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He said that China will enhance communication and coordination with Indonesia within the framework of APEC, so as to achieve positive progress at the APEC meeting this year, continue to push for the economic integration in the Asia-Pacific, and inject new impetus into the economic development of the Asia-Pacific region and the world.

APEC is a pioneer in building an open global economy. As the Bogor Goals are set for 2020, we should set our sights on post-2020 cooperation and endeavor to build a free trade area of the Asia-Pacific (FTAAP). We should say no to protectionism and unilateralism, uphold the WTO-centered multilateral trading system, make economic globalization more open, inclusive, balanced and beneficial to all, and expand converging interests and share opportunities through opening-up and cooperation.

However, the growth of foreign trade might be pulled back because of a high comparative base during the same period last year, the ministry added.

During the sixth session of the Arab-China Cooperation Conference on Energy from Nov. 5 to 8, the two sides highlighted the significance of the ongoing energy projects carried out by Chinese corporations in Arab states, as well as opportunities for further Arab-China collaboration.

He warned of accelerated accumulation of risks in the global economy and pledged that China will firmly push forward a new round of reform and opening-up, with increased efforts in intellectual property rights (IPR) protection and more imports.