President urges 'open development' in APEC speech

President Xi Jinping once again highlighted the importance of open economies and inclusive development for a new round of global prosperity on Saturday, the second day of his attendance at APEC events.

Xi made the remark while speaking at the 25th Asia-Pacific Economic Cooperation Economic Leaders' Meeting in the coastal Vietnamese city of Da Nang.

The 21 APEC members should promote innovation as a strong growth driver and open up their economies to create more space for development, Xi said.