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Xi Jinping Attends the APEC Business Leaders Summit and Delivers a Keynote Speech

Stressing that the world economic development should adhere to openness, development, inclusiveness, innovation and rule orientation, announcing that China will hold the second Belt and Road Forum for International Cooperation

November 18, 2018 05:06 | Source: People's Daily
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On November 17, President Xi Jinping was invited to attend the APEC Business Leaders Summit in Port Moresby, Papua New Guinea, and delivered a keynote speech entitled "Working together to create a better future".
Photographed by Ju Peng, reporter of Xinhua News Agency

On November 17, President Xi Jinping was invited to attend the APEC Business Leaders Summit in Port Moresby, Papua New Guinea, and delivered a keynote speech entitled "Working together to create a better future". On the same day, Xi Jinping also attended the dialogue between APEC leaders and representatives of the Business Advisory Council. Before the dialogue, Xi Jinping took a group photo with leaders and representatives of other APEC member economies.
Photographed by Pang Xinglei, a reporter from Xinhua News Agency

Our correspondent in Port Moresby, November 17 (reporter Du Shangze and Liu Zhonghua) President Xi Jinping was invited to attend the APEC Business Leaders Summit held in Port Moresby, Papua New Guinea on November 17 and delivered a keynote speech entitled "Working Together to Create a Bright Future", stressing the need to grasp the right direction for world economic development, Find effective governance ideas for the international community, work together in the same boat, and jointly steer the ship of the world economy to a better shore. While realizing its own development, China will make greater contributions to the common prosperity of all countries in the world. Jointly building the "Belt and Road" is a sunny avenue for China to share opportunities and seek common development with the world.

The summit was held on the cruise ship Pacific Explorer anchored in Port Moresby.

Xi Jinping stepped into the venue. In warm applause, Xi Jinping delivered a keynote speech. (See the second edition for the full text of the speech)

Xi Jinping stressed that it is of special significance for us to plan development cooperation together on the same ship under the situation of surging world economy and prominent risks and challenges. Cooperation or confrontation? Open or closed? Mutually beneficial or zero sum game? How to answer these questions concerns the interests of all countries and the future and destiny of mankind.

Xi Jinping pointed out that the birth and development of APEC conformed to the historical trend of openness and integration, the strong desire of the Asia Pacific region to seek development, and the common needs of people of all countries to work together to meet challenges. Today's Asia Pacific is the world's most dynamic and potential economic sector, and it is also recognized as an important engine of world economic growth.

Xi Jinping stressed that today's world is in a period of great development, change and adjustment. The tide of economic globalization is rolling forward, but protectionism and unilateralism have cast a shadow on world economic growth. New scientific and technological revolution and industrial transformation are poised, but the transformation of new and old growth drivers has not yet been completed. The international pattern has undergone profound changes, but the imbalance of development has not fundamentally changed. The reform of the global governance system has accelerated, but governance lag is still a prominent challenge. Xi Jinping put forward the following propositions on grasping the correct direction of world economic development and exploring effective governance ideas of the international community:

First, adhere to the open orientation and expand the development space. We should continue to promote the construction of the Asia Pacific Free Trade Area; We should take a clear stand against protectionism and unilateralism, uphold the multilateral trading system with the World Trade Organization at its core, guide economic globalization towards a more open, inclusive, inclusive, balanced and win-win direction, expand common interests in opening up, and achieve opportunity sharing in cooperation.

Second, adhere to the development orientation and enhance people's well-being. It is the greatest fairness to put people's well-being first, to strengthen development cooperation, to help developing countries get rid of poverty, and to let people in all countries live a good life. We should incorporate the implementation of the 2030 Agenda for Sustainable Development into our national development strategies and actively build an equal and balanced global partnership for development. Developed countries should fulfill their ODA commitments and increase their support to developing countries. "Special and differential treatment" is an important cornerstone of the World Trade Organization, and this principle cannot be denied.

