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MACAO -- Chinese President Xi Jinping on Thursday delivered a speech at a welcoming dinner hosted by the government of the Macao Special Administrative Region (SAR) on the eve of the 25th anniversary of Macao's return to the motherland.

Speech at the Welcoming Dinner

Hosted by the Government of

The Macao Special Administrative Region

December 19, 2024

Xi Jinping

Chief Executive Ho Iat Seng,

Incoming Chief Executive Sam Hou Fai,

Ladies and Gentlemen,

Good evening. It is my great pleasure to return to the beautiful Macao after a span of five years and join you in celebrating the 25th anniversary of Macao's return to the motherland. On behalf of the Central Government and people of all ethnic groups, I extend cordial greetings and best wishes to you and, through you, to all the residents in Macao and to all our international friends who care for and support Macao's development.

The past five years have been extraordinary in the history of Macao's development. Against the background of accelerating global transformation not seen in a century and the once-in-a-century pandemic, with the unreserved support of the Central Government and the mainland, Chief Executive Ho Iat Seng and the fifth-term government of the Macao Special Administrative Region (SAR) rallied and led the people of all sectors in Macao to rise to the challenges, made results-oriented efforts, ensured a steady economic recovery and achieved progress in all undertakings. Macao has written a new chapter in the successful implementation of One Country, Two Systems with Macao characteristics.

— Macao has made new progress in appropriate economic diversification. With the gaming industry developing in a healthy and orderly manner in accordance with the law, Macao, as a world-class tourism and leisure center, continues to offer new services, and major emerging industries are booming. Macao has taken an active part in the development of the Guangdong-Hong Kong-Macao Greater Bay Area. The Hengqin-Macao integration is deepening, as the In-Depth Cooperation Zone goes into closed customs operation, and the levels of physical connectivity of infrastructure and institutional connectivity of rules increase. Macao's cooperation with the mainland in science and technology is also deepening and expanding. The successful launch and smooth operation of "Macao Science 1" satellites is just one example. Today's Macao enjoys a stronger foundation and broader space for economic development. It is on an ever-widening path of shared development and common prosperity along with the mainland.

— Macao has reached a new level in improving people's well-being. To meet the practical needs of its residents, Macao has increased spending on improving the people's well-being and taken solid steps on the ground to deliver tangible benefits to residents in areas that directly impact their lives, including housing, health care, education, and elderly care. The apartments for senior citizens and the Macao New Neighborhood project are completed. The Macao Bridge is open to traffic. The quality of basic education continues to improve, and the sector of higher education is making steady progress. The region-wide application of e-government is on a fast track and the efforts to build Macao into a more livable city are intensifying. Local residents enjoy remarkably greater comfort and convenience. With public well-being better secured and social undertakings making all-round progress, Macao today has become a pleasant and favorable place to live and work in.

— Macao's political and social foundation, rooted in love for the Chinese nation and love for Macao, is more solid and strong. The laws and institutional mechanisms of the Macao SAR for safeguarding national security are improved. Elections of the seventh Legislative Assembly and the sixth-term Chief Executive have been held smoothly. Macao residents' rights, including democracy, human rights and freedoms, remain fully guaranteed. The Macao SAR has strengthened its public education of the Constitution, the Basic Law, the national conditions and history, and the national security. As a result, people of all sectors now have a stronger sense of national identity and cherish deep feelings for our nation as much as they love their family. People of all ethnic communities live in amity, and cultural events are colorful and numerous. In Macao today, more than ever, the love for the Chinese nation and the love for Macao have become a stronger theme in a multicultural symphony that features coexistence and co-prosperity.

— Macao's international influence and visibility have risen significantly. Solid progress has been made in establishing Macao as "One Center, One Platform, One Base." The Center for Science and Technology Exchange and Cooperation Between China and Portuguese-Speaking Countries has been inaugurated, and Macao's exchange and cooperation with Portuguese-speaking countries are closer. Macao has deepened cooperation with countries and regions participating in high-quality Belt and Road cooperation and established friendly ties or twinning relationships with more cities. It has also maintained stable economic and trade ties with more countries and regions. Macao has been awarded the Culture City of East Asia and the Best Convention City (Asia). Its international competitiveness and influence has been enhanced.

These remarkable achievements of Macao over the past five years are attributable to the full and faithful implementation of the One Country, Two Systems policy, to the vigorous support of the Central Government and the mainland, and to the active involvement of the international community. They are the result of the hard work and all-out efforts of people of all sectors in Macao united under the leadership of the Macao SAR Government.

Ladies and Gentlemen,

Macao's unique strength comes from the policy of One Country, Two Systems. The policy provides a strong foundation for Macao's development. Riding the wind of the national efforts to build a great country and advance national rejuvenation, Macao is blessed with the opportunities and abilities to soar higher and reach further to achieve greater success. To this end, I wish to share with you my three expectations of Macao.

First, I hope Macao will embrace a broader vision. The region should keep in mind China's strategic imperative of national rejuvenation and the ongoing global transformation not seen in a century. You must keep pace with the trends of the times, and further calibrate Macao's position. Macao needs to adopt a scientific approach in its future development planning, and proactively align itself with national development strategies such as the Guangdong-Hong Kong-Macao Greater Bay Area, and it could also seek to play a bigger role on the international stage.

Second, I hope Macao will embrace diversity and inclusiveness. You should uphold the underlying values of love for the Chinese nation and love for Macao while embracing greater openness, inclusiveness and solidarity. You must work to attract the best minds to join you in building a better Macao. Whoever supports One Country, Two Systems and loves Macao as his home is a native "having drunk from Lilau" and a positive force contributing to Macao's development.

Third, I hope Macao will continue to forge ahead with resolve. An old Chinese poem has this line, "Macao is the most prosperous of all ports in Canton." People of Macao are never short on the can-do spirit. That said, one should never be complacent when life is prosperous, or ignore potential risks when the going is good. Macao needs to demonstrate stronger resolve and greater courage in reform and innovation. You could leverage your institutional strength under One Country, Two Systems to break new ground in the region's development.

