On the afternoon of November 16 local time, President Xi Jinping met with U.S. President Joe Biden in Lima.President Xi Jinping pointed out that over the past four years, China-U.S. relations have gone through ups and downs, but the two sides have also been engaged in dialogue and cooperation. The relationship has remained stable on the whole. Under the stewardship of the two Presidents, the two teams have worked out through consultations a number of guiding principles for China-U.S. relations. The two Presidents have jointly brought China-U.S. dialogue and cooperation back on track. More than 20 communication mechanisms have been restarted or established, and positive achievements have been made in such areas as diplomacy, security, economy, trade, fiscal affairs, finance, military, counternarcotics, law enforcement, agriculture, climate change, and people-to-people exchange.President Xi underscored that it is worthwhile to review the experiences of the past four years and draw inspirations from them. He listed the following:First, it is important to have a correct strategic perception. The Thucydides's Trap is not a historical inevitability. A new Cold War should not be fought and cannot be won. Containing China is unwise, unacceptable and bound to fail.Second, it is important to match words with actions. A man cannot establish himself without credibility. China has always honored its words. If the U.S. side always says one thing but does another, it will be detrimental to its own image, and undermine trust between China and the United States.Third, it is important to treat each other as equals. As two major countries, neither China nor the United States should seek to remodel the other according to one's own will, suppress the other from the so-called "position of strength," or deprive the other of the legitimate right to development so as to maintain its leading status.Fourth, it is important not to challenge red lines and paramount principles. Contradictions and differences between two major countries like China and the United States are unavoidable. But one side should not undermine the core interests of the other, let alone seek conflict or confrontation. The one-China principle and the three China-U.S. joint communiqués are the political foundation of China-U.S. relations. They must be observed. The Taiwan question, democracy and human rights, China's path and system, and China's development right are four red lines for China. They must not be challenged. These are the most important guardrails and safety nets for China-U.S. relations.Fifth, it is important to conduct more dialogue and cooperation. Under the current circumstances, common interests between China and the United States are expanding rather than shrinking. Their cooperation is crucial not only for the economy, trade, agriculture, counternarcotics, law enforcement and public health, but also for handling global challenges of climate change and artificial intelligence (AI) as well as addressing international hotspot issues. The two sides should expand the list of cooperation and make a bigger pie of cooperation to achieve a win-win result.Sixth, it is important to respond to the expectations of the people. China-U.S. relations should always advance the well-being of the two peoples and bring them closer together. To facilitate personnel and cultural exchange, the two sides need to build bridges and roads, remove distractions and obstacles, and refrain from making any moves that have a chilling effect.Seventh, it is important to step forward to shoulder the responsibilities of major countries. China and the United States should always keep in mind humanity's future and their responsibilities for world peace, provide public good for the world, and act in a way conducive to global unity, including carrying out constructive interactions, refraining from mutual attrition, and not coercing other countries into taking sides.President Xi stressed that the trajectory of China-U.S. relations has proved the validity of these experiences and inspirations from the past 45 years of diplomatic ties. When the two countries treat each other as partner and seek common ground while shelving differences, their relationship will make considerable progress. But if they regard each other as rival and pursue vicious competition, they will roil the relationship or even set it back. Humanity is faced with unprecedented challenges in this turbulent world suffering from frequent conflicts. Major-country competition should not be the underlying logic of the times; only solidarity and cooperation can help humanity overcome current difficulties. Neither decoupling nor supply-chain disruption is the solution; common development can only be achieved through mutually beneficial cooperation. "Small yard, high fences" is not what a major country should do; only openness and sharing can advance the well-being of humanity. A stable China-U.S. relationship is critical not only to the interests of the Chinese and American peoples, but also to the future and destiny of the entire humanity. China and the United States should keep exploring the right way for two major countries to get along well with each other, realize long-term, peaceful coexistence on this planet, and inject more certainty and positive energy into the world.President Xi stressed that China's goal of a stable, healthy and sustainable China-U.S. relationship remains unchanged. Its commitment to mutual respect, peaceful coexistence and win-win cooperation as principles for handling China-U.S. relations remains unchanged. Its position of resolutely safeguarding China's sovereignty, security and development interests remains unchanged. And its desire to carry forward the traditional friendship between the Chinese and American peoples remains unchanged. China is ready to engage in dialogue, expand cooperation, and manage differences with the United States so as to sustain the hard-won momentum toward stability in China-U.S. relations.President Xi stated China's positions on Taiwan, economic and trade ties, science and technology, cybersecurity, the South China Sea, the Ukraine crisis and the Korean Peninsula.President Xi stressed that cross-Strait peace and stability and "Taiwan independence" separatist activities are irreconcilable as water and fire. If the U.S side cares about maintaining peace across the Taiwan Strait, it is crucial that it sees clearly the true nature of Lai Ching-te and the DPP authorities in seeking "Taiwan independence," handles the Taiwan question with extra prudence, unequivocally opposes "Taiwan independence," and supports China's peaceful reunification.The Chinese people's right to development is not to be deprived of or ignored. While all countries need to safeguard their national security, they should not overstretch the national security concept, still less use it as a pretext for malicious moves to constrain and contain other countries.There is no evidence that supports the irrational claim of the so-called "cyberattacks from China." China itself is a target of international cyberattacks, and consistently opposes and combats all forms of cyberattacks.China firmly upholds its territory, sovereignty and maritime rights and interests in the South China Sea. Dialogue and consultation between states concerned is always the best way to manage differences in the South China Sea. The United States should not get involved in bilateral disputes over the relevant islands and reefs of Nansha Qundao, nor should it aid or abet the impulsion to make provocations.China's position and actions on the Ukraine issue have always been fair and square. China conducts shuttle diplomacy and mediation to promote peace talks, makes every effort for peace, and strives for deescalation. China does not allow conflict and turmoil to happen on the Korean Peninsula. It will not sit idly by when its strategic security and core interests are under threat.President Biden stated that the U.S.