Third, adhere to the inclusive orientation and promote integration and mutual learning. The diversity of different civilizations, systems and roads, as well as exchanges and mutual learning, can provide strong impetus for the progress of human society. We should be less arrogant and prejudiced, more respectful and tolerant, embrace the richness and diversity of the world, strive to seek common ground while reserving differences, learn from each other's strengths, and seek harmonious coexistence and win-win cooperation. Only the people of a country have the most say in what kind of road a country takes.

Fourth, adhere to the innovation orientation and open up the source of growth. We should explore new growth drivers and development paths, remove all institutional barriers that are detrimental to innovation, fully stimulate innovation potential and market vitality, and deepen international innovation exchanges and cooperation; Lead the new scientific and technological revolution and industrial transformation in the right direction; We will jointly discuss the establishment of a policy and institutional system geared to the new scientific and technological revolution and industrial change, create an international cooperation environment, and make the achievements of scientific and technological innovation accessible, shared, and used by more countries and people.

Fifth, adhere to the rule orientation and improve global governance. We should adhere to the concept of joint consultation, construction and sharing, and promote the reform of the global economic governance system. The reform process should reflect the spirit of equality, openness, transparency and inclusiveness, and improve the representation and voice of developing countries.

Xi Jinping pointed out that over the past 40 years of China's reform and opening up, the Chinese people, relying on their own wisdom and industrious hands, have ushered in a historical leap from standing up, getting rich to becoming strong, and opened the glorious course of the great rejuvenation of the Chinese nation. Over the past 40 years, the Chinese people have been brave to explore and work hard to build China into the world's second largest economy. Today's China is the work of the Chinese people! The Chinese people open their hearts to the world, embrace the world, and persist in opening their doors to construction. China has become the world's largest trade country in goods, the largest tourism market, and the main trade partner of more than 130 countries. The Chinese people focus on development, benefit the people, and adhere to the people-centered development philosophy. The sense of gain, happiness, and security of the Chinese people has significantly improved. The Chinese people stand on their own merits, seek common development, unswervingly follow the path of peaceful development, actively participate in global economic governance, actively support the development of developing countries, implement responsible macroeconomic policies, maintain a high contribution rate to world economic growth, and make their own contributions to the response to the Asian financial crisis and the international financial crisis, It has contributed wisdom and strength to the construction of a community with a shared future for mankind. Looking back on the 40 years of reform and opening up, the Chinese people are more firmly aware that only reform and opening up can develop China. Facing the future, China will, with a more responsible spirit, a more open and inclusive mind, and higher quality growth, make greater contributions to the common prosperity of all countries in the world while achieving its own development.

Xi Jinping pointed out that China will continue to significantly relax market access, strengthen intellectual property protection and actively expand imports. China treats domestic and foreign enterprises equally, welcomes and encourages all kinds of enterprises to compete fairly, and will fully protect their legitimate rights and interests. A week ago, the first China International Import Expo was successfully held in Shanghai. China's actions have proved its determination to support trade liberalization and actively open its market to the world. It is believed that China's large market with a population of nearly 1.4 billion will become the source of growth and vitality of the world economy.

Xi Jinping stressed that the joint construction of the "Belt and Road" is an open platform for cooperation, adheres to the basic principle of joint consultation, joint construction and sharing, and is a sunny avenue for China to share opportunities and seek common development with the world. China will hold the second Belt and Road Forum for International Cooperation in Beijing in April next year. Welcome Asia Pacific business friends to actively participate.

Xi Jinping stressed that the business community is an important force leading the economic growth of the Asia Pacific and the world. It is hoped that entrepreneurs will continue to promote countries to adopt positive and pragmatic policies, carry out extensive economic and technological cooperation, and break new ground for the common development and prosperity of the Asia Pacific region and the world. Let's hold the rudder, steer the course, paddle together, ride the wind and waves, and jointly steer the ship of the world economy to a better shore!

Prime Minister of Papua New Guinea O'Neill attended.

Ding Xuexiang, Yang Jiechi, Wang Yi, He Lifeng and others attended the above activities.

On the same day, Xi Jinping also attended the dialogue between APEC leaders and representatives of the Business Advisory Council, exchanging views with representatives on building an open world economy and jointly building the "Belt and Road".


People's Daily (November 18, 2018, Version 01)

(Editor in charge: Ma Chang, Cao Kun)

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