China and the United States has reached consensus on resuming negotiations on updating the World Trade Organization's (WTO) Information Technology Agreement (ITA) by including more products.
The Asia-Pacific Economic Cooperation (APEC) meetings, which concluded Tuesday, are set to engrave a number of hallmarks in the history of APEC, the host country China and the Asia-Pacific as a whole.
UN Secretary-General Ban Ki-moon on Wednesday commended a joint statement announced by China and the United States on strengthening their cooperation on climate change.
China and the United States agreed on measures to reduce the possibility of military accidents in the air and at sea, and to limit greenhouse gases as the two leaders pledged on Wednesday to manage differences and boost cooperation.
APEC members adopted a blueprint on Tuesday to strengthen physical, institutional and people-to-people connectivity and promote regional bonds. The blueprint asks members to make substantive moves and meet agreed-upon targets by 2025.
APEC will continue to promote integration of its tourism market by encouraging member economies to ease visa restrictions for tourists and launch programs to expedite the immigration process, according to the APEC Connectivity Blueprint for 2015-25.
To improve people-to-people connectivity, the APEC Connectivity Blueprint for 2015-25 says the 21APEC economies are committed to continuing the expansion of the number of holders of the APEC Business Travel Card and to improving the efficiency and effectiveness of the ABTC arrangement.
The leaders of the APEC economies are committed to strengthening cooperation and coordination on the repatriation of corrupt officials and recovery of their illicitly acquired assets, according to an APEC economic leaders' declaration released on Tuesday.
Deepening economic reform and a heavier dependence on emerging growth engines such as the Internet and green energy will provide strong upward momentum for the global economy while the risk of a worldwide recession stilllooms large, member economies of APEC concluded on Tuesday.
Singaporean Ambassador to China Stanley Loh Ka Leung said he hopes for stronger cooperation with China on financial services, food safety and social governance, as the countries prepare to celebrate 25 years of diplomatic relations next year.
President Xi Jinping said on Tuesday that China expects the Philippines to adopt a constructive approach to disputes and adhere to a previously agreed consensus.
APEC leaders said on Tuesday they will draw up a strategic blueprint to promote development of global value chains and establish a regional cooperation network on a green supply chain.