Commentary: Asia-Pacific Development

Openness, innovation and inclusiveness the way forward for APEC: commentary

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Shotlist


Beijing, China - Nov 19, 2018 (CCTV - No access Chinese mainland)
1. Screenshot of China Media Group (CMG) commentary on chinaplus.cri.cn
2. Screenshot of CMG commentary highlighting Chinese President Xi Jinping's proposals at Asia-Pacific Economic Cooperation (APEC) Leaders' Meeting in Papua New Guinea

Port Moresby, Papua New Guinea - Nov 17, 2018 (Host Broadcaster - No access Chinese mainland/Papua New Guinea/No archive)
3. Xi walking onto stage at APEC CEO Summit
4. Attendees applauding
5. Xi walking to rostrum
6. Xi speaking
7. APEC leaders, spouses posing for group photo

Beijing, China - Nov 19, 2018 (CCTV - No access Chinese mainland)
8. Animation showing importance of openness for Asia-Pacific Region
9. Screenshot of CMG commentary highlighting Xi's emphasis on open trade, investment

Port Moresby, Papua New Guinea - Recent (CGTN - No access Chinese mainland)
10. Various of APEC signs in meeting hall

FILE: Shanghai Municipality, east China - Oct 8, 2018 (CCTV - No access Chinese mainland)
11. Various of flags of participating countries, regions in first China International Import Expo (CIIE)

Shanghai Municipality, east China - Recent (CGTN - No access Chinese mainland)
12. Various of CIIE sign
13. Various of exhibition, visitors

Beijing, China - Nov 19, 2018 (CCTV - No access Chinese mainland)
14. Animation showing importance of innovation for Asia-Pacific cooperation
15. Screenshot of CMG commentary highlighting Xi's emphasis on digital economy

FILE: China - Exact Date and Location Unknown (CCTV - No access Chinese mainland)
16. Various of customers using mobile payment service

Beijing, China - Nov 19, 2018 (CCTV - No access Chinese mainland)
17. Animation showing importance of inclusiveness for Asia-Pacific development
18. Screenshot of CMG commentary highlighting Xi's emphasis on inclusiveness

FILE: Guangdong-Hong Kong-Macao Greater Bay Area - Date Unknown (CCTV - No access Chinese mainland)
19. Aerial shots of Hong Kong-Zhuhai-Macao Bridge

FILE: China - Exact Date and Location Unknown (CCTV - No access Chinese mainland)
20. Various of high-speed trains running

Port Moresby, Papua New Guinea - Nov 16, 2018 (CCTV - No access Chinese mainland)
21. Various of China-aided Independence Boulevard, national flags of China, Papua New Guinea

FILE: Piraeus, Greece - Date Unknown (CCTV - No access Chinese mainland)
22. Flags at China-invested Port of Piraeus
23. National flags of Greece (L), China (R)
24. Ships at port

FILE: Geneva, Switzerland - July 26, 2018 (CCTV - No access Chinese mainland)
25. Various of WTO headquarters, WTO logo

Beijing, China - Nov 19, 2018 (CCTV - No access Chinese mainland)
26. Screenshot of CMG commentary highlighting Asia-Pacific future development

FILE: China - Exact Date and Location Unknown (CCTV - No access Chinese mainland)
27. Various of containers, ships at port

Storyline


Openness, innovation and inclusiveness are three boosters that will propel the future of Asia-Pacific cooperation, said an article carried on the website of China Radio International (CRI) under the China Media Group (CMG) on Monday.

The article is an edited translation of a commentary from the Chinese-language "Commentaries on International Affairs."

The following is the full text of the translated article.

The 26th APEC Leaders' Summit concluded in the South Pacific island nation of Papua New Guinea (PNG) on Sunday, November 18th. During the two-day meeting, Asia-Pacific economies set out from the main theme "Harnessing Inclusive Opportunities, Embracing the Digital Future" and reached important consensus on promoting connectivity, developing the regional free trade area, embracing the digital economy and setting new targets beyond the Bogar Goals.

