In a written address at the APEC CEO Summit in Gyeongju on October 31, 2025, President Xi Jinping laid out a vision for a more connected, open, and sustainable Asia-Pacific. Against the backdrop of global turbulence and sluggish recovery, Xi called for renewed commitment to multilateralism, trade liberalization, and inclusive growth.
Reaffirming Multilateralism and Openness
President Xi emphasized that in the face of rising protectionism and unilateralism, APEC economies must safeguard the WTO-centered, rules-based trade system. "We must oppose the return of hegemonism and the law of the jungle," he said, advocating for stable supply chains and deeper regional economic integration, including the Free Trade Area of the Asia-Pacific.
A Win-Win Approach to Cooperation
Highlighting Asia-Pacific diversity as a strength, Xi encouraged economies to "draw on each other’s strengths" to expand the shared pie of prosperity. This "win-win" approach, he argued, is key to elevating development outcomes and fostering an environment where every member can thrive.
People-First and Sustainable Development
Centering people at the heart of progress, Xi urged full implementation of the U.N. 2030 Agenda for Sustainable Development. He stressed support for developing economies, bridging development gaps, and boosting well-being across the region. On climate action, Xi noted China’s leadership in renewable energy and its commitment to carbon peaking and neutrality targets.
China’s Role in Global Growth
Over the past five years, China contributed roughly 30% of global economic growth, with an average annual rate of around 5.5%. Looking ahead, its 15th Five-Year Plan aims to deepen reform, open markets further, and nurture innovation. President Xi highlighted China’s consumption market, world-class business environment, and cutting-edge tech landscape as key attractions for global investors.
As APEC looks forward to its next meeting in China, President Xi’s address in Gyeongju sets an agenda of shared responsibility, resilience, and mutual benefit. For young global citizens, entrepreneurs, and changemakers alike, this roadmap underscores the importance of collaboration in shaping a prosperous and sustainable future for the Asia-Pacific and beyond.
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Full text: President Xi Jinping's written speech at APEC CEO Summit
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