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As the APEC conference begins, China promises a bio-circular, green economy.

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Leaders from APEC member nations convened in person for the first time in four years at the start of the 29th APEC Summit, which began on Friday in Thailand.

The capital of Thailand, Bangkok, has already welcomed leaders from member nations for the summit, which has the slogan “Open, Connect, Balance.”

They are anticipated to examine the economic and climatic issues in the region over the course of the two-day summit.

According to the Bangkok Post, Thailand’s Prime Minister and APEC host Prayut Chan-o-cha said he wants this week’s gathering to focus on how leaders can aid in the shift to sustainable economic growth and development.

The summit is being attended by leaders and representatives from 21 APEC nations and territories, including Chinese President Xi Jinping, French President Emmanuel Macron, US Vice President Kamala Harris, Japanese Prime Minister Fumio Kishida, Singaporean Prime Minister Lee Hsien Loong, and Philippine President Ferdinand R. Marcos Jr.

The APEC leaders are gathering in person for the first time since 2018.

Chinese President Xi called on the summit’s participants to work together to forge an Asia-Pacific community with a common future and advance regional cooperation.

According to a transcript made available by the Chinese Foreign Ministry, Xi said, “We should always assume the vision of common, comprehensive, cooperative, and sustainable security, and respect the sovereignty and territorial integrity of all countries.”

He further stated that no one should meddle in the internal affairs of other nations and that everyone should respect the social structure and growth path that each nation’s citizens have unilaterally chosen.

In addition to encouraging the peaceful resolution of conflicts and disputes among nations through conversation and consultation, he added that we should take seriously each country’s legitimate security concerns.

He reaffirmed that China is prepared to assist the Bangkok Goals on Bio-Circular-Green (BCG) Economy as the world grapples with climate change.

He stated that in order to progress the transition and upgrading of the energy, resource, industrial, and consumer structures as well as to promote green economic and social growth, it is important that economic and technological cooperation be strengthened.

He stressed the need to keep APEC in its position as the major forum for interregional cooperation and to guide Asia-Pacific cooperation in the correct path.

We must uphold the values of our Asia-Pacific family, care for one another as fellow travelers, and steadily advance toward an Asia-Pacific community with a common future, according to Xi.

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