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Pro­por­tion of global eco­nomic out­put that APEC’s 21 mem­bers rep­re­sent

China will bring more op­por­tu­ni­ties and make greater con­tri­bu­tions to the Asia-Pa­cific and the world at large, Xi said.

Dur­ing the sec­ond phase of the meet­ing on Satur­day af­ter­noon, the APEC eco­nomic lead­ers dis­cussed the new driv­ing forces for trade and in­vest­ment.

They agreed that the FTAAP process should be ad­vanced and that in­clu­sive de­vel­op­ment must be boosted to en­able all par­ties to ben­e­fit from eco­nomic glob­al­iza­tion.

A dec­la­ra­tion was is­sued fol­low­ing the con­clu­sion of the 25th APEC Eco­nomic Lead­ers’ Meet­ing, which was held on Fri­day and Satur­day us­ing the theme of “Cre­at­ing New Dy­namism, Fos­ter­ing a Shared Fu­ture”.

On Satur­day morn­ing, Xi and the other lead­ers also held a di­a­logue with Chris­tine La­garde, man­ag­ing di­rec­tor of the In­ter­na­tional Mone­tary Fund, on the global eco­nomic sit­u­a­tion. Xi gave a brief­ing about China’s econ­omy.

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