November 16, 2024

Chinese President Xi Jinping on Friday called for efforts to steer economic globalization in the right direction, jointly promoting a universally beneficial and inclusive economic globalization to the benefit of various countries and communities.

In a written speech addressing the APEC CEO Summit 2024, Xi said the entire Asia-Pacific is deeply woven into the fabric of economic globalization, and is 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, said Xi, warning that the grave challenge of economic globalization is like sailing up a river -- we either forge ahead or drift downstream.

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