{"id":12764,"date":"2024-11-17T14:30:28","date_gmt":"2024-11-17T07:30:28","guid":{"rendered":"https:\/\/thaipropertynews.com\/feeds\/?p=12764"},"modified":"2024-11-17T14:30:28","modified_gmt":"2024-11-17T07:30:28","slug":"cgtn-starting-a-new-era-in-asia-pacific-development-amid-global-uncertainty","status":"publish","type":"post","link":"https:\/\/thaipropertynews.com\/feeds\/?p=12764","title":{"rendered":"CGTN: Starting a new era in Asia-Pacific development amid global uncertainty"},"content":{"rendered":"

BEIJING<\/span><\/span>, Nov. 17, 2024<\/span><\/span> \/PRNewswire\/ — Over the decades, the Asia-Pacific<\/span> region has been a vital driver of global economic growth. In October, the International Monetary Fund predicted the region would contribute approximately 60 percent to global economic growth in 2024.<\/p>\n

At the same time, Asia-Pacific<\/span> cooperation is confronted with challenges such as rising tendencies of geopolitics, unilateralism and protectionism. In this regard, Chinese President Xi Jinping on Saturday called on leaders of Asia-Pacific Economic Cooperation (APEC) members to shoulder greater responsibilities.<\/p>\n

“We must act in solidarity and cooperation to meet the challenges, fully deliver on the Putrajaya Vision 2040, build an Asia-Pacific<\/span> community with a shared future, and start a new era in Asia-Pacific<\/span> development,” said Xi, when attending the 31st APEC Economic Leaders’ Meeting in Peru’s<\/span> capital Lima<\/span>.<\/p>\n

China’s<\/span> proposal<\/b><\/p>\n

To deepen Asia-Pacific<\/span> cooperation, the Chinese president on Saturday made three proposals.<\/p>\n

Firstly, Xi stressed the need to build an open and interconnected paradigm for Asia-Pacific<\/span> cooperation, calling for staying committed to multilateralism and an open economy.<\/p>\n

China<\/span> has made great efforts towards an open Asia-Pacific<\/span> economy. According to the Chinese Foreign Ministry, China<\/span> is the largest trading partner of 13 APEC economies and has actively advanced the building of the China-ASEAN Free Trade Area, promoted high-quality implementation of the Regional Comprehensive Economic Partnership (RCEP), and applied to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the Digital Economy Partnership Agreement.<\/p>\n

Secondly, Xi emphasized the need to make green innovation a catalyst for the Asia-Pacific<\/span>, saying APEC economies should push forward coordinated digital and green transformation and development to create new momentum and new drivers for Asia-Pacific<\/span> development.<\/p>\n

China<\/span> is developing new quality productive forces in light of actual conditions and deepening cooperation with interested parties on green innovation. Xi announced on Saturday that China<\/span> will launch a Global Cross-Border Data Flow Cooperation Initiative.<\/p>\n

China<\/span> has put forward initiatives for cooperation between APEC member economies in green agriculture, sustainable city development, green and low-carbon energy transition, and marine pollution control and prevention.<\/p>\n

The Chinese president also urged efforts to uphold a universally beneficial and inclusive vision for Asia-Pacific<\/span> development. The data unveiled by the Chinese Foreign Ministry showed China<\/span> contributes 64.2 percent of the region’s economic growth, 37.6 percent of the growth in goods trade, and 44.6 percent of the growth in services trade.<\/p>\n

Xi told APEC leaders that China<\/span> will advance initiatives through the APEC platform on increasing residents’ income and promoting the industrial cluster development of small- and medium-sized enterprises, for the purpose of bringing about universally beneficial and inclusive development of Asia-Pacific<\/span> economies.<\/p>\n

China’s<\/span> commitments<\/b><\/p>\n

China<\/span> will host the APEC Economic Leaders’ Meeting in 2026, Xi announced on Saturday, saying China<\/span> welcomes all parties to continue riding the “express train” of its development and grow together with the Chinese economy.<\/p>\n

The Chinese president reiterated China’s<\/span> commitments to reform and opening up. “Reform and opening up is a historic process in which China<\/span> and the world achieve development and progress together,” he said.<\/p>\n

The 20th Central Committee of the Communist Party of China<\/span>, at its third plenum in July, laid out systematic plans for further deepening reform across the board with more than 300 consequential reform measures being unveiled, pertaining to building a high-standard socialist market economy, advancing high-quality economic development, promoting high-standard opening up, improving the people’s quality of life, and building a beautiful country.<\/p>\n

