Philippine President: APEC Meeting Defines Paths to Take



China Is Good Place for Investment: Chubb Chairman
Dean R. O'Hare, chairman and chief executive officer of Chubb Corporation, a major diversified U.S. financial services company, said here that under the current economic situation, China is a good place to put money in.


Equity Market to Play Bigger Role
Development of equity markets will continue to be one of the primary engines fuelling a regional economic upturn in the APEC region, said senior officials attending the ongoing APEC CEO Summit yesterday.


Interview: APEC to Play an Active Role
in Region's Recovery, Says Thai Minister
Although Asia-Pacific economies are indeed experiencing a slowdown and the prospect is unclear, Thailand believes that Asia-Pacific Economic Cooperation (APEC) will play a significant role in pulling them out of the crisis, Thai Commerce Minister Adisai Bhotharamik told Xinhua in an interview on Sunday.


Richer APEC Members Urged
to Help Poorer Members: Mahathir
Malaysian Prime Minister Mahathir Mohamad said Tuesday that the richer APEC members should give a helping hand to the poorer members , apart from working as a group to influence the international affairs.


Bill Gates on Future of Technology
Microsoft chairman Bill Gates, speaking Friday at the Economic Leaders' Meeting of the Asia- Pacific Economic Cooperation (APEC), reiterated that computer technology will improve business efficiency and overall productivity.


APEC Economic Prospect for This Year Remains Weak
APEC economic prospects for the year remain weak as the negative impact of the global cyclical downturn rippled through and dampened business and consumer confidence, the APEC Economic Committee said in its annual report of "APEC Economic Outlook."


Long-term Economic Growth Still Positive
Kyung Tae Lee, chair of the APEC Economic Committee (EC), observed that the medium and long-term growth prospects for the APEC region as a whole are promising - despite the difficulties posed to global economy brought by the terrorist attacks and ensuing war against terrorism, according to the APEC Today.


Oracle VP Gives Advice on Doing Business in China
Kevin Walsh, a vice president of Oracle, the software giant based in Redwood, California, was interviewed in Shanghai on October 17 by china.org.cn after a press conference at the Asia-Pacific Economic Cooperation International Media Center on Human Capacity Building.


APEC Foresees Japan's Economic Growth to be Accelerated by IT
Information technology (IT) has a potential to accelerate the long-term economic growth of Japan by improving productivity, according to a report released by the Asia-Pacific Economic Cooperation (APEC).


Interview: Joint Participation, Common Prosperity
On the eve of the three-day 2001 APEC CEO meeting, reporters Qu Zhehan and Dai Lan of People's Daily had an interview with Yu Xiaosong, chairman of the China Council for the Promotion of International Trade, discussing the following issues.


Jiang,Bush Meeting Very Important: Spokeswoman
The forthcoming meeting between Chinese President Jiang Zemin and US President George W. Bush on the sidelines of the October 20-21 APEC Economic Leaders' Meeting will be very important, spokesperson of China Secretariat for APEC 2001 Zhang Qiyue said in Shanghai on Thursday.


APEC Meeting "Timely" for Raising Confidence in World Economy: Canadian Minister
The forthcoming APEC meeting is a "timely" international gathering for raising people's confidence in the sluggish world economy, Canadian Minister of International Trade Pierre Pettigrew said here Wednesday.


Past Lessons Show Worth of Trade Talks
The foreign minister of New Zealand said he was confident the November ministerial meeting of the World Trade Organization (WTO) would be able to start a new round of trade liberalization talks.


China's Participation in APEC Significant: Minister
A senior Chinese official said Tuesday that the Asia-Pacific Economic Cooperation (APEC) is the most important regional economic cooperation organization that China has taken part in and that China's participation in the APEC process is of great significance.


Commentary: Promoting APEC Development on "Two Wheels"
On the global economic map, the region of the Pacific rim is undoubtedly the most dynamic plate nowadays. The Asia-Pacific Economic Cooperation Organization (APEC for short), as a regional economic cooperation organization in the region with the most member countries, of the largest scale and at the highest level, has played an irreplaceable role there.


APEC Gathering: Economic Recovery Stressed
The Economic Leaders' Meeting of Asia-Pacific Economic Cooperation (APEC) is expected to send a strong message of support for multilateral trading systems, including the launch of a new round of World Trade Organization talks.


