Thursday, November 19, 2015

XI Jinping Asia investment banking is expected before the end of its variant

XI Jinping: Asia investment banking is expected before the end of its variant reserves have already started

Photo Source: Xinhua

23rd APEC economic leaders ' meeting held in Manila, Philippines, 19th. President XI Jinping attended and published, entitled the deepening of partnerships to promote Asia-Pacific prosperity for his important statement. Full text is as follows:

Deepening partnerships to promote Asia-Pacific prosperity

--23rd in APEC leaders ' informal meeting of the first session of speech

(November 19, 2015, Manila)

People's Republic of China President XI

Mr President, the Central deep restructuring of the Conference the

Dear colleagues,

In November last year, we gathered in Beijing, and draw a blueprint for the Asia-Pacific development. After one year, we come together again, goal is still to deepen cooperation in the Asia-Pacific to promote common development of the Asia-Pacific. In preparation for the informal meeting of APEC leaders in the Philippines doing a lot of work, and we are grateful for this.

Two days before the Group of 20 leaders gather in Antalya, together with the pulse of the world economy. It was widely felt that, the world economy still has many uncertainties, but we have reason for confidence in the future.

Asia-Pacific is the world in miniature. Trend of weakness, weak demand in the world economy recovery, differentiation of the situation, the Asia-Pacific economic growth without a sound foundation, old and new challenges such as power conversion, structural adjustment is not complete, but Asia-Pacific is still pulling the locomotive of the world economy. We should focus on the current situation and the future, using this important platform of APEC, advancing win-win cooperation, Asia-Pacific continues to lead global growth.

--We need to focus on the long term, improving Asia-Pacific strategy for medium-and long-term cooperation framework. Chinese ancient sages said, "has no State, there is no thing. "People can't do without ideal, cooperation cannot be a lack of direction. Asia-Pacific cooperation oriented to the future, future, plan big, shaping the pattern.

One time in the past, we have made efforts in this direction. Last year, we launched the Asia-Pacific free trade zone process, developing blueprints for interconnection. This year, we continue to develop a strategic framework and action plan in many areas. We want to maintain cooperation strategic, forward-looking and progressive nature of priority objectives, initiatives, timetables. China submitted to the meeting a progress report on the implementation of the outcome of the Beijing Conference, we want each Member to implement the consensus reached by the leaders at the priority of the work.

--We need to reform and innovation, and find a new engine of growth for the Asia-Pacific economic. At present, the face of the new situation and new challenges, only two hands together with the reform and innovation in order to twist the valve, releasing a powerful driving force of the Asia-Pacific economic.

We want to promote transformation of development mode and economic restructuring. To accelerate the pace of innovation, economy is the water of the River up stream flowing. China is in favour of the development and implementation of the cooperation framework for the services sector, supporting small and micro businesses in the global market. We have to implement the blueprint for global value chain development cooperation strategy, enhance economic growth value. Urbanization and the Internet economy, blue economy are potential areas of cooperation, expand and deepen cooperation, positive performance, to create new economic growth points. I would like to announce that China will next year host the first urbanization of APEC Forum, to set up exchanges and cooperation platform of urbanization in the Asia-Pacific cooperation.

--We need to promote the integration, build an open Asia-Pacific economy. APEC should play a leading and coordinating role, strengthening the mechanism for Exchange of information on regional trade agreements, promoting the coordinated development of regional trade agreements, build institutional platform for Asia-Pacific's open economy.

We want to speed up the process completed as soon as possible Asia-Pacific free trade area. To complete joint research, draw conclusions and recommendations of the long-term interests of all parties, sound ready for the carried over to the next phase of its work. Parties in the process of regional trade agreements, to maintain the open and inclusive and seek win-win cooperation, uphold the multilateral trading system. We will continue to provide strong guidance for the completion of the Doha Round negotiations, the tenth ministerial meeting of the World Trade Organization to strike a balance, meaningful, consistent with results of development connotation.

--We want to take action to turn consensus into results. "See if not know, don't know if the line of. "Blueprint for the interconnection of the Beijing Conference, to deal with Asia-Pacific development bottleneck problem has very important significance, we will continue to vigorously promote. Asia's infrastructure investment is an important platform for regional interconnection, China and relevant countries are stepping up their preparation, the Bank will be formally established by the end of this year, variant reserves work has started. China proposes Silk Road economic belt and the 21st century Silk Road on the sea is steadily advancing, the parties have established priority areas of cooperation with a focus on Economic Corridor, the Silk Road project funds operations have been launched.

China is ready to continue to contribute to APEC's capacity building. Last year, China announced that it would contribute $ 10 million to APEC and for developing members to provide 1500 training places. At present, the Chinese side had provided $ 2.8 million, thousands of training completed.

In the Asia-Pacific and the world closer together, increasing integration of interests under the new situation, strengthening APEC's cooperation with other international mechanisms is important. Last year, China host the APEC leaders ' meeting with leaders of the Group of 20 Summit host Australia in full coordination implements two mechanisms together. Next year, China and Peru, respectively, the Group of 20 Summit and the APEC leaders ' informal meeting of the host country. We wish to cooperate with Peru and enhance collaboration, ensure the success of these important meetings.

My colleagues!

The future belongs to the family of each Member of the Asia-Pacific. Last year, we initiated in Beijing, tolerance, cooperation, mutual trust and win-win, establishes the guiding principles of the Asia-Pacific partnership. This is a summary of past cooperation and solemn commitment to future cooperation, is of great significance.

China will deepen its mutually beneficial cooperation with Asia-Pacific countries and interconnection, maintaining peace and stable development environment. China has proposed a "Thirteen-Five" planning proposal, we will vigorously promote the development of innovation and harmonious development of open, green development, growth and shared development. China has the determination, confidence and ability to promote the sustained and healthy development of the economy, creating more opportunities for Asia-Pacific, bring more well-being.

Thank you very much.

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