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Chinese Premier Li Keqiang met with Indian Prime Minister Narendra Modi in Nay Pyi Taw, Myanmar, Nov. 13, 2014

VOL. XXVI No. 11 November 2014 Rs. 20.00

On October 28, 2014, Chinese Ambassador to India Mr. Le Yucheng visited the Federation of Indian Chambers of Commerce and Industry(FICCI) and discussed with Sidharth Birla, President of FICCI on economic and trade cooperation between China and India.

Chinese Ambassador Mr. Le Yucheng paid an official call to Mr. Ajit Doval, Indian National Security Advisor on November 3rd, 2014. Both sides exchanged views on how to implement the outcomes of Chinese Presidents visit to India.

On October 28,2014 Chinese Ambassador Mr. Le Yucheng met with Mr. Sarbananda Sonowal, Indian Minister of State for Youth Affairs and Sports and exchanged views with him on youth exchanges between the two countries.

Chinese Ambassador Mr.Le Yucheng(L) met with Ms. Alka Acharya , Director of the Institute of Chinese Studies(ICS) and Mr. Jabin T. Jacob, Assistant Director & Senior Fellow of ICS in Chinese Embassy on October 24, 2014.

On October 23, 2014 Mrs. Madhulika Sen(2nd L), Principal of Tagore International School (TIS) visited Chinese Embassy and met with Chinese Ambassador Mr. Le Yucheng (2nd R).

Chinese Ambassador Mr. Le Yucheng and Mr. MK Razdan, Editor-in-Chief & CEO of Press Trust of India (PTI) were watching the pictures of Chinese President Xi Jinpings India Visit on October 22,2014 in Chinese Embassy.

Chinese Ambassador to India Mr. Le Yucheng said on November 4th, 2014 in New Delhi that he believes Indian people will benefit a lot from Chinas development and the cooperation between China and India.A t a r o u n d t a b l e discussion with local scholars and experts on the upcoming APEC China 2014 to be held in Beijing, Mr. Le Yucheng said that during Chinese President Xi Jinpings state visit to India in September, China and India reached broad consensus on bilateral relations; now the two sides are stepping up efforts to implement the outcome of the visit.The ambassador said, It is my great pleasure to join you in this Round Table

Discussion on Asia-Pacific Economic Cooperation. Id like to express my heart-felt appreciation for the Institute of Chinese Studies for co-organizing this event. APEC is the largest, highest-ranking and most influential economic cooperation mechanism in the Asia-Pacific region. It is of great strategic significance in the world with 21 members,

Chinese Ambassador Mr. Le Yucheng's Keynote Speech at the Round Table Discussion on APEC

40% of the worlds population, 57% of the total world economy and 46% of the total global trade. The choice of this topic for todays discussion vindicates the wide range and deep insight of the ICSs academic focus.The ambassador said, The Indian people will soon benefit from more high-quality and reasonably priced goods made by Chinese manufacturers in India ... and hopefully experience more convenient and comfortable high-speed railway service. Chinas investment will create jobs for thousands of Indians.Mr. Le Yucheng also added that India, along with 20 other Asian countries that are willing to join Asian Infrastructure Invest-ment Bank (AIIB) as founding members, on Oct. 24 signed the Memorandum of Understanding on Establishing A I I B ( M O U ) w h i c h a i m s t o p r o m o t e interconnectivity and economic integration in the region.Mr. Le Yucheng noted that the border problem between the two countries should not hamper the overall development of bilateral ties. People with

Chinese Ambassador Mr. Le Yucheng answered the questions of media.

Chinese Ambassador Mr. Le Yucheng talked with Indian participant at the function.

real-life experience understand fully that neighbors may sometimes encounter problems and there are always ways to solve them. Of course the boundary question, which is a leftover from the Western colonialists, needs solution, he said. He said that with fond memories of the 2001 APEC Summit held in Shanghai, China is ready to host once again APEC in Beijing this time. Starting from tomorrow, China will host the 2014 APEC Economic Leaders Week, including the 22nd APEC Economic Leaders Meeting, APEC CEO Summit and APEC Business Advisory Council Dialogue with Leaders. Celebrating its 25th Anniversary, the theme of 2014 APEC is Shaping the Future through Asia-Pacific Partnership. Beijing is ready to host the APEC leaders to seek common development of the Asia-Pacific region. At this opportune moment I would like to talk with all of you about the future path of development and cooperation of the Asia-Pacific region. (Please see the full text of Mr. Le Yuchengs keynote speech in APEC CHINA 2014.)

CONTENTSAPEC CHINA 20141. Shaping the Future through Asia-Pacific Partnership 62. Xi Jinping Attends Dialogue Between APEC Leaders and ABAC Representatives 113 China, Neighbors Vow to Strengthen Connectivity, Deepen Cooperation 134 Chinese President Proposes Asia-Pacific Dream 165. China Marks Six Priorities for New Type of Major-Country Relations with U.S. 186. APEC Beijing Summit "Historic": Chinese FM 227. Making the Cake of Cooperation Bigger, Promoting Prosperity in Asia-Pacific 23

EXTERNAL AFFAIRS1. China to Maintain Growth, Contribute to Global Economy: Chinese President 282. BRICS Countries Should Raise Their Voice in Global Economic Governance: Chinese President 303. Chinese Premier Urges Further Cooperation within East Asia 314. China, ASEAN to Upgrade Partnership in "Diamond Decade" 345. Speech by Premier Li Keqiang at Fourth Ministerial Conference of Istanbul Process on Afghanistan 36CHINA INDIA RELATIONS 1. Chinese Premier Pledges to Strengthen Cooperation with India 422. China and India to Strengthen Dialogue and Cooperation on Afghan Issue 433. China: Advancing the Rule of Law Domestically, Contributing to Peace and Development Internationally 44

CHINESE ENTERPRISES IN INDIA1. SANY, Partnering with India's Future Growth Potential 462. Shandong Electric Power Construction No.2 Company 48REVIVING THE SILK ROAD1. China Pledges 40 Billion USD for Silk Road Fund 512. Maritime Silk Road Expo Inaugurated, Brings Businesses 53

CULTURE & LIFE 1. Xi's Wife Calls for Just, Tolerant Society for Disabled People 542. Beijing Bid Promotes Life on the Ice 563. Yunnan Hosts International Mandarin Competition 594. Chinese-style Outfits Designed for APEC 605. History of Cheongsams 626. Explore China's Famous Old Town Pingyao 64

TIBET TODAY1. 2014 Canada China Tibetan Culture Week Goes to Toronto 652. Tibet Honors Outstanding Doctors 663. Tsongo, a Small Lake in North Tibet 67

BOOK REVIEW 72CCTV NEWS YOUR LINK TO CHINA AND THE WORLD 73CRI A BRIDGE OF FRIENDSHIP 74

APEC China 2014 News From China November 2014 6

APEC CHINA 2014

Shaping the Future through Asia-Pacific PartnershipOpening Remarks by Chinese President Xi Jinping

At the 22nd APEC Economic Leaders' MeetingBeijing, 11 November 2014

Dear Colleagues,I am very glad to meet you at Yanqi Lake in Beijing. Let me first extend a warm welcome to all of you.Each year, flocks of swan geese fly here and stay at the lake in spring and autumn, hence Yanqi Lake means the lake of swan geese. We 21 member economies of APEC are just like 21 swan geese. A line from an ancient Chinese poem reads: The wind breaks waves into thousands of flowers on the sea; flocks of swan geese fly across the blue sky with their wings spread. We are meeting here at Yanqi Lake to enhance cooperation and embark

on a new flight to shape a new vision for the development of the Asia-Pacific region.This year marks the 25th anniversary of APEC. The past 25 years of APECs growth have also witnessed the development and prosperity of the Asia-Pacific region. APEC has witnessed the historic achievements of the Asia-Pacifics development, which, in turn, has given APEC a new mission. The world economic recovery still faces many unpredictable and destabilizing factors. The Asia-Pacific region has entered a new stage of development, facing both opportunities and

Chinese President Xi Jinping hosts and addresses the 22nd Asia-Pacific Economic Cooperation (APEC) Economic Leaders' Meeting at the Yanqi Lake International Convention Center in northern suburb of Beijing, capital of China, Nov. 11, 2014. (Xinhua/Pang Xinglei)

