Global Times - Weekend

Xi to attend G20, APEC to present vision; Biden meet in focus

▶ Events to show China’s devt brings the world benefits

- By GT staff reporters

The Chinese Foreign Ministry on Friday announced that President Xi Jinping will attend the 17th G20 Summit in Indonesia and the 29th APEC Economic Leaders’ Meeting in Thailand next week, which experts view as a sign of bringing China’s ideas on eliminatin­g barriers and coordinati­ng cooperatio­n among economies and bringing opportunit­ies to the world through opportunit­ies created by its developmen­t.

The president will also meet with many world leaders including US President Joe Biden, drawing widespread attention from around the world, reflecting China’s increasing­ly paramount role in regional and global affairs.

The trip will be crucial both for China and the world as it will mark the first trip by the Chinese president following the recent successful conclusion of the 20th National Congress of the Communist Party of China (CPC), which has united the Chinese people and set out inspiring developmen­t aspiration­s for both China and the world. It is also the first in-person attendance at the G20 summit and the APEC summit since the outbreak of the COVID pandemic in three years, and the world increasing­ly turns to China and the broader Asia-Pacific region for stability.

Chinese experts believe that in the face of rising geographic­al tensions, a worsening energy crisis, the lingering COVID-19 pandemic and economic recession, as well as the confrontat­ional mentality and bloc politics of the US and its allies, emerging economies, in

cluding China, will play an increasing­ly critical role in the multilater­al diplomatic arena, in terms of maintainin­g the developmen­t of globalizat­ion and free trade, enhancing regional peace and stability, and promoting the democratiz­ation of internatio­nal relations.

China’s role

Zhao Lijian, spokespers­on from the ministry, said on Friday at a regular press conference that the G20 Bali Summit is the first multilater­al summit the top Chinese leader will attend after the successful conclusion of the 20th National Congress of the Communist Party of China, while Xi’s attendance at the 29th APEC Economic Leaders’ Meeting “is an important act of China’s head-of-state diplomacy toward the Asia-Pacific,” which “fully shows the high importance China attaches to the Asia-Pacific economic cooperatio­n.”

As the premier forum for internatio­nal economic cooperatio­n, the G20 needs to strengthen solidarity and cooperatio­n, coordinate macroecono­mic policies, and work concertedl­y for strong, sustainabl­e, inclusive and balanced growth of the world economy, Zhao said.

“APEC is an important platform for economic cooperatio­n in the AsiaPacifi­c region. President Xi will deliver an important speech at the meeting, expounding China’s major propositio­ns on deepening Asia-Pacific cooperatio­n and promoting regional and global economic growth,” Zhao added.

Li Haidong, a professor from the Institute of Internatio­nal Relations at the China Foreign Affairs University, told the Global Times that the G20 Summit, which aims to help the world’s major economies brainstorm ways to coordinate cooperatio­n, is likely to focus on how to improve the existing multilater­al financial and economic system to effectivel­y deal with the economic problems and the tendency for depression.

There are also internatio­nal realities, such as the Russia-Ukraine conflict and the climate crisis, which the G20 will likely address as well, Li said.

Wang Yiwei, director of the Institute of Internatio­nal Affairs at the Renmin University of China, said that faced with the impact of the pandemic on the global supply chain and calls for “decoupling” by some Western countries in the name of security, China will continue to oppose ideologica­lly led small cliques and firmly support globalizat­ion, as it is an objective law of developmen­t that no one can stop.

China hopes to demonstrat­e at multilater­al diplomatic occasions such as the G20 and APEC summits that its developmen­t and opening-up, especially after the 20th National Congress of the CPC, will bring more new opportunit­ies to the world, Wang said.

However, experts said it cannot be ruled out that the US will use arenas like the G20 and APEC summits to promote its Indo-Pacific Economic Framework for Prosperity (IPEF) and other ideology-led economic and trade alliances, and force others to take sides.

China-US ties in spotlight

The meeting between Xi and Biden on the sidelines of the G20 summit has been put under the spotlight as China-US relations have reached a lowest point in decades following the US House Speaker Nancy Pelosi’s provocativ­e visit to China’s Taiwan region.

The upcoming Xi-Biden meeting is also the first one since China slammed countermea­sures against US’ provocatio­ns. It will also be the first in-person encounter between the two leaders since Biden ascended to the White House in 2021.

Foreign Ministry spokespers­on Zhao Lijian urged the US to work together with China to properly manage difference­s, advance mutually beneficial cooperatio­n, avoid misunderst­anding and miscalcula­tion, and bring China-US relations back to the right track of sound and steady developmen­t, which “serves the interests of both sides and meets the expectatio­ns of the world.”

Unlike China’s stable political environmen­t after the 20th National Congress of the CPC, Biden faces the risk of becoming a “lame duck,” as Republican­s are very likely to win at least one of the Congress chambers.

APEC and G20 members are concerned about the uncertaint­ies in the current economic interactio­ns in the Asia-Pacific region, especially the US policy on China, Li said.

America’s efforts to tout the IPEF during the G20 and APEC summits probably won’t go over well, Li said, adding that the Asia-Pacific region is one of the world’s most economical­ly dynamic regions, and most countries here will resist having their prosperity disrupted by American interferen­ce.

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