e-magazine
Culture and Communication
After a decade of development, Confucius Institutes have become an essential platform for promoting understanding between China and other countries
Current Issue
· Table of Contents
· Editor's Desk
· Previous Issues
· Subscribe to Mag
Subscribe Now >>
Weekly Watch
Expert's View
World
Nation
Business
Finance
Market Watch
Legal-Ease
North American Report
Forum
Government Documents
Expat's Eye
Health
Sci-Tech
Lifestyle
Books
Movies
Backgrounders
Special
Photo Gallery
Blogs
Reader's Service
Learning with
'Beijing Review'
E-mail us
RSS Feeds
PDF Edition
Web-magazine
Reader's Letters
Make Beijing Review your homepage
Hot Links

Market Avenue
eBeijing

Latest News
Special> APEC China 2014 > Latest News
UPDATED: November 11, 2014
Xi Outlines Four Expected Achievements of APEC Meetings
Share

Chinese President Xi Jinping on Monday outlined four expected achievements of the Asia-Pacific Economic Cooperation (APEC) meetings held in China this year.

The first achievement will be the launch of the Free Trade Area of the Asia-Pacific (FTAAP) process, which points out the direction for Asia-Pacific cooperation, Xi said when speaking at the dialogue between APEC leaders and representatives of the APEC Business Advisory Council.

The second achievement will be the issuance of a statement on the 25th anniversary of the APEC, which draws on past experience and sketches out the future vision, he told the gathering.

As the third achievement, the meetings will promote innovation, reforms and growth to seek new momentum for long-term development of the Asia-Pacific, he said.

Fourthly, a blueprint will be made to lay a solid foundation for all-round connectivity in the Asia-Pacific, said the Chinese president.

Noting that the Asia-Pacific faces both significant opportunities and various uncertainties, Xi urged the APEC to "add firewood to the fire of the Asia-Pacific and world economy."

China is wiling to work together with other APEC members for an inclusive and all-win partnership that features mutual trust and cooperation, he said.

Commenting on the FTAAP, Xi said it does not go against existing free trade arrangements, which are the potential pathways to realize the FTAAP goals.

The FTAAP can be the "aggregation" of existing free trade arrangements, and the aim of pushing forward the FTAAP process is to consolidate the regional integration and define long-term goals, the president noted.

He also hailed the moves of setting up the Asian Infrastructure Investment Bank and building the Silk Road Economic Belt and the 21st Century Maritime Silk Road, saying they will benefit all parties.

Speaking of the Chinese economy, Xi expressed confidence in finding balance between growth, restructuring, people's welfare and reforms to foster steady and long-term development of the economy.

"For China, the 'middle-income trap' will definitely be crossed. The key is when it will happen and how to move forward better after that," he said.

China will continue growing at a medium-high speed and improving the quality of its economy as the country steps up reforms, restructuring and innovation, the president stressed.

(Xinhua News Agency November 10, 2014)



 
Top Story
-Train Exports on Track
-Reforming Rail Freight
-Bridging Cultures
-Doing a Wonderful Job
-Breaking New Ground
Most Popular
在线翻译
About BEIJINGREVIEW | About beijingreview.com | Rss Feeds | Contact us | Advertising | Subscribe & Service | Make Beijing Review your homepage
Copyright Beijing Review All right reserved