China advocates APEC leadership in economic globalization despite setbacks

The economic leaders' meeting continued in the afternoon and President Xi gave a speech calling on the APEC members to boost sustainable, inclusive, green and interconnected development.

He said that China had released its plan for the implementation of the 2030 Agenda for Sustainable Development, and the country will pursue a development path of innovation, coordination, green, openness and sharing to continue to make contributions to the global and the Asia-Pacific development.

The APEC economic leaders agreed to build an open economy in the region, oppose protectionism, advance the FTAAP process and boost connectivity, thus injecting new impetus into the Asia-Pacific and global growth.

They also agreed that the outcomes of the previous meetings should be earnestly implemented and future cooperation be well planned for the sake of the long-term prosperity in the Asia-Pacific.

A declaration was issued after the annual economic leaders' meeting.

Also on Sunday, President Xi, along with other economic leaders, attended a dialogue with International Monetary Fund Managing Director Christine Lagarde who gave a briefing on global economic situation.

Xi expounded China's view on the world economy and reaffirmed the country's resolve to boost reform and its confidence in the prospects of development.

The Chinese president arrived in Peru on Friday to attend the APEC Economic Leaders' Meeting and pay his first state visit to the Latin American country.

The APEC meeting, hosted by Peruvian President Pedro Pablo Kuczynski, took place Saturday and Sunday in Lima, capital of Peru, under the theme of "Quality Growth and Human Development."