Asia-Pacific CEOs discuss economic reconstruction
The CEOs of the Asia-Pacific region
urged regional economies to coordinate closely in scaling back economic
stimulus plans to avoid producing negative impacts on economic recovery
and consumer confidence.
The CEOs of the Asia-Pacific region
urged regional economies to coordinate closely in scaling back economic
stimulus plans to avoid producing negative impacts on economic recovery
and consumer confidence.
More than 1,000 CEOs from economies that are part of the Asia-Pacific Economic Cooperation (APEC) forum met in Singapore on November 13 on the sidelines of the APEC Economic Leaders Meeting.
This year’s APEC CEO Summit also saw the participation of many leaders in the region, including Singaporean Prime Minister Lee Hsien Loong, Chinese President Hu Jintao, and Russian President Dmitry Medvedev.
The Singaporean PM said that this is a time when the global economy is emerging from the crisis so it is extremely important to maintain economic stability and confidence.
Chinese President Hu presented a four-point proposal to boost global economic recovery and growth, focusing on boosting liberalisation and the facilitation of investment and trade, promoting regional economic integration, speeding up international financial system reform, and accelerating the transformation of economic development models with creative ideas.
Analysts said Asian countries’ giant economic stimulus plans, topped by China, have helped the region slip away from recession better than the US and Europe.
The first APEC CEO Summit was held in 1996./.
More than 1,000 CEOs from economies that are part of the Asia-Pacific Economic Cooperation (APEC) forum met in Singapore on November 13 on the sidelines of the APEC Economic Leaders Meeting.
This year’s APEC CEO Summit also saw the participation of many leaders in the region, including Singaporean Prime Minister Lee Hsien Loong, Chinese President Hu Jintao, and Russian President Dmitry Medvedev.
The Singaporean PM said that this is a time when the global economy is emerging from the crisis so it is extremely important to maintain economic stability and confidence.
Chinese President Hu presented a four-point proposal to boost global economic recovery and growth, focusing on boosting liberalisation and the facilitation of investment and trade, promoting regional economic integration, speeding up international financial system reform, and accelerating the transformation of economic development models with creative ideas.
Analysts said Asian countries’ giant economic stimulus plans, topped by China, have helped the region slip away from recession better than the US and Europe.
The first APEC CEO Summit was held in 1996./.
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