APEC leaders continue discussions on development in region

Email|Print|Comments       twitter     facebook     Sina Microblog     reddit    

BALI, Indonesia, Oct. 8 -- Pacific Rim leaders continued their discussions Tuesday with focus on improving connectivity during retreat sessions at the ongoing APEC leaders' meeting.

Following the leaders' first retreat session at which APEC's role in strengthening the multilateral trading system in the current global economic situation was discussed, the second retreat session concentrates on APEC's vision of connectivity in the evolving regional and international architecture.

"To seize the opportunities, our region needs to be more interconnected and interlinked," remarked Indonesian president Susilo Bambang Yudhoyono at the first retreat session.

He called for building better connectivity to make people reap more benefits of the region's economic growth.

According to the IMF, APEC, as a group, is expected to grow by 6.3 percent in 2013 and 6.6 percent in 2014. The GDP growth in the APEC region is forecast to increase from 4.2 percent in 2013 to 4. 7 percent in 2014.

Chinese President Xi Jinping, who also showed up at the summit, has warned against a world trade regime fragmented by various free trade arrangements, calling for determination to conclude the long- stalled Doha Round of global trade talks.

The 21-member APEC boasts around half of the world's economic output and trade and remains the world's growth engine despite downward trend in developing economies.

• Chinese president attends 21st informal economic leaders' meeting of AEPC
• APEC CEO Summit closes on Oct. 7 in Bali
• APEC should play leading role in maintaining open world economy: Chinese president
• APEC 'should take lead' in FTA talks
• US should adapt to new growth order
• Chinese president vows to deepen reform, opening-up in all respects
• Group photo of leaders and their spouses at APEC summit meeting
• China to join Russia in maintaining security in Asia-Pacific: Xi
• Chinese president warns against patchy global trade regime

• Xi visits Indonesia, Malaysia and attends APEC summit

We Recommend

• 2013 Colour Me Rad 5K run held in Canada
• China's destroyer Qingdao sails out of Sydney Harbor
• Chinese tycoon aims to restore London's Crystal Palace
• A staple of southern Chinese people
• Typhoon Fitow approaches China
• Tourists take pictures beside Qinghai Lake in Xining
• New couples take wedding photos during holiday
• Serena Williams stumbles through to quarterfinals
• Thailand Mobile Expo 2013 kicks off