APEC: Leaders briefed on CPC’s new blueprint
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.