APEC members agree on connectivity blueprint
Updated: 2014-11-11 18:13
BEIJING - Members of the Asia-Pacific Economic Cooperation (APEC) on Tuesday adopted a blueprint to promote regional connectivity by 2025.
The APEC members set the target to enhance physical, institutional and people-to-people connectivity by 2025, said Chinese President Xi Jinping at a press conference on the achievements of the APEC Economic Leaders' Meeting.
They agreed to invest in enhancing connectivity in the Asia-Pacific in all dimensions according to the blueprint, Xi said.
The APEC members will focus on raising more funds for infrastructure development and breaking the financing bottleneck, for example through public-private partnership, Xi said.
There are new initiatives to facilitate cross-border business travels, tourism and educational exchanges so that ordinary people will benefit from connectivity development, Xi said.