Chinese President Xi Jinping emphasized unity, innovation, and inclusivity as key drivers for the Asia-Pacific region during his speech at the 31st APEC Economic Leaders’ Meeting in Lima, Peru. Here’s what you need to know:
1. Open Markets, Stronger Ties
Xi urged APEC members to ‘build an open and interconnected paradigm’, advocating for a revived multilateral trading system and the creation of a Free Trade Area of the Asia-Pacific (FTAAP). He highlighted China’s upgraded trade deals with Peru and ASEAN, plus its push to join the CPTPP and DEPA—signals of Beijing’s ‘high-standard’ opening-up strategy.
2. Green Tech & Digital Shifts
Calling for ‘green innovation as a catalyst’, Xi proposed regional cooperation in AI, quantum tech, and sustainable development. China plans to launch a Global Cross-Border Data Flow Initiative and boost green supply chains—think digits meet trees! Plus, APEC 2026 will be hosted by China, spotlighting its role in shaping the region’s tech future.
3. Lift All Boats, Not Just Yachts
Xi stressed ‘universally beneficial development’, urging support for smaller economies and marginalized groups. Peru’s push to formalize informal economies got a nod, aligning with China’s focus on social equity. Initiatives like boosting SME growth and income equality aim to ensure ‘no one’s left behind’.
With China deepening reforms post-2024 Party plenum, Xi pledged more opportunities for Asia-Pacific partners. As he put it: ‘Ride the express train of China’s development’.
NewspaperAmigo – Your Global News Buddy 
Here’s what you need to know:
Plus, APEC 2026 will be hosted by China, spotlighting its role in shaping the region’s tech future.
