International observation: China's contribution to promoting sustainable development in the Asia Pacific region

2023-11-15

The 30th APEC Leaders' Informal Meeting is about to be held in San Francisco, United States. The theme of this meeting is "Creating a resilient and sustainable future for all", fully highlighting the importance and urgency of sustainable development. From China's concept, China's plan, to China's actions, from bilateral and regional cooperation to multilateral cooperation, China works together with all members under the APEC framework to promote sustainable development and green transformation in the Asia Pacific region. On November 12th, in San Francisco, USA, reporters passed a poster at the International Media Center of the 2023 APEC Conference. The International Media Center of the 2023 APEC Conference has been opened to registered journalists. Li Rui, a journalist from Xinhua News Agency, insists on openness and inclusivity. China's wisdom provides driving force for the development of the Asia Pacific region. The latest "Asia Pacific Economic Outlook Report" released by the International Monetary Fund (IMF) predicts that the annual economic growth rate of the Asia Pacific region is expected to reach 4.6% in 2023, higher than the 3.9% growth forecast made in 2022; The Asia Pacific region is expected to contribute approximately two-thirds to world economic growth. The development and prosperity of the Asia Pacific region deeply affect the future and destiny of the world. APEC is the highest level, widest range, and most influential economic cooperation mechanism in the Asia Pacific region. On November 20, 2020, the 27th APEC Leaders' Informal Meeting adopted the "2040 APEC Butragaya Vision" (hereinafter referred to as the "Butragaya Vision"), guiding the direction of APEC cooperation for the next 20 years. Liu Chenyang, Director of the APEC Research Center at Nankai University, stated that APEC has a large number of members, significant differences in economic development levels, and diverse demands for interests. The purpose of the Butragaya Vision is to build an open, dynamic, strong, and peaceful Asia Pacific community by 2040, and to prioritize cooperation in the digital economy, inclusiveness, and sustainable growth in the new era. This further expands the breadth and depth of Asia Pacific regional cooperation and is of great significance for promoting the improvement of the global economic governance system. He believes that the inclusion of inclusiveness and sustainable growth in the Butragaya Vision fully demonstrates the further enhancement of consensus among APEC members on strengthening cooperation in this field. China is steadfast in expanding its opening-up and is an active advocate and steadfast practitioner of Asia Pacific cooperation. On November 11, 2021, From macroeconomic policy coordination to the construction of high standard free trade zones, the Asia Pacific region has maintained rapid development for a long period of time. In the final analysis, this is thanks to efforts to create an open economic pattern and to building an Asia Pacific partnership of mutual trust, inclusiveness, cooperation, and win-win results In 2022, the trade volume between China and the Asia Pacific region reached 3.1 trillion US dollars, a year-on-year increase of 19.2%, accounting for foreign trade in China

Edit:Ling Xiaotong    Responsible editor:Li Yi

Source:people.cn

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