APEC Leaders Meet on Sustainable Growth, Regional Cooperation
   2013-10-07 18:42:22    CRIENGLISH.com      Web Editor: Yangyang


The Asia Pacific Economic Cooperation summit has opened on the Indonesian island resort of Bali, with heads of state and governments from a dozen countries on both sides of the Pacific expected to discuss a number of world economic issues.

CRI's Su Yi has more.

Sustainable growth with equity and connectivity are expected to take the center stage at the summit.

Indonesian President Susilo Bambang Yudhoyono says stronger cooperation among companies in the APEC region can be a way to cushion a downturn.

He notes some developed countries are returning to growth, while at the same time, a number of developing countries are still facing a slow-down.

"With its combined potential, APEC is in the ideal position to kick-start the recovery of the global economy. Therefore, APEC members must put efforts in both individual and collective measures to promote growth."

Chinese President Xi Jinping is attending the meeting for the first time since he assumed presidency in March.

President Xi is expected to elaborate China's positions on such issues as current global economic landscape, APEC's role in boosting multi-lateral trade system, inter-connectivity in the Asia-Pacific region and sustainable growth.

China joined APEC in 1991.

The country has also become an advocate for numerous international issues including food security and disaster prevention, among others.

Liu Chenyang is the deputy director of the APEC Study Center at Nankai University.

"China is playing a more and more important role in perfecting and expanding cooperation areas within APEC and its long effectiveness. Before, we were just adapting ourselves into the frame, playing as an active participant. But from now on, China will be more likely a pacemaker by the country's influence."

Xi Jinping has already met with several of his counterparts including ones from South Korea, Australia, New Zealand, Chile and Thailand ahead of the opening of the meeting.

For CRI, I'm Su Yi.




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