Chinese President Xi Jinping emphasized the Asia-Pacific region's pivotal role in global development during his written address at the APEC CEO Summit in Gyeongju, South Korea, on October 31, 2025. The speech outlined China's vision for multilateral cooperation, economic resilience, and sustainable growth amid global uncertainties.
Four Pillars for Asia-Pacific Leadership
Xi urged APEC members to prioritize peace, openness, win-win cooperation, and inclusive development. He called for safeguarding the multilateral trading system, resisting protectionism, and advancing regional economic integration. 'We must choose solidarity over division and mutual benefit over zero-sum games,' he stated, stressing the need to 'keep global industrial chains stable.'
China's Economic Contributions
Highlighting China's 5.5% average annual GDP growth over the past five years, Xi noted the country contributed 30% of global growth during this period. With the upcoming 15th Five-Year Plan, China pledged to deepen reforms, expand high-standard opening-up, and foster a 'world-class business environment' for global investors.
Opportunities for Global Partners
Xi outlined four key areas where China aims to collaborate:
- Market Access: As the world's second-largest consumer market, China continues to reduce foreign investment restrictions.
- Innovation: Advancements in AI, quantum tech, and green energy position China as a hub for emerging technologies.
- Sustainability: With the largest renewable energy capacity, China committed to carbon neutrality goals and green tech cooperation.
- Connectivity: Visa reforms and infrastructure development aim to facilitate cross-border business and tourism.
The address concluded with an invitation for APEC business leaders to attend China's 2026 APEC hosting, framing it as a milestone for 'building a community with a shared future.'
Reference(s):
Full text: President Xi Jinping's written speech at APEC CEO Summit
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