President’s remarks reflect China’s multilateralism resolve, analysts say 

President Xi Jinping’s speeches at the APEC CEO Summit and the APEC Economic Leaders’ Meeting reflect China’s firm belief in multilateralism and people-centered development, addressing imbalances and fostering shared prosperity, analysts said.

They said his call for building a green and digital Asia-Pacific exemplifies China’s forward-thinking approach to fostering a sustainable future while continuing the nation’s role as a major engine of global economic growth.

Tahir Farooq, editor-in-chief at Daily Ittehad Media Group and Pakistan Economic Net, described the speeches as a bold and visionary road map for advancing inclusive and sustainable economic globalization. “By championing the principles of shared planning, mutual benefit, and equal representation, President Xi is calling for a reformed global economic governance system that empowers the Global South and ensures equal opportunities for all nations,” he said.

Erik Solheim, former executive director of the United Nations Environment Programme, said the president stressed win-win opportunities in the Asia-Pacific, with focus on green development and open trade.

Jasim Husain, a Gulf analyst and former member of Bahrain’s parliament, said Xi’s remarks at the summit are an extraordinary recognition of the importance of economic globalization.

Khalid Taimur Akram, executive director of the Pakistan Research Center for a Community with Shared Future in Islamabad, said Xi “reinforces a commitment to fostering a balanced global economic system where prosperity is shared rather than concentrated.”

Luigi Gambardella, president of ChinaEU, a Brussels-based association promoting digital and high-tech cooperation between Chinese and European firms, said Xi’s “call to tear down barriers to the free flow of trade, investment technology, and services is not just a call for economic efficiency, it is a call for resilience and shared prosperity”.

Stephen Ndegwa, executive director of South-South Dialogues, a Nairobi-based communications development think tank, said Xi called for balanced and forward-looking globalization. “Addressing pressing issues of fragmentation and unilateralism in global economic systems, Xi positioned China as a steadfast advocate for multilateralism, equity, and innovation-driven growth,” he said.

Adhere Cavince, a scholar of international relations with a focus on China-Africa development cooperation, said that China, like many developing countries around the world, has experienced the impacts of unequal, unjust, and less inclusive global governance systems. “It is for this reason that many countries, particularly in the Global South, identify with Beijing’s advocacy for the reforms of global economic governance frameworks,” he said.

Jan Yumul in Hong Kong contributed to this story.

Contact the writers at vivienxu@chinadailyapac.com