Chinese President Xi Jinping emphasizes that openness is a critical lifeline for cooperation in the Asia-Pacific region, especially as the region prepares for the 32nd Asia-Pacific Economic Cooperation (APEC) Leaders’ Meeting in Gyeongju, South Korea. As tensions rise and uncertainty looms globally, Xi’s call for openness is rooted in a historical understanding of the consequences of closed systems versus open collaboration.
### The Historical Context of Openness in the Asia-Pacific
Xi points out that the Asia-Pacific region has transformed significantly since the end of the Cold War, moving away from an era of divisions and conflicts toward unprecedented modernization and economic growth. The inception of APEC coincided with this pivotal moment, providing a platform for nations to unify under the principles of open cooperation. Trade within the APEC region surged dramatically, from $3.1 trillion in 1989 to approximately $30 trillion by 2022. This establishes the Asia-Pacific as a major contributor to the world economy, accounting for over 60% of global GDP and nearly half of all worldwide trade.
The remarkable gains in regional prosperity—such as quadrupled per capita income and the lifting of a billion people out of poverty—underscore the positive effects of collective openness. Xi warns, however, that historical rivalries and conflicts should serve as lessons. The failures of protectionist policies and closed-off approaches only lead to setbacks, reaffirming that open development remains the most effective strategy for growth and cooperation.
### Current Challenges and the Need for Openness
With rising unilateralism and protectionism dampening regional development, Xi reiterates the need for a global economy based on openness. This sentiment resonates strongly among regional leaders, with support pouring in from countries like New Zealand, Singapore, and Australia, all expressing a commitment to multilateralism and the upholding of international trade norms. Current trade statistics illustrate this commitment; for instance, trade between China and the Association of Southeast Asian Nations (ASEAN) reached 5.57 trillion yuan ($785 billion) in the first three quarters of the year, a notable increase.
A recent pivotal agreement, the China-ASEAN Free Trade Area 3.0 Upgrade Protocol, marks a significant stride toward enhanced regional cooperation. This initiative not only fortifies the trading relationship between China and ASEAN but also serves as a model for how cooperation can flourish even amidst global uncertainties.
### The Forward-Looking Perspective
Xi advocates that the Asia-Pacific’s dedication to openness must be understood within the context of globalization and shared prosperity. He metaphorically describes openness as a river that flows toward the sea; despite potential obstacles, its ultimate path cannot be impeded. Innovation emerges as a vital driver for sustainability and growth, with green development being a primary focus. China’s commitment to green industries lends support to global aspirations for sustainable practices and partnerships, achieving a vital balance between economic growth and environmental responsibilities.
A governance consensus supporting open markets is also strengthening in the Asia-Pacific, aligning with the necessity for multilateral trade agreements that benefit all participating nations. These are essential elements in sustaining the region’s economic health and addressing global challenges effectively.
### A Commitment to A Foreseeable Future
The upcoming APEC Leaders’ Meeting is themed “Building a Sustainable Tomorrow: Connect, Innovate, and Prosper.” This theme encapsulates the essence of Xi’s message regarding continued collaboration and openness as paths toward a brighter future. The goal is to reaffirm the region’s commitment to a shared vision of peace and prosperity, aiming to enhance mutual success through collective action. Xi emphasizes that the foundation for the Asia-Pacific’s success has been rooted in cooperation, stability, and a unified approach to the challenges of globalization.
In conclusion, Xi Jinping’s assertion that “openness is the lifeline of Asia-Pacific cooperation” resonates as a crucial reminder of the path forward for nations in the region. By focusing on collaborative growth and a commitment to multilateralism, the Asia-Pacific can navigate its uncertainties and foster an environment in which all countries can thrive. As history has shown, only through open channels of dialogue and trade can nations build a resilient and prosperous future. The upcoming APEC Leaders’ Meeting will undoubtedly serve as a vital platform for reinforcing this commitment and exploring new avenues for cooperation that benefit the region and the world at large.
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