Ladies and Gentlemen,

This year marks the 75th anniversary of the founding of the People's Republic of China. Thanks to the relentless efforts of the Chinese people of all ethnic groups, China has changed enormously and remarkably. The great rejuvenation of the Chinese nation is now on an irreversible historical course. In the 25 years since its return to the motherland, Macao has come a long way in all its undertakings. There is no better time than now to pursue Macao's further development. I have full confidence that with the strong backing of the great motherland and through solid and hard work, the Macao Special Administrative Region will build on its achievements to make a new leap and create new splendors.

Now, please join me in a toast:

To the prosperity of our great motherland;

To a better tomorrow of Macao; and

To the health and happiness of all of you and your families.

Cheers!

BEIJING -- An article by Xi Jinping, general secretary of the Communist Party of China (CPC) Central Committee, on deeply advancing the Party's self-reform will be published on Monday.

The article by Xi, also Chinese president and chairman of the Central Military Commission, will be published in this year's 24th issue of the Qiushi Journal, a flagship magazine of the CPC Central Committee.

The article states that the CPC pursues lofty ideals and is tasked with arduous missions. Only through self-reform and by improving its capabilities in leadership and governance can the Party remain a strong leadership core that advances socialism with Chinese characteristics.

As the situation and tasks facing the Party change, there will inevitably be all kinds of conflicts and problems within the Party, the article says, adding that it is imperative for the Party to eliminate negative impacts through self-reform and ensure that it always retains its vigor and vitality.

The article emphasizes that the CPC always represents the fundamental interests of all Chinese people. Without seeking self interests, the Party can keep its spirit of thorough self-reform, and by swiftly detecting and resolving its own problems, the Party can take strong countermeasures against any interest group, power group or privileged stratum from preying on or corrupting Party members, according to the article.

The article underscores that to deeply advance the Party's self-reform, upholding the centralized and unified leadership of the CPC Central Committee is the fundamental guarantee.

Efforts are also needed to improve the system for exercising full and rigorous Party self-governance, and to build strong Party organizations and strengthen the ranks of officials, it adds.

The article also urges efforts to improve Party conduct, enforce discipline, and fight corruption, while integrating Party self-supervision with public oversight to deeply advance the Party's self-reform.

BEIJING - An article by Xi Jinping, general secretary of the Communist Party of China (CPC) Central Committee, on upholding fundamental principles and breaking new ground, an important approach of the Party in the governance of China in the new era, will be published on Sunday.

The article by Xi, also Chinese president and chairman of the Central Military Commission, will be published in this year's 23rd issue of the Qiushi Journal, a flagship magazine of the CPC Central Committee.

The article consists of excerpts from Xi's related discourses between January 2013 and August 2024.

The article says that the CPC is advancing a great cause that has no precedent in history.

Only by upholding fundamental principles can the Party avoid losing its bearings or making catastrophic mistakes, and only by breaking new ground can we meet the call of the day and shape the trends of the times, it says.

"We must dare to say what has never been said and do what has never been done," the article says.

It stresses that the core principle of Marxism and the root of fine traditional Chinese culture must not be abandoned.

The exploration of the Chinese path to modernization is the process of developing while carrying on fine traditions, and the process of upholding fundamental principles while breaking new ground, according to the article.

In terms of deepening reform, the article says that "what needs to be reformed should be reformed unwaveringly and what does not need to be reformed should remain unchanged."

It also emphasizes the importance of promoting the adaptation of fine traditional Chinese culture to the socialist society and showcasing the unique defining symbols of the Chinese nation.

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RIO DE JANEIRO - Chinese President Xi Jinping on Monday delivered an important speech at the Session II of the 19th G20 Summit under the title "Working Together for a Fair and Equitable Global Governance System."

Following is the English version of the full text of the speech:

Working Together for a Fair and Equitable Global Governance System

Remarks by H.E. Xi Jinping

President of the People's Republic of China

On Reform of the Institutions of Global Governance

At Session II of the 19th G20 Summit

Rio de Janeiro, November 18, 2024

Your Excellency President Luiz Inacio Lula da Silva,

Colleagues,

It has been 16 years since the G20 Summit was launched. Over the years, we have worked in solidarity to tackle the global financial crisis, promoted cooperation on global economy, finance and trade, and steered the world economy onto the track of recovery. We have worked in concert to face global challenges head-on, be it climate change or the COVID-19 pandemic, spearheaded technological transformation, and kept renewing the G20's responsibilities and missions. We have worked in unison to improve global governance, strengthened macroeconomic policy coordination, pressed ahead with reforming the international financial institutions, and championed international cooperation in the spirit of equal consultation and mutual benefit.

Proceeding from a new starting point, the G20 needs to build on its past achievements and continue to act as a force to improve global governance and move history forward. We should keep in mind that mankind lives in a community with a shared future, see each other's development as opportunities rather than challenges, and view each other as partners rather than rivals. We should observe the basic norms of international relations underpinned by the purposes and principles of the UN Charter and defend the international order based on international law. In light of the G20's mandate, we could build greater international consensus in the economic, financial, trade, digital and eco-environmental fields, among others, to improve global governance and promote an equal and orderly multipolar world and a universally beneficial and inclusive economic globalization.

First, we need to improve global economic governance and build a world economy characterized by cooperation. We have developed the G20 comprehensive growth strategies and established a framework for strong, sustainable, balanced and inclusive growth. We should stay committed to strengthening global economic partnerships, reinforcing macro policy coordination in fiscal, financial, monetary and structural reform policies, cultivating new quality productive forces, and raising total factor productivity, in a bid to open up more possibilities for the global economy. It is important to make good use of the G20 Finance Ministers and Central Bank Governors Meetings, let them serve as a ballast for macro policy coordination, and foster an open, inclusive, and nondiscriminatory environment for international economic cooperation. As main creditors, international financial institutions and commercial creditors need to take part in debt reduction and suspension for developing countries. It is also important to create a clean business environment by upholding a zero-tolerance stance against corruption, stepping up international cooperation on fugitive repatriation and asset recovery, and denying safe haven to corrupt officials and their assets.

