Over 1,000 business leaders from the Asia-Pacific region and the world met at the APEC CEO Summit which was started in Bali, Indonesia, on October 6 to discuss and share experience to strengthen cooperation for the common development and prosperity.

The two-day event, themed “Towards Resilience and Growth: Reshaping Priorities for Global Economy”, is part of the 21 st meeting of economic leaders of the Asia-Pacific Economic Cooperation (APEC) forum held in Indonesia from October 1-8.

Addressing the opening ceremony, Indonesian President Susilo bambang Yudhoyono said the business community is a key partner in the global comprehensive development and creating more opportunities for trade and investment, for the benefit of all people.

The supports by the business community will make APEC member economies more stable and completely open for businesses, he added.

The Indonesian president noted that the summit affirms the key role of the private sector in the regional economy.

He called on the regional business community to strengthen cooperation and contribute to realising APEC’s common goals, including enhancing investment, sustaining growth and creating jobs in the region, supporting the enterprises and the private sector, ensuring the financial stability, developing social welfare and enhancing cooperation and dialogue.

He expressed his belief that the summit and the APEC’s business community will contribute greatly to this year’s APEC economic leaders’ meeting.-VNA