-China relationship is the most important relationship in the world, not just for the two peoples, but also for the future of the world. The two governments have a responsibility to the two peoples and the world to see that competition does not veer into conflict. In the past four years, the two sides worked together to rebuild channels of communication. The two diplomatic and security teams have often had strategic communications and had candid and in-depth dialogue, which helped the two sides to better understand each other. Particularly since the San Francisco meeting a year ago, the two sides have made tangible progress on mil-to-mil relations, counternarcotics, law enforcement, AI, climate change and people-to-people exchange. The two sides support each other's bid for hosting the APEC and G20 meetings respectively in 2026. This demonstrates what we can do for the two peoples when we work together. The United States does not seek a new Cold War, it does not seek to change China's system, its alliances are not targeted against China, it does not support "Taiwan independence," it does not seek conflict with China, and it does not see its Taiwan policy as a way to compete with China. The U.S. side will stay committed to the one-China policy. The United States is prepared to enhance communication and dialogue with China during the transition period to have a better perception of each other and responsibly manage the differences.The two Presidents reiterated the seven-point common understandings on the guiding principles for China-U.S. relations, namely treating each other with respect, finding a way to live alongside each other peacefully, maintaining open lines of communication, preventing conflict, upholding the United Nations Charter, cooperating in areas of shared interest, and responsibly managing competitive aspects of the relationship. The two sides are ready to uphold these principles, continue to stabilize China-U.S. relations, and ensure a smooth transition of the relationship.The two Presidents spoke positively about the important role of China-U.S. strategic communication, regular contact between the diplomatic and security teams, and dialogue mechanisms on mil-to-mil relations, economic and trade ties, and financial issues. They agreed to maintain the momentum in communication and strengthen macroeconomic policy coordination. The two Presidents reviewed the important progress in dialogue and cooperation on counternarcotics, climate change, AI, and people-to-people exchanges since their San Francisco meeting.The two Presidents believed that the two sides have had candid and constructive dialogue on AI. The two sides co-sponsored each other's resolutions at the U.N. General Assembly on AI. They affirmed the need to enhance international cooperation and promote AI for good for all. The two Presidents stressed the need to maintain human control over the decision to use nuclear weapons.The two Presidents both believed that their meeting has been candid, profound and constructive. They expressed their willingness to stay in contact.Cai Qi and Wang Yi attended the meeting.

On the afternoon of November 15, 2024 local time, President Xi Jinping met with Japanese Prime Minister Shigeru Ishiba on the sidelines of the 31st APEC Economic Leaders' Meeting in Lima.Xi Jinping pointed out that as the current international and regional situations face changes and turbulence, China-Japan relations are in a critical period of improvement and development. As close neighbors and important countries in Asia and the world, the relationship between China and Japan holds great significance that goes beyond the bilateral scope. China is willing to work with Japan, in accordance with the principles and directions established in the four political documents between China and Japan, to firmly uphold the important common understandings that the two countries should be cooperative partners rather than threats to each other, make joint efforts to comprehensively advance the strategic relationship of mutual benefit between China and Japan, and endeavor to build a constructive and stable China-Japan relationship fit for the new era.Xi Jinping stressed that China's development is an opportunity for the world, and this is especially true for neighboring countries including Japan. He expressed the hope that Japan will work with China to develop a correct mutual understanding, steer the bilateral relationship in the right direction from a strategic perspective and with a broad view of the overall situation, and translate the important political common understandings reached by both sides into concrete policies and actions. Xi Jinping called on the Japanese side to face history squarely, be forward-looking, and properly handle historical, Taiwan-related and other major issues of principle, manage differences in a constructive manner, and maintain the political foundation of bilateral relations. Both sides should deepen and expand people-to-people, cultural and sub-national exchanges, promoting mutual understanding between the people of the two countries, especially the younger generation. As China's and Japan's economic interests and industrial and supply chains are deeply integrated, both sides should adhere to win-win cooperation and safeguard the global free trade system as well as stable and unimpeded industrial and supply chains. Xi Jinping also called on the two countries to strengthen cooperation on international and regional affairs, practice true multilateralism, promote open regionalism, and jointly address global challenges.Shigeru Ishiba said that both Japan and China bear responsibility for regional peace and prosperity, and joint efforts by both sides to comprehensively promote the Japan-China strategic relationship of mutual benefit and build a constructive and stable Japan-China relationship are of great significance to the region and the world. The Japanese side's position on the Taiwan question, based on the Japan-China Joint Statement in 1972, remains unchanged. The Japanese side adheres to the principles and consensus established in the four political documents between Japan and China, and keeps pursuing a path of peaceful development. The Japanese side is willing to engage in candid dialogue at all levels with the Chinese side in the spirit of facing history squarely and looking to the future, so as to enhance mutual understanding and mutual trust. There is huge potential for Japan-China economic cooperation, and Japan has no intention of "decoupling and severing industrial and supply chains" with China. Shigeru Ishiba expressed the hope that both sides will strengthen people-to-people and cultural exchanges, push for more outcomes in cooperation across various fields such as economy and trade, green development, and medical and health care, and deliver more benefits to the people of both countries. Japan is willing to closely cooperate with China within APEC and other frameworks.The two sides agreed to maintain high-level exchanges, make good use of high-level dialogue mechanisms in the fields of economy and culture, and translate the consensus reached on Japan's discharge of nuclear-contaminated water from Fukushima into action as soon as possible.Cai Qi and Wang Yi, among others, attended the meeting.

