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Vice Foreign Minister Li Baodong Writes Article on APEC Economic Leaders' Meeting
2013-09-29 07:55

The 21st APEC Economic Leaders' Meeting will be held from 7 to 8 October in Bali Island, Indonesia. On 25 September, the Indonesia-based Jakarta Post published the full text of an English article about the APEC by Vice Foreign Minister Li Baodong. The excerpt of the article is as follows:

Over the 20-plus years since its founding, APEC has remained steadfast in the promotion of regional economic integration as a core agenda by simultaneously pursuing Trade and Investment Liberalization and Economic and Technical Cooperation (ECOTECH). APEC has constantly deepened and pushed the boundaries of cooperation, making unique contributions to the economic growth and shared prosperity of the Asia-Pacific region. APEC can be called a trailblazer for regional cooperation in a globalized world, a contributor to global economic governance, a forerunner of development reform, and an incubator for cutting-edge achievements in international economic development.

Twenty-two years ago, China took an important step of deeper participation in regional and global economic cooperation by joining APEC. That decision has greatly promoted China's reform and opening-up process. Through years of continued development and progress, the Chinese economy and that of the rest of the Asia-Pacific are highly interdependent and complementary. The Asia-Pacific region has become the most important basis for China's foreign trade and investment. At the same time, China's rapid development and huge market have also fuelled the economic growth of the Asia-Pacific region.

Now, the Chinese economy and that of the rest of the Asia-Pacific are at another historical starting point to scale new heights. APEC will, taking the opportunity of China assuming the chairmanship of APEC in 2014, carry forward the spirit of openness, inclusiveness, mutual benefit and win-win progress, build closer partnerships among member Economies and inject new vigor and strength into the long term development of the region, so as to ensure that Asia-Pacific will continue to lead the world economic growth.

The article link:

http://www.thejakartapost.com/news/2013/09/25/apec-a-win-win-success-mutual-benefit.html

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