“Building an Asia Pacific Community” -On the 20th, the 27th APEC Economic Leaders Meeting held by video achieved this goal and pointed out the direction of Asia-Pacific economic cooperation in the next 20 years.
“We should use this as a new starting point to start a new phase of Asia-Pacific cooperation.” In his speech at the summit, China’s top leader Xi Jinping once again advocated building an “Asia-Pacific Destination Community” with openness, inclusiveness, innovative growth, interconnectedness and mutually beneficial cooperation. And for the first time, he comprehensively explained its four connotations and provided suggestions and assistance for promoting the development of Asia and the Pacific.
It is not accidental that China’s initiative and the new APEC plan achieve “resonance”, but because people have strong demands for solidarity, cooperation and multilateralism in a special context.
According to the estimate of the Policy Support Office of the APEC Economic Research Institution, affected by the new corona epidemic, the Asia-Pacific region will experience negative economic growth for the first time in 30 years. Under the original plan, the “Bogor target” that has guided Asia-Pacific economic cooperation for more than 20 years will expire at the end of the year. What is the future path of Asia-Pacific cooperation? A new plan is urgently needed.
At this summit, Xi Jinping elaborated the deep connotation of the “Asia-Pacific Community of Shared Future” from the four aspects of openness and inclusion, innovative growth, interconnectedness and mutually beneficial cooperation, and pointed the way for the Asia-Pacific region make the new vision a reality. Relevance and orientation.
Among them, the persistence of openness and inclusiveness has programmatic significance for the development of Asia and the Pacific. Looking back on more than 30 years of Asia-Pacific economic cooperation, trade and investment liberalization and facilitation, and economic and technological cooperation are the two driving wheels. However, in recent years, globalization has run up against a tide, the WTO Appellate Body has been suspended, the selection of a new Director-General has stalled, and multilateralism and economic integration have been hampered. At the critical moment, Xi Jinping emphasized that “the Asia-Pacific region must continue to lead the way, resolutely maintain peace and stability, firmly defend multilateralism, and persist in building an open world economy,” which obviously provides guidance for the future development of Asia and the Pacific from the central level.
As the main focus of Asia-Pacific cooperation, the construction of a free trade zone has attracted much attention. With the recent completion of the signing of the Regional Comprehensive Economic Partnership Agreement, the Asia-Pacific Free Trade Area process has taken a great step forward. In this speech, President Xi made it clear that the Asia-Pacific Free Trade Area will be established as soon as possible. China “will also actively consider joining the Comprehensive and Progressive Trans-Pacific Partnership Agreement” and announced that it will hold an inclusive trade and investment seminar next year.
This shows that China is open to any institutional arrangement leading to the integration of the Asia-Pacific region. Mei Ruiqi, Executive Director of the New Zealand Relations Promotion Council with China, recently commented that China has been working closely with other countries to ensure the normal functioning of the global supply chain and the free flow of trade and investment.
In the new situation, the advancement of Asia-Pacific cooperation requires a new impetus. From calling for the full implementation of APEC’s Internet and Digital Economy Roadmap, to advocating for optimizing the digital business environment and announcing that a digital poverty reduction seminar will be held next year, a number of proposals and measures presented by China are derived from the experience of China’s economic recovery. It also reflects an accurate understanding of the laws of economic development and provides an important key to achieving innovative growth in the Asia-Pacific region.
Under the epidemic situation, China’s efforts to open a “fast channel” with many countries in the Asia-Pacific region and maintain the supply chain of the global industrial chain are impressive. In this speech, Xi Jinping called for continuing to promote the implementation of the Asia-Pacific Economic Cooperation Plan for connectivity, actively and constantly promoting the construction of cargo “green channels” and the high-quality joint construction of the “Belt and Road”. “which will further consolidate the foundation of Asia-Pacific economic integration and continue to expand the Asia-Pacific region. Cooperation cake.
“Climb together when you find mountains and cross together when you find a ditch”, the essence of the spirit of the Asia-Pacific family will inspire all members to move towards vision 2040. And a China that is about to enter a new stage development will surely create new momentum for the realization of this goal, and let the world witness that “Asia-Pacific economic cooperation has never been a zero-sum game, a political game in which you lose or it is lost, but a mutual achievement and mutual benefit. A win-win development platform. ” (International sharp commentator)
“Building an Asia-Pacific Community” -On the 20th, the 27th APEC Leaders Meeting in the hands of video mode achieved this goal and pointed the direction for Asia-Pacific economic cooperation in the next 20 years.
