Chinese President Xi Jinping called for a united Asia-Pacific to tackle global economic challenges during his keynote speech at the 32nd APEC Economic Leaders' Meeting in Gyeongju. With over 30 years of APEC history as a backdrop, he outlined five bold strategies to boost regional cooperation – think of it as a roadmap for economic harmony in turbulent times. 🗺️💡
Five Steps to Stronger Ties
1️⃣ Teamwork Makes Trade Work: Xi emphasized strengthening WTO-led multilateral systems, ensuring fair rules for developing nations. No one gets left behind!
2️⃣ Open Doors, Open Markets: Pushing for smoother regional integration through initiatives like RCEP and CPTPP – the ultimate collab for trade growth. 🚚💨
3️⃣ Supply Chain Superhighway: Celebrating APEC's 10-year connectivity plan, Xi urged members to 'build bridges, not walls' in manufacturing networks.
4️⃣ Tech + Green = Future: From paperless customs to solar-powered solutions, digital innovation and eco-friendly trade got major spotlight. 🌱💻
5️⃣ Growth for All: Zero tariffs for LDCs, Belt and Road upgrades, and support for developing nations' modernization – inclusivity is the new VIP.
China's Open-Door Policy 2.0
Dropping stats like a mic 🎤: $700B+ in foreign investments since 2020, top global goods trader for 5 years straight. China's expanding free trade zones and visa-free policies signal bigger global partnerships ahead. 'Our door isn't closing – it's opening wider,' Xi declared, linking China's new five-year plan to shared Asia-Pacific prosperity.
Reference(s):
Full text: Xi's speech at Session I of APEC Economic Leaders' Meeting
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