Notably, Chinese President Xi Jinping made a five-point proposal on openness, development, inclusiveness, innovation and a rules-based approach. Widely recognized by the participants, the proposal is expected to propel future Asia-Pacific cooperation with the following three boosters:

First of all, the future of the Asia-Pacific Region lies in openness.

The Asia-Pacific Region has once again reached a crossroads of history: on the one hand, the region enjoys tremendous benefits from economic globalization, technological innovation and industrial advancement; on the other, the rising anti-globalization sentiment and the escalating trade disputes are stacking uncertainties and instabilities on its path of development. During the APEC meeting, President Xi Jinping introduced a strategy in line with mainstream global development, calling on all Asia-Pacific economies to double down on openness and free and open trade and investment.

Take China as an example. At the first China International Import Expo just concluded in Shanghai, China inked deals worth 57.8 billion US dollars with exhibitors from around the world. By sharing concrete benefits from its open market, China has demonstrated that the path of isolation leads nowhere. The leaders of the APEC economies at the PNG meeting have expressed their commitment to safeguarding the multilateral trade system and upholding the roles of the World Trade Organization. Such consensus is pivotal to ensuring the Asia-Pacific region navigates the right course.

Secondly, the key of Asia-Pacific cooperation is found in innovation.

The digital economy has currently become the fusion core of the latest round of global industrial advancement. For many years, APEC members have drafted their strategies and blueprints to promote the digital economy, hoping to catch the fast train of development. However, 35 percent of APEC economies still face challenges from an adverse digital environment and under-developed technologies.

The 2014 APEC Beijing Summit introduced the concept of the Internet Economy into the APEC framework for the first time; in 2017, APEC Vietnam drafted the APEC Internet and Digital Economy Roadmap; this year, the summit calls for "Embracing the Digital Future," and has made important progress in building the Asia-Pacific Model E-port Network and an APEC Trade in Value Added Database. The digital economy is fast becoming the future booster of APEC development.

As such, President Xi Jinping noted that "the digital economy represents the development of the future for both the Asia-Pacific region and the world at large," calling for efforts to "explore new growth drivers and development paths" and "to promote the building of digital infrastructure and capacity, make digital economy more accessible." These calls demonstrate China’s penetrating judgment on the future, as well as China's willingness to share the benefits of its development with the Asia-Pacific region and the world.

As a matter of fact, China's experience in developing its sharing economy, online retailing and mobile payment can prove beneficial to other APEC economies. For instance, Chinese companies helped the construction of a fiber optic backbone transmission network in Papua New Guinea, which connected 14 coastal provinces in the country. Representatives attending the APEC meeting also spoke highly of China's e-commerce sector. Ivan Pomaleu, 2018 Chair of APEC Senior Officials, believes China's booming internet economy has a unique impact in this field.

Thirdly, the development of the Asia-Pacific requires inclusiveness.

One of the challenges the Asia-Pacific region faces is insufficient inclusiveness among its diverse population. The eagerness to develop the digital economy and the shortage of digital infrastructure, technology and talents in some APEC countries are the reason for "harnessing inclusive opportunities," one of the focuses of this year's meeting.

That's why President Xi Jinping called on all countries to "turn the connectivity blueprint into reality," aiming to make regional development more balanced, growth more sustainable, opportunities more equal and societies more inclusive.

Connectivity lays the foundation of inclusive and interconnected development. The Belt and Road Initiative is a good example. In 2017, China's trade with the Belt and Road countries was valued at 1.44 trillion U.S. dollars, creating 244,000 local jobs. Five years on, cooperation within the framework of the Belt and Road Initiative has entered a new phase of full implementation. Canadian Prime Minister Justin Trudeau, who also attended the meeting, said that the infrastructure investment projects underway around the world can provide all countries with new markets, new resources and new opportunities.