On the afternoon of November 15, 2024 local time, President Xi Jinping met with Prime Minister of New Zealand Christopher Luxon on the sidelines of the 31st APEC Economic Leaders' Meeting in Lima.Xi Jinping pointed out that 10 years ago, during his visit to New Zealand, the two sides made the decision to establish a comprehensive strategic partnership between China and New Zealand. Over the past decade, China-New Zealand relations have maintained a momentum of sound and steady development, which has significantly enhanced the well-being of the people of both countries and is well worth cherishing. China and New Zealand are both important members of the Asia-Pacific region with strong economic complementarities and mutual benefit. With no historical grievances or conflicts of fundamental interests, the two sides should regard each other as an opportunity and partner, rather than a challenge or threat. The two sides should manage differences in a calm and practical manner, rather than allowing differences to define bilateral relations. China is ready to work with New Zealand to continue to carry forward the spirit of "striving to be the first", and jointly build a bilateral relationship featuring mutual respect, inclusiveness, focusing on cooperation and common development, so as to contribute to the development of both countries.Xi Jinping stressed that China supports efforts from various sectors in both countries, including sub-national levels, youth, media and scholars, to strengthen exchanges through various means, thereby consolidating the foundation of friendship between the people of the two countries. China has included New Zealand in its visa-free policy and welcomes more friends from New Zealand to work and travel in China. China is ready to work with New Zealand to strengthen coordination and cooperation within the United Nations, APEC, the World Trade Organization and other multilateral frameworks, and jointly safeguard peace and stability in the Asia-Pacific region and the world at large.Christopher Luxon said that China is a great nation. Since President Xi Jinping's successful visit to New Zealand 10 years ago, bilateral relations have developed well and the bond between the two peoples has grown very strong. New Zealand is committed to continuously deepening the comprehensive strategic partnership with China, firmly abiding by the one-China policy, and is ready to maintain high-level exchanges with China, as well as to comprehensively deepen cooperation in areas such as economy and trade, green development, and climate change response. New Zealand looks forward to strengthening communication and collaboration with China within multilateral mechanisms such as APEC to jointly safeguard the freedom and openness of regional trade and promote regional prosperity and development.Cai Qi and Wang Yi, among others, attended the meeting.

On the afternoon of November 15, 2024 local time, President Xi Jinping met with Chilean President Gabriel Boric on the sidelines of the 31st APEC Economic Leaders' Meeting in Lima.Xi Jinping noted that Chile was the first South American country to establish diplomatic relations with the People's Republic of China. Over the past half-century, the two sides have always firmly supported each other on core interests and major concerns, being good friends who trust each other, and good partners for win-win cooperation. China is ready to work with Chile to take the 55th anniversary of the establishment of diplomatic relations next year as an opportunity to strengthen strategic communication, deepen mutually beneficial cooperation, share development opportunities, and promote new and greater development in the comprehensive strategic partnership between the two sides, so as to bring greater benefits to the two peoples.Xi Jinping stressed that the two sides should strengthen interactions and exchanges in various fields and at all levels, uphold mutual respect and trust, mutual benefit, and connectivity, and continuously enrich their cooperation. The two sides should strengthen cooperation in areas such as infrastructure, clean energy, information and communications, and promote bilateral cooperation to more sustainable and broader areas with high-level free trade and more open industrial policies. China welcomes more high-quality Chilean products to be exported to China, supports more Chinese enterprises in investing and doing business in Chile, and hopes that Chile will provide a transparent, open and non-discriminatory business environment for Chinese enterprises. China is willing to strengthen communication and cooperation with Chile within multilateral mechanisms such as the United Nations, the World Trade Organization and APEC, practice true multilateralism, safeguard a smooth and stable global supply chain and the common interests of the Global South, and jointly build an open, dynamic, resilient and peaceful Asia-Pacific community.Gabriel Boric said Chile and China enjoy sound relations and yield fruitful results in economic and trade cooperation. Under the current international circumstances, the constant development of Chile-China relations holds great significance. Chile firmly abides by the one-China principle and is willing to deepen exchanges and cooperation with China in various fields such as culture and education. Gabriel Boric congratulated President Xi Jinping on the opening of the Chancay Port yesterday. He expressed Chile's welcome for more Chinese enterprises to carry out cooperation with Chile in areas such as production capacity and infrastructure, and Chile's willingness to provide a favorable business environment for Chinese companies. Chile looks forward to close communication with China within multilateral frameworks including APEC, jointly opposing protectionism, and safeguarding global free trade as well as safe and smooth industrial and supply chains. Chile supports China's accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the Digital Economy Partnership Agreement (DEPA).Cai Qi and Wang Yi, among others, attended the meeting.

