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Wang Wentao: consolidating anti-pandemic outcomes, promoting economic recovery and striving toward sustainable development of Asia-Pacific

On the evening of November 11, on behalf the Chinese side, Minister of Commerce Wang Wentao attended the Asia-Pacific Economic Cooperation (APEC) Economic Leaders' Dialogue with the APEC Business Advisory Council (ABAC) via video link and exchanged views with Asia-Pacific business representatives. Vice Minister of Commerce and Deputy China International Trade Representative Wang Shouwen attended the meeting.

Minister Wang said that APEC is a cooperation mechanism with strong influence in the region and the world at large. All members should work together to consolidate the anti-pandemic outcomes, promote economy recovery, enhance people’s well-being and strive toward sustainable development of the Asia-Pacific region. We need to build a open environment for trade and investment, explore new engines for regional economic growth, and pursue sustainable and inclusive recovery of the region. China is delighted to see that RCEP will enter into force from January 1 next year, which will bring strong impetus to the regional and global fight against COVID-19 and economic recovery. China has applied to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the Digital Economy Partnership Agreement (DEPA) successively. China will work with all APEC members to continue improving regional trade and investment liberalization and facilitation, keep industrial and supply chains stable, step up efforts to build a high-standard Asia-Pacific Free Trade Area, so as to deepen regional economic integration.

Prime Minister of New Zealand Jacinda Ardern attended the Dialogue and delivered opening remarks. 21 APEC economic leaders or their representatives attended the event. A total of 57 business representatives participated in the Dialogue.