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World News November 16, 2024

Xi Jinping says general trend of economic globalization has never changed

Chinese President Xi Jinping urged efforts to promote inclusive and beneficial economic globalization during his speech to the APEC CEO Summit 2024. He emphasized the Asia-Pacific region’s critical role in global economic integration and warned against attempts to disrupt economic cooperation, calling such actions a step backward. Xi outlined three key priorities: fostering innovation for global economic growth, reforming global economic governance to ensure equality and inclusivity, and addressing imbalances in development to achieve shared prosperity.

He highlighted China’s commitment to high-quality development, green transition, and opening its economy further, pledging to advance global cooperation through initiatives like the Belt and Road and high-standard free trade networks. Xi called for unity in overcoming challenges, aiming for a prosperous Asia-Pacific and a brighter future for all.

Source : CGTN

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