On the morning of November 15, 2024 local time, President Xi Jinping met with President of the Republic of Korea (ROK) Yoon Suk Yeol on the sidelines of the 31st APEC Economic Leaders' Meeting in Lima.Xi Jinping noted that since their last meeting two years ago in Bali, the international and regional situations have undergone many changes. No matter how the situations change, China and the ROK should stick to the original intention of establishing diplomatic relations, firmly adhere to the direction of good-neighborliness and friendship, and remain committed to the goal of mutual benefit and win-win results. Xi Jinping called on the two sides to give full play to the advantages of geographical proximity, cultural affinity and economic integration to strengthen exchanges and deepen cooperation, and promote the sound and steady development of the China-ROK strategic cooperative partnership, so as to bring more benefits to the two peoples and make greater contributions to advancing regional peace, stability, development and prosperity.Xi Jinping stressed that both sides should strengthen high-level exchanges, enhance understanding and trust, and strive to help each other succeed and achieve common development. China is committed to expanding high-level opening-up and welcomes more ROK enterprises to invest and do business in China. Xi Jinping urged both sides to jointly safeguard the international free trade system and the stability and smooth flow of global and regional industrial and supply chains. The two sides should engage in more activities that are conducive to enhancing friendship and encourage intensifying exchanges between the media, academia, sub-national levels, and especially the youth. More ROK citizens are welcome to visit China. Xi Jinping expressed the hope that the ROK side will introduce more measures to facilitate Chinese citizens' travels to the ROK. China congratulates and supports the ROK in taking over the role of APEC host next year and is ready to expand multilateral coordination and cooperation with the ROK.Yoon Suk Yeol said that exchanges and cooperation in various fields between the two sides have developed in an orderly manner since his meeting with President Xi Jinping two years ago in Bali. China is an important engine for world economic growth and a major contributor to addressing the challenges faced by the world. The ROK regards China as an important partner and hopes to advance the continuous development of the ROK-China strategic cooperative partnership based on the spirit of mutual respect and the original intention of establishing diplomatic relations, in order to better address common challenges and promote regional peace and stability. The ROK's commitment to respecting the one-China policy remains unchanged, and hopes to participate in China's modernization process and further strengthen economic and trade cooperation between the two countries. The ROK welcomes China's policy of granting visa-free entry to ROK citizens. The ROK is ready to work with China to promote closer people-to-people and cultural exchanges and enhance the friendship between the two peoples. The ROK is ready to enhance communication and cooperation with China within multilateral mechanisms such as APEC to jointly uphold multilateralism and free trade.Cai Qi and Wang Yi, among others, attended the meeting.

On the morning of November 15, 2024 local time, President Xi Jinping met with Thai Prime Minister Paetongtarn Shinawatra on the sidelines of the 31st APEC Economic Leaders' Meeting in Lima.Xi Jinping pointed out that China and Thailand are close and friendly neighbors, with the familial bond between the Chinese and the Thai people gaining renewed vitality. He recalled his visit to Thailand in November 2022, during which he reached important common understandings with Thai leaders on building a China-Thailand community with a shared future. He was delighted to see the outcomes of the visit being effectively implemented, with bilateral cooperation making positive progress across various fields and bringing tangible benefits to the two peoples.Xi Jinping noted that next year marks the 50th anniversary of the establishment of China-Thailand diplomatic relations and the “Golden Year of Friendship”. China is ready to work with Thailand to carry forward their traditional friendship, strengthen the synergy of development strategies, deepen exchanges on governance experience, coordinate and advance mutually beneficial cooperation in various fields, support the modernization drives of both countries, and push for greater progress in building a China-Thailand community with a shared future. The two sides should accelerate the construction of the China-Thailand Railway, expand cooperation in emerging fields such as new energy, digital economy and artificial intelligence, enhance cultural, educational, youth and other people-to-people exchanges, and organize such events as the enshrinement of the Buddha tooth relic in Thailand, to ensure that the China-Thailand friendship will be deeply rooted in the hearts of the two peoples and be passed on from generation to generation. China is ready to strengthen coordination and communication with Thailand within multilateral mechanisms such as the Lancang-Mekong Cooperation, ASEAN, BRICS, and APEC to safeguard the unity and cooperation of ASEAN and regional countries and make positive contributions to regional peace, stability, development and prosperity.Paetongtarn Shinawatra said that the world and the region are currently witnessing increasing and widespread turmoil. The series of global initiatives put forward by China are strategically forward-looking and conducive to strengthening solidarity and cooperation in the international community. She said, China is Thailand's good friend and good partner, and Thailand admires China's remarkable achievements in poverty alleviation and other areas. Thailand looks forward to taking the 50th anniversary of the establishment of diplomatic relations and the Golden 50-Year of Friendship between the two countries as an opportunity to enhance high-level exchanges with China, with a view to jointly charting an even brighter future for Thailand-China relations in the next 50 years. Thailand hopes to learn from China's successful development experience, continue to advance cooperation on the Belt and Road cooperation such as the Thailand-China Railway, strengthen people-to-people and cultural exchanges, and deepen traditional friendship. Thailand stands ready to strengthen collaboration with China within multilateral frameworks such as APEC and jointly safeguard the free trade system.Cai Qi and Wang Yi, among others, attended the meeting.

