"China plays an important role in Asia Pacific Regional Economic Cooperation"

2021-12-06

"China relies on novel coronavirus pneumonia and its openness to boost strong regional economic cooperation." the Thailand Siam think tank and vice president of Thailand Zhengda School of management, Hongfeng, recently told our reporter that in the face of the new crown pneumonia epidemic, the Asia Pacific economies are increasingly aware of the importance of strengthening regional economic cooperation and opening up the Asia Pacific destiny community. The trend of regional economic integration is more obvious. Hong Feng said that since its inception, APEC has played an important role in promoting economic globalization, trade and investment liberalization and facilitation. In the context of the epidemic, economies in the Asia Pacific region are increasingly aware of the need to expand opening-up, ensure vaccine supply, promote the development of digital economy and green economy, encourage regional economic cooperation, and promote the recovery of economies as soon as possible with overall strength. "As the world's second largest economy and the largest developing country, China plays an important role in regional economic cooperation in the Asia Pacific region." Hong Feng believes that China's great achievements in combating the epidemic have ensured steady economic development, stabilized the global industrial chain and supply chain, laid a foundation for the recovery of the Asia Pacific economy and is an important force for regional prosperity and stability. On this basis, China has actively carried out anti epidemic cooperation with neighboring countries, provided vaccines and medical materials, and strongly supported the anti epidemic and post epidemic economic recovery of these countries. The total trade volume of APEC member economies accounts for a large proportion of Global trade, and international trade is very important for Asia Pacific economic recovery. Hong Feng believes that China's huge and dynamic consumer market has great attraction to other economies in the Asia Pacific. "China has been implementing trade facilitation measures and continuously relaxing market access in the fields of investment and services. The just concluded fourth China International Import Expo is a good example." Hong Feng said that strengthening trade and investment cooperation with China will provide growth impetus for other economies in the Asia Pacific and realize trade driven economic recovery, "China's determination to open up has encouraged confidence in deepening regional economic cooperation.". Green low-carbon transformation and sustainable development are one of the important topics of this year's APEC Business Leaders Summit. Hong Feng believes that it is an inevitable choice for the Asia Pacific region to follow the path of green development in order to achieve inclusive and sustainable growth. China's experience in green development can be used for reference by other Asia Pacific economies. He said that we will strive to achieve carbon peak by 2030 and carbon neutrality by 2060, This is China's solemn commitment to the world. At the same time, China also strongly supports the green and low-carbon development of developing countries. "China's financial and technological support will help other economies achieve green transformation". (outlook new era)

Edit:Ming Wu    Responsible editor:Haoxuan Qi

Source:people.cn

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