China will continue to follow the peaceful path of development and will remain the guarantor of peace and stability in the Asia-Pacific region (APR), Chinese President Xi Jinping said.

Peace is the most valuable thing in the world, and there must be harmony between all countries, he said when speaking during APEC summit in Vietnam, RIA Novosti reported.

He stressed that China in the future will be guided by the principle of justice and will develop relations of a new type with mutual respect, fairness and mutually beneficial cooperation between the countries.