LIMA: Chinese President Xi Jinping delivered a written speech at the APEC CEO Summit, emphasizing the need for inclusive economic globalization and cooperation among nations. Addressing the summit under the theme “Keeping Abreast of the Trend of the Times and Jointly Promoting Prosperity Around the World,” Xi highlighted the historical ties between China and Latin America and the interconnectedness of the Asia-Pacific region in the context of economic globalization.
According to Namibia Press Agency, Xi’s speech outlined the challenges posed by unilateralism and protectionism, which threaten to reverse the trend of economic globalization. He stressed that economic globalization is an inevitable outcome of scientific and technological advancements and urged the Asia-Pacific economies to steer it in a positive and inclusive direction. Xi emphasized the importance of rejecting hegemonic practices and promoting a more dynamic, inclusive, and sustainable phase of economic globalization.
Xi proposed that innovati
on should be the driving force behind global economic growth. He called for the use of emerging technologies like artificial intelligence to boost productivity and assist developing countries in building their technological capacities. He also advocated for reforms in global economic governance to reflect the changing world economic landscape, emphasizing the need for equal rights and opportunities in international cooperation.
Additionally, Xi highlighted the importance of a people-centered approach to development, aiming to address global inequalities and promoting balanced growth. He urged all countries to participate in the Global Development Initiative to expedite the implementation of the 2030 Agenda for Sustainable Development.
Xi praised APEC’s role in promoting economic globalization since its inception and urged the Asia-Pacific region to continue being a driving force for global growth. He reiterated China’s commitment to deepening reforms and advancing high-quality development, enhancing global
economic performance, and leading efforts in green development and international cooperation on environmental issues.
In conclusion, Xi emphasized China’s dedication to further opening its economy and sharing development opportunities with the world. He highlighted recent measures taken by China to open up its markets and facilitate international trade, underscoring China’s commitment to becoming a major player in global economic integration. Xi called for solidarity and cooperation to tackle global challenges and build a community with a shared future for humanity.