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challenges. How to tackle the risks of fragmentation of regional economic cooperation? How to create new growth momentum in the post-financial crisis period? How to remove the financing bottlenecks hindering connectivity? These are issues we need to consider and actively address.In the face of new conditions, we need to intensify regional economic integration and foster an open environment that is conducive to long-term development. APEC should play a leading and coordinating role in breaking various shackles and unleash a new round of greater openness, exchange and integration at a higher level, in more areas and involving deeper structural adjustment. We need to open the closed doors within the Asia-Pacific region and open our region fully to the rest of the world. While continuing to advance the Bogor Goals, we should vigorously promote the development of the FTAAP by identifying targets and laying out directions and roadmaps. This will help realize, at an early date, the vision of completing a highly open integration arrangement that spans across the two sides of the Pacific Ocean.In the face of new conditions, we need to vigorously promote reform and innovation, create new growth areas and driving forces, and ensure strong and sustainable growth. Where does growth momentum come from in the post-crisis period? Undoubtedly, it can only come from reform, innovation and readjustment. We need to be innovative in development approaches, pursue

development through innovation and reform instead of driving it the usual way by relying on factors of production and export, and generate internal growth momentum through structural adjustment. We need to change the model of market regulations, allow the market to play a decisive role in resources allocation, and better play the role of the government. We need to advance scientific and technological innovation to facilitate energy and consumption revolution, and make the Asia-Pacific region a global leader in achieving new technological revolution. This year, we have promoted cooperation in Internet economy, urbanization and blue economy and discussed ways of leaping over the middle income trap, and a good beginning has been made in addressing all these major and urgent issues in the global economy.In the face of new conditions, we need to speed up efforts to upgrade infrastructure and build comprehensive connectivity. Connectivity is about connecting physical structures. Our cooperation should extend to wherever roads, railways, air routes and the Internet take us. Connectivity is about connecting rules and regulations. When coordination and cooperation are enhanced and regulatory obstacles are reduced, logistics will become smoother and exchanges more convenient. Connectivity is also about connecting the hearts of people. With enhanced mutual understanding, we can achieve better communication and be more successful in

8 APEC China 2014 News From China November 2014 o u r e n d e a v o r s . I n s h o r t , t o a c h i e v e comprehensive connectivity in the Asia-Pacific, we should bring together all member economies on both sides of the Pacific by connecting physical structures, rules and regulations, and hearts of people. We should eliminate bottlenecks in accessing affordable financing, strengthen public-private partnerships, and achieve interconnected development.Dear Colleagues,We are all members of the APEC community. It meets the common interests of us all to foster an open economy in the Asia-Pacific featuring innovative development, interconnected growth and converging interests. To achieve this goal, all the economies in the region need to work together to build an Asia-Pacific partnership of mutual trust, inclusive-ness, cooperation and win-win progress, and this will inject new energy into the economic development of both the Asia-Pacific and the world.First, we should jointly chart the course for future development. The future development of the Asia-Pacific is vital to the interests of every APEC member. Having reached important consensus on launching the process of FTAAP, promoting connectivity and pursuing innovative growth, what we should do now is to translate the consensus into action. We should draw the blueprint for development in the next five, ten or even 25 years and implement it step by step.Second, we should jointly meet global challenges. In the post-financial crisis period, we need to focus on the core task of sustaining growth and enhance macro policy coordination. We should also effectively address global issues such as epidemics, food security and energy security. We should share information to understand each other better, exchange experience to share best practices, facilitate collective actions through consultation and coordination, and boost regional cooperation through mutual assistance.Third, we should jointly build cooperation platforms. Partnership means pitching in for common goals and big initiatives. We should build APEC into an institutional platform for promoting

integration, a policy platform based on experience sharing, an open platform against trade protectionism, a development platform to intensify economic and technical cooperation and a platform for boosting connectivity. A stronger and more dynamic APEC is possible only with support from all its members.I wish to announce here that China will donate 10 million US dollars to support APEC institutional and capacity building and its practical cooperation in various fields.Fo u r t h , w e s h o u l d j o i n t l y p u r s u e interconnected development. Partnership also means win-win cooperation and mutual learning. Some developing economies in the Asia-Pacific region now face difficulties. If they cannot achieve development, development of the whole Asia-Pacific region will not be sustainable. We need to increase financial and technical support to developing members, give full rein to the strength of diversity among the Asia-Pacific economies, draw on each others strength, better leverage the amplifying effects and achieve common development.In the coming three years, the Chinese government will provide 1,500 training opportunities to APEC developing members in support of capacity-building projects in trade, investment and other fields.Dear Colleagues,Under the theme of Shaping the Future through Asia-Pacific Partnership, we will discuss three important topics, namely, advancing regional economic integration, promoting innovative development, economic reform and growth, and strengthening comprehensive development in infrastructure and connectivity. I am confident that our meeting today will inject new vitality into the long-term development of the Asia-Pacific region.A single flower does not herald spring; a lone goose cannot make a formation. Let us take Yanqi Lake as the new starting point, and lead the flying swan geese of the global economy in soaring higher in the vast and blue sky.Thank you!

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Dear Colleagues,Today, we have had t h o ro u gh a n d f r u i t f u l discussions on the meetings theme and three major topics and exchanged views on the vision of Asia-Pacific development and the future d i r e c t i o n o f A P E C cooperation. As a result, we have reached extensive and important consensus. Now I wish to make a brief summary of our discussions. We have reviewed the achievements and valuable experience of the APEC in its history of 25 years and discussed the vision and direction for the long-term development of the Asia-Pacific. We resolve to build on past success to move ahead. We agree to, in the spirit of mutual trust, inclusiveness, cooperation and mutual benefit, shape the future through Asia-Pacific partnership and build an open economy in the Asia-Pacific f e a t u r i n g i n n o v a t i v e d e v e l o p m e n t , interconnected growth and shared interest in a dedicated effort to fulfill the dream of an Asia-Pacific that delivers growth, prosperity and progress to all. We are determined to strengthen Asia-Pacific partnership and jointly shape future development, tackle global challenges, build c o o p e r a t i o n p l a t f o r m s a n d p u r s u e interconnected growth. We have adopted two outcome documents: the Beijing Agenda for an Integrated, Innovative and Interconnected Asia-Pacific the 22nd APEC Economic Leaders Declaration and Shaping the Future through Asia-Pacific Partnership Statement on the 25th

Anniversary of APEC. The two documents lay out the direction, targets and measures for Asia-Pacific economic cooperation. We emphasize the importance of regional economic integration as the driving force for ensuring sustained and dynamic growth in the Asia-Pacific region. The APEC should continue to play a leading and coordinating role, help create a new vision for the Asia-Pacific economic integration and work for a regional economic cooperation environment that is open, inclusive, balanced and beneficial for all. We have decided to start and advance the process of the Free Trade Area of the Asia-Pacific (FTAAP) and approved the Roadmap for APECs Contribution to the Realization of an FTAAP. This is a substantive move we have made towards the FTAAP. It marks the official launch of the FTAAP process and demonstrates the confidence of APEC members in

Chinese President Xi Jinping (4th R, front), his wife Peng Liyuan (3rd R, front), U.S. President Barack Obama (2nd R, front), Russian President Vladimir Putin (2nd L, front), Indonesian President Joko Widodo (R, front), Brunei's Sultan Hassanal Bolkiah (L, front) and other participants and their spouses head for a welcome banquet of the 22nd Asia-Pacific Economic Cooperation (APEC) Economic Leaders' Meeting in Beijing, capital of China, Nov. 10, 2014. (Xinhua/Lan Hongguang)

Closing Remarks by Chinese President Xi Jinping At the 22nd APEC Economic Leaders' Meeting

Beijing, 11 November 2014

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promoting regional economic integration and their commitment. It will take regional economic integration to a new level, deliver gains to all economies on both sides of the Pacific and inject new impetus to the economic growth of the Asia-Pacific and common development of APEC members. We have also approved important cooperation initiatives on global value chains, supply chains and capacity building, thus sending a strong message of support for multilateral trading system and the early conclusion of the

Doha Round negotiations. We realize that with the global economy entering a period of profound, post-global financial crisis readjustment, the Asia-Pacific region must seize the opportunity, meet challenges head on and speed up innovation and reform to create new driving force for the growth of the Asia-Pacific economy and make it more competitive. We have adopted the APEC Accord on Innovative Development, Economic Reform and Growth. We have decided to take economic reform, new economy, innovative growth, inclusive support and urbanization as five pillars, enhance policy coordination and dialogue, promote result-oriented cooperation, experience sharing and capacity building and allow

innovation, reform and growth to reinforce one another so as to further consolidate the Asia-Pacifics position as the engine of the global economy. We are resolved to jointly explore development paths and models suited to each members conditions, step up exchanges and mutual learning, and identify new ways for the development of the Asia-Pacific so that members of this region will grow together by pursuing diversified development paths. We have opened new horizon in cooperation areas. Major new topics such as leaping over the middle income trap, the Internet economy and urbanization have been added to our agenda; in-depth discussions on them have produced important deliverables. We have c a r r i e d o u t v i g o ro u s c o o p e ra t i o n o n a n t i -corruption in the Asia-Pacific, established APECs N e t w o r k o f A n t i -Corruption Authorities and Law Enforcement Agencies (ACT-NET) and reached important consensus on p u r s u i n g f u g i t i v e s , r e c o v e r i n g c r i m i n a l proceeds and engaging in l a w e n f o r c e m e n t cooperation. We applaud the good progress in cooperation in the blue economy, green economy, sustainable energy, SMEs, health, forestry, mining, food security, tourism, womens issues and economic issues. We fully share the view that enhanced comprehensive infrastructure development and connectivity can generate new sources of growth and increase the competitiveness of the Asia-Pacific, which serves the shared interest and long-term development needs of all APEC member economies. We adopted the APEC Blueprint on Connectivity, which is a milestone in APEC cooperation. We are determined to translate the vision of enhancing hardware, software and

