At the APEC dialogue conference, Xi Jinping expounded the world significance of Chinas choice.

category:Finance
 At the APEC dialogue conference, Xi Jinping expounded the world significance of Chinas choice.


At the APEC dialogue conference, Xi Jinping expounded the world significance of Chinas choice (source: video synthesis).

Xi Jinping keynote speech at APEC Business Leaders dialogue

At the invitation of Malaysian Prime Minister muhidin, President Xi will attend the 27th APEC informal leaders meeting on November 20. On the 19th, APEC Business Leaders dialogue was held in advance. It has also been the practice of APEC for many years to hold a summit of business leaders before an informal meeting of leaders.

u25b3 Malaysia is the host of this years APEC meeting, which is the famous landmark of Kuala Lumpur, the Twin Peak Tower.

Founded in 1989, APEC has become the highest level, widest and most influential economic cooperation organization in the Asia Pacific region. At present, APEC has 21 members. Among the five operational mechanisms of APEC, the level of informal leaders meeting is the highest.

APEC Business Leaders Summit has a tradition of inviting leaders of major countries including China to give speeches. Since 2013, from Bali, Indonesia to Port Moresby, Papua New Guinea, President Xi has attended the APEC Business Leaders Summit for six consecutive years and delivered a keynote speech. This year is his seventh speech on this occasion.

Key actions and Chinas choice

After the China International Fair and the Shanghai Cooperation summit, President Xi once again introduced the new development pattern proposed by the Fifth Plenary Session of the 19th CPC Central Committee at an important international conference.

In his keynote speech, President Xi said that our proposal to build a new development pattern is a strategic choice based on Chinas own development stage and development conditions and taking full account of economic globalization and changes in the external environment.

In April this year, the medical expert group of China went to Malaysia to hold a video conference with the Malaysian traditional Chinese medicine community to share the experience of Chinese medicine in anti epidemic.

How will China build a new development pattern? A comprehensive plan has been made at the Fifth Plenary Session of the 19th CPC Central Committee. At the APEC Business Leaders dialogue, President Xi elaborated on Chinas action priorities for building a new development pattern from three aspects.

Smooth circulation of domestic demand

The Fifth Plenary Session of the 19th CPC Central Committee clearly pointed out that we should adhere to the strategic basis of expanding domestic demand and accelerate the cultivation of a complete domestic demand system. In his keynote speech on the 19th, President Xi stressed that we will continue to deepen the supply side structural reform, make greater efforts to expand domestic demand, make production, distribution, circulation and consumption more dependent on the domestic market, and enhance the adaptability of the supply system to domestic demand.

u0394 live delivery of goods by e-commerce in Jinping County, Guizhou Province. This is the local characteristic fruit, which is called bufuna in Miao language.

Strong driving force of innovation

In his speech, President Xi pointed out that with China entering a new stage of development, the factors and conditions supporting development have undergone profound changes, and it is necessary to realize connotative growth driven by innovation. China will accelerate the transformation of scientific and technological achievements into real productive forces and create an innovation system closely integrated with science and technology, education, industry and finance.

Reform activation

Reform is the key to liberating and developing social productive forces. In his speech, President Xi stressed that we will take greater courage and take more measures to break down deep-seated institutional barriers and promote the modernization of the national governance system and governance capacity.

The equal scale model of tianwen-1 rover was exhibited at the 2020 global technology transfer conference in Shanghai, China.

We will never go back to history

Building a new development pattern is not only Chinas strategic choice, but also a major opportunity for the world. In his speech, President Xi stressed: we will never go back to history, nor seek decoupling or engage in closed and exclusive small circles. What is the world significance of Chinas choice of building a new development pattern? President Xi mainly talked about three aspects in his speech.

Chinas potential creates world demand

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Xi Jinping: China market creates more demand for the world.

Chinas opening up brings world opportunities

Opening to the outside world is Chinas basic national policy and will not waver at any time. In his speech, President Xi said: I would like to reiterate that Chinas determination to open up to the outside world is unswerving, and the door to opening up will be wider and wider. A clear example is that since this year, Chinas opening up has not stopped, but has launched a series of policies and measures to expand its opening up.

1 u25b3 overlooking Hainan free trade port Boao Lecheng International Medical Tourism Pioneer Area. In April 2018, the general secretary visited here.

At the expert forum on economic and Social Affairs held in August 24th this year, Xi Jinping said that all countries, regions and enterprises willing to cooperate with us, including states, localities and enterprises in the United States, should actively cooperate. At the APEC Business Leaders dialogue, President Xi reiterated this view.

One belt, one road, opened one belt, one road, the road of peace, prosperity, open road, innovation and civilization. In May 14, 2017, President Xi proposed the opening of the one belt and one way International Cooperation summit. One belt, one road, was put forward in November 19ths keynote speech: to build a road to the other road to cooperation, health, recovery and growth.

Asia Pacific Community of common destiny

7 years ago, during the APEC Bali Island conference, President Xi Jinping put forward for the first time that we should firmly establish the sense of destiny in the Asia Pacific region. This is penada in Bali, Indonesia.

The epidemic once again proved the importance and urgency of building a community of shared future for mankind. In his keynote speech on November 19, President Xi stressed that we should deepen the sense of community of common destiny, continuously promote regional economic integration and benefit the people of the Asia Pacific region.

According to the statistics of NHK in Japan, as of 20:15 on the 18th of this month, 2201 new cases were confirmed in Japan on the same day, which is the first time that more than 2000 cases have been added in a single day since the outbreak of the epidemic.

In September this year, South Korea achieved positive export growth for the first time after the outbreak of the epidemic, with a year-on-year increase of 7.6%. This is the worlds largest automobile factory - South Koreas Weishan automobile factory, with an export terminal.

Just four days before the APEC Business Leaders dialogue, on November 15, after eight years of negotiations, China formally signed the regional comprehensive economic partnership agreement (RCEP) with ten ASEAN countries, as well as 15 countries including South Korea, Japan, Australia and New Zealand. It will be a free trade zone with the largest participation population, the most diversified membership structure and the largest development potential in the world. Of the 15 RCEP countries, 12 are APEC members. The successful signing of RCEP is a big step towards the APEC dream of building the Asia Pacific Free Trade Area.

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Xi Jinping: Asia Pacific is our common home (source: video synthesis).

Xi Jinping: Asia Pacific is our common home.

Supervisor Shen Yong

By Gong Xuehui and Yu Zhenyi

Editor Wang Jiyang