Text Version
RSS Feeds
Newsletter
Home Forum Photos Features Newsletter Archive Employment
About US Help Site Map
SEARCH   About US FAQ Site Map Site News
  SERVICES
  -Text Version
  -RSS Feeds
  -Newsletter
  -News Archive
  -Give us feedback
  -Voices of Readers
  -Online community
  -China Biz info
  What's new
 -
 -
Statistics: Asia-Pacific region more integrated since founding of APEC
+ -
08:12, November 20, 2008

 Related News
 Peruvian press hails Chinese president's upcoming visit
 Chinese president ends visit to Cuba, flies to Peru for APEC meeting
 Hu, Abbas exchange messages to mark 20th anniversary of diplomatic ties
 APEC Ministerial Meeting kicks off in Lima
 CPC delegation leaves for Iran, Bahrain, Egypt, Israel, Palestine
 Related Channel News
· Chinese President attends G20 summit and APEC Forum, visits four countries
 Comment  Tell A Friend
 Print Format  Save Article
The Asia-Pacific region has become more integrated since the establishment of the Asia-Pacific Economic Cooperation (APEC) forum, according to statistics released by the Pacific Economic Cooperation Council (PECC) on Wednesday.

"I think we can take some satisfactions" that the region has been more integrated since the establishment of APEC in 1989, Yuen Pau Woo, co-author of the State of the Region Report on Asia-Pacific, told a press conference in Lima, the Peruvian capital.

It was "good news," he said while releasing the annual report which was prepared by the PECC, a non-government group consisting of 26 member committees in the region.

"Even after removing the effect of sub-regional flows among close neighbors, the index shows that most APEC member economies are more connected to the Asia-Pacific region than they were in 1990," he said.

The Hong Kong Special Administrative Region of China is the economy most highly integrated with the Asia-Pacific region, according to a press release issued after the press conference.

There had been a steady upward trend in the economic integration of the region from 1991 through 2000 but that was replaced by a decline or flat trend following the bursting of the IT bubble in 2001, it said.

The integration trend was picked up again in 2004 and 2005, and the effect of the current financial crisis on the integration index remains to be seen, the release said.

Source: Xinhua



  Your Message:   Most Commented:
World's largest pinata unveiled in Philadelphia 
Two Chinese sue Apple for patent infringement 
Tensions high in Gaza city
Profile: Barack Obama -- U.S. president-elect
U.S. economy contracts by 0.3% in third quarter

|About Peopledaily.com.cn | Advertise on site | Contact us | Site map | Job offer|
Copyright by People's Daily Online, All Rights Reserved

http://english.people.com.cn/90001/90776/90883/6536830.pdf