, Oct. 31 -- Chinese President Xi Jinping on Friday outlined a five-point proposal to promote inclusive economic globalization and bolster the Asia-Pacific community, during his speech at the first session of the 32nd APEC Economic Leaders' Meeting.

He emphasized the need for joint efforts across the region, highlighting five key areas:

Safeguard the multilateral trading system: Xi called for true multilateralism and reforms within the WTO to better protect the rights of developing countries, while upholding core principles like most-favored-nation treatment and non-discrimination.

Build an open economic environment: He urged the promotion of trade and investment liberalization, deeper fiscal and financial cooperation, and closer regio...