APEC Beijing: China is ready

By Wang Yi

China.org.cn, November 3, 2014

Second, APEC members will identify five pillar areas of cooperation and unleash new impetus for Asia-Pacific economic development: transforming growth models, restructuring economies, fostering steady growth and promoting reform are the common tasks of APEC members. The APEC meeting in Beijing will feature in-depth discussions on economic reform, the new economy, innovative growth, urbanization and inclusive support in order to deepen cooperation in such frontier areas as the Internet economy, urbanization and blue economy. The "APEC Accord on Promoting Innovative Development, Economic Reform and Growth", which is expected to be formulated and adopted at the meeting, will have a far-reaching impact on the future of the Asia-Pacific.

Third, APEC members will focus their efforts on promoting interconnected development and draw up a new blueprint for establishing comprehensive connectivity in the Asia-Pacific region. With a view to benefiting members across the Pacific, we will work for the formulation of the APEC Blueprint on Connectivity, which involves hardware, software and people-to-people exchanges, in order to provide strong support for the long-term development of the Asia-Pacific.

Today, 25 years after its founding, APEC is at a new historic starting point where it can build on past achievements and make new progress for the future. At this year's APEC meeting, we hope three goals will be achieved. First, shaping the future through Asia-Pacific partnership. Second, building an open Asia-Pacific economy. And third, charting the course for APEC development.

The author is the Chinese foreign minister. The article is an excerpt from his speech at the Lanting Forum in Beijing on Oct 29, 2014.