Second, we need to improve global financial governance and build a world economy characterized by stability. To increase the voice and representation of developing countries, the World Bank should carry out shareholding review and the International Monetary Fund should carry out quota share realignment in line with the agreed timeframe and roadmap. Joint efforts are needed to keep the international financial market stable and prevent negative spillover of domestic monetary policy adjustments. Developed countries should fulfill their responsibilities in this regard. It is important to enhance the systems for financial risks monitoring, early warning and handling, reinforce cooperation in such areas as digital currency and taxation, and strengthen the global financial safety net. The G20 Sustainable Finance Roadmap should be implemented at a faster pace to better meet the green financing needs of developing countries.

Third, we need to improve global trade governance and build a world economy characterized by openness. We should place development at the center of the international economic and trade agenda, and steadily advance trade and investment liberalization and facilitation. We should press ahead with reforming the World Trade Organization (WTO), oppose unilateralism and protectionism, restore the normal functioning of the dispute settlement mechanism as soon as possible, include the Investment Facilitation for Development Agreement into the WTO legal framework, and reach early consensus on the e-commerce agreement. We should work actively to keep the WTO rules relevant, both addressing long-pending issues and exploring the formulation of new, future-oriented rules, to enhance the authority, efficacy and relevance of the multilateral trading system. It is important to avoid politicizing economic issues, avoid fragmenting the global market, and avoid taking protectionist moves in the name of green and low-carbon development. Two years ago, China and Indonesia, together with some other countries, launched the Initiative of International Cooperation on Resilient and Stable Industrial and Supply Chains, calling for industrial and supply chain partnerships that are more equal, inclusive and constructive. We stand ready for closer cooperation with all sides on this initiative.

Fourth, we need to improve global digital governance and build a world economy characterized by innovation. We should strengthen the function of the G20 Digital Economy Ministers' Meeting, and let it play a leading role in digital transition, the deep integration of the digital economy and the real economy, and rules-making in emerging areas. We should step up international governance and cooperation on artificial intelligence (AI), to make sure that AI is for good and for all, not a game of the rich countries and the wealthy. China hosted the 2024 World AI Conference and High-Level Meeting on Global AI Governance, and issued the Shanghai Declaration on Global AI Governance. Together with other parties, China promoted the adoption of a UN General Assembly resolution on enhancing international cooperation on AI capacity-building. China will hold another world AI conference in 2025 and welcomes the participation of fellow G20 members.

Fifth, we need to improve global ecological governance and build a world economy characterized by eco-friendliness. We should honor the principle of common but differentiated responsibilities, and fully and effectively implement the Paris Agreement and the Kunming-Montreal Global Biodiversity Framework for the sake of man's harmonious coexistence with nature. Developed countries should provide developing countries with the necessary funding, technology and capacity-building support. The recently concluded UN Biodiversity Conference produced important consensus. We should jointly support the ongoing and upcoming UN conferences on climate change and desertification in achieving positive outcomes. Energy transition and energy security is a major issue. We should follow the approach of "establishing the new before abolishing the old," and replace traditional energy with clean energy in a stable and well-ordered way, as we expedite the green and low-carbon transition of the world economy. China stands ready to continue to deepen international cooperation with all sides on green infrastructure, green energy, green mining and green transport, and will provide support to developing countries to the best of its ability.

Global security governance is part and parcel of global governance. The G20 should support the UN and its Security Council in playing a greater role, and support all efforts conducive to the peaceful settlement of crises. To deescalate the Ukraine crisis and seek a political settlement, we should follow the principles of no expansion of the battlefields, no escalation of hostilities and no fanning flames. China and Brazil, together with some other Global South countries, launched the group of "friends for peace" on the Ukraine crisis, with the goal of bringing together more voices for peace. The fighting in Gaza has inflicted deep suffering on the people. It is urgent for all sides to stop fighting, end the war, and provide support for easing the humanitarian crisis in the region and for postwar reconstruction. The fundamental way out of the cycle of Palestinian-Israeli conflict lies in the implementation of the two-State solution, the restoration of Palestine's legitimate national rights, and the establishment of an independent State of Palestine.

Colleagues,

Let us renew our commitment to the founding mission of the G20, and make a fresh start from Rio de Janeiro. Let us carry forward partnership, practice true multilateralism, and usher in a better future of common development and prosperity.

Thank you.

RIO DE JANEIRO -- Chinese President Xi Jinping on Monday delivered an important speech at Session I of the 19th G20 Summit under the title "Building a Just World of Common Development."

Following is the English version of the full text of the speech:

Building a Just World of Common Development

Remarks by H.E. Xi Jinping

President of the People's Republic of China

On Fight Against Hunger and Poverty

At Session I of the 19th G20 Summit

Rio de Janeiro, November 18, 2024

Your Excellency President Luiz Inacio Lula da Silva,

Colleagues,

It gives me great pleasure to attend the G20 Summit in Rio de Janeiro. I thank President Lula and the Brazilian government for the warm hospitality extended to the Chinese delegation.

Today, transformation of a scale not seen in a century is accelerating across the world. Humanity faces unprecedented opportunities and challenges. As leaders of major countries, we should not let our vision be blocked by fleeting clouds. Rather, we must see the world as one community with a shared future, and shoulder our responsibility for history, take historical initiative and move history forward.

I pointed out at this forum that prosperity and stability would not be possible in a world where the rich become richer while the poor are made poorer, and countries should make global development more inclusive, beneficial to all, and more resilient. At the Hangzhou Summit, China placed development at the center of the G20's macroeconomic policy coordination for the first time, and the Summit adopted the G20 Action Plan on the 2030 Agenda for Sustainable Development and the G20 Initiative on Supporting Industrialization in Africa and Least Developed Countries. The Rio Summit this year has chosen the theme "Building a Just World and a Sustainable Planet." It places fighting hunger and poverty at the top of the agenda, and decides to establish a Global Alliance Against Hunger and Poverty. From Hangzhou to Rio, we have been working for one and the same goal, that is, to build a just world of common development.

To build such a world, we need to channel more resources to such fields as trade, investment and development cooperation, and strengthen development institutions. There should be more bridges of cooperation, and less "small yard, high fences," so that more and more developing countries will be better off and achieve modernization.