On the morning of November 15, 2024 local time, President Xi Jinping delivered a written speech entitled "Keeping Abreast of the Trend of the Times and Jointly Promoting Prosperity Around the World" at the APEC CEO Summit held in Lima.Xi Jinping pointed out that Asia-Pacific countries are deeply woven into the fabric of economic globalization. They are now an interdependent community with common interests and a shared future. On the other hand, the world is in a new period of turbulence and transformation. Economic globalization faces a grave challenge akin to sailing up a river - either forging ahead or drifting downstream. Where will the Asia-Pacific economy be going? It is a decision Asia-Pacific countries must make.Xi Jinping pointed out that economic globalization is an objective requirement of growing social productive forces and a natural outcome of advancement in science and technology. Despite headwinds and undertows, economic globalization has always been the general trend. The attempt to break up the interdependence of the world under all sorts of pretexts is nothing but backpedaling. Tougher times call for greater confidence. The Asia-Pacific should steer economic globalization in the right direction, join hands to promote a universally beneficial and inclusive economic globalization, and take economic globalization to a new phase that is more dynamic, inclusive and sustainable to the benefit of various countries and communities.First, the Asia-Pacific should take innovation as the driving force for stronger growth of the world economy. Advances in science and technology should benefit the entire humanity. The Asia-Pacific should help developing countries with their capacity building in science and technology and promote the global flow of knowledge and technologies.Second, the Asia-Pacific should keep pace with the times and reform the system of global economic governance. The Asia-Pacific should follow the principles of "plan together, build together and benefit together", continuously enhance the representation and voice of the Global South, and ensure that all countries enjoy equal rights, equal opportunities and equal rules in conducting international economic cooperation. The Asia-Pacific should push for an open world economic system, and keep the global industrial and supply chains stable and smooth.Third, the Asia-Pacific should always take the people-centered approach and seek to settle imbalances in development. Global prosperity and stability cannot be achieved when the rich get richer and the poor poorer. True development means the common development of all countries. The Asia-Pacific should pursue economic globalization that is people-centered and delivers more balanced development and more equal opportunities, so that different countries, classes and communities can all benefit from development.Xi Jinping stressed that over the past 30 years, Asia-Pacific economies have maintained robust growth and created the remarkable Asia-Pacific miracle. The success of the Asia-Pacific is due to its firm commitment to peace and stability in the region, to its continuous practices of true multilateralism and open regionalism, and to its deep faith in the trend toward economic globalization as well as mutual benefit and mutual success. The Asia-Pacific should remain the locomotive of economic globalization, stay on the right course and seek to break new ground at the same time. While further burnishing the Asia-Pacific hallmark of openness and inclusiveness, the Asia-Pacific should make new brand-building efforts to foster a green and digital Asia-Pacific, build an Asia-Pacific community with a shared future, and usher in another 30 golden years of development for the region.Xi Jinping pointed out that the Third Plenary Session of the 20th Central Committee of the Communist Party of China adopted a comprehensive plan for further deepening reform across the board to advance Chinese modernization. China will deepen reform comprehensively and continue to provide robust momentum for the world economy. China has full confidence in meeting the growth targets for this year and remaining the biggest engine of world economic growth. China will advance high-quality development, nurture new quality productive forces in line with actual conditions, advance high-quality Belt and Road cooperation, and continue to lead the efforts to improve the performance of the world economy. China will stay firmly on the path of green development and continue to be an important force for global green transition and an important part of the global effort to address climate change. China will build new, open and higher-standard economic systems, introduce more policies for voluntary and unilateral opening up, expand its globally-oriented network of high-standard free trade areas, and continue to share China's development opportunities with the world.Xi Jinping stressed, "China's development is inseparable from the Asia-Pacific, and it will in turn further benefit the region. As long as we act in the spirit of openness and connectivity, the vast Pacific will become a thoroughfare for more prosperity and growth. Let us enhance our solidarity and cooperation, stand up together to the global challenges, and form a mighty force for the common prosperity of the world and a brighter future for humanity."

