Hey, news fam! 👋 China’s President Xi Jinping just took the stage at Session I of the 32nd APEC Economic Leaders’ Meeting in Gyeongju and laid out a 5-point playbook for an inclusive, open Asia-Pacific economy. Ready to 🔥 dive in?
1. Safeguard Global Trade 🌐
Xi stressed the need to defend the multilateral trading system, keep the WTO at its core, uphold MFN and non-discrimination. The goal? Fair rules that protect developing nations.
2. Build an Open Regional Economy 🤝
He urged deeper trade and investment liberalization, joining forces on fiscal and financial cooperation, and aligning RCEP with the CPTPP to power up the Free Trade Area of the Asia-Pacific (FTAAP).
3. Keep Supply Chains Smooth & Stable 🔗
Xi highlighted the 10th anniversary of the APEC Connectivity Blueprint as a chance to strengthen physical, institutional, and people-to-people links. No breaking links—just stronger bonds!
4. Go Digital & Green 🌱💻
From paperless trade to smart customs, digital tech should supercharge cross-border deals. And when it comes to green barriers, let’s clear them out and invest in clean energy and green minerals.
5. Promote Inclusive Development ✨
Putting people first, Xi called for sustainable growth that lifts everyone up. He highlighted the Chinese mainland’s zero-tariff treatment for least-developed countries and the Belt and Road’s high-quality push for shared prosperity.
Overall, Xi’s vision is clear: teamwork, openness, and sustainability form the backbone of a thriving Asia-Pacific community. What are your thoughts on this roadmap? Let us know! 🗣️👇
Reference(s):
Full text: Xi's speech at Session I of APEC Economic Leaders' Meeting
cgtn.com