To build such a world, we need to support developing countries in adopting sustainable production and lifestyle, properly responding to challenges like climate change, biodiversity loss and environmental pollution, enhancing ecological conservation, and achieving harmony between man and nature.

To build such a world, we need an open, inclusive and non-discriminatory environment for international economic cooperation. We should promote a universally beneficial and inclusive economic globalization, energize sustainable development with new technologies, new industries and new business forms, and support developing countries in better integrating in digital, smart and green development to bridge the North-South gap.

To build such a world, we need to stay committed to multilateralism. We should uphold the UN-centered international system, the international order underpinned by international law, and the basic norms of international relations based on the purposes and principles of the UN Charter.

Colleagues,

China's development is an important part of the common development of the world. We have lifted 800 million people out of poverty, and met the poverty reduction target of the UN's 2030 Agenda for Sustainable Development ahead of schedule.

This achievement did not just fall into our laps. It is the fruit of the strenuous, unified efforts of the Chinese government and people. Everything China does, it always places the people front and center, and it solemnly declares that "not a single poor region or person should be left behind." To tackle poverty, we make targeted policies tailored to each village, each household and each person; we facilitate growth by vigorously channeling talent, funds and technologies to underdeveloped regions; we help localities generate growth by fostering industries with distinctive features and upgrading infrastructure, all in light of their own conditions; and we promote common prosperity by pairing up well-off regions with less developed ones. I have worked from village to county, city, provincial and central levels. Poverty alleviation has always been a priority and a major task I am determined to deliver.

China's story is proof that developing countries can eliminate poverty, and that a weaker bird can start early and fly high, when there is the endurance, perseverance, and striving spirit that enables water drops to penetrate rocks over time and turns blueprints into reality. If China can make it, other developing countries can make it too. This is what China's battle against poverty says to the world.

Colleagues,

China will always be a member of the Global South, a reliable long-term partner of fellow developing countries, and a doer and go-getter working for the cause of global development. A single flower does not make spring. China wants to see a hundred flowers in full blossom and will go hand in hand with fellow developing countries toward modernization. Today, I wish to outline China's eight actions for global development.

First, pursuing high-quality Belt and Road cooperation. On top of RMB700 billion yuan added financing windows and an additional RMB80 billion yuan injection into the Silk Road Fund, China is moving ahead with the development of the multidimensional Belt and Road connectivity network, one that is led by the building of a green Silk Road and will empower a digital Silk Road.

Second, implementing the Global Development Initiative. On the basis of over 1,100 development projects already in operation, we will make sure the Global South research center that is being built is fit for purpose, and the 20 billion U.S. dollars of development funds will continue to be put to good use to support developing countries and deepen practical cooperation in areas such as poverty reduction, food security and the digital economy.

Third, supporting development in Africa. At the Summit of the Forum on China-Africa Cooperation held in September this year, I unveiled ten partnership actions on joining hands with Africa to advance modernization over the next three years and, in this connection, a commitment of RMB360 billion yuan in financial support.

Fourth, supporting international cooperation on poverty reduction and food security. China has decided to join the Global Alliance Against Hunger and Poverty. We support the G20 in continuing to convene the Development Ministerial Meeting, and will stay a committed host of the International Conference on Food Loss and Waste.

Fifth, China, alongside Brazil, South Africa and the African Union, is proposing an Initiative on International Cooperation in Open Science to help the Global South gain better access to global advances in science, technology and innovation.

Sixth, supporting the G20 in carrying out practical cooperation for the benefit of the Global South and using such outcomes as the Roadmap to Increase Investment in Clean Energy in Developing Countries and the High-Level Principles on Bioeconomy to good effect. China supports the work of the Entrepreneurship Research Center on G20 Economies based in Beijing, and supports cooperation on digital education and the digitization of museums and ancient archives.

Seventh, implementing the G20 Anti-Corruption Action Plan. We are strengthening cooperation with fellow developing countries in fugitive repatriation and asset recovery, denial of safe haven, and anti-corruption capacity building.

Eighth, China is pursuing high-standard opening up, and unilaterally opening our doors wider to the least developed countries (LDCs). We have announced the decision to give all LDCs having diplomatic relations with China zero-tariff treatment for 100 percent tariff lines. From now to 2030, China's imports from other developing countries are likely to top 8 trillion dollars.

Colleagues,

The Chinese often say, "A journey of a thousand miles begins with the first step." China is ready to take steps together with all parties to build a just world of common development, leave poverty in the past, and turn our vision into reality.

Thank you.

RIO DE JANEIRO -- Chinese President Xi Jinping published a signed article in Brazilian media outlet Folha de S. Paulo on Sunday under the title "A Friendship Spanning Vast Oceans A Voyage Toward a Brighter Shared Future" as he is traveling to Brazil for the 19th G20 Leaders' Summit and a state visit to the country.

Following is an English version of the full text of the article:

A Friendship Spanning Vast Oceans

A Voyage Toward a Brighter Shared Future

Xi Jinping

President of the People's Republic of China

At the invitation of President Luiz Inacio Lula da Silva, I will soon pay a state visit to the Federative Republic of Brazil and attend the G20 Leaders' Summit in Rio de Janeiro.

Endowed with an expansive land, abundant resources, breathtaking landscapes and a rich tapestry of cultures, Brazil is a favorite destination of the Chinese people. Over two hundred years ago, as Chinese products, such as tea, lychee, spice and porcelain, traversed the oceans to reach the Brazilian shores, trade and economic exchanges began to bridge our two nations and became a bond of friendship between our people.

Fifty years ago, on August 15, 1974, China and Brazil established full diplomatic ties. Our relationship has since withstood the test of a changing international landscape and become increasingly mature and vibrant. This dynamic relationship has not only boosted our respective development but also contributed significantly to world peace and stability. It has established a model for major developing countries to develop win-win cooperation and pursue a shared future.

