Chinese President Xi Jinping called for strengthened regional cooperation and inclusive economic policies during his keynote address at the 32nd APEC Economic Leaders' Meeting in Gyeongju on Friday. The speech outlined a strategic roadmap addressing global uncertainties while emphasizing China's commitment to multilateralism.
Five Pillars for Regional Prosperity
President Xi proposed reinforcing the World Trade Organization's role, advancing digital and green trade transformations, and maintaining stable supply chains. He highlighted China's initiatives including the APEC Model E-port Network and green supply chain cooperation as key drivers for modernization.
Economic Integration Milestones
The address noted progress on regional agreements like RCEP and CPTPP, urging alignment between these frameworks to accelerate the Free Trade Area of the Asia-Pacific vision. Xi emphasized: "The rougher the seas, the more we must pull together" when addressing development challenges.
China's Opening-Up Commitment
Revealing concrete measures, Xi cited China's US$700 billion foreign investment inflow over five years and expanded visa-free policies. The speech coincided with China's new 15th Five-Year Plan preparations, promising continued high-standard reforms to benefit regional partners.
