At the prestigious APEC Business Leaders’ Summit in Lima, Chinese President Xi Jinping captivated his audience by highlighting the critical importance of innovation and openness for the sustainable development of the Asia-Pacific region. His words resonate as a call to action in an era of complex and shifting economic challenges.
At the heart of his speech are three key proposals that serve as the foundation for enhanced cooperation in the Asia-Pacific. The first proposal emphasizes the need to maintain innovation as the engine of global economic growth. In a context where technology and innovation play a major role in the competitiveness of nations, this statement underscores the imperative need to invest in the creation and adoption of new technologies to ensure sustained economic growth.
President Xi’s second proposal calls for promoting reform of the global economic governance system. In the face of rising protectionism and economic nationalism, there is an urgent need to foster closer multilateral cooperation to enable all countries to benefit equitably from global economic opportunities. This collaborative approach is essential to jointly address today’s economic challenges.
Finally, Xi Jinping highlighted the vital importance of a human-centered approach to overcoming development inequalities. As economic and social disparities widen, it is imperative to place people at the heart of economic and social policies to ensure inclusive and equitable development for all.
The Chinese president also highlighted the crucial role of APEC as a driving force for economic globalization, calling on the organization to continue creating new Asian miracles. This inspiring vision highlights the importance of regional cooperation to overcome global challenges and foster shared prosperity.
In conclusion, Xi Jinping’s speech at the APEC Lima Summit offers a bold and pragmatic vision for the future of the Asia-Pacific region. By emphasizing innovation, multilateral cooperation and people-centered development, the Chinese president is laying the foundation for enhanced and lasting collaboration for common prosperity.