Hu to address economic issues at APEC summit

Updated: 2011-11-08 15:52


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WASHINGTON - Chinese President Hu Jintao will elaborate on China's views about the economic situation in the Asia-Pacific and the world at large at the upcoming APEC summit, Chinese Ambassador to the US Zhang Yesui said Monday.

At the invitation of US President Barack Obama, Hu will attend the 19th Asia-Pacific Economic Cooperation Leaders' Meeting in Hawaii this weekend, Zhang said, adding that Hu will also participate in the APEC 2011 CEO summit and a dialogue between leaders and representatives of the APEC Business Advisory Council.

At the summit, Hu will elaborate on China's positions on such issues as global economic governance, economic development in the Asia-Pacific region and the multilateral trading system, and hold bilateral meetings with leaders of some other APEC economies, Zhang said.

The ambassador noted that this year's APEC summit is held against the backdrop of sluggish world economic recovery and growth and increasing uncertainties and risks in global financial markets.

Although the Asia-Pacific is the most dynamic region in the world economy, regional economies still face a host of difficulties and challenges, he added.

At the summit, leaders from APEC member economies will focus their discussions on issues such as regional economic growth, integration, green growth, energy security and regulatory cooperation.

The success of the summit will have a significant impact on Asia-Pacific cooperation and world economic recovery, Zhang said.

However, Zhang also stressed that one characteristic of the APEC members is their diversity and different stages of development.

The Chinese side is committed to working with other member economies to boost cooperation and push for positive, pragmatic results at the summit, Zhang said.

The APEC summit is scheduled for Saturday and Sunday in Hawaii's Honolulu under the theme of "Toward a Seamless Regional Economy."