Members of the Chinese business delegation to the APEC 2025 in Gyeongju, the Republic of Korea (ROK) said Chinese President Xi Jinping's remarks at the event have greatly boosted their confidence in expanding cooperation in the Asia-Pacific region during interviews with China Global Television Network.
In his speech at the first session of the 32nd APEC Economic Leaders' Meeting on Friday, Xi put forward five proposals for promoting a universally beneficial and inclusive economic globalization and building an Asia-Pacific community.
The Chinese president called for joint efforts to safeguard the multilateral trading system, build an open economic environment in the region, keep industrial and supply chains stable and smooth, advance the digital and green transformation of trade, and promote universally beneficial and inclusive development.
Jin Hongyuan, founder and CEO of Globesemi (Shanghai) Semiconductor, expressed his confidence in the future of the semiconductor industry and resolution to strengthen cooperation with partners across the Asia-Pacific region.
"President Xi's five proposals at APEC have given entrepreneurs even greater confidence. As a representative from the semiconductor industry, I believe semiconductors are central to the new quality productive forces and fit perfectly into the 15th Five-Year (2026-2030) Plan. The sector is bound to have vast room for growth. I intend to deepen cooperation across the Asia-Pacific, contributing more to the development of new quality productive forces, stronger supply chains, and advances in artificial intelligence," he said.
Jin Hongzhe, chairman of Jetpool International, hailed Xi's call for safeguarding the multilateral trading system, saying it shows China's sense of responsibility as a major power in stabilizing the world economy.
"Among President Xi's five proposals, the pledge to safeguard the multilateral trading system is of vital importance to traders. International trade, including trade between China and the ROK, has been greatly impacted by tariffs and other non-market factors in recent years. As the world's largest trading nation, China is proactively defending the multilateral trading system and stable supply chains. This is a powerful stabilizer for traders from around the world and for the global economy as a whole, including APEC," she said.
Zhao Jun, founder of the culture tourism IP "One Step One Realm", said Xi's proposals have drawn a bright prospect for the cultural sector in the region.
"President Xi's five proposals at APEC are greatly encouraging to us. I'm from the cultural sector. My company, 'One Step One Realm Culture and Tourism IP', specializes in integrating cultural and tourism intellectual properties. We use cultural tourism to empower trade. President Xi's call for an open economic environment and the cultural-powerhouse goal outlined in the 15th Five-Year Plan adopted at the fourth plenary session of the 20th Central Committee of the Communist Party of China has given us great confidence. We believe cultural exchanges will be a key growth driver in the Asia-Pacific region. Following the guidance of President Xi's five proposals, we are confident that cultural development will enjoy a flourishing future," Zhao said.
Xi's proposals at APEC 2025 inspire Chinese business leaders
Chinese Foreign Minister Wang Yi said on Tuesday that mediation efforts of the Pakistani side regarding the Middle East tensions are in the common interests of all parties.
Wang, also a member of the Political Bureau of the Communist Party of China Central Committee, made the remarks in his talks with Pakistani Deputy Prime Minister and Foreign Minister Mohammad Ishaq Dar in Beijing.
During their talks, the two sides exchanged views on current international issues and regional conflicts.
Wang welcomed the visit of the Pakistani side to Beijing for discussion on easing tensions in the Middle East, just after its holding of a quadrilateral foreign ministers' meeting in Islamabad.
He said China supports and looks forward to Pakistan playing a unique and important role in easing the situation and resuming peace talks. This process is no easy task, and Pakistan's mediation efforts are in line with the common interests of all parties, Wang added.
He noted China is willing to make joint efforts with Pakistan to end the hostilities as soon as possible, create opportunities for peace and open the window for peace talks.
On bilateral ties, Wang said this year marks the 75th anniversary of the establishment of diplomatic relations between China and Pakistan, calling on both sides to implement the important consensus reached by the leaders of the two countries and constantly advance the building of a China-Pakistan community with a shared future.
For his part, Dar said the Pakistan-China friendship is precious and deeply rooted in people's hearts, adding that Pakistan is willing to work with China to promote the continuous development of the all-weather strategic cooperative partnership between the two countries.
Dar thanked China for supporting Pakistan's mediation of the situation in Iran, adding that the current conflict has disrupted international energy supplies and caused heavy damage to developing countries.
Noting that solutions can only be found through negotiation, Dar said Pakistan is willing to strengthen communication and coordination with China to push all parties to start peace talks as soon as possible and restore regional peace.
The two sides also put forward a five-point initiative for restoring peace and stability in the Gulf and the Middle East region:
I. Immediate cessation of hostilities: China and Pakistan call for immediate cessation of hostilities and utmost efforts to prevent the conflict from spreading. Humanitarian assistance must be allowed to all war-affected areas.
II. Start of peace talks as soon as possible. Sovereignty, territorial integrity, national independence and security of Iran and the Gulf states should be safeguarded. Dialogue and diplomacy is the only viable option to resolve conflicts. China and Pakistan support the relevant parties in initiating talks, with all parties committing to peaceful resolution of disputes, and refraining from the use or the threat of use of force during peace talks.
III. Security of nonmilitary targets. The principle of protecting civilians in military conflict should be observed. China and Pakistan call on parties to the conflict to immediately stop attacks on civilians and nonmilitary targets, and fully adhere to International Humanitarian Law, and stop attacking important infrastructure, including energy, desalination and power facilities, and peaceful nuclear infrastructure, such as nuclear power plants.
IV. Security of shipping lanes. The Strait of Hormuz, together with its adjacent waters, is an important global shipping route for goods and energy. China and Pakistan call on the parties to protect the security of ships and crew members stranded in the Strait of Hormuz, allow the early and safe passage of civilian and commercial ships, and restore normal passage through the Strait as soon as possible.
V. Primacy of the United Nations Charter. China and Pakistan call for efforts to practice true multilateralism, to jointly strengthen the primacy of the United Nations, and to support the conclusion of an agreement for establishing a comprehensive peace framework and realizing lasting peace based on the purposes and principles of the UN Charter and international law.
Pakistan's mediation efforts in common interests of all parties: Chinese FM
