Leaders from 21 Pacific Rim economies have gathered in South Korea for this year's APEC meetings under the theme "Shared Growth Through Openness and Innovation." In his keynote speech, Chinese President Xi Jinping called for safeguarding the multilateral trading system, deepening regional integration, and ensuring that development benefits all. What key signals are coming out of this year's APEC? How is China positioning itself as a stabilizing force for openness, cooperation, and shared growth? And can APEC still serve as a driving engine for regional integration and global recovery amid a world increasingly marked by fragmentation?