On the morning of November 16, 2024 local time, the 31st APEC Economic Leaders' Meeting was held at the Lima Convention Center in Peru. President Xi Jinping attended the meeting and delivered important remarks entitled "Shouldering Responsibility to Our Times And Jointly Promoting Asia-Pacific Development".

Xi Jinping was warmly greeted by President Dina Boluarte upon his arrival at the venue.

In his remarks, Xi Jinping pointed out that over the decades, APEC has been instrumental in leading Asia and the Pacific to great success in development, prosperity and connectivity, making the region the most dynamic economy and primary engine of global economic growth. The world today is gripped by accelerating transformation unseen in a century, and Asia-Pacific cooperation is confronted with challenges such as rising tendencies of geopolitics, unilateralism and protectionism. At this historic crossroads, Asia-Pacific countries must act in solidarity and cooperation to meet the challenges, build an Asia-Pacific community with a shared future, and start a new era in Asia-Pacific development.

Xi Jinping put forward three proposals.

First, Asia-Pacific countries need to build an open and interconnected paradigm for Asia-Pacific cooperation. Asia-Pacific countries should stay committed to multilateralism and an open economy, firmly uphold the multilateral trading system with the World Trade Organization at its core, advance regional economic integration and connectivity, and uphold stable and smooth industrial and supply chains. "Today, we will adopt a new document to guide this process. I believe that this will give new impetus to our efforts toward an open Asia-Pacific economy." China always promotes reform through opening up, voluntarily subscribes to high-standard international economic and trade rules, and adopts proactive measures for further opening up. Together with the relevant parties, China will seek to discuss trade agreements in digital and green areas, and steadily expand the globally-oriented network of high-standard free trade areas.

Second, Asia-Pacific countries need to make green innovation a catalyst for the Asia-Pacific. Asia-Pacific countries need to seize the opportunities presented by the new round of sci-tech revolution and industrial transformation, and strengthen exchanges and cooperation in artificial intelligence, quantum information, life and health, and other frontier areas. Asia-Pacific countries need to foster an open, fair, just and nondiscriminatory ecosystem for innovation, and promote a leapfrog development of productive forces across the region. Asia-Pacific countries should prioritize ecological protection, promote resources conservation and their efficient use as well as green and low-carbon development, and push forward coordinated digital and green transformation and development to create new momentum and new drivers for Asia-Pacific development. China is developing new quality productive forces in light of actual conditions and deepening cooperation with interested parties on green innovation. China will launch a Global Cross-Border Data Flow Cooperation Initiative, and work with other parties to promote efficient, convenient and secure cross-border data flows, with a view to contributing to high-quality development of the Asia-Pacific.

Third, Asia-Pacific countries need to uphold a universally beneficial and inclusive vision for Asia-Pacific development. Asia-Pacific countries should strengthen economic and technical cooperation, increase support for developing economies and disadvantaged groups, and work together to grow the pie and distribute it equitably to allow more economies and people to benefit from development. China will advance initiatives through the APEC platform on increasing residents' income and promoting the industrial cluster development of small- and medium-sized enterprises, for the purpose of bringing about universally beneficial and inclusive development of Asia-Pacific economies. China will host APEC 2026. China looks forward to working with all parties to deepen Asia-Pacific cooperation to the benefit of the peoples in the region.

Xi Jinping emphasized that reform and opening up is a historic process in which China and the world achieve development and progress together. At the third plenum of the 20th Central Committee of the Communist Party of China, more than 300 consequential reform measures were unveiled, laying out systematic plans pertaining to building a high-standard socialist market economy, advancing high-quality economic development, promoting high-standard opening up, improving the people's quality of life, and building a beautiful country. China's further development will provide new opportunities for the Asia-Pacific region and the world at large. China welcomes all parties to continue riding the "express train" of its development to contribute to the modernization of all countries featuring peaceful development, mutually beneficial cooperation and common prosperity.

Themed "Empower, Include, Grow", the meeting was chaired by Peruvian President Dina Boluarte.

The meeting issued three outcome documents, namely, 2024 APEC Leaders' Machu Picchu Declaration, Ichma Statement on A New Look at the Free Trade Area of the Asia-Pacific Agenda, and Lima Roadmap to Promote the Transition to the Formal and Global Economies.

On the evening of November 15, Xi Jinping attended the welcome banquet for the APEC Economic Leaders' Meeting.

Wang Yi attended the above events.