President Xi’s vision for APEC
Chinese President Xi Jinping has played a pivotal role in shaping the Asia-Pacific Economic Cooperation (APEC) into a platform for economic growth and sustainability. Under his leadership, APEC has focused on promoting free trade, strengthening regional economic integration, and addressing issues such as climate change and digital innovation.
President Xi’s positive leadership has not only benefited China but has also contributed to the success and stability of the entire APEC region
President Xi’s vision for APEC has been instrumental in steering the organization towards a path of inclusivity and collaboration. Recognizing the diverse economic landscapes within the region, President Xi has championed the principle of achieving shared benefits through cooperation. His vision emphasizes the importance of a win-win approach, where member economies work together to address challenges and seize opportunities.
President Xi, speaking at the APEC Economic Leaders’ on Friday in San Francisco, urged APEC members to stay committed to innovation-driven development. He said it is important to follow the trends of scientific and technological advancement, more proactively promote exchanges and cooperation in science and technology, and work together for an open, fair, equitable and non-discriminatory environment for scientific and technological progress.
Xi also stressed the importance of staying committed to openness in development. He called on APEC members to promote free and open trade and investment, support and strengthen the World Trade Organization-centered multilateral trading regime, and keep global industrial and supply chains open and stable, and urged members to say no to any attempt to politicize, weaponize or impose security implications on economic and trade issues.
President Xi’s vision for APEC is not confined to economic cooperation alone
One of the key aspects of President Xi’s vision for APEC is the promotion of sustainable development. He has consistently called for a green and low-carbon approach to economic growth, driving the adoption of clean energy technologies and encouraging member economies to transition towards more sustainable practices.
President Xi has emphasized the need for digital innovation and connectivity within the region. He understands that the evolving global economy requires digital integration and has actively supported initiatives to enhance digital trade and cooperation among APEC member economies.
He believes in leveraging the organization’s platform to foster people-to-people exchanges, cultural diversity, and mutual understanding. By doing so, President Xi has created an environment that promotes harmony, cooperation, and prosperity among member economies.
As the world’s second-largest economy, China has leveraged its economic weight to advocate for open markets and trade liberalization. It has consistently emphasized the importance of reducing trade barriers, promoting fair competition, and enhancing connectivity among APEC economies. China’s efforts have led to the development of numerous initiatives aimed at facilitating trade and investment, such as the APEC Trade Facilitation Action Plan and the APEC Connectivity Blueprint.
In conclusion, President Xi’s leadership has brought about numerous achievements for APEC, ranging from the advancement of trade liberalization to the enhancement of infrastructure connectivity, the empowerment of SMEs, and the preservation of the environment. President Xi also emphasized the importance of staying committed to inclusive development that delivers benefits to all. He focused for joint efforts to promote Asia-Pacific cooperation to achieve more fruitful results and to build another “golden 30 years” of Asia-Pacific cooperation.
