Chinese President Xi Jinping joined leaders from 21 Asia-Pacific economies at the 32nd APEC Economic Leaders’ Meeting in Gyeongju, the Republic of Korea (ROK), on Friday, emphasizing the need for strengthened regional collaboration to address global economic challenges.
In his address, Xi outlined China's vision for fostering open regionalism and sustainable growth, highlighting the importance of maintaining stable supply chains and advancing digital transformation across APEC members. The Chinese leader reaffirmed Beijing's commitment to multilateral trade systems and proposed enhanced cooperation in green energy development.
The meeting occurred amid evolving economic dynamics in the Asia-Pacific, with participants discussing measures to boost post-pandemic recovery. Xi's bilateral talks with ROK President Yoon Suk-yeol focused on expanding technological partnerships, while his virtual exchanges with other leaders addressed cross-border infrastructure development.
Analysts note China's active participation underscores its strategic focus on shaping regional economic architecture through initiatives like the Belt and Road program. The outcomes are expected to influence investment patterns and trade policies across APEC members, which account for nearly 40% of global GDP.
