Xi puts forward five-point proposal for building Asia-Pacific community

Chinese President Xi Jinping on Friday put forward a five-point proposal for promoting a universally beneficial and inclusive economic globalization and building an Asia-Pacific community. Xi made the proposal in his speech titled "Building an Inclusive Open Asia-Pacific Economy for All" at the first session of the 32nd APEC Economic Leaders' Meeting.

He said China is working with various parties to promote the high-quality development of the Belt and Road Initiative, and is committed to common development and shared prosperity with all countries. Xi emphasized that China always pursues the basic state policy of opening up and has taken real steps to promote an open world economy.