Chinese President Xi Jinping attends the 25th Asia-Pacific Economic Cooperation (APEC) Economic Leaders' Meeting in Da Nang, Vietnam, Nov. 11, 2017. (Xinhua/Lan Hongguang)

DA NANG, Vietnam, Nov. 11 (Xinhua) -- Chinese President Xi Jinping on Saturday underscored the significance of innovation, opening-up and inclusive development for a new round of global prosperity.

Speaking at the 25th Asia-Pacific Economic Cooperation (APEC) Economic Leaders' Meeting in Vietnam's central city of Da Nang, Xi called on the 21 APEC members to promote innovation as a strong growth driver, open up their economies to create more space for development, pursue inclusive development to enhance their people's sense of fulfillment, and enrich their partnerships and deliver benefits to all involved.

"History has taught us that closed-door development will get nowhere, while open development is the only right choice," he said.

"Looking ahead, China will open still wider and its development will deliver even greater benefits to the rest of the world," he said.