Fireworks explode over the Olympic Park in Beijing, China, Nov. 10, 2014. The 22nd Asia-Pacific Economic Cooperation (APEC) Economic Leaders' Meeting takes place in Beijing from Nov. 10 to 11. (Xinhua/Jin Liwang)

11APEC China 2014News From China November 2014 people-to-people connectivity into reality by 2025 and meet specific targets that we have jointly agreed upon. Guided by this blueprint, we will step up investment, build a comprehensive, al l-round and multi-t iered Asia-Pacific connectivity network, and this will lay a solid foundation of connectivity for the long-term development of the Asia-Pacific. We have decided to expand result-oriented cooperation in infrastructure development and financing, promote the public-private partnership model and help our region remove bottlenecks in financing connectivity projects. We highly appreciate the fundamental role of the flow of people in promoting connectivity and have decided to launch new initiatives such as cross-border education, business travel card and cross-border tourism, so as to benefit more people on both sides of the Pacific. We have decided to jointly meet such global challenges as pandemic disease, terrorism, natural disaster and climate change. Facing the ravaging Ebola epidemic, APEC leaders are resolved to jointly help African countries effectively handle, prevent and control the spread of the disease, and support the United Nations in leading and coordinating efforts to assist Africa and fight the disease. We will support the people in affected countries overcome difficulties until

the final victory against Ebola is won.Dear Colleagues,Before I officially close our meeting, I wish to take this opportunity to express my sincere thanks to you all for the trust you have placed in me and the Chinese government. I thank you for your support, understanding and cooperation during the meeting and for your dedication and contribution to the common development, prosperity and progress of the Asia-Pacific.This meeting is not the end, but a new beginning. I am deeply convinced that our discussion today is of great significance. Later, when we look back at the history made here today at Yanqi Lake, we can say with pride that we did the right thing.Good times are always too short; and we will soon say goodbye to each other. After the meeting, I will brief the press on the outcomes and our discussions of the meeting based on the consensus we have reached. Some of you will stay in China for a couple more days. Others will leave soon. I hope you have enjoyed your stay in China, and wish you all a pleasant and safe trip.I also look forward to meeting you again in Manila next year.Thank you!Xi Jinping Attends Dialogue Between APEC Leaders and

ABAC Representatives

On November 10, 2014, President Xi Jinping attended in Beijing the Dialogue between Asia-Pacific Economic Cooperation (APEC) Leaders and APEC Business Advisory Council (ABAC) Representatives. Xi Jinping stressed that China enjoys a sound development prospect. China is a beneficiary and more an active advocator and promoter of regional cooperation. We are willing to actively advance l iberal ization and facilitation of regional trade and investment, speed up regional economic integration and

join hands to push forward development and prosperity in the Asia-Pacific region.When arriving at the meeting venue, Xi Jinping and leaders of other economies were warmly welcomed by the participants. Xi Jinping delivered a speech at the plenary meeting. Xi Jinping pointed out that currently the Asia-Pacific region is embracing important development opportunities as well as broad development prospect, and also facing multiple unstable and uncertain factors . As an important economic

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cooperation mechanism in the region, APEC should u n d e r s t a n d t h e n e w characteristics of global and regional situations, grasp the f u t u r e d e v e l o p m e n t direction of cooperation in the Asia-Pacific region and of the world economy, and add more vigor to economic growth in the Asia-Pacific region and the world.Xi Jinping stressed that C h i n a h a s t a k e n t h e important mission as the host country for APEC this year, and stands ready to take this opportunity to actively promote liberalization and facilitation of regional trade and investment, accelerate regional economic integration, and strengthen the members capability in economic and technical cooperation, so as to jointly push forward development and prosperity in the Asia-Pacific region and build an Asia-Pacific partnership for the future.Xi Jinping pointed out that the business circle is the major driving force for Asia-Pacific economy, and it is hoped that all parties contribute positive energy to APECs long-term development.Following that, Xi Jinping attended the grouping discussion and communicated and interacted with representatives of the business circle.As to the practical results to be yielded from the meeting hosted by China this year, Xi Jinping noted that first is to launch the process of Free Trade Area of the Asia-Pacific (FTAAP) and chart the course for Asia-Pacific cooperation. Second is to issue the declaration for commemorating the 25th anniversary of the establishment of APEC, summing up historical experience and blueprinting the prospect. Third is to advance

innovative development in economy, reform and growth, injecting new vigor into the long-term development in the Asia-Pacific region. Fourth is to blueprint connectivity, laying a solid foundation for all-round connectivity in the Asia-Pacific region. China is willing to join efforts with all parties to build an Asia-Pacific partnership featuring mutual trust , inclusiveness, cooperation and win-win results.With regard to the relations between the FTAAP and other regional free trade arrangements, Xi Jinping pointed out that the FTAAP is a strong aggregation of existing free trade arrangements. To advance the construction of the FTAAP, we should cement the integration process and define long-term goals. The FTAAP is no contradiction to the existing free trade arrangements, and the latter ones serve as a feasible path to realize the FTAAP.With respect to infrastructure and connectivity construction in the Asia-Pacific region and the establishment of the Asian Infrastructure Investment Bank (AIIB), Xi Jinping stated that infrastructure and

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c o n n e c t i v i t y construction are a basic issue bearing on e c o n o m i c development, and also important means for regional economic i n t e g r a t i o n . T h e establishment of the A I I B e n j o y s g o o d timing, geographical c o n v e n i e n c e a n d strong social basis, and corresponds with the building of the Silk Road Economic Belt and the 21st Century Maritime Silk Road, serving as a multi-win measure benefiting all parties. The AIIB will work with other multilateral development institutions to contribute to Asia-Pacific economic integration and development.In regard to whether China is able to get through the middle-income gap, Xi Jinping expressed that for China, the middle-income gap is bound to be crossed, and the key is when it will happen and how to better move forward after that. We have confidence in balancing reform, development and stability as well as steady growth, structure adjustment, improvement of peoples livelihood and promotion of reform, advancing Chinas economy in a steady and

long-term manner.In relat ion to Chinas economic development prospect, Xi Jinping stressed that China is comprehensively deepening reforms and opening-up, speeding up transformation of economic development mode, intensifying adjustment of economic structure and implementing the innovation-driven strategy, therefore, its economy will maintain a medium-to-high growth for a fairly long period and its economic quality will improve constantly. We welcome personages of Asia-Pacific business circle to actively participate in the process of Chinas economic and social development, and together share the opportunities and results brought by Chinas reform and development.China, Neighbors Vow to Strengthen Connectivity,

Deepen Cooperation

Beijing, Nov. 8 (Xinhua) China and its neighbors pledged on Nov. 8 to enhance connectivity and deepen practical cooperation to seek Asias common development.Chinese President Xi Jinping, along with leaders of seven other neighboring countries and

The night view around the Bird's Nest stadium in Beijing during the APEC Economic Leaders' Week. (Xinhua/Chen Jianli)

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two international organizations, reached consensus on a host of measures to boost regional connectivity, ranging from speeding up infrastructure construction to innovating financing mechanism, according to a joint press communique released at the ongoing Asia-Pacific Economic Cooperation (APEC) meetings.The communique came after a dialogue meeting on strengthening connectivity and improving cooperation in Chinas neighborhood.Xi chaired the dialogue which was attended by leaders of Bangladesh, Cambodia, Laos, Mongolia, Myanmar, Pakistan and Tajikistan, and representatives of the United Nations Economic and Social Commission for Asia and the Pacific and the Shanghai Cooperation Organization.

According to the communique, the signatories recognize that strengthening connectivity is consistent with the trend of times and represents a common necessity for all Asian countries.They also believe that strengthening connectivity involves work in five areas, including p o l i c y c o m m u n i - c a t i o n , i n f ra s t ru c t u re connectivity, trade link, capital flow and understanding among peoples with the infrastructure development being the basis and priority.Strengthening connectivity, which is conductive to identifying new growth point and fostering new competitive edge, offers new driving force for Asian cooperation and sustained prosperity, the document said.

Chinese President Xi Jinping presides over a Dialogue on Strengthening Connectivity Partnership in Beijing, capital of China, Nov. 8, 2014. (Xinhua/Li Tao)

News From China November 2014

The communique also hailed the building of One Belt and One Road, or the Silk Road Economic Belt and the 21st Century Maritime Silk Road, saying the initiative will inject strong impetus in enhancing political mutual trust, deepening economic cooperation and promoting cultural and people-to-people exchanges among relevant countries.At the dialogue, Xi, in his five-point proposal a i m e d a t p r o m o t i n g i n t e r - c o n n e c t e d development in the Asia-Pacific region, said China will contribute 40 billion U.S. dollars to set up a Silk Road Fund.We welcome and appreciate Chinas announcement of creating the Silk Road Fund to provide investment and financing support for Asian countries participation in connectivity cooperation, the communique said.

