2016年CRI Xi promotes Asia-Pacific FTA at APEC summit

 

During a keynote speech, President Xi Jinping called for concerted efforts to advance the construction of the Free Trade Area of the Asia-Pacific (FTAAP), noting that it is a strategic choice concerning the long-term prosperity of the region.

The Chinese leader said the move will provide an institutional guarantee for fostering an open regional economy while underlining the need to safeguard a multilateral trade system.

Meanwhile, Xi Jinping advised against closed and exclusive regional trade arrangements, saying that those are not correct choices.

The president noted¹ any regional trade arrangement must be open, inclusive, and benefit all sides, if it is to gain popular support.

"We need a regional cooperation framework that features equal consultation², joint³ participation⁴, and shared benefits. Closed and inclusive arrangements are not the right choice. Building a free trade area of the Asia-Pacific is a strategic initiative critical for the long-term prosperity of the Asia-Pacific and it is regarded by the business community as the 'APEC dream'. We should firmly pursue FTAAP as an institutional mechanism⁵ for ensuring an open economy in the Asia-Pacific."

APEC brings together leaders whose economies represent 57 percent of global gross domestic product.

In his speech, Xi Jinping reaffirmed that globalization has for the most part served the interests of all parties and joint efforts are needed in addressing new issues in the process.

"We should commit ourselves to building a community with a shared future. And that should oblige us to come closer together rather than growing apart. We should continue deepening and expanding the cooperation in our region. We need to build a common platform, establish common rules and share the results of our development. Any attempt to exclude any of us must be rejected."

The Chinese leader stressed the need to solve the problems of unfairness and injustice⁶ and make the globalization process more vigorous, inclusive and sustainable.

The president said globalization measures had to be focused on the reduction of poverty and improving pthe quality of people's lives.

Xi Jinping went on to say that the proposed free trade area that encompasses⁷ all 21 APEC members could contribute to that goal.

At the same time, the leader of the world's second largest economy promised his country will provide a more open, relaxed and transparent⁸ investment environment for foreign businesses and deeply engage in the economic globalization process.

To realize that, Xi Jinping said China will further ease the access of foreign investment to its market and create more favorable conditions for foreign businesses to share the opportunities brought by its development.

"We are going to give greater access to foreign investment and we are going to continue establishing high standards, pilot zones for free trade in China. We are going to create an environment in line with international standards. We are going to guarantee the existence of an equal playing field for all businesses in China, both domestic and foreign ones."

Since the global financial crisis, China has contributed to 40 percent of global growth.

Statistics show more than 700 million Chinese tourists are expected to fan out across the globe in the coming years, while the country continues to invest billions abroad.

1 noted   

adj.著名的，知名的

参考例句：

• The local hotel is noted for its good table.当地的那家酒店以餐食精美而著称。
• Jim is noted for arriving late for work.吉姆上班迟到出了名。

2 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。

3 joint   

adj.联合的，共同的；n.关节，接合处；v.连接，贴合

参考例句：

• I had a bad fall,which put my shoulder out of joint.我重重地摔了一跤，肩膀脫臼了。
• We wrote a letter in joint names.我们联名写了封信。

4 participation   

n.参与，参加，分享

参考例句：

• Some of the magic tricks called for audience participation.有些魔术要求有观众的参与。
• The scheme aims to encourage increased participation in sporting activities.这个方案旨在鼓励大众更多地参与体育活动。

5 mechanism   

n.机械装置；机构，结构

参考例句：

• The bones and muscles are parts of the mechanism of the body.骨骼和肌肉是人体的组成部件。
• The mechanism of the machine is very complicated.这台机器的结构是非常复杂的。

6 injustice   

n.非正义，不公正，不公平，侵犯（别人的）权利

参考例句：

• They complained of injustice in the way they had been treated.他们抱怨受到不公平的对待。
• All his life he has been struggling against injustice.他一生都在与不公正现象作斗争。

7 encompasses   

v.围绕( encompass的第三人称单数 )；包围；包含；包括

参考例句：

• The job encompasses a wide range of responsibilities. 这项工作涉及的职责范围很广。
• Its conservation law encompasses both its magnitude and its direction. 它的守恒定律包括大小和方向两方面。 来自辞典例句

8 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。