Sino-Russian views on the role of APEC

The role of the Asia-Pacific region in the world

A: The prosperity of the APEC region is in the interest of the entire world. We proceed from this premise while identifying the forum's agenda, taking into account the region's growing role as both the world's largest production hub and consumer center.

Regional integration in the Asia-Pacific

A: The traditional topics of regional integration and the facilitation of investment liberalization remain of paramount importance for Russia. Regional integration will gain a new momentum now that Russia has joined the World Trade Organization. One of the most crucial issues is the development of transport and logistics chains to reduce trade costs between the APEC area and the European Union.

Wang Yusheng, veteran Chinese diplomat and a former senior APEC official

The role of China in the Asia-Pacific economy

A: China has made a great contribution to the regional and global economies by opening itself up and creating mutually beneficial investment opportunities amid the global recession. China is likely to reach the goal of "free and open trade and investment" in the region ahead of 2020, the timeline for developing countries agreed by APEC leaders in 1994.

The 2014 APEC leaders' meeting in China

A: Despite the slowdown in economic growth, China insists on opposing trade protectionism and double standards. The country may make use of its chairmanship to accelerate economic integration and cooperation, especially in the field of high technology, among APEC members.