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Xi Jinping Attends the 26th APEC Economic Leaders' Meeting and Delivers an Important Speech

2018-11-18 13:40:44   Xinhua News Agency

   Xi Jinping Attends the 26th APEC Economic Leaders' Meeting and Delivers an Important Speech

Emphasize to understand the world trend, grasp the economic pulse, and promote Asia Pacific cooperation to a higher level

Xinhua News Agency, Port Moresby, November 18 (Reporter Sun Yong, Huo Xiaoguang, Luo Jun) The 26th APEC Economic Leaders' Meeting was held in Port Moresby, Papua New Guinea, on the 18th. President Xi Jinping attended and delivered an important speech entitled Seizing the Opportunities of the Times and Jointly Seeking Prosperity in the Asia Pacific, stressing that all parties in the Asia Pacific region should follow the trend of economic globalization, adhere to the purpose of promoting regional economic integration, grasp the general direction of building an open world economy, strive to maintain the momentum of Asia Pacific cooperation, and steadily move towards a higher level.

Before the meeting, Xi Jinping and other leaders arrived in turn and were warmly welcomed by Prime Minister O'Neill of Papua New Guinea.

The meeting began at about 10:30 a.m. local time. O'Neill presided over. The theme of this APEC Informal Leaders' Meeting is "Seizing Inclusive Opportunities and Embracing a Digital Future". Leaders of participating economies exchanged in-depth views on key issues such as "connecting the digital future and achieving inclusive growth", reviewed the course of cooperation and discussed the vision of the Asia Pacific.

In his speech, Xi Jinping pointed out that in today's world, development and change are surging. Standing at the crossroads of historical progress, we should recognize the world trend, grasp the economic pulse, clarify the future direction, and answer the propositions of the times.

First, we should continue to promote regional economic integration and build an open Asia Pacific economy. We should continue to promote trade and investment liberalization and facilitation. For various free trade arrangements, we should adhere to the principles of openness, inclusiveness and transparency, promote mutual coordination and achieve positive interaction. We should firmly uphold the rule-based multilateral trading system and take a clear stand against protectionism. The reform of the World Trade Organization should adhere to the core values and basic principles of the multilateral trading system. We should guide economic globalization towards a more open, inclusive, inclusive, balanced and win-win direction.

Second, adhere to innovation driven and foster new growth drivers. We should implement the Roadmap of the Internet and the Digital Economy in an all-round and balanced way, unleash the growth potential of the digital economy, strengthen the construction of digital infrastructure and capacity, enhance the accessibility of the digital economy, bridge the digital divide, enable members at different stages of development to share the achievements of the digital economy, and enable people in the Asia Pacific region to catch the fast train of digital economy development.

Third, we need to improve connectivity and promote inclusive and interconnected development. We should thoroughly implement the connectivity blueprint, take the 2030 Agenda for Sustainable Development as the guide, and take more practical measures to make development more balanced, growth more sustainable, opportunities more equal, and society more inclusive.

Fourth, we should continue to deepen partnerships and work together to meet common challenges. We should adhere to the common factor of seeking common development and explore solutions to common challenges. We should base ourselves on the reality of diversity, respect each other's choice of development paths, blend and learn from each other on the basis of openness and inclusiveness, and work together to build an Asia Pacific community of shared future through mutually beneficial cooperation while pursuing healthy competition.

Xi Jinping pointed out that this year marks the 40th anniversary of China's reform and opening up. China will unswervingly deepen reform in an all-round way and adhere to the basic national policy of opening up. China adheres to the people centred development idea and practices the new development concept of innovation, coordination, green, openness and sharing. The overall momentum of long-term stability and improvement of China's economy will continue. China is willing to deepen digital economic cooperation with all parties in the Asia Pacific region, foster more points of convergence of interests and economic growth, and inject strong new momentum into the Asia Pacific economy. China will work with other countries to jointly build and share the Belt and Road with high quality, high standards and high standards, creating greater development opportunities for people in the Asia Pacific region and around the world.

Xi Jinping stressed that the leaders of the Asia Pacific region have the responsibility to plan the cooperation vision of APEC after 2020. China is an active advocate and firm practitioner of Asia Pacific cooperation. China's development is inseparable from close cooperation with all parties in the Asia Pacific region, which has also expanded broad space for the development of the Asia Pacific region. China will deeply participate in the Asia Pacific cooperation process, deepen practical cooperation with all parties, and make new contributions to the development and prosperity of the Asia Pacific region!

Leaders of the participating economies said that the Asia Pacific economy has a promising future, but it also faces trade barriers and protectionist challenges. Under the current situation, all parties should firmly uphold multilateralism and the multilateral trading system, oppose protectionism, support APEC to continue to play an important role in promoting trade and investment liberalization and facilitation, as well as achieving balanced, innovative, sustainable and inclusive growth, promote the construction of the Asia Pacific Free Trade Area, and work together to build a dynamic and open Asia Pacific. All parties should promptly formulate the APEC cooperation vision after 2020 and promote digital and innovative achievements in all economies.

On the morning of the same day, Xi Jinping also attended the informal dialogue on the world economic situation with leaders of APEC economies, and listened to the introduction of the world economic situation by President Lagarde of the International Monetary Fund.

Edit: Li Xueping

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