China | Beijing reaffirms commitment to open and shared growth in the Asia-Pacific region - video Dailymotion

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During the APEC economic leaders' summit in South Korea, China reaffirmed its commitment to multilateralism and technological innovation in the Asia-Pacific region. teleSUR  Details: Bruno Falci, teleSUR Correspondent

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00:00And during the APEC Economic Leaders Summit in South Korea,

00:04China reaffirmed its commitment to multilateralism and technological innovation in the Asia-Pacific region.

00:09In his regard, President Xi Jinping seeks to strengthen regional integration and sustainable development

00:14amid growing fragmentation and unilateralism.

00:18A correspondent in Beijing, Bruno Falsi, with the report.

00:21Greetings, colleagues of Telesur.

00:23I'm reporting from Beijing to bring you the news that during the APEC Economic Leaders Summit in South Korea,

00:32China reaffirmed its commitment to open and share growth in the Asia-Pacific region.

00:40Professor Liu Baicheng from the University of International Business and Economics,

00:46who accompanied the Chinese delegation, highlighted that the President Xi Jinping

00:52emphasized regional integration, multilateralism, technological innovation, and sustainable green development.

01:02He gave us an exclusive interview that you see as follows.

01:07President Xi reiterated the importance of integration and connectivity

01:14against the backdrop of growing fragmentation and unilateralism.

01:21So therefore, for Asian Pacific to continue to maintain the momentum of further growth,

01:28first, we need to enhance the trust level of each of the economies

01:35so that we'll be able to formulate certain values and rules that can be shared among all the stakeholders.

01:47Liu Baicheng highlighted that China supports small and medium enterprise and regional commerce,

01:55as well as promoting and technological training for young people and women.

02:00The multilateralism is being now endangered, particularly as WTO is getting more of an impulse, if not paralyzed.

02:12And now regional integration is taking its place, at least to be able to compensate some of the deficiencies

02:20of the bigger multilateral trading system.

02:24And now within IPEC, there is a strong need for us to really to come down to a rule-based operation in which all businesses

02:37can really be able to make a rational decision based on a stabilized and predictable business environment.

02:46The professor concluded that China's leadership is key to consolidate the Asia-Pacific region as a space for cooperation and shared prosperity.

02:59With this news, we return to the studios in La Habana, Cuba.

China | Beijing reaffirms commitment to open and shared growth in the Asia-Pacific region

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