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Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
Bishkek, October 30 (Xinhua) — China is a key participant in the Asia-Pacific Economic Cooperation (APEC) and has a positive impact on the region's stable development, Kyrgyz political scientist Igor Shestakov told Xinhua ahead of the 32nd APEC Informal Leaders' Meeting, which will be held from October 31 to November 1 in Gyeongju, South Korea.
As the expert noted, the Asia-Pacific region is currently facing challenges such as protectionism and unilateralism, and “China’s position is that the world is multipolar.”
According to I. Shestakov, current global processes are impacting APEC's development. "Undoubtedly, China's participation, as one of the world's leading economies, is key to this organization. And for China, this is also an opportunity to test its initiatives in the face of sanctions threats from individual countries," he said.
Over the past decade, China has put forward a number of concepts and initiatives, including the concept of building a community with a shared future for humanity, the Belt and Road Initiative, and four global initiatives—the Global Development Initiative, the Global Security Initiative, the Global Civilization Initiative, and the Global Governance Initiative. "These concepts and initiatives, as well as China's initiative to build a multipolar world, are crucial for ensuring stable global development without social, economic, and geopolitical upheavals," noted I. Shestakov.
The political scientist emphasized that China pursues a foreign policy based on the spirit of friendship and cooperation and is interested in the stable and predictable development of its partners. "For APEC, China is not only a mutually beneficial trade and economic partner, but also a country that positively influences the stable development of the entire Asia-Pacific region," he noted.
China doesn't make any demands on cooperation, as some countries do, demanding democratic and political reforms from their partners, added I. Shestakov. "In this regard, China opens up more opportunities for APEC: both in terms of investment and in terms of modernizing economic processes," he emphasized.
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