In his written speech at the APEC CEO Summit on Friday, Xi also said China<\/span> will introduce more policies for voluntary and unilateral opening up, expand its globally-oriented network of high-standard free trade areas, and open its door even wider to the world.<\/p>\n

https:\/\/news.cgtn.com\/news\/2024-11-17\/Starting-a-new-era-in-Asia-Pacific-development-amid-global-uncertainty-1yAvmNr7lYc\/p.html<\/a>\u00a0<\/p>","protected":false},"excerpt":{"rendered":"

<\/p>\n

BEIJING<\/span><\/span>, Nov. 17, 2024<\/span><\/span> \/PRNewswire\/ — Over the decades, the Asia-Pacific<\/span> region has been a vital driver of global economic growth. In October, the International Monetary Fund predicted the region would contribute approximately 60 percent to global economic growth in 2024.<\/p>\n

At the same time, Asia-Pacific<\/span> cooperation is confronted with challenges such as rising tendencies of geopolitics, unilateralism and protectionism. In this regard, Chinese President Xi Jinping on Saturday called on leaders of Asia-Pacific Economic Cooperation (APEC) members to shoulder greater responsibilities.<\/p>\n

“We must act in solidarity and cooperation to meet the challenges, fully deliver on the Putrajaya Vision 2040, build an Asia-Pacific<\/span> community with a shared future, and start a new era in Asia-Pacific<\/span> development,” said Xi, when attending the 31st APEC Economic Leaders’ Meeting in Peru’s<\/span> capital Lima<\/span>.<\/p>\n

China’s<\/span> proposal<\/b><\/p>\n

To deepen Asia-Pacific<\/span> cooperation, the Chinese president on Saturday made three proposals.<\/p>\n

Firstly, Xi stressed the need to build an open and interconnected paradigm for Asia-Pacific<\/span> cooperation, calling for staying committed to multilateralism and an open economy.<\/p>\n

China<\/span> has made great efforts towards an open Asia-Pacific<\/span> economy. According to the Chinese Foreign Ministry, China<\/span> is the largest trading partner of 13 APEC economies and has actively advanced the building of the China-ASEAN Free Trade Area, promoted high-quality implementation of the Regional Comprehensive Economic Partnership (RCEP), and applied to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the Digital Economy Partnership Agreement.<\/p>\n

Secondly, Xi emphasized the need to make green innovation a catalyst for the Asia-Pacific<\/span>, saying APEC economies should push forward coordinated digital and green transformation and development to create new momentum and new drivers for Asia-Pacific<\/span> development.<\/p>\n

China<\/span> is developing new quality productive forces in light of actual conditions and deepening cooperation with interested parties on green innovation. Xi announced on Saturday that China<\/span> will launch a Global Cross-Border Data Flow Cooperation Initiative.<\/p>\n

China<\/span> has put forward initiatives for cooperation between APEC member economies in green agriculture, sustainable city development, green and low-carbon energy transition, and marine pollution control and prevention.<\/p>\n

The Chinese president also urged efforts to uphold a universally beneficial and inclusive vision for Asia-Pacific<\/span> development. The data unveiled by the Chinese Foreign Ministry showed China<\/span> contributes 64.2 percent of the region’s economic growth, 37.6 percent of the growth in goods trade, and 44.6 percent of the growth in services trade.<\/p>\n

Xi told APEC leaders that China<\/span> will advance initiatives through the APEC platform on increasing residents’ income and promoting the industrial cluster development of small- and medium-sized enterprises, for the purpose of bringing about universally beneficial and inclusive development of Asia-Pacific<\/span> economies.<\/p>\n

China’s<\/span> commitments<\/b><\/p>\n

China<\/span> will host the APEC Economic Leaders’ Meeting in 2026, Xi announced on Saturday, saying China<\/span> welcomes all parties to continue riding the “express train” of its development and grow together with the Chinese economy.<\/p>\n

The Chinese president reiterated China’s<\/span> commitments to reform and opening up. “Reform and opening up is a historic process in which China<\/span> and the world achieve development and progress together,” he said.<\/p>\n

The 20th Central Committee of the Communist Party of China<\/span>, at its third plenum in July, laid out systematic plans for further deepening reform across the board with more than 300 consequential reform measures being unveiled, pertaining to building a high-standard socialist market economy, advancing high-quality economic development, promoting high-standard opening up, improving the people’s quality of life, and building a beautiful country.<\/p>\n

In his written speech at the APEC CEO Summit on Friday, Xi also said China<\/span> will introduce more policies for voluntary and unilateral opening up, expand its globally-oriented network of high-standard free trade areas, and open its door even wider to the world.<\/p>\n

https:\/\/news.cgtn.com\/news\/2024-11-17\/Starting-a-new-era-in-Asia-Pacific-development-amid-global-uncertainty-1yAvmNr7lYc\/p.html<\/a>\u00a0<\/p>\n

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