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Hu's participation in APEC meeting, visits successful
(Xinhua)
Updated: 2008-11-27 19:30

Hu also called for support to the developing countries struck by the financial crisis to help keep th momentum of their economic development.

Boosting stable development of pragmatic cooperation among APEC members

At the meeting, Hu put forward five-point proposals on dealing with major global issues of common concern.

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He urged APEC member economies to build consensus and promote sound development of the multilateral trading regime.

He also urged them to take up responsibilities and jointly tackle climate change.

In addition, APEC member economies should enhance exchanges and cooperation and join forces to combat natural disasters, he said.

Efforts should be made to regulate guidance and strengthen corporate social responsibility, he added.

The Chinese president also stressed the importance for APEC members to take coordinated actions and ensure world food and energy security.

On APEC's future development, Hu said APEC should maintain its nature of a forum for economic cooperation and its approach of conducting cooperation on a non-binding basis.

He said that the APEC members should continue to promote balanced progress in economic and technical cooperation and trade and investment liberalization.

"In particular, we should increase input in economic and technical cooperation to enhance capacity-building in developing members and narrow the development gap."

Hu also presented proposals on tackling climate change, combating natural disasters and boosting the exploration of human resources.

He expressed China's willingness to help finance the network for Asia-Pacific forest restoration and sustained management, and host the APEC Human Resources Development Ministerial Meeting in 2010.

The proposals have drawn widespread welcome and support from the participating members.

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