Chinese President Xi Jinping emphasized the need for collaborative economic strategies during his address at the first session of the 32nd APEC Economic Leaders' Meeting in Gyeongju, the Republic of Korea, on Friday. His speech centered on fostering a "universally beneficial and inclusive" economic framework for the Asia-Pacific region, aligning with broader global development goals.
Xi presented a five-point proposal to address current challenges, stressing cooperation, innovation, and sustainability. Key highlights from his remarks include:
"Open regionalism must be upheld to reject bloc confrontation and exclusionary alliances."
"Innovation-driven growth is essential to unlock new momentum for the Asia-Pacific economy."
"Green transition and climate resilience should anchor our collective efforts for future generations."
"Inclusivity ensures all members, regardless of development stage, benefit from regional integration."
"Multilateralism remains the cornerstone of resolving shared challenges, from supply chains to public health."
The proposals aim to strengthen APEC's role in advancing trade liberalization and digital transformation while addressing disparities among members. Analysts note the speech underscores China's commitment to stabilizing regional ties amid geopolitical uncertainties.
