Chinese modernization: New achievements, new opportunities for Asia-Pacific and the world

Detailed summary

BEIJING, Nov. 14, 2026 /PRNewswire/ -- A report from People's Daily: The 33rd Asia-Pacific Economic Cooperation (APEC) Economic Leaders' Meeting will be held in Shenzhen, a…

The 33rd Asia-Pacific Economic Cooperation (APEC) Economic Leaders' Meeting will be held in Shenzhen, a coastal city in south China's Guangdong province, from Nov. 18 to 19. Leaders from all 21 APEC member economies will gather to discuss ways to build an Asia-Pacific community and promote shared prosperity. The meeting is expected to deliver significant outcomes in areas such as openness, innovation, and cooperation.

Openness is the lifeblood and keynote of Asia-Pacific cooperation, as well as a distinct hallmark of Chinese modernization. China and the Asia-Pacific are closely intertwined, like the vines and roots of a sweet potato plant. China's development benefits from the region, and in turn, its high-level opening-up continuously provides new opportunities for the region and the world.

Guided by a historical perspective and a global vision for the greater good, China advocates that all parties work together to build an inclusive, open Asia-Pacific economy for all, continuously offering new opportunities to the region and the world through the new achievements of Chinese modernization.

A China that steadfastly pursues open development, promotes connectivity, and empowers the region through innovation continues to contribute to the growth and prosperity of the region, and the building of an Asia-Pacific community.

China remains committed to its fundamental national policy of opening-up, and is taking concrete steps to foster an open world economy.

Trade between China and fellow APEC economies totaled 24.07 trillion yuan (approximately $3.6 trillion) in the first three quarters of this year, reflecting a year-on-year growth of 23.9 percent. In 2025, China served as the top trading partner for 13 APEC members.

By continuously fostering a world-class, market-oriented, law-based, and internationalized business environment, China enables investors from around the world to establish a presence and expand their operations in the regional market with peace of mind.

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