The 1616 APEC Business Leaders Summit washeld in Lima, Peru. Chinese President Xi Jinping was invited to attend anddelivered a keynote speech entitled "Deepening the Partnership toStrengthen the Development Momentum", emphasizing that the Asia-Pacificwill inject new impetus into the world economic recovery and open a new pathfor world economic growth.

This speech introduces more than fourthousand words, describes China's recent years of development and contributionto the world economy, as well as the development of a period of time in thefuture is expected to clarify China's Asia-Pacific cooperation in the developmentof judgments, positions and recommendations on the world economic recovery Putforward the Chinese program, speak very thoroughly, a lot of dry goods, worthreading.

◎ Xi Jinping on the global economy to make judgments: recovery isstill weak, economic globalization encountered twists and turns

Xi Jinping said that it is generallybelieved that the global economic recovery is still weak, lack of growthmomentum, economic globalization encountered twists and turns, trade andinvestment downturn, global challenges intensify the world economicuncertainty.

◎ Where does the Asia-Pacific cooperation route go? Xi Jinping putforward four key words

First, to promote economic integration,building an open economy.

Second, to promote interoperability, toachieve joint development.

Third, to promote reform and innovation,enhance endogenous motivation.

Fourth, to promote cooperation and win-winsituation, deepen the partnership.

◎ China can do for the world economic recovery? There are four pointsof focus

During the years following theinternational financial crisis, China contributed nearly 40% to the globaleconomy and played an important supporting role in the recovery of the worldeconomy. In recent years, China's economy has encountered some difficulties andchallenges in the context of weak economic growth in the world. We areconfident that the initiative to adjust, economic growth is still the forefrontof the major economies, the contribution of the world's economic growth rateremained at 25% or more.

Xi Jinping said that the current and futureperiod, China will focus on the following aspects to take measures to promoteeconomic development.

First, focus on promoting the supply sideof the structural reform, accelerate the transformation of economicdevelopment.

We are in the appropriate expansion ofaggregate demand at the same time, with the reform approach to promotestructural adjustment, to promote industrial restructuring and reorganization,optimize the allocation of elements to enhance the supply structure of thechanges in demand and flexibility, sustained and healthy development of theeconomy to provide a steady endogenous power.

Second, efforts to promote innovation anddevelopment, to achieve the old and new energy conversion.

We will accelerate the integration ofproduction and research depth, so that institutions, personnel, markets, fundsare fully active, the formation of innovation and development to promote thestrong vitality. We will promote the development of new technologies, newindustries and new formats, so that the fruits of innovation into real economicactivities, nurturing the development of new impetus.

Third, efforts to promote high-leveltwo-way open, adhere to mutual benefit and win-win situation.

I have repeatedly stressed that China'sopening door will never shut, only the more open the greater the bigger. Wewill implement a more active and open strategy to create a more comprehensive,more in-depth, more diverse opening up the pattern. We will increase theliberalization of foreign investment, promote the construction of high-levelhigh-standard free trade pilot area, improve the rule of law, facilitate theinternational business environment, and promote foreign-funded enterprisesequally, fair competition.

Fourth, focus on achieving shareddevelopment, green development, and enhance people's well-being.

We will improve the redistributionadjustment mechanism, in the big cake at the same time a good cake, expand themiddle income groups. We will vigorously promote the fight against poverty, by2020 to ensure that the current standard of 55.75 million rural poor all out ofpoverty.

Latest figures! Xi Jinping said: China'snext five years outbound tourism will reach 700 million people

China's economic development prospects arebright. China's development is an opportunity for the world. It is expectedthat China's total imports will reach US $ 8 trillion in the next five years,with total foreign investment of US $ 600 billion, total foreign investment ofUS $ 750 billion and outbound tourism will reach 700 million. This will providethe world with a broader market, more capital, richer products, more valuablecooperation opportunities. (People's Daily Client Dong Yu finishing)

【Full text】

Deepen the partnership to enhance thedevelopment momentum

- Keynote presentations at the APECBusiness Leaders' Summit

(Lima, November 19, 2016)

President of the People 's Republic ofChina Xi Jinping

Mr. Bustamante,

Representatives of Asia-Pacific businesscommunity,

Ladies and gentlemen, friends:

It was nice to meet with you in thebeautiful Lima. China and Peru are far apart, "English and ChineseDictionary" has a word called "from China to Peru", meaning totravel all over the world. Today, we traveled to Lima, the common goal is toexplore the development of Asia-Pacific ideas and initiatives.