The signatories are resolved to intensify efforts in transportation infrastructure development, shape an open economic landscape in Asia with unwavering commitment to open regionalism, as well as adopt a people-centered and development oriented approach for the realization of prosperity, the document said.It stipulated that China and its dialogue p a r t n e r s a re c o m m i t te d to i m p rov i n g institutions and mechanisms to help develop cooperation platform with distinctive Asian characteristics.The signatories support efforts of China and relevant countries to establish the Asian Infrastructure Invest-ment Bank as a comple-ment to the existing financial institutions, such as the World Bank and the Asian Develop-ment Bank, according to the communique.

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Chinese President Xi Jinping poses for a group picture with guests before a Dialogue on Strengthening Connectivity Partnership in Beijing, capital of China, Nov. 8,2014. (Xinhua/Lan Hongguang)

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Beijing, Nov. 9 (Xinhua) Chinese President Xi Jinping called for efforts to create and fulfill an Asia-Pacific dream here Sunday, saying Chinas economy will bring huge opportunities and benefits to the region and the world.He made the remarks when addressing the Asia-Pacific Economic Cooperation (APEC) CEO Summit, which attracted over 1,500 business people from 21 APEC member economies and 17 other countries and regions.The Asia-Pacific has a strong impetus for development and a bright future, with a rising standing in the world, but the region now stands at a crossroads, Xi said.He listed several challenges facing the region, such as lingering impacts of the international financial crisis, fragile recovery in some economies, the daunting tasks of raising economic equality and efficiency, as well as different directions and priorities in accelerating

the regional economic integration process.The development prospect of our region hinges on the decisions and actions we take today, he said. We are duty-bound to create and fulfill an Asia-Pacific dream for our people.When elaborating on the idea, the president said the dream is about acting in the spirit of the Asia-Pacific community and out of a sense of shared destinies, following the trend of peace, d e ve l o p m e n t a n d m u t u a l ly b e n e f i c i a l cooperation, and jointly working for the prosperity and progress of the region.He added that the dream is about staying ahead of global development and making greater contribution to the well-being of mankind.The dream is also about having more economic vibrancy, free trade and investment facilitation, better roads, and closer people-to-people exchanges, the president said.Moreover, the dream is about ensuring

Chinese President Proposes Asia-Pacific Dream

Chinese President Xi Jinping delivers a keynote speech at the opening ceremony of the 2014 Asia-Pacific Economic Cooperation (APEC) CEO Summit in Beijing, capital of China, Nov. 9, 2014. (Xinhua/Ju Peng)

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g r e a t e r s e c u r i t y a n d prosperity for the people and giving children a better environment to grow, work and live, he said.To realize the Asia-Pacific dream, the region should redouble efforts to forge a partnership of mutual trust, inclusiveness and win-win cooperation and jointly build an open economy, Xi urged.In addition, the regions economies need to explore new drivers for growth and d r a w a b l u e p r i n t f o r comprehensive connectivity, he said.Speaking of the Free Trade Area of the Asia-Pacific (FTAAP), the president suggested the region remain committed to open regionalism while endeavoring to initiate the FTAAP.Economies should work for new economic i n s t i t u t i o n s a n d re g i o n a l c o o p e ra t i o n architecture that are open, so that the door of the Asia-Pacific will always be open to the entire world, he said.As the fastest growing region in the world, Asia-Pacific accounts for 40 percent of the global population, 57 percent of the global economy and 48 percent of the global trade.Regarding the development of the worlds second largest economy, Xi said that Chinas economy has been growing steadily as a new normal of it has emerged.Under the new normal conditions, he said, Chinas economic growth has become more stable and been driven by more diverse forces while the Chinese economic structure has been improved and upgraded, heralding a more stable development prospect.The intensi ty of our endeavor to comprehensively deepen reform will determine whether we will successfully adapt ourselves to the new normal, Xi told his audience.The president said that to comprehensive

deepen reform, China needs to stimulate the market vitality, broaden the path for innovation, advance opening-up at a higher standard, as well as improve peoples well-being and promote social equity and justice.Comprehensively deepening reform will not only liberate the productive force but also unleash the vitality of the society, Xi said. It will serve as a strong driving force for Chinas economic and social development.He pledged that China will stay focused on managing its own affairs well and endeavor to bring more benefits to the Asia-Pacific and the world.China is ready to work with other countries in promoting the building of the Silk Road Economic Belt and the 21st Century Maritime Silk Road, pushing for the early operation of the Asian Infrastructure Investment Bank, and getting more engaged with regional cooperation, he said.As its overall national strength grows, China will be both capable and willing to provide more public goods for the Asia-Pacific and the world, especially new initiatives and visions for enhancing regional cooperation, Xi told the gathering.

The exhibition "This is Beijing" inside China National Convention Center, a venue of the 2014 APEC, displays the culture, tradition and scientific innovation of China's capital city. (Xinhua/Luo Xiaoguang)

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Beijing, Nov. 12 (Xinhua) President Xi Jinping on Wednesday outlined six priorities in building a new t y p e o f m a j o r - c o u n t r y relationship with the United States.China would like to work with the U.S. to implement the principle of no conflict, no c o n f r o n t a t i o n , m u t u a l respect, cooperation and common prosperity and make the new type of major-country relations between the two countries produce more benefits to people in the two countries and the world, Xi told his U.S. counterpart Barack Obama during their talks in Beijing.The priorities in Chinas diplomacy with the United States include: China and the U.S. should improve exchanges and communication between high-level officials in a bid to improve strategic trust. The two sides should give bilateral dialogue mechanisms a better play, such as the China-U.S. Strategic and Economic Dialogue. The two countries should respect each others sovereign and territorial integrity as well as political system and development path, instead of imposing ones will and model on the other, which is the important condition and foundation for the two countries to have a healthy, stable and sustainable relationship. They should deepen cooperation in all a s p e c t s i n c l u d i n g t r a d e , m i l i t a r y , counterterrorism, law enforcement, energy, health and infrastructure. The cooperation should involve governments, parliaments, media, think tanks and young people. The two sides should manage disputes and

sensitive issues in a constructive manner. As it is inevitable to have differences, they should always resort to dialogues and consultation and do not act against each others core interests. They should improve collaboration in the Asia-Pacific, having positive interactions, encouraging inclusive diplomacy and work for regional peace, stability and prosperity. They should jointly respond to regional and global challenges. China is willing to work with the U.S. on regional hotspots such as the Iran nuclear issue, denuclearization of the Korean Peninsula and Afghanistan as well as global issues like counterterrorism, climate change and epidemic control.INDEPTH TALKSXi and Obama met at the Great Hall of the People, following a red-carpet ceremony to welcome the U.S. president on Nov. 12,2014.Obama arrived in Beijing on Nov. 10 to attend the 22nd Asia-Pacific Economic Cooperation

China Marks Six Priorities for New Type of Major-Country Relations with U.S.

Chinese President Xi Jinping (L Front) holds a welcoming ceremony for U.S. President Barack Obama (R Front) at the Great Hall of the People in Beijing, capital of China, Nov. 12, 2014. (Xinhua/Huang Jingwen)

19APEC China 2014News From China November 2014

( A P E C ) E c o n o m i c Leaders Meeting and pay a state visit to China.Obama congratulated the Chinese side for hosting a successful A P E C s u m m i t a n d expressed his gratitude for Xis outstanding hospitality in the state visit.S ay i n g t h i s ye a r m a r k s t h e 3 5 t h a n n i v e r s a r y o f t h e establishment of China-U.S. relations, Xi said bilateral ties now stand at a new starting point.Facing the current c o m p l i c a t e d a n d changing international situation, China and the United States should and will be able to cooperate in more areas, Xi said.Obama said the trade ties and people-to-people exchanges between the two countries have surged over the past 35 years.We have shown that when we cooperate, the United States and China can make important contributions to security and prosperity in the region and around the world, Obama said.Xi reviewed his meeting with Obama at the Annenberg Retreat at Sunnylands in Rancho Mirage, California in June 2013, where they reached a consensus on building a new type of China-U.S. relations.The two countries have since then made positive progress in bilateral coordination and cooperation in various areas, Xi said.China and the United States have worked together in tackling climate change, combating the Ebola epidemic and fighting terrorism, Xi said.Facts have proved a new type of major-country relations between China and the United States serves the fundamental interests of the two peoples and helps maintain peace, stability and prosperity in Asia and Pacific and the world, Xi said.Obama said he and Xi discussed our

priorities and our vision for the U.S.-China relationship Tuesday evening and Wednesday morning.I believe our two nations have enormous stake in each others success, Obama said, adding the United States welcomes a peaceful, prosperous and stable China.Obama said he and Xi engage in an honest and constructive dialogue around those differences and ensure we can manage them in a peaceful and effective way.Obama said his discussion with Xi will help ensure bilateral relationship continue to deliver results for China, for the United States and for the world.On Tuesday evening, the two heads of state held a meeting at the Zhongnanhai leadership compound in downtown Beijing after the APEC meeting.ECONOMIC TIESThe two leaders confirmed the core role of economic ties in bilateral relationship and pledged to boost their economic relations and improve the international economic system, according to a release from the Chinese foreign