As the world economy undergoes rapid changes, Asia-Pacific cooperation will face various challenges. Only if all economies adhere to openness, innovation and inclusiveness, and stay committed to the shared goal of common development, address differences through consultation and explore solutions to common challenges, can the Asia-Pacific ship sail to a brighter future.

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  • ID : 8096176
  • Dateline : Nov 19, 2018/Recent/File
  • Location : China Papua New Guinea
  • Category : economy, business and finance
  • Duration : 5'08
  • Audio Language : Nats/Part Mute
  • Source : China Central Television (CCTV)
  • Restrictions : No access Chinese mainland
  • Published : 2018-11-19 16:50
  • Last Modified : 2018-11-20 11:41:00
  • Version : 6
  • ID : 8096176
  • Dateline : 17/19 nov. 2018/Récent/Archives
  • Location : Chine
  • Category : economy, business and finance
  • Duration : 5'08
  • Audio Language : Nats/Partiellement muet
  • Source : China Central Television (CCTV),China Global Television Network (CGTN),Other
  • Restrictions : Pas d’accès dans la partie continentale de Chine Pas d’accès dans la partie continentale de Chine/en Papouasie-Nouvelle-Guinée/Pas d'archivage
  • Published : 2018-11-19 16:52
  • Last Modified : 2018-11-20 11:41:00
  • Version : 6
  • ID : 8096176
  • Dateline : 19 نوفمبر 2018/الأيام الأخيرة/أرشيف
  • Location : الصين بابوا غينيا الجديدة
  • Category : economy, business and finance
  • Duration : 5'08
  • Audio Language : بعضها بلا صوت طبيعي
  • Source : China Central Television (CCTV),China Global Television Network (CGTN)
  • Restrictions : see shotlist
  • Published : 2018-11-19 18:42
  • Last Modified : 2018-11-20 11:41:00
  • Version : 6
  • ID : 8096176
  • Dateline : 19 ноя 2018/Недавнее/Архив
  • Location : Китай
  • Category : economy, business and finance
  • Duration : 5'08
  • Audio Language : Естественный звук/Частично немое
  • Source : China Central Television (CCTV),China Global Television Network (CGTN)
  • Restrictions : Недоступно материковой части Китая
  • Published : 2018-11-19 19:30
  • Last Modified : 2018-11-20 11:41:00
  • Version : 6
  • ID : 8096176
  • Dateline : 19 nov. 2018/Reciente/Archivo
  • Location : China
  • Category : economy, business and finance
  • Duration : 5'08
  • Audio Language : Nats/Parte Muda
  • Source : China Central Television (CCTV)
  • Restrictions : No acceso a la parte continental de China
  • Published : 2018-11-19 19:46
  • Last Modified : 2018-11-20 11:41:00
  • Version : 6
  • ID : 8096176
  • Dateline : 2018年11月19日/最近/資料
  • Location : 中国
  • Category : economy, business and finance
  • Duration : 5'08
  • Audio Language : 自然音声/一部音声なし
  • Source : China Central Television (CCTV),China Global Television Network (CGTN),Other
  • Restrictions : 中国大陸での使用は不可
  • Published : 2018-11-19 19:59
  • Last Modified : 2018-11-20 11:41:00
  • Version : 6

Commentary: Asia-Pacific Development

Openness, innovation and inclusiveness the way forward for APEC: commentary

Dateline : Nov 19, 2018/Recent/File

Location : China Papua New Guinea

Duration : 5'08

  • English
  • Français
  • العربية
  • Pусский
  • Español
  • 日本語


Beijing, China - Nov 19, 2018 (CCTV - No access Chinese mainland)
1. Screenshot of China Media Group (CMG) commentary on chinaplus.cri.cn
2. Screenshot of CMG commentary highlighting Chinese President Xi Jinping's proposals at Asia-Pacific Economic Cooperation (APEC) Leaders' Meeting in Papua New Guinea

