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Xi's APEC speech hailed for expanded cooperation, shared prosperity

China

China

China

Xi's APEC speech hailed for expanded cooperation, shared prosperity

2024-11-19 17:16 Last Updated At:17:57

Scholars and experts have hailed Chinese President Xi Jinping's speech at the 31st APEC Economic Leaders' Meeting for outlining a vision of a more integrated and prosperous Asia-Pacific region.

They believe Xi's speech articulated a clear vision for China's role in building an Asia-Pacific community with a shared future, signaling a new era of regional development and cooperation.

Xi emphasized APEC's pivotal role in driving the Asia-Pacific region's remarkable economic growth and prosperity, making it the world's most dynamic economic region, during his speech titled "Shouldering Responsibility to Our Times And Jointly Promoting Asia-Pacific Development," delivered in Peru's capital Lima on Saturday.

The Chinese president called for efforts to uphold a universally beneficial and inclusive vision for Asia-Pacific development, make good use of the APEC platform to strengthen economic and technical cooperation, increase support for developing economies and disadvantaged groups, and work together to grow the pie and distribute it equitably to allow more economies and people to benefit from development.

Xi also advocated for an open and interconnected Asia-Pacific, emphasizing the critical role of the Free Trade Area of the Asia-Pacific (FTAAP) in unlocking the region's full economic potential and securing its long-term prosperity

The message conveyed by Xi has been echoed by many as it inspires hope for a brighter future for Asia-Pacific cooperation.

"'The only way to be profitably national is to be generously universal.' President Xi quoted this proverb to express a profound idea. He connected China's interests with those of other countries, emphasizing China's advocacy for win-win cooperation across various fields," said Oscar Vidarte, professor of international relations at the Pontifical Catholic University of Peru.

"In my opinion, the most significant (in Xi's speech) are the ideas of promoting economic globalization and creating a free trade zone in the region. This will be of great interest to many countries in the region," said Vasily Kashin, director of the Center for Comprehensive European and International Studies at Russia's National Research University-Higher School of Economics.

"I think Xi Jinping's presentations to the APEC conference are exactly what's needed these days. He's got his hand on the policy, knows all of these issues, and all of these things, deeply understands them, and has a good dialogue with most of the people, pretty much all of the people attending. Xi Jinping's presentation was very good. It was accurate, it reflected China's policy. It reflected a collaborative aspiration for the world, and that's what we want," said Mike Dawson, president of the Auckland branch of the New Zealand China Friendship Society.

Meanwhile, several major international news organizations have published articles covering Xi's speech.

President Xi emphasized China's focus on promoting mutual benefit and win-win outcomes in the Asia-Pacific region, expressing the desire to "create a new hallmark of a green and digital Asia-Pacific" and to "usher in the next 'golden thirty years' of Asia-Pacific development," wrote EFE News.

Noting that the world is entering a new period of turbulence and transformation, President Xi expressed concern and voiced opposition to the spread of unilateralism and protectionism, as well as increasing economic fragmentation. He called for maintaining the stability and smooth operation of global industrial and supply chains, according to an article by the AFP.

Reuters reported that President Xi outlined a series of measures by the Chinese government to further expand openness, and emphasized that China will take proactive steps to open its door even wider to the world.

Xi's APEC speech hailed for expanded cooperation, shared prosperity

Xi's APEC speech hailed for expanded cooperation, shared prosperity

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Int'l SME fair concludes in Guangzhou, driving nearly 100 bln yuan in deals

2024-11-19 17:03 Last Updated At:17:37

The 19th China International Small and Medium Enterprises Fair concluded in south China's Guangzhou on Monday, generating nearly 100 billion yuan (13.81 billion U.S. dollars) in intended annual transactions.

Over 2,000 companies and international organizations from 35 countries and regions worldwide took part in this year's event, showcasing a diverse range of products, from food and beverages to consumer goods and textiles.

This year's event witnessed a surge in international participation, with more countries represented than the previous edition. Foreign exhibitors expressed enthusiasm for the vast Chinese market and expressed confidence in the future of their businesses in China

"We want to bring China and Germany closer together, and also enabling German companies to work closely with China and exploring the Chinese market," said Stephanie, an exhibitor from Germany.

"China market is actually very important to us. China has been Malaysia's largest trading partner for the past 15 years," said Mansor Shah Wahid, deputy chief executive officer of the Malaysia External Trade Development Corporation.

Stephen Kargbo, the United Nations Industrial Development Organization representative to China, emphasized the critical role of SMEs in driving global economic growth.

"China has demonstrated the importance of small and medium enterprises, and so has several other countries demonstrated. Economies in Europe, Asia, even in Africa thrive on the innovation of small and medium enterprises," said Kargbo.

Int'l SME fair concludes in Guangzhou, driving nearly 100 bln yuan in deals

Int'l SME fair concludes in Guangzhou, driving nearly 100 bln yuan in deals

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