APEC: Lead­ers briefed on CPC’s new blue­print

China Daily (Latin America Weekly) - - Front Page -

highly of the propo­si­tion raised by Pres­i­dent Xi, hav­ing great prospects for China’s fu­ture de­vel­op­ment and ex­pect­ing to par­tic­i­pate in in­ter­na­tional co­op­er­a­tion based on the Belt and Road Ini­tia­tive to fa­cil­i­tate re­gional pros­per­ity and de­vel­op­ment.”

Chen Xiangyang, di­rec­tor of the Cri­sis Man­age­ment Re­search Cen­ter of the China In­sti­tutes of Con­tem­po­rary In­ter­na­tional Re­la­tions, said that Xi’s speech has ex­pressed China’s strong con­fi­dence and re­spon­si­bil­ity as the world’s sec­ond-largest econ­omy.

“Lead­ing by the new Thought in a new era af­ter the 19th CPC Na­tional Congress, China will be­come the an­chor of peace and sta­bil­ity in the Asia-Pa­cific re­gion, and the ex­pe­ri­ence of China’s de­vel­op­ment will con­tinue to drive the world’s growth,” said Chen.

Founded in 1989, APEC, with 21 mem­bers, now ac­counts for about 40 per­cent of the global pop­u­la­tion, 60 per­cent of global eco­nomic out­put and 48 per­cent of global trade.

Not­ing that next year will mark the 40th an­niver­sary of China’s re­form and open­ing-up, Xi said that in nearly four decades China has opened its arms to em­brace the world and achieved “leapfrog de­vel­op­ment” in the process.

“Look­ing ahead, China will open still wider and its de­vel­op­ment will de­liver even greater ben­e­fits to the rest of the world,” he said.

He told the other APEC eco­nomic lead­ers that start­ing next year, China will hold an in­ter­na­tional im­port expo.

“I am sure this new plat­form of mu­tu­ally ben­e­fi­cial co­op­er­a­tion will help all par­ties bet­ter share the op­por­tu­ni­ties of China’s de­vel­op­ment,” he said.

The leader of the world’s sec­ond-largest econ­omy also un­der­lined the role of in­no­va­tion in driv­ing China’s eco­nomic de­vel­op­ment in re­cent years.

He said on­line re­tail sales in China, which now has 750 mil­lion in­ter­net users, are grow­ing by 30 per­cent a year, with the “shar­ing econ­omy” vol­ume hav­ing reached 3.5 tril­lion yuan ($527 bil­lion) and mo­bile pay­ment trans- ac­tions hav­ing ex­ceeded 158 tril­lion yuan.

Xi called for greater ef­forts to ad­dress the lack of in­clu­sive­ness in de­vel­op­ment, which is a prob­lem fac­ing many economies, in a bid to en­able more peo­ple to share the ben­e­fits of de­vel­op­ment.

He asked APEC mem­bers to de­velop a stronger sense of com­mu­nity, har­mo­nize their poli­cies and cre­ate syn­ergy.

“As we have agreed on the di­rec­tion and frame­work of an Asia-Pa­cific part­ner­ship, it is time to take solid steps to­ward this goal,” he said.

In ad­di­tion, Xi, who is also gen­eral sec­re­tary of the Com­mu­nist Party of China Cen­tral Com­mit­tee, briefed the other lead­ers on last month’s 19th CPC Na­tional Congress, which drew a blue­print for China’s de­vel­op­ment in the next five years and be­yond.

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