Philippine President Sees APEC's Relevance Vital to Future
The Asian-Pacific Economic Cooperation (APEC) must always make itself relevant so as to maintain its vitality, Philippine President Gloria Macapagal- Arroyo said in Manila on October 13.


APEC to Play an Active Role in Region's Recovery - Thai Minister
Although Asia-Pacific economies are indeed experiencing a slowdown and the prospect is unclear, Thailand believes that Asia-Pacific Economic Cooperation (APEC) will play a significant role in pulling them out of the crisis, Thai Commerce Minister Adisai Bhotharamik told Xinhua in an interview on Sunday.


APEC Meeting to Promote Regional Economy
Top leaders of the 21-member Asia Pacific Economic Co-operation (APEC) forum will gather in Shanghai from October 20-21 to look in-depth at the region's economy, Foreign Ministry spokesman Zhu Bangzao said Thursday in Beijing.


APEC Finance Ministers: Another Crisis Unlikely
Despite severe difficulties facing the Asia Pacific Economic Co-operation (APEC) economies, the likelihood of an economic crisis like the one that swept the region in 1997 is slim,finance ministers of the 21 APEC members hold such opinions on current global economic difficulties.


China's Growth Experience Valuable for APEC Economies: ADB President
China's successful experiences in maintaining a rapid economic growth are valuable for other economies in the Asia-Pacific region, said Chino Tadao, president of the Asian Development Bank (ADB).


APEC Economies to Collaborate in Curbing Economic Slide:Xiang
Chinese Finance Minister Xiang Huaicheng said Sunday that APEC economies have agreed to collaborate to deal with a possible economic slide, and China has made a positive contribution to the stability of the regional economy.


Minister Li: Meeting 'A Great Success'
The Eighth Asia Pacific Economic Co-operation (APEC) Small and Medium-sized Enterprises (SME) Ministerial Meeting ended yesterday after issuing a joint statement stressing technological innovation, financing and human capacity building.


Embrace Innovation, APEC Business Leaders Told
At the on-going Asia Pacific Economic Cooperation (APEC) Small- and Medium-Sized Enterprise Forum in Shanghai, executives from some well-known companies Tuesday advised business leaders that innovation is a must if they want their companies to experience fast growth. Founded in 1989, APEC stands as the highest level economic cooperation forum of the Asia-Pacific region, covering cooperative fields such as free trade and investment, economic and technical cooperation, and dialogue on macro-economic policies.


Delegates Speak Highly of APEC Customs-Business Dialog
Both delegates from customs and business circles praised the 7th APEC Customs-Business Dialog, which began Monday morning here, as "constructive" and " significant."


Human Capacity Building Vital to APEC Economies: Sultan of Brunei
Human capacity building is vital to Asia-Pacific economies, if they are to gain benefits from accelerating technological advancement represented by the New Economy, the Sultan of Brunei Darussalam said in Beijing Tuesday.


APEC Calls for More Efforts to Build Skills
Participants of the APEC High-Level Meeting on Human Capacity Building Wednesday called for better efforts in human resources building to add momentum to economic development in the Asia-Pacific region.


Jiang Raises 5-point Proposal on Human Resources
President Jiang Zemin Tuesday called for joint efforts of the international community to advance human capacity building at an APEC high-level meeting in Beijing.


Government Values Talented People
The Chinese government attaches great importance to the training of talented people, Chinese President Jiang Zemin said Tuesday.


Official on APEC Meeting of Human Capacity Building
The APEC (Asia Pacific Economic Cooperation) High Level Meeting on Human Capacity Building, to be held May 15-16 in Beijing, aims to promote the quality of human resources and help realize common prosperity in the region, a senior Chinese official said Thursday.


Bilateral Talks on China's WTO Membership Not Excluded in APEC Meeting: Chief Negotiator
A leading Chinese trade negotiation official said Tuesday that bilateral talks concerning the country's membership in the World Trade Organization will not be excluded in the upcoming meeting of trade ministers of the Asia Pacific Economic Cooperation (APEC) in Shanghai.


APEC Urged to Play Key Role Guiding Economic Globalization
The Asia-Pacific Economic Co-operation (APEC) forum should play a key role in setting the economic globalization along the path of "seeking benefit while avoiding damage" and serving common development of all countries, Chinese President Jiang Zemin said.










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