On the morning of November 15, 2024 local time, President Xi Jinping met with Singaporean Prime Minister Lawrence Wong on the sidelines of the 31st APEC Economic Leaders' Meeting in Lima.Xi Jinping noted that China and Singapore are friendly neighbors and important cooperation partners. Under the careful nurturing of successive generations of leaders of the two countries, China-Singapore relations have kept growing, setting a good example of mutual benefit, win-win results and common development between countries. Last year, China-Singapore relations were upgraded to an all-round high-quality future-oriented partnership, which has charted the course for the future development of China-Singapore relations. At present, the two countries are in a critical period of national development, and next year will mark the 35th anniversary of the establishment of diplomatic relations between China and Singapore. The Chinese side is ready to work with the Singaporean side to keep to the general direction of China-Singapore friendship, intensify high-level exchanges, adhere to honesty and mutual trust, respect each other's core interests, continue to move forward hand in hand on the path of modernization, and start a new chapter of high-quality development.Xi Jinping emphasized that Singapore's participation in China's reform and opening-up process started early and has yielded fruitful results in a wide range of areas. Singapore is welcome to seize the new opportunities of China's development, continue to develop cooperation projects such as the China-Singapore Suzhou Industrial Park, the China-Singapore Tianjin Eco-City, the China-Singapore (Chongqing) Demonstration Initiative on Strategic Connectivity and the China-Singapore Guangzhou Knowledge City, further foster new growth drivers of cooperation in the fields of digital economy, green development and artificial intelligence, and continuously expand people-to-people and cultural exchanges. In the face of transformations unseen in a century in the world, China is willing to strengthen cooperation with Singapore in multilateral arenas such as the United Nations and APEC, and jointly advocate an equal and orderly multi-polar world and a universally beneficial and inclusive economic globalization.Lawrence Wong said that Singapore and China have maintained close high-level exchanges and strong development momentum of economic relations, and both sides have celebrated the 30th anniversary of the founding of the Suzhou Industrial Park. Singapore-China relations are based on mutual respect and trust, and feature mutual benefit and win-win results. Singapore fully understands the Chinese government's position on the Taiwan question, opposes any form of "Taiwan independence", and firmly abides by the one-China principle. Singapore has always been fully confident in the prospects of China's economic development and looks forward to continuing to further participate in China's modernization process. The Singaporean side is ready to take the opportunity of celebrating the 35th anniversary of the establishment of diplomatic relations between the two countries next year to open up a new chapter of an all-round high-quality future-oriented partnership. Singapore is willing to work closely with China in multilateral areas such as ASEAN and APEC, oppose protectionism, promote trade and investment facilitation and liberalization, and safeguard regional stability and development.Cai Qi and Wang Yi, among others, attended the meeting.

Written Speech by H.E. Xi JinpingPresident of the People's Republic of ChinaAt the APEC CEO SummitLima, November 15, 2024Representatives of the Business Community,Ladies and Gentlemen,Friends,I am very pleased to visit the beautiful city of Lima. It is truly heart-warming to set foot on this dynamic country again after eight years.Although China and Latin America are thousands of miles apart, we have carried forward our exchanges in spite of the vast Pacific Ocean. As early as in the second half of the 16th century, the China Ships, laden with silk and porcelain, reached the far coast of Latin America, starting friendly interactions between China and the region.Several hundred years later today, China and Latin America and the entire Asia-Pacific are deeply woven into the fabric of economic globalization. We are now an interdependent community with common interests and a shared future. On the other hand, the world is in a new period of turbulence and transformation. Unbridled unilateralism and protectionism and an increasingly fragmented world economy threaten to reverse the trend toward economic globalization. The grave challenge for us is like sailing up a river—we either forge ahead or drift downstream. Where will the Asia-Pacific economy be going? It is a decision we must make.Economic globalization is an objective requirement of growing social productive forces. It is a natural outcome of advancement in science and technology and a mighty historical trend. Despite headwinds and undertows, economic globalization has always been the general trend. The attempt to block economic cooperation under all sorts of pretexts and break up the interdependence of the world is nothing but backpedaling.Economic globalization is caught now in a tug of war between driving and obstructive forces, but the driving forces still prevail. New technological revolution and industrial transformation are getting more profound, and the world is moving faster to embrace a digital, green and smart economy. All this is building up powerful energy for further expedition of economic globalization down the road.We should steer economic globalization in the right direction. We must reject the beaten path that a few countries have taken to pursue dominance and hegemony. We should see to it that economic globalization generates more positive outcomes and is taken to a new phase that is more dynamic, inclusive and sustainable.Ladies and Gentlemen,Friends,Tougher times calls for greater confidence. We should join hands to promote a universally beneficial and inclusive economic globalization to the benefit of various countries and communities.First, we should take innovation as the driving force for stronger growth of the world economy. Innovation is the source of productivity. We should make full use of artificial intelligence and other emerging technologies to rev up the world economy and stimulate its growth with the current technological revolution. Advances in science and technology should benefit the entire humanity. We should help developing countries with their capacity building in science and technology and promote global flow of knowledge and technologies.Second, we should keep pace with the times and reform the system of global economic governance. We should follow the principles of "plan together, build together and benefit together" to ensure that the global economic governance system better reflects the new reality of the world economic map. The representation and voice of the Global South should be enhanced continuously, and all countries should be ensured of equal rights, equal opportunities and equal rules in conducting international economic cooperation. We should uphold the WTO-centered multilateral trading regime, push for an open world economic system, and keep the global industrial and supply chains