Chinese leader’s trips to Peru and Brazil: Deepen international cooperation and promote a new process of global governance
In November 2024, Chinese President Xi Jinping will embark on important visits to Peru and Brazil. This is not only a major diplomatic move for China but also an event of profound significance for the Asia-Pacific region and global governance. This visit includes attending the 31st Informal Leaders’ Meeting of the Asia-Pacific Economic Cooperation (APEC) and conducting a state visit to Peru, as well as attending the 19th Summit of the Group of Twenty (G20) and conducting a state visit to Brazil, which has drawn extensive attention and anticipation from the international community.
Peru and Brazil are important countries in Latin America, and their cooperation with China has a broad foundation and great potential. Peru is one of the first Latin American countries to establish diplomatic relations with New China, establish a comprehensive strategic partnership and sign a package of free trade agreements. Besides, In the 50 years since the establishment of diplomatic relations, China-Brazil relations have developed in a healthy and stable manner, and practical cooperation has yielded fruitful results. President Xi Jinping’s visit to Brazil this time will include talks with President Lula to consolidate political mutual trust, and deepen strategic communication and coordination.
Chinese leader’s visit to Latin America is a diplomatic move of great historical significance and far-reaching impact, which will consolidate bilateral political mutual trust, deepen practical cooperation, promote mutual learning among civilizations, strengthen multilateral cooperation, and push the China-Peru and China- Brazil comprehensive strategic partnership to a new level. In the future, with the deepening of cooperation between China and Latin American countries, new achievements will be made in building a China-Latin America community with a shared future.
The Asia-Pacific region is full of economic vitality. The Asia-Pacific Economic Cooperation (APEC) plays a crucial role in promoting regional economic development and liberalization and facilitation of trade and investment. Since 2013, President Xi has attended or chaired the APEC Informal Leaders’ Meetings on many occasions and put forward practical propositions and initiatives. It is of great significance for President Xi to attend the 31st APEC Informal Leaders’ Meeting against the background of the accelerating changes in the world and the risks and challenges facing the global economy.
The attendance, firstly, injects new impetus into Asia-Pacific economic recovery. Global economic growth is sluggish, and Asia-Pacific regional economic cooperation is facing challenges. The attendance of President Xi will provide impetus and confidence for the economic recovery of the Asia-Pacific region. He will introduce China’s measures to deepen reform and opening up, expound on China’s policy propositions for promoting Asia-Pacific cooperation, and lead and stimulate economic vitality and promote liberalization and facilitation of trade and investment.
Besides, it will promote the process of Asia-Pacific regional integration. Strengthening regional integration cooperation is an inevitable choice, as the economies of countries in the Asia-Pacific region are highly interdependent. President Xi Jinping advocates an Asia-Pacific cooperation concept of openness, inclusiveness, and connectivity. At this meeting, he will discuss with leaders of all parties on reducing trade barriers and strengthening intra-regional economic cooperation to promote Asia-Pacific regional integration. China actively participates in regional economic cooperation mechanisms, such as high-quality implementation of the Regional Comprehensive Economic Partnership Agreement, and makes contributions to Asia-Pacific regional integration.
Moreover, the meeting will help cultivate the consciousness of an Asia-Pacific community with a shared future. Building an Asia-Pacific community with a shared future is an important concept put forward by President Xi Jinping and has been widely recognized. At this meeting, he will emphasize its importance and promote countries to strengthen cooperation in multiple fields and jointly address global challenges. He will attempt to enhance mutual understanding through strengthening people-to-people and promote the construction of an Asia-Pacific community with a shared future.
The Group of Twenty (G20) shoulders an important mission in promoting stable growth of the world economy and improving global economic governance. At present, the world economy lacks growth momentum, global development is facing challenges, and there are increasing unstable and uncertain factors in the international situation, so the summit has attracted much attention.
President Xi Jinping has attended or chaired G20 leaders’ summits for many times, providing ideological guidance for resolving global development issues and improving global economic governance. His attendance at the 19th summit demonstrates China’s firm support for multilateralism and high regard for G20 cooperation.
President Xi may advocate multilateralism to address global challenges. At present, protectionism is on the rise and anti-globalization sentiment is surging, posing severe challenges to multilateralism. President Xi firmly advocates multilateralism and opposes trade protectionism and behaviors of decoupling and severing supply chains. Centering on the theme of “Building a just world and a sustainable planet,” he calls on all countries to adhere to the original intention of unity and cooperation and jointly address global challenges.
G20 summit will promote the reform of the global economic governance system. The reform of the global governance system lags behind and is difficult to adapt to the new situation. China advocates practicing true multilateralism and leading the reform of global governance. Within the G20 framework, China contributes to increasing the representation and voice of developing countries. At this summit, President Xi will continue to promote the reform of the global economic governance system to make it more fair, reasonable and effective.
In the future, China will continue to play its role as a major country, work with Latin American countries to promote the reform and improvement of the global governance system, and make greater contributions to building a community with a shared future for mankind. We look forward to a complete success of President Xi’s visit to Latin America, which will bring more opportunities and hope to world peace and development.