Chinese President Xi Jinping (R) and his U.S. counterpart Barack Obama shake hands at the Zhongnanhai leadership compound in Beijing, capital of China, Nov. 11, 2014. Xi Jinping held a bilateral meeting with visiting U.S. President Barack Obama in Beijing Tuesday evening. (Xinhua/Ju Peng)

20 APEC China 2014 News From China November 2014

ministry on major outcomes of the Xi-Obama meeting.Last year, bilateral trade volume soared to 520 billion U.S. dollars, and outstanding amount of two-way investment stood at 100 billion dollars.The release said China and the United States will continue to take the bilateral investment treaty (BIT) negotiations as the most important issue regarding their economic relationship and will input more resources into the negotiations with a view to reaching a comprehensive high-standard bilateral investment treaty.China and the United States began the BIT talks in 2008 as the two countries sought to lift mutual investment, which only accounted for a tiny share of their overseas investment.NEW TYPE OF MILITARY RELATIONSDuring their talks, Xi proposed a new type of military relations that suits the new type of major-country relationship between China and the United States.Xi said defense departments of the two countries have signed Memorandums of Understanding (MOU) on establishing a mutual reporting mechanism on major military operations and a code of safe conduct on naval and air military encounter.The two militaries s h o u l d d e e p e n exchanges, mutual trust and cooperation based on the two MOUs, he said.China would like to make progress in the e x c h a n g e s b e t w e e n senior officers of the two armed forces, smooth c o m m u n i c a t i o n mechanism and conduct more joint trainings and drills with the U.S. side.TAIWAN, TIBETXi urged the U.S. to follow the one-China policy and principles set b y t h e t h r e e j o i n t communiques between

the two countries and asked the U.S. government to stop arms sales to Taiwan and support cross-Strait peace with actual actions.In response, Obama assured that there has been no change of the U.S. stance on Taiwan and it does not support Taiwan independence.The U.S. favors the improvement of cross-Strait relations and expects it to continue, he said.O b a m a a lso s t re sse d t h a t t h e U. S . acknowledges Tibet as part of the Peoples Republic of China and does not back Tibet independence.LANDMARK GOALS FOR CLIMATE

CHANGEAfter their meeting, China and the U.S. issued a joint announcement on climate change, listing ambitious goals and pledging joint efforts to tackle climate change in the next 15 years.The United States intends to achieve an economy-wide target of reducing its emissions by 26 to 28 percent below its 2005 level in 2025 and to make best efforts to reduce its emissions by 28 percent, according to the announcement.Chinas carbon dioxide emission is expected to hit the peak around 2030 and it intends to increase the share of non-fossil fuels in primary

Chinese President Xi Jinping (R) and U.S. President Barack Obama attend a joint press conference at the Great Hall of the People in Beijing, capital of China, Nov. 12, 2014. Xi Jinping and Obama held talks before the press conference. (Xinhua/Pang Xinglei)

21APEC China 2014News From China November 2014 energy consumption to around 20 percent by 2030, according to the announcement.AGAINST TERRORISMXi and Obama jointly denounced all forms of terrorism and pledged to fight terrorism together by following the Charter of the United Nations and fundamental principles in international relations.The two countries will also improve cooperation in law enforcement, such as jointly hunting down fugitives, recovering their ill-gotten assets, fighting drug trafficking and cyber crimes.According to the foreign ministry release, the two presidents agreed that Chinas Ministry of Public Security and U.S. Department of Homeland Security will hold a minister-level meeting early next year to discuss how to boost anti-terrorism and law-enforcement cooperation.

CHINAS ROLEChina is a participant, builder and contributor of the existing international system, Xi said at a joint press conference with Obama, telling reporters that Chinas economic development has made important contribution in boosting world economic recovery after the financial crisis.China is also the largest contributor of peacekeepers among the five permanent members of the United Nations Security Council, and China has sent over 20,000 peacekeepers to UN peacekeeping missions, Xi said.Since the Ebola outbreak in April, China has offered 750 million yuan (122 million U.S. dollars) worth of aid to countries plagued by the epidemic, Xi said.According to the foreign ministry release, China and the United States will enhance communication and boost cooperation to fight Ebola in Africa.Obama told reporters the U.S. views China as an important cooperative partner, be it on the bilateral, regional or global level.Developing a strong relationship with China occupies the center stage in the U.S. strategy of rebalancing to Asia.When answering a question on human rights, Xi said China has made great achievements in human rights since the founding of New China in

1949, especially after 30 years of reform and opening up.He said China is willing to engage in dialogues with the U.S. on human rights on the basis of equality and mutual respect.CHINA, U.S. ANNOUNCE AMBITIOUS

CLIMATE CHANGE GOALS Beijing, Nov. 12 (Xinhua) The worlds two biggest economies on Nov. 12,2014 announced ambitious goals and pledged joint efforts to tackle climate change in the next 15 years.China and the United States announced their respective post-2020 goals of coping with climate change in a joint announcement issued after the two countries presidents held talks Wednesday in Beijing.The United States intends to achieve an economy-wide target of reducing its emissions by 26 to 28 percent below its 2005 level in 2025 and to make best efforts to reduce its emissions by 28 percent, according to the announcement.China intends to achieve the peaking of carbon dioxide emissions around 2030 and increase the share of non-fossil fuels in primary energy consumption to around 20 percent by 2030.China and the United States hope that by announcing these targets now, they can inject momentum into the global climate negotiations and inspire other countries to join in coming forward with ambitious actions as soon as possible, preferably by the first quarter of 2015, the announcement said.The two countries will jointly push international climate change negotiations for the adoption of a protocol at the United Nations Climate Conference in Paris next year, according to the announcement.China and the U.S. will step up cooperation in the fields of clean energy and environmental protection, the announcement said.To achieve their climate goals, China and the U.S. will establish a major new carbon storage project based in China through an international public-private consortium led by the two countries to study and monitor carbon storage using industrial CO2, it said.

22 APEC China 2014 News From China November 2014 The two countries will also work together on a new Enhanced Water Recovery project to produce fresh water from CO2 injection into deep saline aquifers.In addition, China and the U.S. will convene a Climate-Smart/Low-Carbon Cities Summit where leading cities from both countries will share best practices, set new goals and celebrate city-level leadership in reducing carbon emissions and building resilience.Bilateral trade in sustainable environmental goods and clean energy technologies will be encouraged, according to the announcement.It said a U.S. trade mission led by U.S. Secretary

of Energy Ernest Moniz and Secretary of Commerce Penny Pritzker will visit China in April 2015, with a focus on smart low-carbon cities and smart low-carbon growth technologies.China was the first among developing countries to formulate and implement a national climate change program and adopted a national plan to make sure that it will meet the target of cutting carbon intensity by 40 percent to 45 percent by 2020 from the 2005 level.In 2013, carbon intensity in China was down by 28.5 percent from the 2005 level, which was equivalent to a reduction of 2.5 billion tons of CO2 emissions.APEC Beijing Summit "Historic": Chinese FM

Beijing, Nov.13 (Xinhua) Chinese Foreign Minister Wang Yi on Thursday said the Asia-Pacific Economic Cooperation (APEC) summit in Beijing was productive and historic.The summit strived to tackle difficult issues in Asia-Pacific relations and in APECs development. A string of crucial achievements have been made in a great number of areas, Wang told a press briefing on Thursday.Wangs comments came after APEC leaders concluded their annual meeting on Tuesday, agreeing on economic integration, innovation and connectivity.The meeting adopted two important documents: The 22nd APEC Economic Leaders Declaration: Beijing Agenda for an Integrated, Innovative and Interconnected Asia-Pacific and the Statement on the 25th Anniversary of APEC: Shaping the Future through Asia-Pacific Partnership.The meeting made clear the direction and objectives for future Asia-Pacific cooperation, Wang said.APEC members agreed to start a joint strategic study on the Free Trade Area of the Asia-Pacific (FTAAP), marking the official launch of the FTAAP process.This decision will be written into the history books. It shows how the Chinese mindset of integration and culture of harmony worked to resolve diplomatic difficulties, Wang said.APEC leaders adopted a blueprint to promote

regional connectivity by 2025, which Wang said enabled the Asia-Pacific region to seek the cutting edge in global competition.Wang said the summit had ushered in new areas of cooperation on global issues, citing a joint statement on anti-corruption cooperation.Chinese President Xi Jinping announced China would contribute 40 billion U.S. dollars to set up a Silk Road Fund at a dialogue meeting on strengthening connectivity and improving cooperation in the countrys neighborhood, Wang said.The summit promoted Chinas bilateral relations with major countries in the Asia-Pacific region, citing Xis meetings with U.S. President Barack Obama and Russian President Vladimir Putin, among others.Wang highlighted the conclusion of substantive negotiations on a bilateral free trade agreement (FTA) between China and the Republic of Korea, saying it would benefit the two countries and the region.The APEC Beijing summit was not the end, but rather a new starting point, Wang said, stressing that Beijing APEC was significant and would have a long-term impact.Wang pledged China would continue to demonstrate the China voice, come up with China solutions and contribute China wisdom.We will make efforts to turn Chinese opportunities into world opportunities and turn world opportunities into Chinas, Wang said.