stable and smooth.Third, we should always take the people-centered approach and seek to settle imbalances in development. Global prosperity and stability cannot be achieved when the rich get richer and the poor poorer. True development means common development of all countries. We should ensure people's well-being while seeking economic growth, and foster a development environment that is inclusive and beneficial for all. We should pursue economic globalization that is people-centered and delivers more balanced development and more equal opportunities, so that different countries, classes and communities can all benefit from development. China hopes that all parties will take an active part in the Global Development Initiative to help expedite the implementation of the 2030 Agenda for Sustainable Development and promote balanced and full development of all countries.Ladies and Gentlemen,Friends,APEC was born on the eve of the end of the Cold War when a new round of economic globalization was gradually emerging, and has since taken it as its mission to promote economic globalization. It has contributed immensely to boosting trade and investment liberalization and facilitation in the Asia-Pacific, economic mutual benefit between member economies, and the interests and well-being of the people in our region. Asia-Pacific economies have maintained robust growth and created the remarkable Asia-Pacific miracle.The success of the Asia-Pacific is due to our firm commitment to peace and stability in the region, to our continuous practices of true multilateralism and open regionalism, and to our deep faith in the trend toward economic globalization as well as mutual benefit and mutual success.The Asia-Pacific should remain the locomotive of economic globalization in the future. We should stay on the right course and seek to break new ground at the same time. While further burnishing the Asia-Pacific hallmark of openness and inclusiveness, we should make new brand-building efforts to foster a green and digital Asia-Pacific, build an Asia-Pacific community with a shared future, and usher in another 30 golden years of development for our region.Ladies and Gentlemen,Friends,Last July, the Communist Party of China held the Third Plenary Session of its 20th Central Committee, and adopted a comprehensive plan for further deepening reform across the board to advance Chinese modernization. More than 300 important reform measures were introduced at the meeting, and they will be fully implemented within five years. This will provide not only strong impetus for China's economic and social development, but also more opportunities for global development.—China will deepen reform comprehensively and continue to provide robust momentum for the world economy. China will build a high-standard socialist market economy, foster a fairer and more dynamic market environment, and make resource allocation as efficient and productive as possible. China is endeavoring to achieve breakthroughs in key areas such as reforming the fiscal and tax systems, building a unified national market and advancing new urbanization. It is taking targeted steps to boost consumption and increase domestic demand so as to improve the effectiveness of reforms. China has adopted a full range of major reform measures, which will give a vigorous boost to the rebounding and growth of the economy. We have full confidence in meeting the growth targets for this year and remaining the biggest engine of world economic growth.—China will advance high-quality development and continue to lead the efforts to improve the performance of the world economy. In the first half of this year, investment in China's high-tech manufacturing and service sectors achieved double-digit growth, and its economic structure and growth model improved steadily. China will continue to nurture new quality productive forces in line with actual conditions, promote deep integration of the real economy and digital economy, boost the service sector, further modernize infrastructure, and make industrial and supply chains more resilient. China is committed to high-quality Belt and Road cooperation, and will work with all participants to put in place a network of connectivity featuring integrated land-sea transportation and coordinated development.—China will stay firmly on the path of green development and continue to be an important force for global green transition. In recent years, the "green quotient" in China's social and economic development has continued to rise. China has become the first country around the world with "zero increase" in land degradation, and its newly-added area of afforestation accounts for a quarter of the global total. China is actively expanding new energy sectors and facilitating international cooperation on green mining. It has achieved one of the world's fastest rates of energy intensity reduction. In 2023 alone, China's wind and solar power products have helped other countries reduce about 810 million tons of carbon dioxide emissions, and enabled them to access clean, reliable and affordable energy. All this has been an important part of the global effort to address climate change.—China will build new, open and higher-standard economic systems and continue to share China's development opportunities with the world. Opening up is a defining feature of Chinese modernization. Since the start of this year, China has lifted all restrictions on foreign investment in manufacturing, and established for the first time a nationwide negative-list system for cross-border trade in services. We have taken systematic steps to further open the telecom, Internet, education, culture, medical service and other sectors. We have also taken the initiative to apply high international standards of economic and trade rules, including those in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the Digital Economy Partnership Agreement (DEPA), as part of our plan to steadily enhance institutional opening up. We have expanded the coverage of the 144-hour visa-free transit policy to facilitate inbound visits to China, and "Travel to China" is getting very popular around the world. Going forward, China will introduce more policies for voluntary and unilateral opening up, expand its globally-oriented network of high-standard free trade areas, and open its door even wider to the world.Ladies and Gentlemen,Friends,As an ancient Chinese scholar said, "When eating fruits, one should remember the tree; When drinking water, one should remember the source." China's development is inseparable from the Asia-Pacific, and it will in turn further benefit the region. As a Latin American proverb goes, "Just as a ship is powered by its sails, people are inspired by their hearts." I am pleased to learn that "From Chancay to Shanghai" has become a fashionable saying in Peru, an echo to the China Ships that arrived here over 500 years ago. This fully shows that as long as we act in the spirit of openness and connectivity, the vast Pacific will become a thoroughfare for more prosperity and growth. Let us enhance our solidarity and cooperation, stand up together to the global challenges, jointly build a community with a shared future for mankind, and form a mighty force for the common prosperity of the world and a brighter future for humanity.Thank you.

