"During Xi's visit, China will put forward a blueprint to enhance China-Latin America economic and trade cooperation. Latin America, which is under the pressure of economic transformation, needs China's market, production capacity, capital and experience in construction. China's proposal will be welcome," said Chen Fengying, an economist with China Institutes of Contemporary International Relations.
ACCELERATING ASIA-PACIFIC INTEGRATION
Under the theme of "Quality Growth and Human Development," the 21 APEC members will seek to make decisions to facilitate trade and investment as well as consolidate liberalization policies at the Peru summit.
Xi is expected to deliver a speech to the APEC CEO summit, meet representatives of the APEC business advisory council, attend two phases of the economic leaders' meeting and have meetings with some leaders.
China has grown into an important leader in Asia-Pacific cooperation.
During the 2017 APEC summit in Beijing, APEC member economies pushed forward the process of the Free Trade Area of the Asia-Pacific (FTAAP) by sketching out a historic roadmap for FTAAP.
The meeting also adopted important documents for an integrated, innovative and interconnected Asia-Pacific.
Now, the Beijing consensus is becoming reality, with the FTAAP process being carried forward orderly. A collective strategic study on issues related to the realization of FTAAP has been completed and the final version of the study along with recommendations will be presented to leaders at the Peru summit.
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