Chinese President Xi Jinping visited the Republic of Korea (ROK) from October 30-November 1 to attend the 32nd APEC (Asia-Pacific Economic Cooperation) Economic Leaders’ Meeting and to then pay a state visit to the ROK.
On October 31, he delivered a written address to the APEC CEO Summit, entitled, ‘Putting the Asia Pacific at the Forefront of the Joint Endeavor for World Development and Prosperity.’
Xi Jinping noted that: “The world has come to a new crossroads – solidarity, cooperation and mutual benefit or return of hegemonism and the law of the jungle; multilateralism, openness and inclusiveness or unilateralism and protectionism. What we choose will profoundly affect the future of the world. We must have vision, step up to our responsibility, and choose what meets the expectation of the people in the Asia Pacific and stands the test of history.
“As the saying goes, ‘He who knows the past understands the present.’ Since the great victory of the World Anti-Fascist War 80 years ago, the international system with the United Nations at its core has been put in place gradually, and multilateral systems in economic, trade, financial and other areas have been established. A new chapter was opened for humanity’s pursuit of peace and development.
“History attests that humanity shares a common destiny. While hegemonism causes only war and disaster, fairness and justice ensure global peace and development. While confrontation and antagonism breed only estrangement and turbulence, win-win cooperation proves to be the right way forward. While unilateralism precipitates division and regression, multilateralism is the viable option for tackling global challenges.”
In the current situation he noted: “We embrace peaceful development and reject the assertion that a strong country will inevitably seek hegemony. We champion win-win cooperation and denounce winner-takes-all practices. We advocate mutual learning among civilisations, and do not believe in clash of civilisations. We promote fairness and justice and oppose power politics. China has successively put forward the Belt and Road Initiative as well as the Global Development Initiative, the Global Security Initiative, the Global Civilisation Initiative, and the Global Governance Initiative. They are China’s solutions to the salient issues across the world, based on Chinese wisdom. We look forward to working with all parties to promote common prosperity and a win-win future for all and building a community with a shared future for humanity.”
He then advanced four proposals as follows:
- We should take the lead in safeguarding peace and stability. We must always ensure the equal right of all countries to participate in international affairs regardless of their size, strength, or wealth.
- We should take the lead in enhancing openness and connectivity. We should firmly safeguard the WTO-centred, rules-based multilateral trading system, strengthen solidarity and collaboration, oppose protectionism, reject unilateralism and bullying, and prevent the world from reverting to the law of the jungle. We must have the courage to remove barriers, keep global industrial and supply chains stable and unimpeded, advance regional economic integration, push forward the Free Trade Area of the Asia Pacific, and play the Asia Pacific part in global economic growth.
- We should take the lead in promoting win-win cooperation. We should stay true to the vision of harmony without uniformity, fully leverage the diversity of Asia Pacific economies, draw on each other’s strengths, and jointly make the pie of Asia Pacific cooperation bigger.
- We should take the lead in pursuing benefits for all and inclusiveness. We should put the people first and fully implement the UN 2030 Agenda for Sustainable Development. We should create greater synergy between our development strategies and step up support for developing economies. We should bridge development gaps, increase people’s well-being, and deliver prosperity to all the people in the Asia Pacific.
Next year, he added, China will host APEC for the third time. “This demonstrates our full commitment to Asia Pacific cooperation and our willingness to fulfill our responsibilities.”
Introducing China’s current domestic situation, he explained:
“China has been a major engine of world economic growth for many years. China’s 14th Five-Year Plan period ends this year. In the past five years, despite increasing external shocks, the Chinese economy has registered an annual growth rate of around 5.5 percent on average, contributing around 30 percent of global growth. A few days ago, the 20th Central Committee of the Communist Party of China adopted the Recommendations for Formulating the 15th Five-Year Plan at its fourth plenary session.”
In this regard:
- China can provide more growth opportunities for the global business community. It is now the world’s second largest market of consumption and import, and the only developing country that hosts a national-level international import expo and continually opens its market to the world. The China market is huge and promising.
- China can provide a good business environment for the global business community. China is universally recognised as one of the safest countries in the world and grants either unilateral visa exemption or full mutual visa-free entry to 76 countries.
- China can provide enabling conditions of green growth for the global business community. China is making coordinated advances in decarbonising, mitigating pollution, expanding green transition and promoting growth. It has the largest renewable energy system and the biggest, most complete new energy industrial chain in the world. The increased area of afforestation in China accounts for a quarter of the world total. We are committed to meeting our carbon peaking and carbon neutrality targets. We are actively advancing cooperation in launching green energy projects. We support the free flow of quality green technologies and products and do our best to provide assistance to developing countries.
In his address to the second session of the leaders’ meeting on November 1, President Xi said that:
“At present, the new wave of scientific and technological revolution and industrial transformation is deepening. In particular, the rapid advance of frontier technologies such as artificial intelligence is opening new horizons for humanity. On the other hand, the world faces lackluster economic growth and a widening gap in global development. Challenges such as climate change, food security and energy security are intensifying. Asia Pacific economies must enhance mutually beneficial cooperation, make good use of new opportunities, stand up to new challenges, and forge a sustainable and brighter future together.”
In this regard, he advanced three proposals:
- We should further unleash the potential of digital and smart development to give the Asia Pacific region a fresh edge in innovation-driven development. We should fully harness new technologies to empower and propel us forward, seize the opportunities of digital, smart and green development, and move faster to nurture and promote new quality productive forces. AI is very important for shaping the future and should contribute to the well-being of people of all countries and regions. We should bear in mind the well-being of the entire humanity and promote the sound and orderly development of AI while ensuring that it is beneficial, safe and fair.
- We should stay committed to green and low-carbon development to build a new paradigm for sustainable development in the Asia Pacific region. Clear waters and green mountains are just as valuable as gold and silver. We should keep in mind our responsibility to our future generations, enhance synergy between green development strategies of all economies, promote free flows of quality green technologies and products, accelerate the green and low-carbon transition, and vigorously tackle climate change. We should ensure the true fulfillment of common but differentiated responsibilities, and urge developed economies to continuously provide necessary support for developing economies in financing, technology, capacity building and other areas.
- We should build an inclusive and universally beneficial future to foster a new dynamism in the inclusive growth of the Asia Pacific. We should always put the people first, and strengthen policy communication, experience sharing and results-oriented cooperation to fully implement the United Nations 2030 Agenda for Sustainable Development, eliminate poverty together, and promote shared prosperity for all the people in the Asia Pacific.
Also, on the morning of November 1, President Xi attended the handover ceremony of the 32nd APEC Economic Leaders’ Meeting and announced that China would host the 33rd APEC Economic Leaders’ Meeting in Shenzhen, Guangdong Province.
Continue reading Xi Jinping: Hegemonism causes only war and disaster; fairness and justice ensure global peace and development