Chinese President Xi Jinping addresses the Informal Economic Leaders' Retreat of the Asia-Pacific Economic Cooperation (APEC) via video link in Beijing, capital of China, July 16, 2021. (Xinhua/Li Xueren)

BEIJING, July 16  -- Chinese President Xi Jinping started addressing the Informal Economic Leaders' Retreat of the Asia-Pacific Economic Cooperation (APEC) held on Friday.

The meeting was initiated by this year's APEC chair New Zealand.