Xi Jinping Calls for a New Era of Asia-Pacific Cooperation Amid Global Uncertainty

In a world full of twists and turns, the Asia-Pacific region is stepping up to the plate! 🌏✨ Known as a powerhouse for global economic growth, this vibrant region is set to contribute a whopping 60% to the world's economy in 2024, according to the International Monetary Fund.

But it's not all smooth sailing. Challenges like geopolitics, unilateralism, and protectionism are testing the waters of cooperation. Addressing these hurdles, Chinese President Xi Jinping recently called on Asia-Pacific Economic Cooperation (APEC) leaders to take collective action.

\"We must act in solidarity and cooperation to meet the challenges, fully deliver on the Putrajaya Vision 2040, and build an Asia-Pacific community with a shared future,\" Xi emphasized at the 31st APEC Economic Leaders' Meeting.

China's Game Plan 📝

To boost Asia-Pacific collaboration, President Xi rolled out a trio of proposals:

Building an Open and Interconnected Region: Xi stressed the importance of sticking to multilateralism and fostering an open economy. China is leading by example, being the largest trading partner for 13 APEC economies and actively promoting free trade agreements like the China-ASEAN Free Trade Area and the Regional Comprehensive Economic Partnership (RCEP).
Green Innovation as a Catalyst: Emphasizing the magic of green and digital transformation, Xi proposed pushing forward innovations that provide new momentum for development. China is not just talking the talk; it's walking the walk by developing new quality productive forces and deepening cooperation in green innovation. Plus, China announced a Global Cross-Border Data Flow Cooperation Initiative! 🌐💡
Inclusive Growth for All: Xi urged for universally beneficial development. With China contributing significantly to the region's growth in economy, goods trade, and services trade, it plans to advance initiatives that boost residents' income and support small and medium-sized enterprises. It's all about lifting everyone up! 🤝

Looking Ahead: China's Commitments 🚀

Mark your calendars! 🗓️ China will host the APEC Economic Leaders' Meeting in 2026. President Xi welcomed all parties to hop aboard the \"express train\" of China's development and grow together.

Reaffirming China's dedication to reform and opening up, Xi stated, \"Reform and opening up is a historic process in which China and the world achieve development and progress together.\"

China is set to introduce more policies for voluntary and unilateral opening up, expand its network of high-standard free trade areas, and open its doors even wider to the world. 🌏❤️

Why It Matters 🌟

For us, the youth and future leaders, this push for cooperation and innovation in the Asia-Pacific means more opportunities, better connections, and a brighter future. Whether you're a student, entrepreneur, or adventurer, the waves being made in this region are bound to ripple across the globe. So, let's stay tuned and be part of this exciting journey! 🚀🌍

Reference(s):
Starting a new era in Asia-Pacific development amid global uncertainty
cgtn.com