Chinese President Xi Jinping's upcoming participation in the 32nd APEC Economic Leaders' Meeting signals Beijing's renewed commitment to fostering regional stability and economic collaboration. The visit follows the conclusion of the fourth plenary session of the 20th Central Committee of the Communist Party of China, which reaffirmed the nation's long-term development strategy focused on shared global growth.
Open Trade as Regional Anchor
China's trade with APEC economies reached 19.41 trillion yuan ($2.73 trillion) in the first three quarters of 2025, accounting for 57.8% of its total trade. Landmark projects like Peru's Chancay Port—a green infrastructure initiative connecting Latin America and Asia—exemplify China's push for regional integration. President Xi previously emphasized utilizing APEC as an "incubator of global economic rules" during the 2024 Lima meeting, advocating for reduced trade barriers and enhanced connectivity.
Innovation Drives Shared Progress
From electric buses powering Chile's Pan American Games to 62 new energy and AI projects signed at the China–ASEAN Expo, technological collaboration is reshaping regional development. Herman Tiu Laurel of the Asian Century Philippines Strategic Studies Institute notes: "China's green transition creates fresh supply chain opportunities across APEC economies."
Grassroots Development Partnerships
China's Global Development Initiative gains momentum through projects like Papua New Guinea's Juncao rice demonstration center, which enhances food security for local communities. These efforts align with APEC's focus on SME growth and income equality, demonstrating Beijing's multi-level approach to inclusive prosperity.