Two months ago, the leaders of the Group ofTwenty were successfully held in Hangzhou. I work with leaders of the countryto discuss in depth the outstanding problems facing the world economy and forma number of important consensus. It is generally believed that the globaleconomic recovery is still weak, lack of growth momentum, economicglobalization, twists and turns, trade and investment downturn, globalchallenges intensify the world economic uncertainty. In the face of risks andchallenges, the parties should carry forward the spirit of cooperation, win-wincooperation, strengthen macroeconomic policy coordination, innovate economicgrowth mode, build an open world economy, promote strong, sustainable, balancedand inclusive growth.

At present, the Asia-Pacific overall tomaintain a balanced development trend, but also face challenges, in thedevelopment of key when the mouth. As the largest and most dynamic region ofthe global economy, the Asia-Pacific should be courageous and play a leadingrole in taking effective action to inject new impetus into the world economicrecovery and open up new ways for world economic growth.

First, to promote economic integration,building an open economy. Opening is the lifeline of the Asia-Pacific economy.For more than 20 years, APEC members have adhered to trade liberalization andfacilitation, with an average annual growth of 8% in trade volume, more thandouble that of the same period of economic growth, providing stability forAsia-Pacific economic growth. In recent years, the development of internationaltrade into the downturn. The World Trade Organization expects global tradegrowth this year may be the fifth consecutive year below the economic growth.Asia and the Pacific face the same pressure, but also need to address theregional economic cooperation fragmentation and other challenges. Any regionaltrade arrangement to obtain broad support, must adhere to open, inclusive,Pratt & Whitney, win-win situation. We should build a framework forregional cooperation, equal participation, common participation and universalbenefit, and closed and exclusive arrangements are not the right choice.

The construction of the Asia-Pacific FreeTrade Zone is a strategic initiative related to the long-term prosperity of theAsia-Pacific region. The business community friends call it the "APECdream". We must firmly promote the construction of the Asia-Pacific FreeTrade Zone, Asia-Pacific open economy to provide institutional protection. Torevitalize the role of trade and investment engine, to enhance the openness andinclusiveness of free trade arrangements, and to maintain the multilateraltrading system.

At present, there are many discussionsaround economic globalization, supporters have, the questioner also have. Ingeneral, economic globalization is in line with economic laws and is in theinterests of all parties. At the same time, economic globalization is adouble-edged sword, both for the global development to provide strong momentum,but also bring some new new challenges, need to seriously face. A new round oftechnology and industrial revolution is the birth of the international divisionof labor system to accelerate the evolution of the global value chain depthremodeling, which give economic globalization to give new meaning. APEC wasestablished in the period of continuous economic globalization, the developmentof Asia-Pacific achievements and economic globalization are inseparable. Wemust understand and grasp their own development and external environment,interactive changes, capture new opportunities, positioning new roles, thecreation of new advantages. At the same time, globalization also puts forwardnew problems that need further study. We should actively guide the developmentdirection of economic globalization, focus on solving the problems of fairnessand justice, make the process of economic globalization more dynamic, moreinclusive, more sustainable, and enhance the general public's sense ofparticipation , A sense of happiness, a sense of happiness.

Second, to promote interoperability, toachieve joint development. Interconnection is an important means to release thedevelopment potential, but also to achieve the basis of linkage developmentpremise. We want to promote the establishment of covering the entireAsia-Pacific all-round, complex interoperability network. This year, theAsia-Pacific Economic Cooperation (APEC) meeting will be held back to LatinAmerica over a period of eight years. We will take this opportunity to promotethe interconnection of cross-strait interconnection between the two sides ofthe Pacific to radiate and promote the development of the real economy in awider range. We must thoroughly implement the interconnection blueprintdeveloped by the Beijing Conference, improve the infrastructure of theinfrastructure, system regulations and personnel exchanges, and ensure the goalof achieving full integration in 2025.

