China has said that it will hold third Belt and Road Forum for International Cooperation next year to give a new boost to development and prosperity in Asia-Pacific and the wider world. Chinese President Xi Jinping made such statement while addressing the 29th Asia-Pacific Economic Cooperation Economic Leaders' Meeting in Thailand. Xi called for building an Asia-Pacific of peace and stability, highlighting the critical importance of mutual respect, solidarity and cooperation, and consultation among all parties for the greatest denominator when something comes up, according to China Daily. Xi calls for promoting prosperity for all in Asia-Pacific. Xi stressed the need to make sure that development is for the people and by the people, and that its fruits are shared among the people, calling for efforts to promote prosperity for all in the Asia-Pacific.