Chinese President Xi Jinping has delivered a keynote speech at the APEC CEO Summit in Beijing. Xi said that the Asia-Pacific region has entered a golden phase of development. He called for initiating Free Trade Area of the Asia-Pacific (FTAAP) along with open economic integration in the region. He also stressed that building an open economic system in the Asia-Pacific is crucial and that only reformers and innovators will emerge stronger and win in the new round of global growth.

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