CHINA / National
Hu urges bigger APEC role in economic development
(Xinhua)
Updated: 2006-11-19 09:27
HANOI -- Chinese President Hu Jintao on Saturday called for bigger APEC
role in backing multilateral trading system and enhancing economic and
technical cooperation in the region and the world as a whole.
Chinese President Hu Jintao addresses the 14th APEC Economic Leaders'
Meeting held in Hanoi, Nov. 18, 2006. [Xinhua]
President Hu made the call in his speech at the 14th Economic Leaders'
Informal Meeting of the Asia-Pacific Economic Cooperation(APEC) that is
going on in Hanoi.
In his address, Hu said, in keeping with the principle of consensus,
voluntarism and gradual progress, the 21-member APEC has conducted
fruitful exchange and cooperation on major economic issues that are of
common interest to its members and has boosted the economic growth in the
region and among APEC members.
But he stressed in a new international and regional environment, APEC
should play a bigger role in three areas
First, Hu said, APEC should support the development of the multilateral
trading system, which is crucial to the economy of the Asia-Pacific and
world at large.
Hu highlighted the Doha Round of negotiations, saying APEC has played a
major role in promoting the growth of the multilateral trading system and
the current meeting should send a clear message to the world that Doha
negotiations should be resumed speedily and major parties concerned work
in a responsible and flexible manner to bridge their gaps.
Special coverage:
President Hu to attend APEC Summit in Viet Nam
Related readings:
President Hu meets with Japanese PM Abe
Hu urges more aid to developing countries
Countries' economic partnership gets a fillip
President Hu in Hanoi for APEC summit
APEC leaders set for silky show
APEC senior official's meeting ends APEC leaders to call for study on FTA
APEC to approve counter-terrorism pact
APEC leaders to urge fight against bird flu
Hu also said APEC should play a bigger role in efforts to meet the Gogor
Goals, which the president said chart the future course of APEC and are a
criterion for gauging the performance of the organization.
Moreover, President Hu called for more efforts of the regional bloc in
enhancing economic and technical cooperation.
Hu said many APEC members lack adequate experience and capability to
respond to some new problems and challenges emerging in recent years in
areas of financial security and public health security.
The bloc should increase input and make more effective cooperation to
help developing members of APEC improve their international
competitiveness and their capacity to meet these challenges, Hu added.
He announced China will contribute 2 million U.S. dollars to the APEC
Support Fund to strengthen economic and technical cooperation in the
region.
Other leaders of APEC members in their speech also urged resumption of
the Doha Round of negotiations as early as possible and enhancement of
multilateral trading system.
In another development, during the meeting, the leaders discussed the
arrangement of regional trade, agreeing that related arrangement has
played a positive role in promoting regional economic development and
economic and trade exchanges.
They also exchanged views on plan of establishing an Asia-Pacific free
trade area.
The APEC Economic Leaders' Informal Meeting is the highest-level meeting
of the organization, which has been held once every year since 1993 in
its different members.
Top China News
� President Hu to make plans for Japan visit
� Hanoi in near lockdown to secure city for APEC
� Lawsuit against 'hooligan software' loses
� Chinese stores looted in Tonga
� 6th railway speed-up to start in April
Today's Top News
� Hu urges bigger APEC role in economic development
� China-Japan ties 'back on track'
� APEC seek to break Doha deadlock
� Chrysler in talks with China's Chery
� Guests arriving at Cruise wedding
Most Commented/Read Stories in 48 Hours
Learn Chinese, Free Chinese Lesson
No comments:
Post a Comment