APEC China 2014 23News From China November 2014

Ladies and Gentlemen,Dear Friends,It is my great pleasure to join you in this Round Table Discussion on Asia-P a c i f i c E c o n o m i c Cooperation. Id like to express my heart-felt appreciation for the Institute of Chinese Studies for co-organizing this event. APEC is the largest, highest-ranking and most influential economic cooperation mechanism in the Asia-Pacific region. It is of great strategic significance in the world with 21 members, 40% of the worlds population, 57% of the total world economy and 46% of the total global trade. The choice of this topic for todays discussion vindicates the wide range and deep insight of the ICSs academic focus.With fond memories of the 2001 APEC Summit held in Shanghai, China is ready to host once again APEC in Beijing this time. Starting from tomorrow, China will host the 2014 APEC Economic Leaders Week, including the 22nd APEC Economic Leaders Meeting, APEC CEO Summit and APEC Business Advisory Council Dialogue with Leaders. Celebrating its 25th Anniversary, the theme of 2014 APEC is Shaping the Future through Asia-Pacific Partnership. Beijing is ready to host the APEC leaders to seek common development of the Asia-Pacific region. At this opportune moment I would like to talk with all of you about the future path of development and cooperation of the Asia-Pacific region.

First of all, allow me to make an introduction to the background and priorities of the 2014 APEC Economic Leaders Week.The present global economic situation remains complex, where the after-effects of the international financial crisis can still be felt. The road to recovery in developed countries is still bumpy. Growth in emerging market economies and developing countries has slowed down. Today, the Asia-Pacific region has become the engine of the global economy with the highest growth rate, the greatest potential and the most active intra-regional cooperation. Its status in the global economy is rising steadily.Never before had the cooperation in Asia-Pacific been so full of hope and opportunities. Yet never before had we to deal with so many risks and challenges.First, with deepening globalization and proliferation of various regional free trade agreements, Asia-Pacific economic cooperation

Making the Cake of Cooperation Bigger, Promoting Prosperity in Asia-Pacific

-- Keynote Speech by Chinese Ambassador H.E. Mr. Le Yucheng at the Round Table Discussion on APEC

th(New Delhi, India, on November 4 , 2014)

APEC China 201424 News From China November 2014

now stands at a crossroads that could lead to either integration or fragmentation. Second, the international financial crisis has exposed the pitfalls and unsustainability of the traditional growth model. Asia-Pacific member economies should accelerate innovative development and reform so as to find new approaches to development and new areas of economic growth. T h i rd , h i n d e re d by t h e f i n a n c i n g b o t t l e n e c k s , infrastructure is still weak in the Asia- Pacific region. Hence, the effective resolution of financing bottlenecks requires all of us to think out of the box and work creatively. Taking these challenges into consideration, this years APEC meeting will focus on three priorities:Priority One: Advancing Regional Economic Integration. Important items under this priority include promoting Asia-Pacific free trade area, supporting the multilateral trading system, advancing cooperation on global value chain and supply chain, strengthening capacity- building in trade and investment.Priority Two: Promoting Innovative Development, Economic Reform and Growth. The objective is to promote pragmatic cooperation around the five pillars of economic reform, new economy, innovative growth, inclusive support and urbanization in order to leap over the middle-income trap, to bring green development and innovative growth, to build a blue economy and an internet economy, and to achieve urbanization. Priority Three: Strengthening Comprehensive Connectivity and Infrastructure Development. Connectivity has three pillars: first, physical or hard connectivity, which includes transport, t e l e c o m m u n i c a t i o n s , I C T a n d e n e r g y infrastructure; second, institutional or soft connectivity, which includes customs, supply-chain, financial and regulatory coherence, structural reform, etc.; third, people-to-people

connectivity, which includes business mobility, labor and professional mobility, tourism facilitation, and transnational education. This year we have the mandate to develop the Blueprint, which will address the achievements and challenges of connectivity in this region, as well as the key initiatives for enhanced APEC connectivity and strategies for implementation. Second of all, Id like to talk about how China is going to promote development in Asia-Pacific through Chinas development.Asia-Pacific is at a crucial stage of development. We should adhere to the overarching goal of common development and build an Asia-Pacific community of shared interests and common destiny. In the age of economic globalization, countries cannot achieve development in isolation from each other, still less can they pursue development as a zero-sum game. Rather, with our interests closely entwined, we the Asia-Pacific countries need to seek mutually beneficial cooperation. Great minds think alike. Ancient wisdom see eye to eye. There is a Chinese proverb, one plus one can make more than two. I learnt that there is a similar saying in the Hindi language, one plus one equals eleven. That is also the moral of the following story known widely both in China and India. Once an old man gave each of his sons a single chopstick, everyone broke it easily. However, when the old man put all the chopsticks into a bundle, none of the young guys could break them. The story tells us about the importance of unity and cooperation. We the Asia-Pacific countries are brothers to each other as in this story. We need to deepen pragmatic cooperation in all fields, seek development through integration, and thus jointly bring into reality the Asia-Pacific Century.Asia-Pacific is the region where our home is. As a member of the Asia-Pacific big family, China sees the prosperity of the entire region as the foundation of its own well-being. Chinas

In the age of economic globalization, countries c a n n o t a c h i e v e d e v e l o p m e n t i n isolation from each other, still less can they pursue development as a zero-sum game.

APEC China 2014 25News From China November 2014

development is also a driving force for regional growth and cooperation in the Asia-Pacific. China is willing to promote common development through its own development. We desire to live in harmony and work in unison with our neighbors to make the cake of cooperation even bigger so that we can all share the fruits of our common prosperity. Here, Id like to share with all of you our ideas about the common development in four key words all starting with the letter C, the four Cs.The first word is Creative. Chinas reform and opening-up over the past 30 years is a text-book example of creative thinking and large-scale innovation. I remember vividly that when China considered whether to accede to the WTO, there was a strong domestic opposition crying wolves are coming. However, after dancing with the wolves for years, China not only survives but also thrives. China has adapted to international competition through its opening-up. Recently, Alibabas IPO success has become a household story. I would like to say that Alibaba might be the star at the moment yet it is just one in the Milky Way of Chinese private enterprises that have made great achievements over many years. Other Chinese companies such as Huawei and ZTE have embraced competition at home and abroad and have emerged as industry leaders. Their products are highly cost effective and liked by customers as value for money in India as well. Nowadays, the ever deeper integration of Chinas vibrant economy with the global economy not only improves the living standards of the Chinese people but also enhances the well-being of the peoples of all other countries, including India.T h e s e c o n d w o r d i s Conducive. We have strived to remove market obstacles and make the market play a decisive role in resources allocation so that everyone interested in starting a business could give full play to his or her spirit of entrepreneurship. Since its formation, the new Chinese government has introduced

reforms to simplify the administrative approval system so as to lower the threshold for starting businesses and remove restrictions on them. Within only one year, central government departments have removed or delegated to lower levels administrative approval on over 600 items. This has given a great boost to business development in the whole country. From January to September this year, the number of newly registered market entities exceeded 9 million, generating more than 10 million jobs. The reform and innovation fuels the new wave of mass entrepreneurship at the grassroots level and releases great potential of the market in China. Within next two years, per capita GDP in one-third of the provinces in China will exceed 10,000 US dollars. In the next seven years, China is expected to import goods worth more than 17 trillion US dollars, and the amount of outward Chinese foreign direct investment is expected to reach 1.2 trillion US dollars. By 2020, 600 million Chinese people would be earning middle-level-income, which will create an attractive world market.The third word is Contributive. According to Goldman Sachs statistics, China contributed 22 percent to global growth between 2000 and 2010. The IMF stated that the proportion of Chinas contribution to the world economy has reached 30 percent and for each percentage point the Chinese economy grows, the economy of Asia as a whole expand by 0.3 percent. Former World Bank chief economist Lin Yifu said that just like the contribution of the Four Asian Dragons to the development of mainland China in the past, Chinas economic upgrading will now create a new growth space for the growth of other developing countries, especially the neighboring ones. Taking into account that the size of Chinas economy is far bigger than that of the Four Asian Dragons, Chinas contribution will certainly be more apparent. Realizing that development is inseparable from peace and s t a b i l i t y, C h i n a i s a l s o committed to safeguarding

Realizing that development is inseparable from peace and stability, China is also committed to safeguarding regional peace and security whi le contr ibuting to regional development.

