During Bogor Meeting, President Jiang elaborated the 5 principles on the economic cooperation in the Asia-Pacific region and put forward the initiative that Meeting of Ministers responsible for scientific and technological cooperation should be convened.

President Jiang made two speeches. In his keynote speech, he elaborated China's opinions on the international situation, economic situation and cooperation in the Asia-Pacific region. Taking the diversity and mutual interdependence in this region into account, President Jiang put forward the 5 principles on the future economic development of the Asia-Pacific region. The 5 principles are:

(1) mutual respect and consensus;

(2) gradual progress in an orderly and steady manner;

(3) mutual opening without exclusion;

(4) extensive cooperation, mutual benefit and reciprocity;

(5) narrow the gap and achieve common prosperity.

Concerning trade and investment liberalization, President Jiang pointed out clearly that China was in favor of trade and investment liberalization as a long-term goal and the formulation of an appropriate timetable for implementation. China also agreed that the meeting reach agreements of intent on these issues. He stated that trade liberalization should be based on the principle of non-discrimination and should accommodate the diverseness in the Asia-Pacific region. APEC members should proceed in a gradual, orderly and phased manner. On issues like scientific and technical cooperation as well as human resources development and the construction of infrastructure, President Jiang also posed his thinking and concrete proposals which included an initiative that one APEC Meeting of Ministers responsible for scientific and technological cooperation convened in Beijing.

Seattle Meeting (1993)

In November 1993, President Jiang took part in the first APEC Economic Leaders' Meeting and raised the important question "What kind of a world are we going to usher into the 21st century?"

During the meeting, President Jiang made important speeches on the three agenda items of the vision for the Asia-Pacific region, priorities for regional economic cooperation, means and mechanisms for regional economic cooperation. President Jiang pointed out that the world was approaching the 21st century. "What kind of a world are we going to usher into the 21st century?" is a very important question that our current leaders should ponder and answer. He said that it would be a good thing to have genuine peace and prosperity for mankind after joint efforts. The leaders would not be able to account for it to the world people if the world continued to be chaotic, insecure and plagued by economic troubles at the turn of this century. President Jiang also raised the guiding principles for regional economic cooperation: mutual respect, equality and mutual interest, opening to each other and common prosperity.