The Asia-Pacific region’s remarkable economic growth has been fueled by openness and integrated development, according to Foreign Ministry spokesman Guo Jiakun. Speaking at a press briefing on Wednesday, Guo emphasized that these principles are not only the foundation of the region’s success but also the key to overcoming future challenges and fostering a shared future. This statement comes as international institutions, including the International Monetary Fund (IMF), caution that rising tariffs and protectionism could undermine the region’s economic resilience. Despite these concerns, the Asia-Pacific remains the fastest-growing area globally, with the IMF projecting a 4.5% growth rate for 2025. China and the Association of Southeast Asian Nations (ASEAN) have solidified their economic partnership, maintaining their status as each other’s largest trading partners for five consecutive years. The recent signing of the China-ASEAN Free Trade Area 3.0 Upgrade Protocol underscores this deepening collaboration, which is expected to bolster economic growth both regionally and globally. Guo also highlighted China’s commitment to aligning with high-standard international trade rules and upgrading existing free trade agreements. By promoting regional economic integration through high-level opening-up, China aims to build an Asia-Pacific community characterized by openness, inclusiveness, innovation, connectivity, and mutually beneficial cooperation.