3 years ago, I put forward is tointeroperability as the focus, to promote the free flow of factors ofproduction to facilitate the flow, to create a multi-platform, to achievewin-win and shared development. Up to now, a total of more than 100 countriesand international organizations to actively participate in and support theformation of like-minded, friendly and friendly, vibrant "circle offriends." Asia Infrastructure Investment Bank opened operations, Silk RoadFund successfully formed, a large number of major projects put into practice,resulting in huge economic and social benefits. China will work together withall parties to uphold the principle of sharing and sharing policies to promotepolicy communication, road Unicom, trade flow, currency circulation, popularcontacts, to achieve the development strategy docking, deepen mutuallybeneficial cooperation for regional economic development and livelihoodimprovement Strong power. We welcome all parties to participate in cooperation,share opportunities, meet the challenges, and seek common development.

Third, to promote reform and innovation,enhance endogenous motivation. Asia-Pacific development today, every step mustbe to the reform to power, to innovation to vitality. Reform and innovation isa good thing, it is difficult. "There is no greater difficulty than thelack of will," said the Chinese proverb. In 2014, APEC leaders in Beijingapproved the "economic innovation and development, reform and growthconsensus" for the Asia-Pacific region to take the road of innovation anddevelopment direction. This year, the leaders of the Group of Twenty leadersthrough the "blueprint for innovation and growth", emphasizing theimportance of reform and innovation, to develop specific action plans.

Asia-Pacific members to implement theseconsensus and principles, to promote the transformation of the mode ofdevelopment, determined to use the reform to promote economic restructuring,improve the total factor productivity. We should strengthen macroeconomicpolicy coordination, strengthen the structural reform, and strengthen thepositive spillover effect. To accelerate the development of ideas, models, pathinnovation, to stimulate social creativity and market vitality, to promote theindustry and products to the global value chain in the high-end leap, expandthe development of new space.

Fourth, to promote cooperation and win-winsituation, deepen the partnership. Partnerships are an important link forAsia-Pacific cooperation and an inevitable choice for a common response tocurrent challenges. We all think that the 21st century is the Asia-Pacificcentury, but happiness will not fall from the sky. Two years ago, APEC leadersreviewed the 25-year cooperation process and proposed the guiding principlesfor building the Asia-Pacific partnership. Last year, we stressed in Manilathat we should uphold the concept of Asia-Pacific partnership and carry forwardthe spirit of mutual trust, tolerance, cooperation and win-win situation.

We want to deepen the consciousness of thefate of the community, so that each other closer and closer, rather than driftaway. To continuously enhance the depth and breadth of regional cooperation,build a platform to jointly develop rules, sharing the development of theresults, should not be apart from each other, mutual exclusion. We mustparticipate in equal participation and fully consult, and we will help eachother and develop together so as to create a healthy and stable developmentenvironment and prevent any factors from interfering with the Asia-Pacificdevelopment process.

Ladies and gentlemen, friends!

To achieve the common development andprosperity of the Asia-Pacific region, the need to strengthen regionalcooperation, but also need every member to pay action. As the most populousdeveloping country, China to maintain stable and healthy economic development,a strong driving the Asia-Pacific and global economic growth. During the yearsfollowing the international financial crisis, China contributed nearly 40% tothe global economy and played an important supporting role in the recovery ofthe world economy. In recent years, China's economy has encountered somedifficulties and challenges in the context of weak economic growth in theworld. We are confident that the initiative to adjust, economic growth is stillthe forefront of the major economies, the contribution of the world's economicgrowth rate remained at 25% or more.

This year is China's implementation of the"thirteen five" planning start of the year, we actively adapt to andlead the economic development of the new normal, adhere to a comprehensivedeepening reform, adhere to innovation-driven development, speed up economicdevelopment and economic restructuring, economic operation in a reasonablerange. In the first three quarters, China's economic growth rate of 6.7%, thefinal consumption expenditure on GDP growth contribution rate of 71%, thetertiary industry added value accounted for the proportion of gross domesticproduct rose to 52.8%, unit GDP energy consumption Down 5.2% year on year, thenew urban employment of 10.67 million people, urban and rural residents incomegap continues to shrink. China's economic development and quality of the risingefficiency, new impetus is being strengthened, the new format continues toemerge, many areas of many industries are happening change, favorable factorsto further accumulate.

China is in the stage of building awell-off society in a comprehensive manner. We are guided by innovation,coordination, green, open and shared five development concepts, with the supplyside structural reform as the main line, cultivating new economic structure,strengthening new development momentum, China 's economy is steady and healthy.

Current and future periods, China willfocus on the following aspects to take measures to promote economicdevelopment.