China and Brazil value mutual respect and treat each other as equals. Our people appreciate and support each other's choice of development path. Brazil is the first country to establish a strategic partnership with China. It is also the first nation in Latin America to enter into a comprehensive strategic partnership with China. Our relationship has always been a forerunner in the relations between China and fellow developing nations. The two governments have between them a full-fledged mechanism for dialogue and cooperation, of which the high-level commission for coordination and cooperation has been in effective operation for 20 years and played a significant role in coordinating and planning cooperation in various fields and in promoting common development.

China and Brazil value mutual benefit and promote synergy between our comparative strengths as we work hand in hand to advance respective modernization. China has been Brazil's largest trading partner for 15 consecutive years, and is a major source of foreign investment in Brazil. According to statistics from the Chinese side, China's annual imports from Brazil in the past three years have stayed above $100 billion. Thanks to our joint efforts, the structure of trade is becoming increasingly optimized, the level of cooperation is improving, and the scope of shared interests is expanding. Our mutually beneficial cooperation, with no shortage of bright spots and fruitful outcomes in areas of agriculture, infrastructure, energy, resources, green development, technological innovation and finance, has greatly promoted economic and social progress in both countries.

China and Brazil champion openness, inclusiveness and mutual learning, and we share a natural affinity and a common pursuit of all that is beautiful. Brazil's renowned poets and writers Cecilia Meireles and Joaquim Maria Machado de Assis translated poems from China's Tang Dynasty (618-907 AD), though not directly from Chinese. Their commendable endeavors reflect the resonance between our two cultures that defy time and space. In recent years, music, dance, and other forms of art, along with cuisine and sport, have become a new bridge connecting the people of our two countries, helping to enhance amity and mutual understanding. Brazil's cute capybaras, bossa nova music, Samba dance, and Capoeira are immensely popular in China. China's traditional festivals like the Spring Festival and its cultural heritages such as traditional Chinese medicine are increasingly well-known among Brazilians. Our young people, journalists, and academics interact frequently, and subnational exchanges are active and vibrant. Since earlier this year, a series of events have been held in both countries to celebrate the 50th anniversary of diplomatic relations, presenting to our people an array of splendid cultural and artistic feasts. In the last couple of days, I received letters from over a hundred Brazilian friends from across sectors, including the Brazil-China Friendship Association, university teachers and students, and the Copacabana Fort Orchestra of Rio de Janeiro. I am profoundly touched by their fervent desire to strengthen the friendship between our two nations.

China and Brazil stay committed to peace, development, fairness and justice. We have similar or identical views on many international and regional issues. Both are staunch defenders of the basic norms of international relations and multilateralism, coordinating closely and consistently within the United Nations, G20, BRICS and other international organizations and multilateral mechanisms on crucial issues, including global governance and climate change. Not long ago, China and Brazil jointly issued a six-point common understanding on political settlement of the Ukraine crisis. Our initiative has received a positive response from the international community. China and Brazil, embracing our roles and responsibilities as major countries, have contributed to a multipolar world, conduced to greater democracy in international relations and injected positive energy into global peace and stability.

Today's world is undergoing an accelerating transformation unseen in a century. New challenges and new changes continue to arise. As a Chinese saying goes, "In a race of a hundred boats, those who row hardest will lead; among a thousand sails competing, those who advance most bravely will win." As major developing countries in the eastern and western hemispheres respectively and important members of BRICS, China and Brazil should unite more closely, row hardest and advance most bravely. We should pioneer new routes together and jointly set sail on a voyage toward a brighter shared future that belongs to both our people and the whole of humanity.

Our two countries should stay the course of friendly relations. We should remain committed to mutual respect, mutual trust and mutual learning. We should further intensify exchanges at all levels and across all fields, including between the governments, political parties, and legislatures, and step up the exchange of experience in state governance and national development. We should continuously strengthen strategic mutual trust and cement the political foundation of our bilateral relations. We should fully leverage the role of the China-Brazil high-level coordination and cooperation commission (COSBAN), the comprehensive strategic dialogue and other cooperation mechanisms to build a stable and mature major-country relationship and ensure its steady and sustained growth.

Our two countries should foster new growth drivers for mutually beneficial cooperation. Both China and Brazil prioritize accelerating economic development and improving people's livelihoods and both are forging ahead on the path of modernization. At present, as the new sci-tech revolution and industrial transformation gather pace, our two countries must seize the opportunities offered by the times. We should promote synergy between China's Belt and Road Initiative and Brazil's development strategies, and we should keep enhancing the strategic impacts of our mutually beneficial cooperation, broaden its scope, and break new ground. We should foster more exemplary projects that align with the trends of the times, deliver lasting benefits to the people, and contribute to the common development of our countries and regions.

Our two countries should solidify the foundation of people-to-people friendship. China and Brazil boast rich, diverse and uniquely fascinating cultures that are complementary and drawn to each other. We should uphold openness and inclusiveness, values that are imbued in our traditions, and deepen our exchanges and cooperation in the areas of culture, education, science and technology, health, sports, tourism, and at the subnational levels. This will help our people view each other's countries in a more accurate, multidimensional, and vivid light, and cultivate more people-to-people ambassadors who will carry forward the China-Brazil traditional friendship. Friendly exchanges, in turn, enhance harmony and mutual enrichment between our civilizations and make the garden of human civilization more colorful and more vibrant.

Our two countries should strengthen solidarity, support each other and fulfill our responsibilities as major countries. Despite its collective rise, the Global South has yet to have its voice and demands fully heard and reflected in the existing international governance system. As two of the world's major developing countries, China and Brazil should take on the mantle of historical duty and responsibilities. We must work together with others in the Global South to resolutely safeguard the developing nations' common interests, address global challenges through cooperation, and promote a global governance system that is fairer and more equitable. China and Brazil should make our distinctive contribution to world peace, stability and common development.

Another reason for my visit to Brazil this time is to attend the summit of the G20, an important platform for international economic cooperation. Following its assumption of the presidency, Brazil has established the summit theme as "Building a Just World and a Sustainable Planet" and made active efforts to advance G20 cooperation in various areas, laying a good foundation for the success of the summit in Rio de Janeiro. President Lula has placed fighting hunger and poverty high on the summit's agenda and proposed the establishment of a Global Alliance Against Hunger and Poverty. China highly commends and will actively support his initiative.