Port Moresby, Papua New Guinea - Nov 17, 2018 (Host Broadcaster - No access Chinese mainland/Papua New Guinea/No archive)
3. Xi walking onto stage at APEC CEO Summit
4. Attendees applauding
5. Xi walking to rostrum
6. Xi speaking
7. APEC leaders, spouses posing for group photo

Beijing, China - Nov 19, 2018 (CCTV - No access Chinese mainland)
8. Animation showing importance of openness for Asia-Pacific Region
9. Screenshot of CMG commentary highlighting Xi's emphasis on open trade, investment

Port Moresby, Papua New Guinea - Recent (CGTN - No access Chinese mainland)
10. Various of APEC signs in meeting hall

FILE: Shanghai Municipality, east China - Oct 8, 2018 (CCTV - No access Chinese mainland)
11. Various of flags of participating countries, regions in first China International Import Expo (CIIE)

Shanghai Municipality, east China - Recent (CGTN - No access Chinese mainland)
12. Various of CIIE sign
13. Various of exhibition, visitors

Beijing, China - Nov 19, 2018 (CCTV - No access Chinese mainland)
14. Animation showing importance of innovation for Asia-Pacific cooperation
15. Screenshot of CMG commentary highlighting Xi's emphasis on digital economy

FILE: China - Exact Date and Location Unknown (CCTV - No access Chinese mainland)
16. Various of customers using mobile payment service

Beijing, China - Nov 19, 2018 (CCTV - No access Chinese mainland)
17. Animation showing importance of inclusiveness for Asia-Pacific development
18. Screenshot of CMG commentary highlighting Xi's emphasis on inclusiveness

FILE: Guangdong-Hong Kong-Macao Greater Bay Area - Date Unknown (CCTV - No access Chinese mainland)
19. Aerial shots of Hong Kong-Zhuhai-Macao Bridge

FILE: China - Exact Date and Location Unknown (CCTV - No access Chinese mainland)
20. Various of high-speed trains running

Port Moresby, Papua New Guinea - Nov 16, 2018 (CCTV - No access Chinese mainland)
21. Various of China-aided Independence Boulevard, national flags of China, Papua New Guinea

FILE: Piraeus, Greece - Date Unknown (CCTV - No access Chinese mainland)
22. Flags at China-invested Port of Piraeus
23. National flags of Greece (L), China (R)
24. Ships at port

FILE: Geneva, Switzerland - July 26, 2018 (CCTV - No access Chinese mainland)
25. Various of WTO headquarters, WTO logo

Beijing, China - Nov 19, 2018 (CCTV - No access Chinese mainland)
26. Screenshot of CMG commentary highlighting Asia-Pacific future development

FILE: China - Exact Date and Location Unknown (CCTV - No access Chinese mainland)
27. Various of containers, ships at port


Openness, innovation and inclusiveness are three boosters that will propel the future of Asia-Pacific cooperation, said an article carried on the website of China Radio International (CRI) under the China Media Group (CMG) on Monday.

The article is an edited translation of a commentary from the Chinese-language "Commentaries on International Affairs."

The following is the full text of the translated article.

The 26th APEC Leaders' Summit concluded in the South Pacific island nation of Papua New Guinea (PNG) on Sunday, November 18th. During the two-day meeting, Asia-Pacific economies set out from the main theme "Harnessing Inclusive Opportunities, Embracing the Digital Future" and reached important consensus on promoting connectivity, developing the regional free trade area, embracing the digital economy and setting new targets beyond the Bogar Goals.

Notably, Chinese President Xi Jinping made a five-point proposal on openness, development, inclusiveness, innovation and a rules-based approach. Widely recognized by the participants, the proposal is expected to propel future Asia-Pacific cooperation with the following three boosters:

First of all, the future of the Asia-Pacific Region lies in openness.