“We should use this as a new starting point to open a new phase of Asia-Pacific cooperation.” In his speech at the summit, China’s top leader Xi Jinping once again advocated building an “Asia-Pacific Destination Community” that offers openness, inclusion, innovative growth, interconnectedness and mutually beneficial cooperation. And for the first time, he comprehensively explained its four connotations to provide suggestions and help promote the development of Asia and the Pacific.
It is not accidental that China’s initiative and the new APEC plan achieve “resonance”, but because people have strong demands for solidarity, cooperation and multilateralism in a special context.
According to the estimate of the Policy Support Office of the APEC Economic Research Institution, affected by the new corona epidemic, the Asia-Pacific region will experience negative economic growth for the first time in 30 years. Under the original plan, the “Bogor target” that has guided Asia-Pacific economic cooperation for more than two decades will expire at the end of the year. What is the future path of Asia-Pacific cooperation? A new plan is urgently needed.
At this summit, Xi Jinping referred to the deep connotation of the “Asia-Pacific Community of Shared Future” from the four aspects of openness and tolerance, innovative growth, interconnectedness and mutually beneficial cooperation, and pointed the way for the Asia-Pacific region to realize its new vision. Relevance and orientation.
Among them, the persistence of openness and inclusion is of programmatic importance for the development of Asia and the Pacific. Looking back on more than 30 years of Asia-Pacific economic cooperation, trade and investment liberalization and facilitation, and economic and technological cooperation are the two driving wheels. However, in recent years, globalization has run against the tide, the WTO Appellate Body has been suspended, the selection of a new director-general has stalled, and multilateralism and economic integration have been hampered. At the critical moment, Xi Jinping emphasized that “the Asia-Pacific region must continue to lead the way, resolutely maintain peace and stability, resolutely defend multilateralism and persist in building an open world economy,” which obviously provides guidance for the future development of Asia and the Pacific from the central level.
As the main focus of Asia-Pacific cooperation, the construction of a free trade area has attracted much attention. With the completion of the signing of the Regional Comprehensive Economic Partnership Agreement recently, the Asia-Pacific Free Trade Area process has taken a great step forward. In this speech, President Xi made it clear that the Asia-Pacific Free Trade Area will be established as soon as possible. China “will also actively consider joining the Comprehensive and Progressive Trans-Pacific Partnership Agreement” and announced that it will hold an inclusive trade and investment seminar next year.
This shows that China is open to any institutional arrangement leading to the integration of the Asia-Pacific region. Mei Ruiqi, Executive Director of the New Zealand Relations Promotion Council with China, recently commented that China has been working closely with other countries to ensure the normal functioning of the global supply chain and the free flow of trade and investment.
In the new situation, the advancement of Asia-Pacific cooperation requires a new impetus. From calling for the full implementation of APEC’s Internet and Digital Economy Roadmap, to advocating for optimizing the digital business environment and announcing that a digital poverty reduction seminar will be held next year, a number of proposals and measures put forward by China are derived from the experience of China’s economic recovery. It also reflects an accurate understanding of the laws of economic development and provides an important key for Asia-Pacific to achieve innovative growth.
Under the epidemic situation, China’s efforts to open a “fast channel” with many countries in the Asia-Pacific region and maintain the supply chain of the global industrial chain are impressive. In this speech, Xi Jinping called for the continued implementation of APEC’s connectivity plan, the active and steady progress of the construction of the “green channel” of goods, and the high-quality joint construction of the “Belt and Road”, which will consolidate further the foundation of Asia-Pacific economic integration and will continue to expand the Asia-Pacific region. Cooperation cake.
“Climb together when you find mountains and cross together when you find a ditch”, the essence of the spirit of the Asia-Pacific family will inspire all members to move towards vision 2040. And a China that is about to enter a new stage development will surely create new momentum for the realization of this goal, letting the world witness that “Asia-Pacific economic cooperation has never been a zero-sum game, a political game in which you lose or it is lost, but a mutual achievement and mutual benefit. A win-win development platform. ” (International sharp commentator)
