Sign in Subscribe
Chief executive officers

China's Vision for the Asia Pacific: A Commitment to Solidarity, Cooperation, and Mutuality

Strategic Insights

— 1 min read

As global economic recovery remains sluggish and the world grapples with accelerated transformation, Chinese President Xi Jinping emphasized the significance of the Asia Pacific region in driving world development and prosperity. Speaking at the APEC CEO Summit, President Xi outlined China's vision for the Asia Pacific, emphasizing the importance of solidarity, cooperation, and mutuality in addressing global challenges.

Key Takeaways:

  • China has consistently upheld the current international order and practices true multilateralism, rejecting the assertion that a strong country will inevitably seek hegemony.
  • China's solutions to global issues, such as the Belt and Road Initiative and the Global Development Initiative, are based on Chinese wisdom and aim to promote common prosperity and win-win cooperation.
  • China has been a major engine of world economic growth, with its economy contributing around 30% of global growth over the past five years, and is now the world's second-largest market of consumption and import.
  • China is committed to deepening reform and high-quality development, bringing more stability and certainty to the Asia Pacific and world economy, and providing fertile soil for global investors and entrepreneurs.
  • China can offer a good business environment, a vast platform of innovation, enabling conditions for green growth, and a huge and promising market for foreign investors.

Statistics:

  • China's economy has registered an annual growth rate of around 5.5% on average over the past five years.
  • China's 14th Five-Year Plan period ends this year, and the country will continue to deepen reform and high-quality development.
  • China has the largest renewable energy system and the biggest, most complete new energy industrial chain in the world.
  • The increased area of afforestation in China accounts for a quarter of the world total.
  • China will host APEC for the third time next year, demonstrating its full commitment to Asia Pacific cooperation and willingness to fulfill its responsibilities.

Sources:

  • People's Republic of China -- State Council News
  • Written Address by H.E. Xi Jinping President of the People's Republic of China At the APEC CEO Summit Gyeongju, October 31, 2025
  • Recommendations for Formulating the 15th Five-Year Plan (4th Plenary Session of the 20th Central Committee of the Communist Party of China)

Read more