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Xi Jinping Attends and Delivers an Important Speech at the 28th APEC Economic Leaders' Meeting
2021-11-13 15:45

On the evening of November 12, 2021, President Xi Jinping attended and delivered an important speech at the 28th Asia-Pacific Economic Cooperation (APEC) Economic Leaders' Meeting in Beijing via video link.

Xi Jinping pointed out, this year marks the 30th anniversary of China's joining of APEC. It has been three decades of deepening reform and opening-up for China, and of broadening economic cooperation across the Asia-Pacific. The Asia-Pacific region has become the most dynamic and promising economic powerhouse globally, making its positive contribution to global growth and to the well-being of people in the region. We shall keep up our good work to put the Putrajaya Vision 2040 into action, and endeavor to build an Asia-Pacific community with a shared future featuring openness and inclusiveness, innovation-driven growth, greater connectivity, and mutually beneficial cooperation.

First, advance anti-COVID cooperation and promote economic recovery. To defeat the pandemic and restore growth at an early date is a first-order priority for APEC economies at the moment. We need to follow a science-based approach in pandemic response, deepen international cooperation, and promote the research, development, production and fair distribution of vaccines. China has announced that it would provide a total of two billion doses of vaccines to the world in the course of this year, and has so far provided over 1.7 billion doses. Not long ago, China proposed a Global Vaccine Cooperation Action Initiative. China has undertaken to offer three billion U.S. dollars over the next three years to support COVID-19 response and economic and social recovery in fellow developing countries. China welcomes APEC initiatives to facilitate the flow of essential goods and people in a safe manner, and will continue to provide support to the Sub-Fund for APEC Cooperation on Combating COVID-19 and Economic Recovery with a view to helping member economies recover and grow the economy.

Second, foster an open Asia-Pacific economy. Openness is the lifeline of Asia-Pacific cooperation. We need to uphold open regionalism, advance regional economic integration, and work for the early realization of a high-standard Free Trade Area of the Asia-Pacific. We need to practice true multilateralism, stick to dialogue rather than confrontation, inclusiveness rather than exclusion, and integration rather than decoupling, and be resolute in safeguarding the multilateral trading regime with the World Trade Organization at its core. China looks forward to the entry into force of the Regional Comprehensive Economic Partnership on schedule next year, and has applied for joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership.

Third, promote innovation-driven development and the digital economy. Innovation is an important driving force that propels world development. We need to commit ourselves to innovation-driven development, implement the APEC Internet and Digital Economy Roadmap in a full and balanced manner, and foster an open, fair, just and non-discriminatory environment for innovation and the growth of productivity. We need to further develop the digital infrastructure, speed up digital transformation, strive to bridge the digital divide, and promote development of the digital economy in an all-round way. China has put forward the initiative of Enhancing Implementation of APEC Connectivity Blueprint (2015-2025) in the Digital Era. We support stronger international cooperation on the digital economy, and have applied to join the Digital Economy Partnership Agreement.

Fourth, pursue inclusive and sustainable development. We need to seek the harmonious coexistence between man and nature, actively respond to climate change, promote green and low-carbon transition, and foster a community of all life on Earth. China supports developing countries in developing green and low-carbon energies. And China will work with partner countries to advance high-quality Belt and Road cooperation. China is willing to fully implement the UN 2030 Agenda for Sustainable Development and let the gains of development benefit more people across the world in a more equitable way. I put forward a Global Development Initiative that aims at steering global development toward a new stage of balanced, coordinated and inclusive growth. The Initiative also holds great significance for sustainable development of the Asia-Pacific region. Economic and technical cooperation is an important area of APEC cooperation. We need to step up input, make sure that developing members get real benefit from such cooperation, and keep injecting new dynamism into the development and prosperity of the Asia-Pacific.

Xi Jinping stressed, this year marks the 100th anniversary of the founding of the Communist Party of China (CPC). It is the CPC's unchanging goal to deliver a better life for the over 1.4 billion Chinese people and to promote peace and development for humanity. Now, China has started a new journey toward fully building a modern socialist country. China will unswervingly expand opening-up, and share its development opportunities with APEC members and the wider world.

Xi Jinping stressed at last, there is a Maori proverb in New Zealand that says, "Success is not ever that of an individual, but always that of a collective." China will work with all APEC members in building an Asia-Pacific community with a shared future and jointly opening a new chapter for Asia-Pacific economic cooperation.

The meeting was chaired by Prime Minister of New Zealand Jacinda Ardern under the theme of "Recovering from COVID-19 to Build Prosperity for All Our People and Future Generations". The meeting adopted the APEC Putrajaya Vision 2040 implementation plan, and released the APEC 2021 Leaders' Declaration.

Ding Xuexiang, Yang Jiechi, Wang Yi, He Lifeng and others attended the meeting.

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