Pacific Rim economies need to better coordinate their macroeconomic policies and uphold the spirit of win-win cooperation so as to play a leading role in advancing an open world economy.

As President Xi Jinping said in a keynote speech at the Asia-Pacific Economic Cooperation economic leaders' meeting in Bali, Indonesia, on Monday, APEC economies should enhance regional economic integration and promote positive interaction.

That the members should "pursue win-win cooperation in an open and inclusive spirit" instead of "stepping on the feet of another" or even undercutting one another's efforts, is what the Chinese leader called for in the face of global economic difficulties. Moreover, we must have the courage and resolve to face them head on.