Building a just world requires the G20 to honor the principles of mutual respect, equal-footed cooperation and mutual benefit, and support Global South countries in achieving greater development. Development must be placed at the center of G20 cooperation, and the attainment of the UN 2030 Agenda for Sustainable Development must be a top priority. A global partnership for sustainable development must be built, and global development must be more inclusive, beneficial to all and more resilient. It is important to press ahead with the reform of the International Monetary Fund, the World Bank and the World Trade Organization and to increase the representation and voice of the Global South. Macroeconomic policy coordination must be stepped up, and trade and investment liberalization and facilitation promoted, to create an open, inclusive, and non-discriminatory environment for international economic cooperation.

Building a sustainable planet requires the G20 to promote sustainable production and lifestyle as a way to achieve harmony between humanity and nature. The G20 must advance international cooperation in such areas as green and low-carbon development, environmental protection, energy transition and climate change response. It must honor the principle of common but differentiated responsibilities, and provide more funding, technology and capacity-building support to Global South countries. Thirty-two years ago, the UN Conference on Environment and Development held in Rio de Janeiro produced important outcomes such as Agenda 21. This time again in Rio, an important topic for discussion at the G20 leaders' meeting is global green and low-carbon development, and I hope the summit will provide stronger momentum and greater confidence for global sustainable development.

I am confident that the Rio de Janeiro Summit will achieve fruitful outcomes and leave a distinct Brazilian mark on G20's history. I also look forward to working with President Lula to usher in a new "golden 50 years" for China-Brazil relations, and promote a more just and sustainable community with a shared future.

President Xi Jinping on Saturday proposed building an open and interconnected paradigm for Asia-Pacific cooperation with efforts to advance regional economic integration and "tear down the walls" impeding the flow of trade, investment, technology and services.

Speaking at the 31st APEC Economic Leaders' Meeting, Xi called on Asia-Pacific countries to act in solidarity and cooperation to meet the challenges confronting cooperation in the region, such as rising tendencies of geopolitics, unilateralism and protectionism. "At this historic crossroads, we Asia-Pacific countries carry greater responsibilities on our shoulders," he said.

The Chinese president's proposal is an active move to steer the world economy back onto the correct track of globalization, and it is also the world's second-largest economy's commitment to further opening-up and common development for the world, particularly the Global South countries, experts said.

Consisting of 21 members, APEC accounts for approximately 38 percent of the world's population, 60 percent of its total GDP, and 47 percent of its trade.

"A Free Trade Area of the Asia-Pacific is an ambitious vision for regional economic integration and is critical for long-term development and prosperity of our region," Xi said in his remarks.

Ten years ago, a historic decision to kick off the FTAAP process was taken at the gathering of APEC economic leaders in Beijing.

"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," Xi said.

Chen Taotao, director of the Latin America Center at Tsinghua University in Beijing, said that regional economic integration has been proven as an efficient economic operating model in the process of globalization.

"In recent years, due to geopolitical reasons, some countries have intentionally adopted high tariffs and other methods to restrict the normal global layout of high-tech Chinese enterprises in certain industries in order to suppress China's development," she said.

Chen said that in this process, developing countries — including many Latin American countries — have strongly felt the damage caused to their economies by such instability.

Xi said that opening-up is a distinct hallmark of Chinese modernization and reiterated the country's commitment to promoting reform through opening-up.

China just signed a protocol to upgrade the free trade agreement with Peru on Thursday and has substantially concluded negotiations with ASEAN to upgrade to free trade area 3.0 last month.

"Together with the relevant parties, we will seek to discuss trade agreements in digital and green areas and steadily expand the globally oriented network of high-standard free trade areas," Xi said.

He added that China welcomes all parties to continue riding the "express train" of its development and grow together with the Chinese economy.

To start a new era in Asia-Pacific development, the Chinese president also proposed to make green innovation a catalyst for the Asia-Pacific and uphold a universally beneficial and inclusive vision for Asia-Pacific development.

"We need to firmly 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," Xi added.

China will launch a Global Cross-Border Data Flow Cooperation Initiative and seek deeper cooperation with other parties to promote efficient, convenient and secure cross-border data flows, he said.

The Chinese president also called for more support for developing economies and disadvantaged groups and for nations to work together to grow the pie and distribute it equitably to allow more economies and people to benefit from development.

Three outcome documents including the statement of economic leaders and the Ichma Statement on a New Look to Advance the Free Trade Area of the Asia-Pacific were adopted after the meeting on Saturday.

Liu Chenyang, director of the APEC Study Center of Nankai University, said the outcomes hold a positive significance in determining the call of the Global South amid a complicated global landscape.

Liu noted that it is impossible for any kind of cooperation at the global level to succeed without the participation of APEC members.

Xi's Quotes

? At this historic crossroads, we Asia-Pacific countries carry greater responsibilities on our shoulders.

? We should tear down the walls impeding the flow of trade, investment, technology and services, uphold stable and smooth industrial and supply chains, and promote economic circulation in the region and the world.

? We need to make green innovation a catalyst for the Asia-Pacific.

? Reform and opening up is a historic process in which China and the world achieve development and progress together.

? China's further development will provide new opportunities for the Asia-Pacific region and the world at large.

LIMA -- Chinese President Xi Jinping on Saturday delivered an important speech at the 31st APEC Economic Leaders' Meeting under the title "Shouldering Responsibility to Our Times And Jointly Promoting Asia-Pacific Development".

Following is the English version of the full text of the speech:

Shouldering Responsibility to Our Times And Jointly Promoting Asia-Pacific Development

Remarks by H.E. Xi Jinping

President of the People's Republic of China

At the 31st APEC Economic Leaders' Meeting

Lima, November 16, 2024

Your Excellency President Dina Boluarte,

Colleagues,

It is my great pleasure to visit the beautiful garden city of Lima again after eight years and join you in discussing Asia-Pacific cooperation. I wish to thank President Boluarte and the Peruvian government for the excellent organization of this meeting.

