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Hu's APEC attendance helps boost integrity, innovation, development, prosperity: FM

(Xinhua)

08:24, September 10, 2012

Chinese President Hu Jintao attends the second-phase meeting of the 20th APEC Economic Leaders' Meeting in Vladivostok, east Russia, Sept. 9, 2012. (Xinhua/Xie Huanchi)

VLADIVOSTOK, Sept. 9 (Xinhua) -- Chinese President Hu Jintao's attendance at APEC's 20th informal economic leaders' meeting has achieved a complete success by helping strengthen regional economic integrity, technological innovation, development and prosperity, Foreign Minister Yang Jiechi said Sunday.

The world economy was recovering slowly and there were still some destabilizing factors and uncertainties, Yang, who had accompanied Hu during the trip, said.

Asia Pacific, on the whole, maintained sound momentum of growth, but the region should not overlook the impact brought about by the grave challenges facing the global economy, he added.

Yang said that under the theme of "Integrate to Grow, Innovate to Prosper," President Hu discussed with leaders of other APEC members trade and investment liberalization, regional economic integration, food security as well as cooperation in fostering innovative growth.

During the event, President Hu delivered key-note speeches, fully expounding on China's positions and proposals.

Besides, he extensively contacted economic leaders and people from all walks of life, exchanging in-depth views on regional situation, as well as cooperation and future development within the framework of APEC.

Hu's attendance has mainly yielded fruit in the following five aspects, Yang said.

First, he elaborated on proposals in boosting Asia-Pacific economic development.

Hu stressed that under the current circumstances, to ensure growth, promote stability and pursue development remains the top priority of members of the region.

Hu called on all parties to deepen reform, opening up and cooperation and pursue common development in a spirit of unity and win-win cooperation to advance the process of building a global economic governance mechanism, build a fair, just, inclusive and well-managed international economic structure, accelerate the shift of the growth model, and adjust the economic structure, and strive for comprehensive, coordinated and sustainable economic growth.

Hu said all parties should remain committed to opening-up, resolutely oppose protectionism in all manifestations, push forward the Doha Round negotiations, and jointly foster a free, open and fair international trading environment and establish a new type of global development partnership that is more equal and balanced to enable all people to benefit from economic globalization and growth.

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