Xi urges Asia-Pacific economies to enhance mutually beneficial cooperation, jointly create sustainable beautiful future

GYEONGJU, South Korea, Nov. 1 (Xinhua) -- Chinese President Xi Jinping said here Saturday that economies in the Asia-Pacific region should strengthen mutually beneficial cooperation, seize new opportunities, address new challenges, and jointly create a sustainable and prosperous future.

Asia-Pacific economies should deepen open-source technological cooperation and create a competitive open innovation ecosystem, said Xi in a speech at the second session of the 32nd APEC Economic Leaders' Meeting.

He said that the economies should bear humanity's well-being in mind, promote healthy and orderly development of artificial intelligence (AI) in a beneficial, safe and equitable direction.

The economies should resolutely fulfill common but differentiated responsibilities, and urge developed economies to continue to provide necessary support to developing economies in such areas as funding, technology and capacity building, he added.