Current Affairs News 丨 How does the Asia-Pacific "engine" drive the recovery of the world economy? Xi Jinping puts forward China's proposal

  The Asia-Pacific is an important engine of world economic growth, and the Asia-Pacific Economic Cooperation (APEC) is the region's highest-level, widest, and most influential economic cooperation organization.

On the evening of July 16, President Xi Jinping was invited to attend the APEC informal meeting of leaders by video and delivered a speech.

  How does the Asia-Pacific "engine" drive the recovery of the world economy?

President Xi clearly put forward China's proposition.

After more than half a year, President Xi once again attended an important APEC meeting

  In November last year, President Xi Jinping delivered an important speech at the 27th APEC Leaders’ Informal Meeting. For the first time, he systematically elaborated on building an Asia-Pacific community with a shared future that is open, inclusive, innovative growth, interconnected, and win-win cooperation.

  The conference was hosted by Malaysia and adopted the APEC 2040 vision named after the country’s famous city, Putrajaya.

△On July 16, 2021, all participating parties will attend the meeting via video.

(Photo/APEC official website)

  The host of APEC this year is New Zealand, and the 28th APEC Informal Leaders' Meeting will be held in November.

The meeting on July 16 was initiated by New Zealand. It is understood that this is the first special meeting held at the leadership level since APEC was established. The main purpose is to respond to the epidemic and boost the economy.

△APEC2021's creative icon draws on New Zealand Maori and knitting terminology, which means that you and I are intertwined with each other.

  This is the first time that President Xi has attended an important APEC meeting in more than six months.

In a speech entitled "Unity and Cooperation Against the Epidemic Leading the Economic Recovery", President Xi emphasized that overcoming the epidemic at an early date and restoring economic growth are the most important tasks for all members of the Asia-Pacific region.

  He said: "Under the current situation, we should strengthen solidarity and cooperation, work hard to overcome the impact of the epidemic, and promote the recovery of the world economy."

△On July 16, 2021, New Zealand Prime Minister Ardern (second from right) presided over the APEC informal meeting of leaders.

(Photo/APEC official website)

Urgent cooperation to fight the epidemic

  When attending the 27th APEC Leaders' Informal Meeting last year, President Xi pointed out that responding to the epidemic is currently the most urgent task.

We must strengthen vaccine research and development and exchanges, strive to make vaccines a global public product, and promote the availability and affordability of vaccines in developing countries.

  After more than half a year, the new crown pneumonia epidemic has fluctuated repeatedly, the virus has frequently mutated, and the epidemic prevention and control situation remains grim.

Among the four proposals put forward by President Xi in this informal leadership meeting, the first one is still to

strengthen international cooperation in the fight against the epidemic

.

△ Due to the recurrence of the new crown epidemic, Victoria, Australia has entered an emergency lockdown for five days starting at 11:59 pm on July 15.

(Photo/Visual China)

  At the Global Health Summit on May 21 this year, President Xi revealed that China has supplied 300 million doses of vaccines to the world and will do its best to provide more vaccines to the outside world.

  On July 16, he pointed out that China has overcome the challenges of its own mass vaccination and provided more than 500 million doses of vaccine to developing countries.

  Behind the dramatic increase in data is China's actions that have attracted the attention of the world.

△On July 12, 2021, the Global Alliance for Vaccines and Immunization announced the signing of a large-volume pre-purchase agreement with China National Pharmaceutical Group and Kexing Company, which means that Chinese vaccines have entered the vaccine library of the "New Coronary Pneumonia Vaccine Implementation Plan".

(Photo/Visual China)

  Vaccines are a powerful weapon to defeat the epidemic and restore the economy.

  As early as May last year, President Xi announced that China's new crown vaccine will become a global public product after its research and development is completed and put into use.

China has announced that it supports the intellectual property rights exemption for the new crown pneumonia vaccine, and it also supports the World Trade Organization and other international institutions to make an early decision on this.

  At the informal meeting of APEC leaders on July 16, President Xi once again emphasized: "China supports the intellectual property rights exemption for the new crown pneumonia vaccine and is willing to work with all parties to promote the World Trade Organization and other international institutions to make early decisions."

△July 2021, Tokyo, Japan, citizens pass the Tokyo Olympics posters.