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 as well as anemic growth. The World Openness Index has been on the decline. Asia-Pacific cooperation is confronted with challenges such as rising tendencies of geopolitics, unilateralism and protectionism. At this historic crossroads, we Asia-Pacific countries carry greater responsibilities on our shoulders. We must act in solidarity and cooperation to meet the challenges, fully deliver on the Putrajaya Vision 2040, build an Asia-Pacific community with a shared future, and start a new era in Asia-Pacific development. To this end, I wish to propose the following.

First, we need to build an open and interconnected paradigm for Asia-Pacific cooperation. We should stay committed to multilateralism and an open economy, firmly uphold the multilateral trading system with the World Trade Organization at its core, fully reactivate APEC's role as an incubator of global economic and trade rules, and advance regional economic integration and connectivity. We should tear down the walls impeding the flow of trade, investment, technology and services, uphold stable and smooth industrial and supply chains, and promote economic circulation in the region and the world. A Free Trade Area of the Asia-Pacific (FTAAP) is an ambitious vision for regional economic integration, and is critical for long-term development and prosperity of our region. Ten years ago, a historic decision to kick off the FTAAP process was taken at the APEC Economic Leaders' Meeting in Beijing. 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.

Opening up is a distinct hallmark of Chinese modernization. China always promotes reform through opening up. We voluntarily subscribe to high-standard international economic and trade rules, adopt proactive measures for further opening up, and take systematic steps to further open the telecom, Internet, education, culture, medical service and other sectors. We continue to implement the Regional Comprehensive Economic Partnership (RCEP) against high standards. We are also working actively to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the Digital Economy Partnership Agreement (DEPA). We have just signed a protocol to upgrade the free trade agreement with Peru, and have substantially concluded negotiations with ASEAN to upgrade to free trade area 3.0. Together with the relevant parties, we 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, we need to make green innovation a catalyst for the Asia-Pacific. We need to firmly seize the opportunities presented by the new round of sci-tech revolution and industrial transformation, and strengthen exchanges and cooperation in artificial intelligence (AI), quantum information, life and health, and other frontier areas. We need to foster an open, fair, just and nondiscriminatory ecosystem for innovation, and promote a leapfrog development of productive forces across our region. To build a clean and beautiful Asia-Pacific, we should prioritize ecological protection, promote resources conservation and their efficient use as well as green and low-carbon development, and engineer an all-round green transition in economic and social development. We need to 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 seek deeper cooperation with other parties to promote efficient, convenient and secure cross-border data flows. China has put forward initiatives in the APEC framework concerning, among others, the application of digital bill of lading, capacity building on green supply chains, exchanges and dialogue on approaches to AI, and the digitalization of food supply chains, with a view to contributing to high-quality development of the Asia-Pacific.

Third, we need to uphold a universally beneficial and inclusive vision for Asia-Pacific development. We should make good use of the APEC platform to strengthen economic and technical cooperation. We should 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. This year, Peru has been actively promoting cooperation on the transition from the informal economy to the formal and global economy. China welcomes this effort which dovetails with our development philosophy of putting people first, promoting social fairness and justice and improving the people's well-being. 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. We look forward to working with all parties to deepen Asia-Pacific cooperation to the benefit of the peoples in the region.

Colleagues,

Reform and opening-up is a historic process in which China and the world achieve development and progress together. A few months ago, the 20th Central Committee of the Communist Party of China, at its third plenum, laid out systematic plans for further deepening reform across the board to advance Chinese modernization. More than 300 consequential reform measures were unveiled 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.

An ancient Chinese sage observed, "A man of virtue, while establishing himself and pursuing success, also works to help others establish themselves and succeed." There is a similar saying in Latin America which goes, "The only way to be profitably national is to be generously universal." China welcomes all parties to continue riding the "express train" of its development and grow together with the Chinese economy so that we can all contribute to the modernization of all countries featuring peaceful development, mutually beneficial cooperation and common prosperity.

Thank you.

LIMA — President Xi Jinping gave a written speech at the APEC CEO Summit on Friday under the title "Keeping Abreast of the Trend of the Times and Jointly Promoting Prosperity Around the World."

Following is the English version of the full text of the speech.

Keeping Abreast of the Trend of the Times and Jointly Promoting Prosperity Around the World

Written Speech by H.E. Xi Jinping

President of the People's Republic of China

At the APEC CEO Summit

Lima, November 15, 2024

Representatives of the Business Community,

Ladies and Gentlemen,

Friends,

I am very pleased to visit the beautiful city of Lima. It is truly heart-warming to set foot on this dynamic country again after eight years.

Although China and Latin America are thousands of miles apart, we have carried forward our exchanges in spite of the vast Pacific Ocean. As early as in the second half of the 16th century, the China Ships, laden with silk and porcelain, reached the far coast of Latin America, starting friendly interactions between China and the region.

Several hundred years later, today, China and Latin America and the entire Asia-Pacific are deeply woven into the fabric of economic globalization. We are now an interdependent community with common interests and a shared future. On the other hand, the world is in a new period of turbulence and transformation. Unbridled unilateralism and protectionism and an increasingly fragmented world economy threaten to reverse the trend toward economic globalization. The grave challenge for us is like sailing up a river -- we either forge ahead or drift downstream. Where will the Asia-Pacific economy be going? It is a decision we must make.

Economic globalization is an objective requirement of growing social productive forces. It is a natural outcome of advancement in science and technology and a mighty historical trend. Despite headwinds and undertows, economic globalization has always been the general trend. The attempt to block economic cooperation under all sorts of pretexts and break up the interdependence of the world is nothing but backpedaling.

Economic globalization is caught now in a tug of war between driving and obstructive forces, but the driving forces still prevail. New technological revolution and industrial transformation are getting more profound, and the world is moving faster to embrace a digital, green and smart economy. All this is building up powerful energy for further expedition of economic globalization down the road.

We should steer economic globalization in the right direction. We must reject the beaten path that a few countries have taken to pursue dominance and hegemony. We should see to it that economic globalization generates more positive outcomes and is taken to a new phase that is more dynamic, inclusive and sustainable.

Ladies and Gentlemen,

Friends,

Tougher times call for greater confidence. We should join hands to promote a universally beneficial and inclusive economic globalization to the benefit of various countries and communities.

