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PORT MORESBY, Nov. 17-- Chinese President Xi Jinping stressed the importance of building an open, inclusive, innovative and rule-based world economy while addressing the Asia-Pacific Economic Cooperation (APEC) CEO Summit here on Saturday. In a keynote speech to the business leaders, Xi urged the international community to hold on to the right direction of world economy and work out an efficient global governance system. SAME SHIP "As we brave the rough waters of the global economy and confront the many risks and challenges, it is all too befitting that we have come together on this ship to chart the course for future development and cooperation," Xi said on board cruise ship Pacific Explorer in the Papua New Guinea (PNG) capital of Port Moresby, where the summit was held. While achieving its own development, China will make greater contributions to helping countries around the world realize shared prosperity, Xi said. In April next year, China will host the second Belt and Road Forum for International Cooperation in Beijing, the Chinese president announced, adding that the Belt and Road Initiative (BRI) is a major and transparent initiative with which China shares opportunities and pursues common development with the rest of the world. "Mankind has once again reached a crossroads," he said. "Which direction should we choose? Cooperation or confrontation? Openness or closing one's door? Win-win progress or a zero-sum game? The interests of all countries and indeed, the future of mankind hinge on the choice we make." | 