APEC China 201426 News From China November 2014

regional peace and security while contributing to regional development. The latest example is that China firmly supports Afghanistan to promote peaceful reconciliation and reconstruction process and is willing to help Afghanistan to enhance its capacity building. During the 4th Foreign Ministerial Conference of the Istanbul Process on Afghanistan held in Beijing on October 31, China announced Afghanistan grant assistance of 500 million RMB yuan this year and 1.5 billion RMB yuan in the coming three years, training of 3,000 Afghan professionals in various fields a n d o f f e r i n g o f 5 0 0 scholarships in the next five years. This action of China has been widely acclaimed by the international community.The fourth word is Cooperative. China has always been committed to promote the Asia-Pa c i f i c d eve l o p m e n t t h ro u g h i t s o w n development and provide new opportunities for regional prosperity through its own reforms and opening-up. China has always been thinking about ways to make new contributions towards deepening the Asia-Pacific economic integration and is willing to use its experience, funds and technology to promote the common development of the Asia-Pacific. Infrastructure connectivity is a basic condition for integrated development. China is promoting the Bangladesh-China-India-Myanmar (BCIM) Economic Corridor, the Silk Road Economic Belt and the 21st Century Maritime Silk Road in order to achieve regional policy communication, connect roads, smoothen trade, encourage currency circulation and link the hearts of people. Here Id like to talk more about Chinas proposal to establish the Asian Infrastructure Investment Bank to resolve the financing bottlenecks in the path of regional interconnectivity. India and 20 other prospective founding members of the Asian Infrastructure Investment Bank signed the MoU in Beijing on October 24. After the signing ceremony, President Xi Jinping met representatives from these

countries. He welcomed active participation by all countries that are interested so as to achieve win-win results. He said that the establishment of the AIIB incorporates the desire, resolve and action of all parties in pursuing development through cooperation and contributes to improving global financial governance. The AIIB itself is an innovative mechanism. It complements the existing mechanisms instead of replacing them. The AIIB w o u l d f a c i l i t a t e i n f r a s t r u c t u r a l i n t e r -connectivity in this region, advance regional economic cooperation and inject new impetus into the Asian economic development. I am sure that through concerted efforts of all parties, the AIIB can be built into an equal, inclusive and highly-efficient platform for infrastructure investment and financing as well as a multilateral development bank that meets the needs of the countries in this region. Last but not least, I feel that our discussion would be incomplete without further deliberation on the cooperation between China and India.As you know, President Xi Jinping concluded his historical and very successful state visit to India last month. During the visit, President Xi Jinping and Prime Minister Narendra Modi reached broad consensus on bilateral ties. It was emphasized that China and India should become closer partners for development, cooperative partners for growth and global partners for strategic coordination, the two countries should jointly pursue our respective dreams of national renewal; and jointly achieve peaceful, cooperative and inclusive development. Now the two sides are stepping up efforts to implement the outcome of this visit.As President Xi Jinping said, development is the top strategic goal shared by the two countries and nothing is more imperative than to deliver a more comfortable, more secure and happier life to our peoples. I believe that Indian people will

China has always been thinking about ways to make new contributions towards deepening the Asia-Pacif ic economic integration and is willing to use its experience, funds and technology t o p r o m o t e t h e c o m m o n development of the Asia-Pacific.

APEC China 2014 27News From China November 2014 benefit immensely from Chinas development and the cooperation between China and India. Here Id like to discuss what the Sino-Indian cooperation means from the perspective of the common Indian people.According to the China-India economic and trade cooperation program, China will invest 20 billion US Dollars in India in the next 5 years in va r i o u s i n d u s t r i a l a n d i n f ra s t r u c t u re development projects. The Indian people will soon benefit from more high-quality and reasonably priced goods made by Chinese manufacturers in India; enjoy 24x7 power supply with the support from Chinese power enterprises; and hopefully experience more convenient and comfortable high-speed railway service. Chinas investment will create jobs for thousands of Indians. Huawei, a Chinese IT company, alone has already created more than 5,000 jobs in India at present. Its R&D Center with 2000-plus posts will soon operate in Bangalore. Meanwhile, Indian pharmaceutical, agricultural and IT products will find greater access to the Chinese market.Indian tourism operators will have the opportunity to increase their revenues from receiving more Chinese tourists. In the next 5 years, there will be more than 500 million Chinese outbound tourists. As a neighboring country, India could expect to be an important destination for the Chinese tourists. The current arrival figure of 100,000 seems too meager. We should make good use of Tourism Years in 2015 and 2016 to promote Incredible India. For example, visa-upon-arrival for the Chinese tourists might be a good idea to boost tourism in India. More Indian tourists are also welcome to visit China. To facilitate the Indian pilgrims, the Chinese side has agreed to open a new route for the Kailash-Mansarovar Yatra through Nathu La Pass, which is expected to be operational next year. By the way, Indian yoga gurus and practitioners would be pleasantly surprised to find that yoga is already part of the popular exercise regimen of the Chinese. People with real-life experience understand fully that neighbors may sometimes encounter problems and there are always ways to solve

them. Of course the boundary question, which is a leftover from the western colonialists, needs solution. I earnestly believe that both sides have the ability and wisdom to reach fair, reasonable and mutually acceptable solution through peaceful and friendly consultation to prevent the boundary question from affecting the overall bilateral relations. As long as we continue to have sufficient foresight, courage and tolerance, we will be able to dispel these stray clouds and bring our bilateral cooperation forward to the bright future. Being ancient oriental civilizations at similar stages of development, China and India are both pursuing the great dream of national renewal, dreams that are interconnected and mutually compatible. China and India are now in a crucial stage of national rejuvenation, where they need to become closer development partners that draw upon each others strengths and work together for common development. As members of the BRICS and as emerging economies, China and India are two major forces in the process of the formation of a multi-polar world. Mahatma Gandhi once observed that China and India are fellow travelers sharing weal and woe in a common journey. Prime Minister Narender Modi has likened China and India to two bodies with one spirit. President Xi Jinping also pointed out that if we speak with one voice, the whole world will listen, and if we join hands, the whole world will pay attention. Lets draw wisdom from our great ancient civilizations and our visionary leaders, show sufficient foresight to promote the China-India strategic cooperative partnership and closely link our development strategy. Lets bring more benefit to the two peoples and make greater contribution to promoting the prosperity and revitalization of Asia-Pacific as well as the stability and development of the world.A few days ago, Chinese Foreign Minister Wang Yi announced to the world that the countdown to APEC Beijing had started. Speaking today, I want to reiterate that China is ready, Beijing is ready.Thank you.

External Affairs28 News From China November 2014

Brisbane, Australia, Nov. 15 (Xinhua) China will keep the momentum of economic growth and make greater contribution to the global economy, Chinese President Xi Jinping told a Group of Twenty (G20) summit here on Nov. 15,2014.He urged the worlds major economies to j o i n t l y p r o m o t e r e f o r m s , i m p l e m e n t comprehensive growth strategies and advance the transition of the world economy from cyclical recovery to sustainable growth.Noting that the world economy has gradually moved out of the bottom in the past years but the

overall recovery remains lackluster, he said the top priority for G20 members now is to coordinate macroeconomic policy, mitigate economic risks, create more jobs and improve peoples livelihood.He added that the just-concluded Asia-Pacific Economic Cooperation (APEC) meetings in Beijing formulated plans for promoting the development of the Asia-Pacific region, and that G 2 0 m e m b e r s h a v e a l s o w o r k e d o u t comprehensive growth strategies.In order to realize comprehensive growth, he said, G20 members should seek and boost driving

EXTERNAL AFFAIRS

China to Maintain Growth, Contribute to Global Economy: Chinese President

Chinese President Xi Jinping (C front) attends meeting in Brisbane, Australia, Nov. 15, 2014. (Xinhua/Li Xueren)

External Affairs 29News From China November 2014

forces for sustained growth and open up a new situation that features innovative development, integrated interests and interconnected growth.Firstly, G20 economies should innovate in their economic development patterns, Xi said, adding that more vitality should be brought into the economy through structural reforms in finance, investment, trade and other fields.Stressing the important role of infrastructure construction in generating economic growth, he said China supports the G20 in setting up a global infrastructure center and supports the World Bank in establishing a global infrastructure fund.Meanwhile, Xi pledged to make contribution to global infrastructure investment via such initiatives as the Silk Road Economic Belt, the 21st Century Maritime Silk Road, the Asian Infrastructure Investment Bank and the Silk Road Fund.Secondly, G20 members should build an open global economy, Xi said, calling for concerted efforts in resisting trade and investment protectionism and safeguarding multilateral trade systems.Thirdly, G20 members should improve global economic governance, he said, urging all members to strive for a fair, just, inclusive and orderly international financial system.Efforts should also be made to increase the

presence of developing countries and emerging-market economies and offer them a bigger say in international systems, and ensure the equality of different countries in global economic cooperation in terms of rights, opportunities and rules, he added.Chinas economic growth serves as a main engine for global economic growth, and China is one of the largest contributors to the G20s comprehensive growth strategies, Xi said.Thanks to various domestic reforms, the Chinese economy will maintain its momentum for powerful, sustainable and balanced growth, and provide the world with greater demands and more opportunities, he added.In his speech, Xi announced that China will adopt the Special Data Dissemination Standard of the International Monetary Fund.Xi also called on G20 members to regard themselves as a community of common interests and shared destinies and turn the bloc into a stabilizer of the world economy, an incubator of global growth and a propeller of global economic governance.Other leaders attending the ninth G20 summit applauded Chinas efforts in restructuring its economy and expressed their confidence that the Chinese economy will grow continuously and healthily and make greater contribution to the

