2016年CRI Chinese President's speech at 2016 APEC CEO Summit highly appreciated around the world

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Former Peruvian President Alejandro Toledo said Xi Jinping's speech on China's sustainable and green development strategy impressed him.

"A vision, but at the same time, high doses of realism. He wants to leave for the future generations a China that is not contaminated; that is not polluted; that is green, and a China that is part of the world."

The Chinese President said the country will enhance its opening up process to improve outcomes domestically and for China's trade partners, and push for innovation-driven green development while replacing old economic growth drivers with new ones.

He also urged cooperation far and wide, including among APEC members, to achieve interconnected development and forge strong partnerships¹.

Ian McKay, CEO of the Vancouver Economic Commission, said that President Xi's presence on stage was very reassuring².

"I think with China's emerging role as the world's second largest and fastest growing economy, it's very reassuring to an audience like this to see his presence on the stage and the manner in which he speaks. He has a very powerful, at the same time calming presence to the audience, which I think is very important."

Robert Moritz, the global chairman of PricewaterhouseCoopers, said the message delivered from the speech adds momentum³ to the global economy.

"Clearly the message the president was trying to send was one of the openness and inclusiveness, to make sure that China plays an important role in the global economy, and to continue the trend of globalization. I think it's an important message for the 21 economies coming here at APEC to actually hear and more importantly to act on once they leave."

President Xi also stressed in the speech that economic globalization should be in keeping with the law of economics and deliver benefits to all.

Stewart Beck, President and CEO of the Asia Pacific Foundation of Canada, expressed expectations that China's essential role in rule-making will promote world economic growth and prevent a retreat from globalization.

"I think a lot of what dictates⁴ growth is regulation. So I think the leaders need to take a look at what we have in terms of their own regulatory environments to encourage and stimulate⁵. So if you encourage that, create an enabling environment to allow that type of growth to happen, then that's how, I think, you give a boost to the economy."

In view of threats triggered by rising trade protectionism, the Chinese President has renewed his call for pushing forward the building of a Free Trade Area of the Asia-Pacific, or FTAAP, which he regarded as an institution for ensuring an open economy.

For CRI, I'm Xie Cheng.