The Asia-Pacific Region has once again reached a crossroads of history: on the one hand, the region enjoys tremendous benefits from economic globalization, technological innovation and industrial advancement; on the other, the rising anti-globalization sentiment and the escalating trade disputes are stacking uncertainties and instabilities on its path of development. During the APEC meeting, President Xi Jinping introduced a strategy in line with mainstream global development, calling on all Asia-Pacific economies to double down on openness and free and open trade and investment.

Take China as an example. At the first China International Import Expo just concluded in Shanghai, China inked deals worth 57.8 billion US dollars with exhibitors from around the world. By sharing concrete benefits from its open market, China has demonstrated that the path of isolation leads nowhere. The leaders of the APEC economies at the PNG meeting have expressed their commitment to safeguarding the multilateral trade system and upholding the roles of the World Trade Organization. Such consensus is pivotal to ensuring the Asia-Pacific region navigates the right course.

Secondly, the key of Asia-Pacific cooperation is found in innovation.

The digital economy has currently become the fusion core of the latest round of global industrial advancement. For many years, APEC members have drafted their strategies and blueprints to promote the digital economy, hoping to catch the fast train of development. However, 35 percent of APEC economies still face challenges from an adverse digital environment and under-developed technologies.

The 2014 APEC Beijing Summit introduced the concept of the Internet Economy into the APEC framework for the first time; in 2017, APEC Vietnam drafted the APEC Internet and Digital Economy Roadmap; this year, the summit calls for "Embracing the Digital Future," and has made important progress in building the Asia-Pacific Model E-port Network and an APEC Trade in Value Added Database. The digital economy is fast becoming the future booster of APEC development.

As such, President Xi Jinping noted that "the digital economy represents the development of the future for both the Asia-Pacific region and the world at large," calling for efforts to "explore new growth drivers and development paths" and "to promote the building of digital infrastructure and capacity, make digital economy more accessible." These calls demonstrate China’s penetrating judgment on the future, as well as China's willingness to share the benefits of its development with the Asia-Pacific region and the world.

As a matter of fact, China's experience in developing its sharing economy, online retailing and mobile payment can prove beneficial to other APEC economies. For instance, Chinese companies helped the construction of a fiber optic backbone transmission network in Papua New Guinea, which connected 14 coastal provinces in the country. Representatives attending the APEC meeting also spoke highly of China's e-commerce sector. Ivan Pomaleu, 2018 Chair of APEC Senior Officials, believes China's booming internet economy has a unique impact in this field.

Thirdly, the development of the Asia-Pacific requires inclusiveness.

One of the challenges the Asia-Pacific region faces is insufficient inclusiveness among its diverse population. The eagerness to develop the digital economy and the shortage of digital infrastructure, technology and talents in some APEC countries are the reason for "harnessing inclusive opportunities," one of the focuses of this year's meeting.

That's why President Xi Jinping called on all countries to "turn the connectivity blueprint into reality," aiming to make regional development more balanced, growth more sustainable, opportunities more equal and societies more inclusive.

Connectivity lays the foundation of inclusive and interconnected development. The Belt and Road Initiative is a good example. In 2017, China's trade with the Belt and Road countries was valued at 1.44 trillion U.S. dollars, creating 244,000 local jobs. Five years on, cooperation within the framework of the Belt and Road Initiative has entered a new phase of full implementation. Canadian Prime Minister Justin Trudeau, who also attended the meeting, said that the infrastructure investment projects underway around the world can provide all countries with new markets, new resources and new opportunities.

As the world economy undergoes rapid changes, Asia-Pacific cooperation will face various challenges. Only if all economies adhere to openness, innovation and inclusiveness, and stay committed to the shared goal of common development, address differences through consultation and explore solutions to common challenges, can the Asia-Pacific ship sail to a brighter future.

ID : 8096176

Published : 2018-11-19 16:50

Last Modified : 2018-11-20 11:41:00

Source : China Central Television (CCTV)

Restrictions : No access Chinese mainland

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