Chinese President Xi Jinping (5th R front) and other G20 leaders pose for a group photo at the 9th Group of 20 (G20) Summit in Brisbane, Australia, Nov. 15, 2014. (Xinhua/Ma Zhancheng)

External Affairs30 News From China November 2014 world economy.Xi Proposes Reinforcing GlobalEconomys Anti-risk CapacityBrisbane, Australia, Nov. 16 (Xinhua) Chinese President Xi Jinping raised four proposals for strengthening the world economys anti-risk capacity during the Group of Twenty (G20) Summit here on Nov. 16,2016.Firstly, the world should continue to reform the international financial system and speed up the International Monetary Fund quota reform, Xi told the second day of the G20 Summit.Secondly, the world should enhance global cooperation in collecting tax, crack down on international tax evasion and help the developing countries and low-income countries improve their abilities in collecting and managing tax, Xi said.Thirdly, the world should deepen cooperation in anti-corruption, Xi said.Fourthly, the world should exert more efforts to deal with the issue of development and

facilitate the developing countries to develop their economies by establishing the concept of promoting development through growth while stimulating growth through development, he said.On the issue of energy, Xi said the G20 have to build a partnership in energy cooperation, nurture a free and open global energy market with orderly competition and efficient supervision, jointly maintain stability of energy prices and market, improve energy efficiency, formulate and improve global energy governance principles so as to form a new cooperation pattern of equal negotiations and common development among consumer, producer and transit countries.Xi also declared that China will release data of its oil stocks regularly.Regarding international trade, Xi said trade protectionism only delivers damage to others without serving ones own benefits.The G20 is capable of and obliged to building a united, open and universally benefiting global market, promoting an early completion of the Doha round of global trade negotiations, Xi said.BRICS Countries Should Raise Their Voice in Global

Economic Governance: Chinese President

Brisbane, Nov. 15 (Xinhua) The BRICS countries should actively participate in international multilateral cooperation and raise their voice in global economic governance, Chinese President Xi Jinping said here Saturday.Xi made the remarks while meeting with other leaders of the BRICS countries on the sidelines of the Group of Twenty (G20) summit.Economic cooperation serves as the lasting power house for the development of the BRICS countries, Xi said when meeting with Russian President Vladimir Putin, Indian Prime Minister Narendra Modi, South African President Jacob Zuma and Brazilian President Dilma Rousseff.The BRICS countries should remain committed to drafting long-term blueprint for economic cooperation and forging a closer economic partnership by facilitating market i n t e r - l i n k a g e s , f i n a n c i a l i n t e g r a t i o n ,

infrastructure connectivity as well as people-to-people contacts, he said.All sides should step up efforts to the establishment of a new development bank and a contingency reserve arrangement since both are of great significance, he added.The cooperation between the BRICS countries should be driven by the two wheels of economy and politics so that the BRICS can act as not only the worlds economic engine, but also a shield for world peace, said the Chinese president.The BRICS countries should further their cooperation and coordination in worlds politics and security to safeguard the worlds fairness and justice, Xi said.All sides should also strengthen coordination and cooperation at the G20 summit to help achieve positive results, he said.On the just-concluded Asia-Pacific Economic

External Affairs 31News From China November 2014

Cooperation (APEC) Economic Leaders Meeting, Xi said the leaders decided to build a future-oriented Asia-Pacific partnership, construct an open economy featuring development and innovation, i n te r l i n ke d g row t h a n d interests integration, and starts setting up an Asia-Pacific free trade zone.The APEC meeting also drafted a blueprint for inter-connectivity and reached consensus on economic i n n ova t i o n , re fo r m a n d growth, Xi said.The leaders called on emerging economies to strive for a sustained growth and act ively promote global economic governance.They also called on related developed countries to adopt responsible monetary polices to prevent spillover effect, expand investment and create sustained growth forces.Xi met other BRICS leaders hours ahead of the

Chinese President Xi Jinping (2nd R), Brazilian President Dilma Rousseff (C), Russian President Vladimir Putin (1st L), Indian Prime Minister Narendra Modi (2nd L) and South African President Jacob Zuma pose for a group photo before a meeting of leaders of the BRICS countries in Brisbane, Australia, Nov. 15, 2014. (Xinhua/Li Xueren)G20 summit in Brisbane. He arrived here late Friday to attend the summit and will later pay a state visit to Australia.

Chinese Premier Urges Further Cooperation within East Asia

Nay Pyi Taw, Nov. 13 (Xinhua) Chinese Premier Li Keqiang said here Thursday that China will strengthen cooperation with Southeast Asian countries and upgrade their partnership in the diamond decade.Li, who is here for a series of leaders meetings on East Asian cooperation and an official visit to Myanmar, also called on East Asian countries to maintain peace and stability in the region, push forward regional economic integration and enhance cooperation in finance and regional connectivity.UPGRADE PARTNERSHIP IN

DIAMOND DECADELi said China and Southeast Asian countries

will upgrade their partnership in the diamond decade of their cooperation, which would bring more benefits to their peoples and make further contribution to regional and world peace and development.Li and President U Thein Sein of Myanmar presided over the 17th China-ASEAN leaders meeting, during which the participating parties discussed the cooperation between the two sides and reached a wide range of consensus.Li said the China-ASEAN friendly cooperation h a s m a i n t a i n e d s u s t a i n e d a n d s t a b l e development, which is a good example of regional cooperation in East Asia. The strategic partnership between China and the ASEAN has entered a new historical stage which provides

External Affairs32 News From China November 2014

more treasured oppor-tunities for their compre-hensive cooperation.The Chinese government always places the China-ASEAN relationship as a priority in its neighborhood diplomacy, Li said, adding that China wil l f irmly support the building of the ASEAN community and support the ASEANs leading r o l e i n E a s t A s i a n cooperation.China is wi l l ing to e x p a n d p r a g m a t i c cooperation with ASEAN countries in various fields, c o n t i n u o u s l y d e e p e n integration of interests of both sides, and forge a closer China-ASEAN community with a common destiny, the premier said.Building on the achievements of the past gold decade of China-ASEAN partnership, Li said there are more favorable conditions for both China and the ASEAN to upgrade their relationship in the upcoming diamond decade.The ASEAN leaders welcomed Lis proposal to strengthen China-ASEAN cooperation, saying that China, as one of the most important partners of ASEAN, has made positive contribution to regional peace, development, stability and prosperity. ASEAN believes a rising China would benefit the Asia Pacific and the world.Thanking China for its support, the leaders said ASEAN is willing to increase mutual political trust, implement the 2+7 cooperation framework, deepen pragmatic cooperation, expand two-way trade and economic cooperation and investment, and facilitate regional interconnectivity with China.They said ASEAN will also actively push forward a good-neighborly cooperation treaty with China and further upgrade the ASEAN-China strategic partnership, in a bid to safeguard regional peace, stability and development.

PEACE, ECONOMIC INTEGRATIONLi called for maintaining peace and stability in East Asia and pushing forward regional economic integration and common development.He said that the fundamental reason for East Asias rapid development is a peaceful and stable regional environment.Stressing that durable peace and stability require the backing of strong institutional arrangements, Li said at the 9th East Asia Summit that China and the Association of Southeast Asian Nations (ASEAN) members are discussing the possibility of concluding a treaty on good-neighborliness, friendship and cooperation.The treaty is aimed at providing an institutional framework and legal guarantee for peaceful co-existence between the two sides from generation to generation, Li said.He said China is willing to sign legal documents with more countries in the region on good-neighborliness and friendship, and to discuss the security concept and framework that are in line with the regional situation.On non-traditional security, Li stated that China stands ready to work with others in the region to address issues including terrorism,

Chinese Premier Li Keqiang attends the 17th China-ASEAN summit in Nay Pyi Taw, Myanmar, Nov. 13, 2014. (Xinhua/Wang Ye)

External Affairs 33News From China November 2014 infectious diseases, climate change and disaster management.Regarding the maritime issues, the premier said the situation in the South China Sea is on the whole stable and the freedom and safety of navigation in the region is ensured.China and ASEAN members have identified the dual-track approach for dealing with the South China Sea issue, he said, according to which specific disputes are to be solved through negotiations and consultations by countries directly concerned and peace and stability in the region be jointly upheld by China and ASEAN countries working together.China and ASEAN agreed to actively carry out consultation to reach, on the basis of consensus and at an early date, a code of conduct in the South China Sea, for which early harvest has been achieved, Li said.In seeking the settlement of disputes, China proposes that relevant countries actively explore joint development, as this is a realistic and effective way to management differences, he added.To achieve regional economic integration, the premier urged cooperation in six key areas, including promoting trade and investment

facilitation, accelerating interconnectivity, expanding financial cooperation, stepping up poverty reduction cooperation, advancing maritime cooperation as well as intensifying people-to-people exchanges.He said that China will work with other parties to conclude negotiations on the Regio