Remarks by H.E. Xi JinpingPresident of the People's Republic of ChinaAt the 31st APEC Economic Leaders' MeetingLima, November 16, 2024Your Excellency President Dina Boluarte,Colleagues,It is my great pleasure to visit the beautiful garden city of Lima again after eight years and join you in discussing Asia-Pacific cooperation. I wish to thank President Boluarte and the Peruvian government for the excellent organization of this meeting.Over the decades, APEC has been instrumental in leading Asia and the Pacific to great success in development, prosperity and connectivity, making the region the most dynamic economy and primary engine of global economic growth. The world today is gripped by accelerating transformation unseen in a century as well as anemic growth. The World Openness Index has been on the decline. Asia-Pacific cooperation is confronted with challenges such as rising tendencies of geopolitics, unilateralism and protectionism. At this historic crossroads, we Asia-Pacific countries carry greater responsibilities on our shoulders. We must act in solidarity and cooperation to meet the challenges, fully deliver on the Putrajaya Vision 2040, build an Asia-Pacific community with a shared future, and start a new era in Asia-Pacific development. To this end, I wish to propose the following.First, we need to build an open and interconnected paradigm for Asia-Pacific cooperation. We should stay committed to multilateralism and an open economy, firmly uphold the multilateral trading system with the World Trade Organization at its core, fully reactivate APEC's role as an incubator of global economic and trade rules, and advance regional economic integration and connectivity. We should tear down the walls impeding the flow of trade, investment, technology and services, uphold stable and smooth industrial and supply chains, and promote economic circulation in the region and the world. A Free Trade Area of the Asia-Pacific (FTAAP) is an ambitious vision for regional economic integration, and is critical for long-term development and prosperity of our region. Ten years ago, a historic decision to kick off the FTAAP process was taken at the APEC Economic Leaders' Meeting in Beijing. Today, we will adopt a new document to guide this process. I believe that this will give new impetus to our efforts toward an open Asia-Pacific economy.Opening up is a distinct hallmark of Chinese modernization. China always promotes reform through opening up. We voluntarily subscribe to high-standard international economic and trade rules, adopt proactive measures for further opening up, and take systematic steps to further open the telecom, Internet, education, culture, medical service and other sectors. We continue to implement the Regional Comprehensive Economic Partnership (RCEP) against high standards. We are also working actively to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the Digital Economy Partnership Agreement (DEPA). We have just signed a protocol to upgrade the free trade agreement with Peru, and have substantially concluded negotiations with ASEAN to upgrade to free trade area 3.0. Together with the relevant parties, we will seek to discuss trade agreements in digital and green areas, and steadily expand the globally-oriented network of high-standard free trade areas.Second, we need to make green innovation a catalyst for the Asia-Pacific. We need to firmly seize the opportunities presented by the new round of sci-tech revolution and industrial transformation, and strengthen exchanges and cooperation in artificial intelligence (AI), quantum information, life and health, and other frontier areas. We need to foster an open, fair, just and nondiscriminatory ecosystem for innovation, and promote a leapfrog development of productive forces across our region. To build a clean and beautiful Asia-Pacific, we should prioritize ecological protection, promote resources conservation and their efficient use as well as green and low-carbon development, and engineer an all-round green transition in economic and social development. We need to push forward coordinated digital and green transformation and development to create new momentum and new drivers for Asia-Pacific development.China is developing new quality productive forces in light of actual conditions and deepening cooperation with interested parties on green innovation. China will launch a Global Cross-Border Data Flow Cooperation Initiative, and seek deeper cooperation with other parties to promote efficient, convenient and secure cross-border data flows. China has put forward initiatives in the APEC framework concerning, among others, the application of digital bill of lading, capacity building on green supply chains, exchanges and dialogue on approaches to AI, and the digitalization of food supply chains, with a view to contributing to high-quality development of the Asia-Pacific.Third, we need to uphold a universally beneficial and inclusive vision for Asia-Pacific development. We should make good use of the APEC platform to strengthen economic and technical cooperation. We should increase support for developing economies and disadvantaged groups, and work together to grow the pie and distribute it equitably to allow more economies and people to benefit from development. This year, Peru has been actively promoting cooperation on the transition from the informal economy to the formal and global economy. China welcomes this effort which dovetails with our development philosophy of putting people first, promoting social fairness and justice and improving the people's well-being. China will advance initiatives through the APEC platform on increasing residents' income and promoting the industrial cluster development of small- and medium-sized enterprises, for the purpose of bringing about universally beneficial and inclusive development of Asia-Pacific economies.China will host APEC 2026. We look forward to working with all parties to deepen Asia-Pacific cooperation to the benefit of the peoples in the region.Colleagues,Reform and opening up is a historic process in which China and the world achieve development and progress together. A few months ago, the 20th Central Committee of the Communist Party of China, at its third plenum, laid out systematic plans for further deepening reform across the board to advance Chinese modernization. More than 300 consequential reform measures were unveiled pertaining to building a high-standard socialist market economy, advancing high-quality economic development, promoting high-standard opening up, improving the people's quality of life, and building a beautiful country. China's further development will provide new opportunities for the Asia-Pacific region and the world at large.An ancient Chinese sage observed, "A man of virtue, while establishing himself and pursuing success, also works to help others establish themselves and succeed." There is a similar saying in Latin America which goes, "The only way to be profitably national is to be generously universal." China welcomes all parties to continue riding the "express train" of its development and grow together with the Chinese economy so that we can all contribute to the modernization of all countries featuring peaceful development, mutually beneficial cooperation and common prosperity.Thank you.