Zhang Gaoli attends and addresses opening ceremony of the APEC 2014 Finance Ministers' Meeting
2016-05-08
On October 22, the APEC (Asia-Pacific Economic Cooperation) 2014 Finance Ministers' Meeting was held in Beijing. Zhang Gaoli, member of the Standing Committee of the Political Bureau of the CPC Central Committee and vice-premier of the State Council attends and addresses the opening ceremony.
Zhang Gaoli said that this year is the China Year of the Asia-Pacific Economic Cooperation forum (APEC) as the 22nd APEC economic leaders' meeting will soon be held in Beijing. President Xi Jinping pointed out that “We will take this opportunity to face the future, seek to establish an even closer partnership, deepen practical cooperation, push for a greater leading role of APEC and draw up a long-term vision for the Asia-Pacific region.” This finance ministers meeting is an important activity for the China Year of APEC. The meeting focuses on topics such as Asia-Pacific and global economic situation, cooperation on infrastructure investment and financing, fiscal policies for economic restructuring and financial support for entity economy in the region. The topics have clear directions and important practical significance.
Zhang Gaoli emphasized that the Asia-Pacific region is a major driving force and engine for global economic growth. APEC should truly assume the mission of advancing regional and global growth and promote the regional growth featuring coordinated policy, interactive growth and integrated interests. He said the APEC economies should step up dialogue on macro-economic policies and share policy information in order to reduce the negative spill-over effect of their policy readjustment and to maintain stability of the regional economy. Zhang said the APEC economies should advance economic restructuring to increase vigor of the market, expand human capital and advance technological innovation so as to achieve more robust, inclusive and sustainable growth in Asia-Pacific region. Zhang said the economies should strengthen cooperation on infrastructure development and innovate the mode of investment and financing. The economies should explore new ways of cooperation between government and market capitals by guiding the rich deposit of savings into infrastructure development and build an all-dimensional structure of connectivity in the Asia-Pacific region. Zhang said the economies should strengthen capacity building and experience sharing, learn from each other and draw on the successful experience of other countries
Zhang expressed that China is a member of the Asia-Pacific community, and its development is closely linked with the development of the Asia-Pacific region. China will continue to advance economic growth with reform and innovation, advance innovation in the areas of technology, social and economic systems, governance and business models, continuously stimulate the creative vigor of tens of thousands of enterprises and individuals in order to achieve a sustainable, healthy and high-level economic development. Zhang said China will adopt an even more active strategy of opening up, and will continuously improve its business environment to attract overseas investment. The more China grows, the more, greater and better opportunities it will bring about for growth in the Asia-Pacific region and the world.
In the end, Zhang Gaoli said that cooperation and development remain the trend of the times in the Asia-Pacific region. We would like to work together with other economies to strengthen reform and innovation as well as mutually beneficial cooperation with a broader view and firmer steps. We will vigorously promote the process of regional economic integration and sustainable development in order to make new and greater contributions to the long-term development, prosperity and progress in the Asia-Pacific region and around the world.
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