(Photo/Visual China)

Multi-pronged approach to promote recovery

  Since the outbreak of the epidemic, the economy of the Asia-Pacific region has taken the lead in forming a momentum of recovery and has contributed to boosting the world economy.

  One of the core topics of this APEC informal meeting is to overcome the impact of the epidemic and accelerate economic recovery.

The leader's statement issued after the meeting was based on this topic.

△As of July 15, 2021, Malaysia has added more than 10,000 new crown cases in a single day for three consecutive days, and labor shortages have led to a bleak prospect for tea gardens.

(Photo/Visual China)

  Among the four points put forward by President Xi, three are all "prescriptions" for leading the economic recovery.

Deepen regional economic integration

:

President Xi emphasized that opening up financing is the general trend.

We must promote trade and investment liberalization and facilitation. We must tear down walls instead of building walls, open up instead of isolation, and integrate instead of decoupling.

He pointed out that China has taken the lead in completing the approval of the regional comprehensive economic partnership agreement and expects the agreement to come into effect within this year.

△Qianwan Port Area of ​​Qingdao Port (Photo/Visual China)

Adhere to inclusive and sustainable development:

When attending the APEC informal meeting of leaders last year, President Xi emphasized the need to continue to implement APEC's high-quality growth strategy and inclusive action agenda, accommodate the concerns of developing members, and promote inclusive and sustainable growth.

At this year's meeting, he once again emphasized that China supports APEC to carry out sustainable development cooperation.

Seize the opportunity of technological innovation:

President Xi emphasized that the global digital economy is an open and closely connected whole, and win-win cooperation is the only right way. Closed, exclusive, and antagonistic divisions will only lead to a dead end.

△On July 15, 2021, the slogan "Strive to build a leading area for socialist modernization" stood in the green space of Lujiazui, Shanghai.

(Photo/Visual China)

The Asia Pacific Blueprint is steadily advancing

  The 27th APEC Leaders’ Informal Meeting held last year was an important meeting to build on the past. From the “Bogor Goals” to the “Putrajaya Vision”, it looks forward to building an open, vigorous, resilient and peaceful building by 2040. Asia-Pacific Community.

  As an important promoter of Asia-Pacific cooperation, China has persevered in pushing Asia-Pacific cooperation from a blueprint to reality.

△On July 16, 2021, Russian President Putin attended the APEC informal meeting of leaders.

  In November 2014, the APEC Beijing meeting made a historic decision to start the process of the Asia-Pacific Free Trade Area.

President Xi once pointed out, “The road to the Asia-Pacific Free Trade Area will not be smooth, but we must always move towards this general direction and goal.”

  At the meeting on July 16, he once again emphasized that a high-level Asia-Pacific Free Trade Area will be established as soon as possible.

  Interconnection is an important foundation of regional economic integration.

  In November 2014, the APEC Beijing meeting approved the "APEC Connectivity Blueprint."

At last year's APEC informal meeting of leaders, President Xi pointed out that we must continue to promote the implementation of the APEC Connectivity Blueprint.

  On July 16, he again emphasized the need to fully implement the APEC connectivity blueprint.

From "continuous advancement" to "full implementation", the importance of interconnection in the context of the epidemic has been further demonstrated.

△ Queenstown, New Zealand (Photo/Visual China)

  The 2017 APEC Vietnam Da Nang Conference formulated the APEC Internet and Digital Economy Roadmap.

At last year’s meeting, President Xi pointed out, “We must fully implement the APEC Internet and Digital Economy Roadmap.”

  After more than half a year, he emphasized, “We must implement the APEC Internet and Digital Economy Roadmap in a comprehensive and balanced manner.” The new word “balanced” has been added to show that China attaches great importance to balanced development.

△ Pacific Ocean (Photo/Visual China)

  In November last year, President Xi Jinping quoted a Malaysian proverb-"Climb together when encountering mountains, and cross together when encountering ditches", emphasizing that this is the essence of the spirit of the Asia-Pacific family.

  At this year's meeting, he quoted a Maori proverb from the host New Zealand-"When you face the sun, the shadow will eventually dissipate."

  As long as we work together and help each other, we will be able to usher in a better tomorrow for the Asia-Pacific and the world.

  Chief Author丨Gong Xuehui Yu Zhenyi

  Vision丨Chen Kuo Zhang Jing