Backgrounder: APEC Economic Leaders' Meeting (AELM)

12:23, November 13, 2010      

Email | Print | Subscribe | Comments | Forum 

The 18th APEC Economic Leaders' Meeting (AELM), the culmination of the APEC Leaders' Week meetings, opened Saturday in Japan's second largest city of Yokohama.

Amid the significant changes in global political and economic conditions, the two-day AELM adopted the theme "Change and Action, " whereby APEC should build upon its past successes to propose necessary "changes" and execute concrete "actions" to ensure that it will continue to play an important role in the future.

On the agenda of the meeting are the assessment of the Bogor Goals, which set 2010 as the target year for the five APEC industrialized economies to achieve free and open trade and investment, and such issues as regional economic integration, a new growth strategy for the Asia-Pacific Region, and economic and technical cooperation.

APEC had been operating at ministerial levels until November 1993, when former U.S. President Bill Clinton established the practice of an annual APEC Economic Leaders' Meeting which brings together heads of state and representatives to set the strategic policy direction for the APEC.

The AELM is held on a yearly basis. During the meeting, leaders discuss a range of strategic, economic and trade-related topics and arrive at consensus on relevant issues.

At the end of the meeting, the APEC Economic Leaders' declaration will be issued, outlining the shared views of leaders on key topics and setting the strategic direction of the APEC for the forthcoming year.

As a tradition, the leaders present at the meeting have a photo op to dress in a costume that reflects the culture of the host member.

Source: Xinhua


  • Do you have anything to say?


Special Coverage
  • Premier Wen Jiabao visits Hungary, Britain, Germany
  • From drought to floods
Major headlines
Editor's Pick
  • Chinese Navy soldiers hold an evening party marking the upcoming 62nd National Day aboard Chinese Navy hospital ship "Peace Ark" in the Pacific on Sept. 28, 2011. The Chinese National Day falls on Oct. 1. (Xinhua/Zha Chunming)
  • Photo taken on Sept. 30, 2011 shows the crowd at the plaza of Beijing Railway Station in Beijing, capital of China. The railway transportation witnessed a travel peak with the approach of the seven-day National Day holidays on Friday. (Xinhua)
  • A man wearing high-heel shoes takes part in the 3rd annual Walk a Mile in Her Shoes, an event when men literally walk in women's shoes to raise awareness about ending violence against women, at Yonge-Dundas Square in Toronto, Canada, Sept. 29, 2011. (Xinhua/Zou Zheng)
  • Photo taken on Sept. 29, 2011 shows a cargo ship in danger on the sea near Zhuhai City, south China's Guangdong Province. Cargo ship Fangzhou 6 of Qingzhou of southwest China's Guangxi Zhuang Autonomous Region lost control after water stormed into its cabin due to Typhoon Nesat on the sea near Zhuhai Thursday, leaving 12 crew members in danger. Rescuers rushed to the ship and saved them by using a helicopter. (Xinhua)
  • Actress Gong Li poses for L'Officiel Magazine. (Xinhua Photo)
  • Demonstrators from the Occupy Wall Street campaign hold placards as they march in the financial district of New York September 29, 2011. After hundreds of protesters were denied access to some areas outside the New York Stock Exchange on September 17, demonstrators set up a rag-tag camp three blocks away. Zuccotti Park is a campground festooned with placards and anti-Wall Street slogans. The group is adding complaints of excessive police force against protesters and police treatment of ethnic minorities and Muslims to its grievances list, which includes bank bailouts, foreclosures and high unemployment. (Xinhua/Reuters Photo)
Hot Forum Discussion