wong, Vincent Choi, Alcott Wei, Richard Zhang, Holly Chik, Xinlu Liang, Amber Wang and Eugene Lee