First, we should take innovation as the driving force for stronger growth of the world economy. Innovation is the source of productivity. We should make full use of artificial intelligence and other emerging technologies to rev up the world economy and stimulate its growth with the current technological revolution. Advances in science and technology should benefit the entire humanity. We should help developing countries with their capacity building in science and technology and promote global flow of knowledge and technologies.

Second, we should keep pace with the times and reform the system of global economic governance. We should follow the principles of "plan together, build together and benefit together" to ensure that the global economic governance system better reflects the new reality of the world economic map. The representation and voice of the Global South should be enhanced continuously, and all countries should be ensured of equal rights, equal opportunities and equal rules in conducting international economic cooperation. We should uphold the WTO-centered multilateral trading regime, push for an open world economic system, and keep the global industrial and supply chains stable and smooth.

Third, we should always take the people-centered approach and seek to settle imbalances in development. Global prosperity and stability cannot be achieved when the rich get richer and the poor poorer. True development means common development of all countries. We should ensure people's well-being while seeking economic growth, and foster a development environment that is inclusive and beneficial for all. We should pursue economic globalization that is people-centered and delivers more balanced development and more equal opportunities, so that different countries, classes and communities can all benefit from development. China hopes that all parties will take an active part in the Global Development Initiative to help expedite the implementation of the 2030 Agenda for Sustainable Development and promote balanced and full development of all countries.

Ladies and Gentlemen,

Friends,

APEC was born on the eve of the end of the Cold War when a new round of economic globalization was gradually emerging, and has since taken it as its mission to promote economic globalization. It has contributed immensely to boosting trade and investment liberalization and facilitation in the Asia-Pacific, economic mutual benefit between member economies, and the interests and well-being of the people in our region. Asia-Pacific economies have maintained robust growth and created the remarkable Asia-Pacific miracle.

The success of the Asia-Pacific is due to our firm commitment to peace and stability in the region, to our continuous practices of true multilateralism and open regionalism, and to our deep faith in the trend toward economic globalization as well as mutual benefit and mutual success.

The Asia-Pacific should remain the locomotive of economic globalization in the future. We should stay on the right course and seek to break new ground at the same time. While further burnishing the Asia-Pacific hallmark of openness and inclusiveness, we should make new brand-building efforts to foster a green and digital Asia-Pacific, build an Asia-Pacific community with a shared future, and usher in another 30 golden years of development for our region.

Ladies and Gentlemen,

Friends,

Last July, the Communist Party of China held the Third Plenary Session of its 20th Central Committee, and adopted a comprehensive plan for further deepening reform across the board to advance Chinese modernization. More than 300 important reform measures were introduced at the meeting, and they will be fully implemented within five years. This will provide not only strong impetus for China's economic and social development, but also more opportunities for global development.

-- China will deepen reform comprehensively and continue to provide robust momentum for the world economy. China will build a high-standard socialist market economy, foster a fairer and more dynamic market environment, and make resource allocation as efficient and productive as possible. China is endeavoring to achieve breakthroughs in key areas such as reforming the fiscal and tax systems, building a unified national market and advancing new urbanization. It is taking targeted steps to boost consumption and increase domestic demand so as to improve the effectiveness of reforms. China has adopted a full range of major reform measures, which will give a vigorous boost to the rebounding and growth of the economy. We have full confidence in meeting the growth targets for this year and remaining the biggest engine of world economic growth.

-- China will advance high-quality development and continue to lead the efforts to improve the performance of the world economy. In the first half of this year, investment in China's high-tech manufacturing and service sectors achieved double-digit growth, and its economic structure and growth model improved steadily. China will continue to nurture new quality productive forces in line with actual conditions, promote deep integration of the real economy and digital economy, boost the service sector, further modernize infrastructure, and make industrial and supply chains more resilient. China is committed to high-quality Belt and Road cooperation, and will work with all participants to put in place a network of connectivity featuring integrated land-sea transportation and coordinated development.

-- China will stay firmly on the path of green development and continue to be an important force for global green transition. In recent years, the "green quotient" in China's social and economic development has continued to rise. China has become the first country around the world with "zero increase" in land degradation, and its newly-added area of afforestation accounts for a quarter of the global total. China is actively expanding new energy sectors and facilitating international cooperation on green mining. It has achieved one of the world's fastest rates of energy intensity reduction. China's wind and solar power products have helped other countries reduce about 810 million tons of carbon dioxide emissions, and enabled them to access clean, reliable and affordable energy. All this has been an important part of the global effort to address climate change.

-- China will build new, open and higher-standard economic systems and continue to share China's development opportunities with the world. Opening up is a defining feature of Chinese modernization. Since the start of this year, China has lifted all restrictions on foreign investment in manufacturing, and established for the first time a nationwide negative-list system for cross-border trade in services. We have taken systematic steps to further open the telecom, Internet, education, culture, medical service and other sectors. We have also taken the initiative to apply high international standards of economic and trade rules, including those in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the Digital Economy Partnership Agreement (DEPA), as part of our plan to steadily enhance institutional opening up. We have expanded the coverage of the 144-hour visa-free transit policy to facilitate inbound visits to China, and "Travel to China" is getting very popular around the world. Going forward, China will introduce more policies for voluntary and unilateral opening up, expand its globally-oriented network of high-standard free trade areas, and open its door even wider to the world.

Ladies and Gentlemen,

Friends,

As an ancient Chinese scholar said, "When eating fruits, one should remember the tree; When drinking water, one should remember the source." China's development is inseparable from the Asia-Pacific, and it will in turn further benefit the region. As a Latin American proverb goes, "Just as a ship is powered by its sails, people are inspired by their hearts." I am pleased to learn that "From Chancay to Shanghai" has become a fashionable saying in Peru, an echo to the China Ships that arrived here over 500 years ago. This fully shows that as long as we act in the spirit of openness and connectivity, the vast Pacific will become a thoroughfare for more prosperity and growth. Let us enhance our solidarity and cooperation, stand up together to the global challenges, jointly build a community with a shared future for mankind, and form a mighty force for the common prosperity of the world and a brighter future for humanity.

Thank you.