President Xi Jinping delivered a keynote speech at the 28th Asia-Pacific Economic Cooperation Economic Leaders' Meeting on Nov. 12th evening via video link in Beijing. Let’s take a look at what important information has been sent from Xi’s speech.
1.Building an Asia-Pacific community with a shared future featuring openness and inclusiveness, innovation-driven growth, greater connectivity, and mutually beneficial cooperation.
President Xi Jinping said: This year marks the 30th anniversary of China's joining of APEC. It has been three decades of deepening reform and opening-up for China, and of broadening economic cooperation across the Asia-Pacific. Indeed, the Asia-Pacific region has become the most dynamic and promising economic powerhouse globally, staying at the forefront of world economic development, and making its positive contribution to global growth and to the well-being of people in the region. We shall keep up our good work to put the Putrajaya Vision 2040 into action, and endeavor to build an Asia-Pacific community with a shared future featuring openness and inclusiveness, innovation-driven growth, greater connectivity, and mutually beneficial cooperation.
2.Openness is the lifeline of Asia-Pacific cooperation.
Xi said: Openness is the lifeline of Asia-Pacific cooperation. We need to uphold open regionalism, follow the guidance of the APEC Vision 2040 in advancing regional economic integration, and work for the early realization of a high-standard Free Trade Area of the Asia-Pacific (FTAAP).
3.Sticking to dialogue rather than confrontation, inclusiveness rather than exclusion, and integration rather than decoupling
Xi said: We need to practice true multilateralism, stick to dialogue rather than confrontation, inclusiveness rather than exclusion, and integration rather than decoupling, and be resolute in safeguarding the multilateral trading regime with the World Trade Organization (WTO) at its core.
4.Innovation is an important driving force that propels world development.
Xi said: Innovation is an important driving force that propels world development. We need to commit ourselves to innovation-driven development, harness the power of the digital economy as a new growth engine, and spread the fruits of digital technologies to more people in our region. We need to implement the APEC Internet and Digital Economy Roadmap in a full and balanced manner, and foster an open, fair, just and non-discriminatory environment for innovation and the growth of productivity. We need to further develop the digital infrastructure, speed up digital transformation, strive to bridge the digital divide, and promote development of the digital economy in an all-round way. China has put forward the initiative of Enhancing Implementation of APEC Connectivity Blueprint (2015-2025) in the Digital Era. We support stronger international cooperation on the digital economy, and have applied to join the Digital Economy Partnership Agreement (DEPA).
5.Pursue inclusive and sustainable development
Xi said: We need to seek the harmonious coexistence between man and nature, actively respond to climate change, promote green and low-carbon transition, and foster a community of all life on Earth. China will strive to peak carbon dioxide emissions before 2030 and achieve carbon neutrality before 2060, and supports developing countries in developing green and low-carbon energies.
6.Economic and technological cooperation is an important area of APEC cooperation
Xi said: Economic and technological cooperation is an important area of APEC cooperation. We need to step up input, make sure that developing members get real benefit from such cooperation, and keep injecting new dynamism into the development and prosperity of the Asia-Pacific.
7.China will unswervingly expand opening-up, and share its development opportunities with APEC members and the wider world.
Xi said: This year marks the 100th anniversary of the founding of the Communist Party of China (CPC). It is the CPC's unchanging goal to deliver a better life for the over 1.4 billion Chinese people and to promote peace and development for humanity. Now, China has started a new journey toward fully building a modern socialist country. China will unswervingly expand opening-up, and share its development opportunities with APEC members and the wider world.