First, focus on promoting the supply sideof the structural reform, accelerate the transformation of economicdevelopment. We will comprehensively deepen the reform of the economic system,strive to improve the system, so that the market in the allocation of resourcesplay a decisive role and better play the role of government. We are in theappropriate expansion of aggregate demand at the same time, with the reformapproach to promote structural adjustment, to promote industrial restructuringand reorganization, optimize the allocation of elements to enhance the supplystructure of the changes in demand and flexibility, sustained and healthydevelopment of the economy to provide a steady endogenous power.

Second, efforts to promote innovation anddevelopment, to achieve the old and new energy conversion. We will adhere toinnovation-driven development strategy, deepen the reform of science andtechnology system, break the ideological barriers and institutional barriers topromote the deep integration of science and technology and economic and social development,so that all sources of innovation full flow. We will accelerate the integrationof production and research depth, so that institutions, personnel, markets,funds are fully active, the formation of innovation and development to promotethe strong vitality. We will promote the development of new technologies, newindustries and new formats, so that the fruits of innovation into real economicactivities, nurturing the development of new impetus.

Third, efforts to promote high-leveltwo-way open, adhere to mutual benefit and win-win situation. I have repeatedlystressed that China's opening door will never shut, only the more open thegreater the bigger. We will implement a more active and open strategy to createa more comprehensive, more in-depth, more diverse opening up the pattern. Wewill increase the liberalization of foreign investment, promote theconstruction of high-level high-standard free trade pilot area, improve therule of law, facilitate the international business environment, and promoteforeign-funded enterprises equally, fair competition. I believe that with thecontinuous improvement of a series of major reform initiatives, China'sinvestment soft environment will be more open, more relaxed and moretransparent, for foreign-funded enterprises to share China's developmentopportunities to create more favorable conditions. We will encourage moreenterprises to go out, expand foreign investment, build a mutually beneficialwin-win cooperation platform. We will be deeply involved in the process ofeconomic globalization, support the multilateral trading system, promote theconstruction of the Asia-Pacific Free Trade Area, and promote the regionalcomprehensive economic partnership agreement to end the negotiations as soon aspossible.

Fourth, focus on achieving shareddevelopment, green development, and enhance people's well-being. "Thevoice of the people is the voice of God." It is up to the people to sharethe fruits of development that conform to the people's longing for a better life."The proverb is" We will improve the redistribution adjustmentmechanism, in the big cake at the same time a good cake, expand the middleincome groups. We will vigorously promote the fight against poverty, by 2020 toensure that the current standard of 55.75 million rural poor all out ofpoverty. We will further promote the construction of healthy China, to providepeople with a full life cycle of health and health services. Green Mountain isthe Jinshan Yinshan, we will adhere to the sustainable development strategy topromote the development of green low-carbon cycle, the construction of skyblue, green, clear water of China, so that people really feel the ecologicalbenefits of development.

China's economic development prospects arebright. China's development is an opportunity for the world. It is expectedthat China's total imports will reach US $ 8 trillion in the next five years,with total foreign investment of US $ 600 billion, total foreign investment ofUS $ 750 billion and outbound tourism will reach 700 million. This will providethe world with a broader market, more capital, richer products, more valuablecooperation opportunities.

Ladies and gentlemen, friends!

25 years ago, China officially became amember of APEC. 25 years, China and the members of the same storm, hand in handis a focus on development, and seek common prosperity of the road, is acontinuous open, deep integration of the road, is a pioneering spirit, the roadof courage to innovate, , The common development of the road. China has beenmoving towards Asia and Asia, the Asia-Pacific is also a step by step towardChina, China has become the vast majority of APEC members of the main tradingpartners and export markets.

We all know that Latin America is theorigin of potato crops such as sweet potatoes. I have given some examples ofsweet potatoes to some Chinese entrepreneurs. The vines of the sweet potatoesextend in all directions, but its tubers are always in the base position. Thesame token, no matter what extent, China will take root in Asia-Pacific,building Asia-Pacific, the benefit of the Asia-Pacific. China is firmlycommitted to the path of peaceful development and pursuing a mutually beneficialand win-win strategy to actively promote the common development of theAsia-Pacific countries while seeking its own development and create moreopportunities for the people of the region.

The business sector is the most activeforce in the global economy and the main force to promote reform, developmentand innovation. We hope that we will be vigorous and vigorous, and we willachieve a win-win situation in cooperation, harvest fruit in our work, and makenew contributions to the Asia-Pacific and global economic development.

Finally, I wish the business leaders summita complete success!