2015年CRI President Xi Calls for Closer Regional Integration in APEC CEO Summit

 

In his keynote speech, President Xi Jinping first reviewed the world economy, saying that it may take a long time for the global economy to regain¹ complete health.

As such, Xi Jinping called for the Asia-Pacific area to initiate² reform and innovation.

"We must push ahead with reform and renovation³. Addressing underlying⁴ problems in the world economy, carrying out the monetary⁵ stimulus⁶ policies alone is not enough. We must make greater efforts in promoting the economic structural⁷ reform and make the supply system better adapted to the changing demand structure. The Asia-Pacific region should go ahead in the world, in that aspect."

The latest statistics suggest growth among the 21 APEC economies has softened⁸ to 3.1 percent in the second quarter of this year, down 0.3 percent from a year ago.

That is one of the reasons why the APEC leaders have gathered in Manila on Thursday to address their common challenges under the theme of "Building Inclusive Economies, Building a Better World."

Meanwhile, President Xi Jinping reassured⁹ global business leaders that China's economy is proving resilient despite strong downward pressure.

"Overall, the enduring, positive trend of China's economic development has not changed. The characteristics of the economy being resident, full of potential, with ample room for maneuvering¹⁰ have not changed. The fundamentals and conditions supporting the continuing growth of the Chinese economy have not changed."

His words come as the world's second largest economy has reported a 6.9 percent GDP growth in the third quarter of this year. This is the lowest since the 2nd quarter of 2009.

As China undergoes economic transition, President Xi says Beijing is planning to ease restrictions¹¹ for foreign investors¹² as one of the key financial reform measures.

"We will step up reforms of the foreign investors management system, substantially cut restrictions on market access for foreign investment, improve intellectual property rights protection, and foster an open, transparent¹³, fair and highly efficient market environment."

At the same time, President Xi Jinping has urged APEC members to push forward the process of setting up an Asia-Pacific Free Trade Area, or known as FTAAP.

Last November, APEC members reached consensus¹⁴ on a roadmap to launch the study into the FTAAP during the 2014 APEC Leaders' Summit in Beijing.

This was seen as a historic step for APEC members to boost the openness of the Asia-Pacific economy and safeguard multilateral trade systems.

The Chinese President says nothing should be allowed to disrupt the development of the Asia-Pacific region and each member needs to resolve their differences through dialogue and consultation¹⁵.

For CRI, I am Wang Mengzhen.

1 regain   

vt.重新获得，收复，恢复

参考例句：

• He is making a bid to regain his World No.1 ranking.他正为重登世界排名第一位而努力。
• The government is desperate to regain credibility with the public.政府急于重新获取公众的信任。

2 initiate   

vt.开始，创始，发动；启蒙，使入门；引入

参考例句：

• A language teacher should initiate pupils into the elements of grammar.语言老师应该把基本语法教给学生。
• They wanted to initiate a discussion on economics.他们想启动一次经济学讨论。

3 renovation   

n.革新，整修

参考例句：

• The cinema will reopen next week after the renovation.电影院修缮后，将于下星期开业。
• The building has undergone major renovation.这座大楼已进行大整修。

4 underlying   

adj.在下面的，含蓄的，潜在的

参考例句：

• The underlying theme of the novel is very serious.小说隐含的主题是十分严肃的。
• This word has its underlying meaning.这个单词有它潜在的含义。

5 monetary   

adj.货币的，钱的；通货的；金融的；财政的

参考例句：

• The monetary system of some countries used to be based on gold.过去有些国家的货币制度是金本位制的。
• Education in the wilderness is not a matter of monetary means.荒凉地区的教育不是钱财问题。

6 stimulus   

n.刺激，刺激物，促进因素，引起兴奋的事物

参考例句：

• Regard each failure as a stimulus to further efforts.把每次失利看成对进一步努力的激励。
• Light is a stimulus to growth in plants.光是促进植物生长的一个因素。

7 structural   

adj.构造的，组织的，建筑（用）的

参考例句：

• The storm caused no structural damage.风暴没有造成建筑结构方面的破坏。
• The North American continent is made up of three great structural entities.北美大陆是由三个构造单元组成的。

8 softened   

（使）变软( soften的过去式和过去分词 )； 缓解打击； 缓和； 安慰

参考例句：

• His smile softened slightly. 他的微笑稍柔和了些。
• The ice cream softened and began to melt. 冰淇淋开始变软并开始融化。

9 reassured   

adj.使消除疑虑的；使放心的v.再保证，恢复信心( reassure的过去式和过去分词)

参考例句：

• The captain's confidence during the storm reassured the passengers. 在风暴中船长的信念使旅客们恢复了信心。 来自《现代英汉综合大词典》
• The doctor reassured the old lady. 医生叫那位老妇人放心。 来自《简明英汉词典》

10 maneuvering   

v.移动，用策略( maneuver的现在分词 )；操纵

参考例句：

• This Manstein did, with some brilliant maneuvering under the worse winter conditions. 曼施坦因在最恶劣的严冬条件下，出色地施展了灵活机动的战术，终于完成了任务。 来自辞典例句
• In short, large goals required farsighted policies, not tactical maneuvering. 一句话，大的目标需要有高瞻远瞩的政策，玩弄策略是不行的。 来自辞典例句

11 restrictions   

约束( restriction的名词复数 )； 管制； 制约因素； 带限制性的条件（或规则）

参考例句：

• I found the restrictions irksome. 我对那些限制感到很烦。
• a snaggle of restrictions 杂乱无章的种种限制

12 investors   

n.投资者，出资者( investor的名词复数 )

参考例句：

• a con man who bilked investors out of millions of dollars 诈取投资者几百万元的骗子
• a cash bonanza for investors 投资者的赚钱机会

13 transparent   

adj.明显的，无疑的；透明的

参考例句：

• The water is so transparent that we can see the fishes swimming.水清澈透明，可以看到鱼儿游来游去。
• The window glass is transparent.窗玻璃是透明的。

14 consensus   

n.(意见等的)一致，一致同意，共识

参考例句：

• Can we reach a consensus on this issue?我们能在这个问题上取得一致意见吗？
• What is the consensus of opinion at the afternoon meeting?下午会议上一致的意见是什么？

15 consultation   

n.咨询；商量；商议；会议

参考例句：

• The company has promised wide consultation on its expansion plans.该公司允诺就其扩展计划广泛征求意见。
• The scheme was developed in close consultation with the local community.该计划是在同当地社区密切磋商中逐渐形成的。