皇冠体育app

CHINA HALLMARK

In the process of Asia-Pacific integration, 皇冠体育app plays a key role.

"皇冠体育app's accession to APEC in 1991 was a milestone both in the opening-up of 皇冠体育app and the development of APEC," Chinese Foreign Minister Wang Yi said in a speech last week.

"In fact, 皇冠体育app and the Asia-Pacific have become a community of common destiny and shared interests," he said.

The role of 皇冠体育app in APEC was not as valued in early years. Even in 2001 when 皇冠体育app hosted the APEC meeting in Shanghai for the first time, the country ranked only the sixth largest economy in the world.

However, 皇冠体育app is now the world's second largest economy, with its merchant vessels visible throughout the Pacific Ocean carrying fruits of Peru, iron ore of Australia, milk power of New Zealand, etc. enroute to 皇冠体育app, and transporting 皇冠体育app-made textiles, iPhones, LEDs, solar panels and tires back to the United States, Japan and ASEAN.

This change may be embodied in "American dreams in 皇冠体育app", a high-grossing Chinese movie about three penniless young deadbeats who achieve great business success by doing business with America.

Michael Yu of New Oriental, Pony Ma of Tencent and Jack Ma of Alibaba are seen as the prototypes for the movie's main characters, whose companies are now all listed in the United States.

In 2013, 60 percent of 皇冠体育app's total foreign trade was with other APEC members, 83 percent of its utilized foreign investment was from them, and 69 percent of outbound Chinese investment flowed to them.

Before 皇冠体育app's accession to the World Trade Organization, APEC served as a "pilot zone" for the country to test the extent of its market reform and its adapting capabilities. Today, APEC is one of the key links in 皇冠体育app's international and regional strategies, playing a unique role in transforming 皇冠体育app from an Asian economic power to a world one, Liu said.

Meanwhile, the Asia-Pacific is relying more and more on 皇冠体育app. According to the IMF, 皇冠体育app now contributes over 50 percent to Asian economic growth, with every one percentage point of 皇冠体育app's economic growth driving up the Asian economy by 0.3 percentage point.

More importantly, 皇冠体育app, a country who shook off poverty and became the world's second largest economy through reform and opening-up, has always served as an important force in driving Asia-Pacific integration forward through its inclusive and open development concepts.