On the morning of November 16, 2023 local time, President Xi Jinping delivered a written speech entitled "Meeting Challenges with Unity of Purpose to Write a New Chapter for Asia-Pacific Cooperation" at the APEC CEO Summit held in San Francisco.

Xi Jinping pointed out that three decades ago, the leaders of the Asia-Pacific region followed the trend toward peace and development, and convened the inaugural APEC Economic Leaders' Meeting, which enabled Asia-Pacific development and economic globalization to embark on a fast track of growth, turning the region into a powerhouse for world economic growth and an anchor of stability for global development. Xi Jinping said, "Over the three decades, we have stayed committed to open regionalism, stayed open and inclusive, drawn on each other's strengths, and stayed focused on development. We jointly developed 'the APEC Approach' based on the principles of voluntarism, consensus-building and incremental progress, and promoted the spirit of partnership featuring harmony without uniformity, seeking common ground while shelving differences, and solidarity and mutual assistance. There is so much we can draw from this remarkable journey of Asia-Pacific cooperation."

Xi Jinping stressed, "The world has entered a new period of turbulence and change. Where will Asia-Pacific cooperation be headed in the next 30 years? This is a new question of the times facing us. We should stay committed to APEC's founding mission, and move to relaunch Asia-Pacific cooperation."

He said, "We should jointly uphold the purposes and principles of the U.N. Charter, and follow the right norms for state-to-state relations to maintain Asia-Pacific prosperity and stability through dialogue and partnership rather than confrontation and alliance. The region cannot and should not be an arena for geopolitical rivalry, still less should it be plunged into a new cold war or camp-based confrontation." He said, "We should remain committed to open regionalism, and steadfastly advance the building of a Free Trade Area of the Asia-Pacific. We should make our economies more interconnected, and build an open Asia-Pacific economy featuring win-win cooperation. We should promote transition to digital, smart and green development. We should boost innovation and market application of scientific and technological advances, and push forward the full integration of digital and physical economies. We should jointly improve global governance of science and technology, and build an open, fair, just and non-discriminatory environment for the development of science and technology."

Xi Jinping stressed that this year, China's economy has been steadily recovering and turning for the better. And solid gains have been made in the pursuit of high-quality development. China remains the most powerful engine of global growth. China enjoys distinct strengths such as a socialist market economy in systemic terms, a supersize market in terms of demand, a full-fledged industrial system in terms of supply, and abundant, high-caliber labor forces and entrepreneurs in terms of human resources. China's economic development is self-generative, resilient and has many potentials. The overall Chinese economy will remain promising in the long run. China has the confidence in, and even more capability of achieving long-term and stable growth, and through its development, it will continue to provide the world with new growth momentum and opportunities. China remains committed to pursuing development with its doors open and will unswervingly advance high-standard opening up. China's resolve to foster a market-oriented, law-based and world-class business environment will not change. And its policy of providing equal and quality services to foreign investors will not change. The immutable goal of Chinese modernization is to deliver a better life to the whole of more than 1.4 billion Chinese people. For the world, this means a broader market and unprecedented cooperation opportunities. It will also instill strong impetus in the global modernization endeavor. Xi Jinping hopes to see an active part of the global business community in the Chinese modernization drive to benefit from the huge opportunities brought by China's high-quality development!